Price negotiation

**Coneamahfone** · 5th July 2012, 09:52

So guys when buying a "new" bike, how much do you think is appropriate negotiate off the price. Do you think there is a standard 15% off for cash etc when;

1) Buying New from a dealer
2) Buying Used from a dealer
3) Buying from a private seller

I read an article one time (about buying a cage) that used dealers expect you to negociate up to 15% off the sticker price.

what have your experences been. I had $2k knocked of the hornet when I bought that from a dealer used.

**98tls** · 5th July 2012, 10:30

Depends if your trading a bike in on a new one,ive sold both bikes and cars for a living and more often than not the guy buying wants retail for his trade and to pay nothing for the new one

.I remember when the profit margin was 12% in a new car so you want 15% off

**Akzle** · 5th July 2012, 11:12

Originally Posted by Coneamahfone

So guys when buying a "new" bike, how much do you think is appropriate negotiate off the price. Do you think there is a standard 15% off for cash etc when;

1) Buying New from a dealer
2) Buying Used from a dealer
3) Buying from a private seller

I read an article one time (about buying a cage) that used dealers expect you to negociate up to 15% off the sticker price.

what have your experences been. I had $2k knocked of the hornet when I bought that from a dealer used.

it's all negotiation, who and wherever you're buying from.
generally pick what YOU think the item is worth, what it's advertised for, and go 100% again down, to start negotiations. ie if you think it's worth 175$, it's advo'd at 200, you start negotiations at 150$.

something is only worth what the seller is willing to sell it for.
a lathe might be bought for 2k$, but to an engineer that's his livelihood, so it's worht infinitely more. a boat at 16k$, but again, a fishmonger's livelihood.

anything you can pay cash for should be 15% straight off, especially if they're offering "finance"

i've known people ot walk out of car yards with <50% off stickered price (the salesman was nearly crying). just walk around the car and point to every dent, scratch, uneven tyre wear etc etc etc.

consider that most stores have ~100% markup (profit margin), and can generally afford to go a lot lower than you'd think. but you wont know until you ask.

**5150** · 5th July 2012, 11:17

Originally Posted by Akzle

consider that most stores have ~100% markup (profit margin),

And you have proof for such an allegation?

Most bike shops I know will be lucky to make 5-10% on their parts and accessories. Lucky if that on the bikes they sell

**Coneamahfone** · 5th July 2012, 11:18

Originally Posted by Akzle

it's all negotiation, who and wherever you're buying from.
generally pick what YOU think the item is worth, what it's advertised for, and go 100% again down, to start negotiations. ie if you think it's worth 175$, it's advo'd at 200, you start negotiations at 150$.

something is only worth what the seller is willing to sell it for.
a lathe might be bought for 2k$, but to an engineer that's his livelihood, so it's worht infinitely more. a boat at 16k$, but again, a fishmonger's livelihood.

anything you can pay cash for should be 15% straight off, especially if they're offering "finance"

i've known people ot walk out of car yards with <50% off stickered price (the salesman was nearly crying). just walk around the car and point to every dent, scratch, uneven tyre wear etc etc etc.

consider that most stores have ~100% markup (profit margin), and can generally afford to go a lot lower than you'd think. but you wont know until you ask.

I guess for every guy who gets 50% off there is 200 who pay sticker price. Its funny in western nations that bargaining/haggling are seen as 'dirty' and 'low brow'. everything used to be up for negotiation.

**Quasievil** · 5th July 2012, 11:19

Originally Posted by 5150

And you have proof for such an allegation?

Most bike shops I know will be lucky to make 5-10% on their parts and accessories. Lucky if that on the bikes they sell

Who told you that buddy?
Bikes shops make more than that I assure you.

**5150** · 5th July 2012, 11:21

Originally Posted by Quasievil

Who told you that buddy?
Bikes shops make more than that I assure you.

more then 5-10% maybe, but haven't heard of any that would stick 100% on all their stock

**Quasievil** · 5th July 2012, 11:28

Originally Posted by 5150

more then 5-10% maybe, but haven't heard of any that would stick 100% on all their stock

30% minimum usually.

**Akzle** · 5th July 2012, 11:47

Originally Posted by 5150

And you have proof for such an allegation?

Most bike shops I know will be lucky to make 5-10% on their parts and accessories. Lucky if that on the bikes they sell

i was thinking shops in general.
even at 60% off sales, briscoes is still turning profit.
my mate at repco - clutch kit for the ute - staff (cst+5%) 180$ - retail, about ~600. go figuire.

i'd imagine bikes may have a lower margin, but gear certainly will be profitable. (that's why they can give you "discounts" on gear when you buy a bike - you feel good and they're still making money!

**GTRMAN** · 5th July 2012, 13:07

Originally Posted by Akzle

it's all negotiation, who and wherever you're buying from.
generally pick what YOU think the item is worth, what it's advertised for, and go 100% again down, to start negotiations. ie if you think it's worth 175$, it's advo'd at 200, you start negotiations at 150$.

something is only worth what the seller is willing to sell it for.
a lathe might be bought for 2k$, but to an engineer that's his livelihood, so it's worht infinitely more. a boat at 16k$, but again, a fishmonger's livelihood.

anything you can pay cash for should be 15% straight off, especially if they're offering "finance"

i've known people ot walk out of car yards with <50% off stickered price (the salesman was nearly crying). just walk around the car and point to every dent, scratch, uneven tyre wear etc etc etc.

consider that most stores have ~100% markup (profit margin), and can generally afford to go a lot lower than you'd think. but you wont know until you ask.

Dude can you even count? 100% of $200 is...... $200.

**SMOKEU** · 5th July 2012, 14:42

Originally Posted by 5150

And you have proof for such an allegation?

Most bike shops I know will be lucky to make 5-10% on their parts and accessories. Lucky if that on the bikes they sell

If I can buy something new off eBay including shipping and it ends up cheaper than buying exactly the same thing in NZ, then someone is making a lot of money.

**Quasievil** · 5th July 2012, 14:49

Originally Posted by SMOKEU

If I can buy something new off eBay including shipping and it ends up cheaper than buying exactly the same thing in NZ, then someone is making a lot of money.

Oh here we go .............................

and why do you think that is stupid