Buying from a dealer?

[warewolf]

the mark up on gear is huge so keep that in mind.

if its a 250 and they are asking 6k for it, you can bet they paid around 4k maybe less.

Yebbut don't confuse markup with profit. Markup has to pay for all the dealer's costs, like wages to the sales person for a start. Rent. Cost of complying with all the jiggery-pokery being done with acc/kiwisaver/employment law lately (and I mean just implementing the changes, not the actual payouts those things require). Financing the 4k outlay until someone buys it. Warranty obligations. etc etc ad nauseum.

You just have to look at the difference between private sales,and dealerships prices.

You can't tell me the dealers aren't making any money?

See above. And conversely, you can't tell me that the dealers are making any money, can you?

It never ceases to amaze me how people mistakenly presume dealers are profiteering rip-off merchants. Yes there is some negotiating room in sales, but nowhere near as much as the difference between private and dealer prices.

[Kiwi Graham:Me]

Hey Mate, cheers for taking the time to write that

Nah I don't have the cash to pay for it, I'm only 20, scraping the bottom of the barrel to get enough money for protective gear which I am very reluctant to go cheap on (I enjoy the ability to walk/eat/type/screw and live) I am getting a loan for 95% of the bike, and have saved alittle for the gear. I have't been 100% specific regarding the price as I don't want to identify the bike to be honest. It's alittle above/below the $6000 mark, just wanted to see peoples reactions.. It's a Hyosung GT250R which there are alot of, but I want to go through a dealer so I have piece of mind as I can check out a car very well but not a bike as I have no experience so if it dies 1 month down the track I have something to fall back on.

No going to walk in there and be an arsehole, but i'm a sales person so making deals comes quote natually. I'll go in with a good attitude and see what happens. Can't wait,

One more question, yes I see that the Hyosungs are being sold with a 2-year warranty.

1) How would I claim on this, eg. would i need the origional invoice for the origional purchase

2) is this transferable?

3) What services need to be done to be able to make a claim

4) What does this cover?

Thanks again for your time all to comment, really is appreciated and I look forward to meeting some of you at rides.

Aaron


Cheers
Aaron

Hi Aaron, If your getting your finance through the dealer you are in a better position to do a deal.
Include in the deal you saftey gear and work on the total price. Dealers make a return on finance, accessories and the bike but not alot in each so lumping them together would make any deal sweeter!

1. Yes you need evidence of date of purchase.
2. Yes
3. All servises have to be within recommended intervals by the dealer or approved other.
4. Usually parts that are not considered to be consumables, eg brake pads light bulbs, tyres, etc

[thehollowmen]

I'd like to second this:

See above. And conversely, you can't tell me that the dealers are making any money, can you?

Don't we have a thread about dealerships closing?

My advice is to make an offer. They can always laugh at you, and if you can laugh at yourself you can laugh with them.

Consider though; A dealer will support you if things go wrong. And you might be able to bargain in some free / cheap equipment extra.

But don't be offended if they laugh at you, or give you a shitty look. They probably get laughable offers twenty times a day. Especially from the Suzuki (GSXR) riders: "Oh, you've had that Soft-tail / electro glide / road king on the floor a while, I could take it of your hand for" and then they count out what change is in their pocket.
I guess that would get old quickly.

[naphazoline]

It never ceases to amaze me how people mistakenly presume dealers are profiteering rip-off merchants..

Your words,not mine.

I'm aware that dealers have their overheads,but that doesn't mean i should shell out extra $$$ for a warranty,and some of the other support,just to keep their heads above water.

It's a competitive world,and if you want to stay in the game,(no matter what bussiness you're in,) you're going to have to offer good prices/discounts/package deals,at a competitive rate,otherwise buyers go elsewhere.

Thats just how it is.It affects my work aswell.

[McDuck]

It is not to hard to work out the rough costs of the dealer, rent (those shops demand big coin), staff, cleaning etc (remember to add about 10% for holidays and sick), plus servaces (eletricity, office supplys, bike cleaning etc) plus 12+% PA of finance on the floor stock, i dont know how the hell they do it.

[Robert Taylor]

As a cash buyer,the barganing power is with YOU,not them.

I'd actually start lower,at perhaps $4,200.Tell em you've seen a bike the same on Trademe,only thing holding you back is it's in another town or something.

Never go up to the sticker price!Dealers are in the business to make money,your business is to try and save money.Who really cares what his margins are?

I'd go as high as $5,400,and expect discounts on the next set of tyres,servicing etc (coz I'm a tight bastard like that).

I guess in the end,it's your moolah!

Good Luck!

Well I for one actually care that ALL small business owners make decent margin. They in turn employ people and if the unit profitability is low ( more often than not ) that puts pressure on to cap wage rates at low levels. Here in NZ workers are more often than not poorly paid and all the discounting that goes on substanially helps to compound that fact.

[Robert Taylor]

the mark up on gear is huge so keep that in mind.

if its a 250 and they are asking 6k for it, you can bet they paid around 4k maybe less.

Theoretical markup yes, reality most often no.

[Robert Taylor]

It is not to hard to work out the rough costs of the dealer, rent (those shops demand big coin), staff, cleaning etc (remember to add about 10% for holidays and sick), plus servaces (eletricity, office supplys, bike cleaning etc) plus 12+% PA of finance on the floor stock, i dont know how the hell they do it.

Yep, doesnt add up does it. Another big dealer has gone to the wall this week, a discounter dealer.

[Creeping Death]

Well I for one actually care that ALL small business owners make decent margin. They in turn employ people and if the unit profitability is low ( more often than not ) that puts pressure on to cap wage rates at low levels. Here in NZ workers are more often than not poorly paid and all the discounting that goes on substanially helps to compound that fact.

Why the hel would anyone care what a retailers margin is?It's like these Green loving tree hugging dolphin strokers worried about our carbon footprint!Who gives a fook!

What I give a shit about is how I can save money,like I said,I'm a tight arsed bastard.

I work hard for my moolah,and if I have to spend more to help save someones job?Get fucked.

It's a 'Survival of the fittest' world out there and if a Business or retailer can't cut the mustard,they will be judged,probably by Simon Cowell.

[McDuck]

Why the hel would anyone care what a retailers margin is?It's like these Green loving tree hugging dolphin strokers worried about our carbon footprint!Who gives a fook!

What I give a shit about is how I can save money,like I said,I'm a tight arsed bastard.

I work hard for my moolah,and if I have to spend more to help save someones job?Get fucked.

It's a 'Survival of the fittest' world out there and if a Business or retailer can't cut the mustard,they will be judged,probably by Simon Cowell.

Would you still think that when you are unemployed because all your companys cliants were to tight to pay what the product needed to?

[dipshit]

Would you still think that when you are unemployed because all your companys cliants were to tight to pay what the product needed to?

'The race to the bottom'... as it's termed.

[Headbanger]

Its the dealers job to get the highest price they can, Its the buyers concern to get the best priced bike they can.

The customer has no more business concerning themselves with how the shop is run then the shop does knowing how the customer runs their finances.

If they aren't prepared to sell the bike cheaply then they will tell you, Thats how haggling works, Its not like you can force them to take a loss.

If they can't move on a bike at all they will shut down the haggling quick smart, Only a dumb shit on either side would take offence.

[Headbanger]

Would you still think that when you are unemployed because all your companys clients were to tight to pay what the product needed to?

I would be thinking the company seriously misjudged their product and target market if buyers refused to buy it.

[Creeping Death]

Would you still think that when you are unemployed because all your companys cliants were to tight to pay what the product needed to?

Damn straight I would.It means someone higher up the chain ain't doing their job properly.

NEGOTIATE to get the BEST possible price for yourself.After all,we all love a bargain,and if it ain't forthcoming,GO ELSEWHERE.Someone else will supply the product at a price that is agreeable to both parties.

[McJim]

I am of a belief that a shop should put their best price on show otherwise they are being deceitful. If the price is too high I move on until I find the product at the price I like.

There are many shops that may have unknowingly lost my business because of this but that's their loss not mine.

I usually wait for the sales anyway. Motomail FTW! :