Summerfest doing nothing for resale...

[bane]

on Trademe (new K7's):
GSXR600 @$13995
GSXR750 @$16995
GSXR1000 @$17995

:gob:

...immediately drop your 2nd hand value by $2-4k....

[Coldrider]

Suzuki have always done this, they have no middleman in NZ, the Suzuki franchise is owned by Suzuki Japan. These sales affect all other brands as well, to maintain price parity. When you trade in a honda of equivalent type, the resale is determined by others in that class.
A free capitalisitic market.

[98tls]

Have you seen what you can pick up a second hand SV for these days :nono:

[RantyDave]

Suzuki have always done this, they have no middleman in NZ
Ahhh! So there's no "territory" so to speak? Anyone can become a Gixxer pusher?

Dave

[bane]

... These sales affect all other brands as well, to maintain price parity...

a mate of mine is in the market for a new R1 at the moment. No Yamaha dealer he has seen is prepared to drop under ~$20k.

Pitty he wont buy a Suzuki, no matter how cheap it is...

[98tls]

a mate of mine is in the market for a new R1 at the moment. No Yamaha dealer he has seen is prepared to drop under ~$20k.

Pitty he wont buy a Suzuki, no matter how cheap it is... How much is a new R1?

[bane]

How much is a new R1?

rrp $22400ish i think

[98tls]

rrp $22400ish i think No shit............you would think they would do a skinny deal at 20k just to get another number up.I sold Toyotas for 5/6 years way back and can remember my mate who worked at a Nissan dealership selling the odd new one for no profit,they claim it back from Nissan anyway,there used to be 12.5 % profit in a new car,wonder how much there is on a bike.

[McJim]

a mate of mine is in the market for a new R1 at the moment. No Yamaha dealer he has seen is prepared to drop under ~$20k.

Pitty he wont buy a Suzuki, no matter how cheap it is...

That's just symptomatic of Yamaha not actually wanting to shift units in New Zealand. there are ither markets they care about and they'l leave NZ to Suzuki, Yamaha, Ducati, Aprilia and Kawasaki.

[Usarka]

I'd give my left nut to buy a yammy FZ1 Fazer, its my bike through and through being the old cant that i am. but fuck me up the arse if i'm going to pay 19,000 for a semi naked all-rounder. fuckers!

[Matt]

Has anyone seen the 2008 Summerfest prices? Out now according to ad in Kiwi Rider...

[boman]

Has anyone seen the 2008 Summerfest prices? Out now according to ad in Kiwi Rider...

Yup I have. Bike Rider Magazine has a brochure in it. I bought a new SV thou on monday. Saved a few bucks because of the promo. MR motorcycles in Pukekohe. Did a great job of matching the prices I got quoted from two other Auckland stores.

[Katman]

Buy a classic.

Mine's worth ten times what any new bike is.

(Well, to me anyway).

:msn-wink:

[roogazza]

on Trademe (new K7's):
GSXR600 @$13995
GSXR750 @$16995
GSXR1000 @$17995

:gob:

...immediately drop your 2nd hand value by $2-4k....

Re sale value ?
I'm looking at the options for a large capacity road bike. I did hear yesterday, that Busas' won't be summerfested, which doesn't help me much. Gaz.

[Morcs]

I was having the conversation with a Honda dealer the other day.

Suzuki are fucked in the head. The suddenly drop their prices uber low, pricing all their competitors out of the market, and the loyal suzuki buyer, who just paid full retail price has just been shafted as far as resale value goes - therefore less money to spend on another suzuki, so he fucks off and buys something else.

Not very clever (or morale) busy practice really...

[The Pastor]

well anyone who buys a suzi at non summerfest prices are a little ignorant.

Suzi ALWAYS do summmerfest.

[Trouser]

Just like the drz400sm. 11k-8k-11k. Golly.

Bit of a harsh lesson but you shouldn't buy a suzuki for its resale.

[Morcs]

Just like the drz400sm. 11k-8k-11k. Golly.

Bit of a harsh lesson but you shouldn't buy a suzuki for its resale.

Exactly. And of course because they were at 8, resale of a less than a year old, less than 5,000kms became around $6k.

Plus, if you had paid 11, and wanted to sell, you'd be a bit farked off and go buy a Honda instead.

[hang0ver]

I was having the conversation with a Honda dealer the other day.

Suzuki are fucked in the head. The suddenly drop their prices uber low, pricing all their competitors out of the market, and the loyal suzuki buyer, who just paid full retail price has just been shafted as far as resale value goes - therefore less money to spend on another suzuki, so he fucks off and buys something else.

Not very clever (or morale) busy practice really...

Well, the re-seller is only shafted for the period of the summerfest, couple of months after that its prices as usual.

Don't sell your near new Suzi around summerfest I guess?

I think summerfest is a good incentive, other manufacturers should follow suit & be competitive, and as far as auto-makers go, there are others with much worse moral standings then suzuki...

[Morcs]

Well, the re-seller is only shafted for the period of the summerfest, couple of months after that its prices as usual.

Don't sell your near new Suzi around summerfest I guess?

I think summerfest is a good incentive, other manufacturers should follow suit & be competitive, and as far as auto-makers go, there are others with much worse moral standings then suzuki...

Nah, because everyone remembers. 'werent those 8 grand?'
When In theory my DRZ has a total retail value of $13.5k, now, 6 months old, and 7k on the clock, I should be able to sell for 8k, but because they were discounted to 8k, it pushes the value of mine to 7 absolute tops.

[AlBundy]

Well, when it comes to the DRZ, there's absolutely ZERO reason they are worth more than 8K to start with.... The technology is old, the componentry isn't exactly mind blowing and it's restricted to the hilt...

[hang0ver]

Nah, because everyone remembers. 'werent those 8 grand?'
When In theory my DRZ has a total retail value of $13.5k, now, 6 months old, and 7k on the clock, I should be able to sell for 8k, but because they were discounted to 8k, it pushes the value of mine to 7 absolute tops.

Don't buy Suzuki? Only buy if you are planning on holding onto the bike for a good period of time?

On the other hand, it is an ideal situation for the second hand market & buyers such as myself. I have no beef with Summerfest.

[MarkyMark]

It's like the housing price crash. Sucks a bit if you already owned one, but great news for people like me who were thinking about buying :D

[Forest]

Unbelievable! I guess you miserable bastards will bitch about anything.

[oldguy]

That's just symptomatic of Yamaha not actually wanting to shift units in New Zealand. there are ither markets they care about and they'l leave NZ to Suzuki, Yamaha, Ducati, Aprilia and Kawasaki.
Now now jimmy, we know you can do it, I'll say it with you H...O...N...D...A now lets do it one more time but faster, HONDA, now that wasn't hard after all.:laugh::laugh:

[Coyote]

well anyone who buys a suzi at non summerfest prices are a little ignorant.

Suzi ALWAYS do summmerfest.
A smart person would rely on the Summerfest coming next time if they wanted a Suzuki. Anyone that has the cash to buy the latest model to have the very latest model to show off will just have to accept it depreciating to a point where it'll cost more to update to the very next model.

I'm glad my taste in bikes has stayed around the '03-'05 era.

[ynot slow]

I'm seriously looking at the Suzuki summerfestat the moment,was tlking to a dealer a couple of weeks ago and commented about s'fest,he said yep happening again and is the bees knees if it is what you're after.