Buying from a dealer?

[Aaron_newrider]

Hey guys,

I haven't posted much at all on here, but will definately start to do so more and more once I start to meet people from KB.

I am buying my bike on the 15th-20th of this month, getting some gear (Q-Moto) but wondered what the deal is with puchasing a bike from a dealer.

Here is a question for everyone, if a bike has a $6,000sticker on it, what would you try to get that down to? Paying cash (literally)

Maybe someone knows how much margin they usually put on it?

Also, from a dealer, second hand motorbike 2008, what warranty period would you expect and how much does the CGA protect me (without getting stupid )

Cheers

Aaron

[Headbanger]

I'd strart at $4500, But I'd go all thr way up to the sticker price if it were a fair value and within my budget.

[Robert Taylor]

I'd strart at $4500, But I'd go all thr way up to the sticker price if it were a fair value and within my budget.

Heck if a dealer had $1500 margin or even $1000 margin in a $6000 bike hed be doing well. Given the abysmal margins that dealers get, prep costs, overheads, poor returns for warranty work etc etc etc being a motorcycle dealer is not a way to become wealthy, with very few exceptions.

[Headbanger]

Heck if a dealer had $1500 margin or even $1000 margin in a $6000 bike hed be doing well. Given the abysmal margins that dealers get, prep costs, overheads, poor returns for warranty work etc etc etc being a motorcycle dealer is not a way to become wealthy, with very few exceptions.

Most small business owners don't get wealthy, Bike shop owners are not special in that regard.

And that's no reason not to start with a low ball offer.

[quickbuck]

Agree with Robert Here.
$1500 margin...only if the dealer got himself a bargain in the first place!
Then, that will be the bike he will be wanting to make a bit off anyway.
As they are actually running a business and not selling bikes for kicks, then it would be too cheeky to get it for that cheap.

I would go with 10% discount for cash.
Can't speak for all, but many are really happy if you don NOT have a Tade in. Last thing they actually need at the moment is another bike to try and sell.
So, yeah, I would say go in with $5500.... Or pay full price, and get them to through in some gear, or consumables... or some arrangement in between. Eg, $5800 cash, and a 4 litre oil, filter, air filter, and chainlube... You will eventually need these.
Or you could ask for free servicings.

Get the idea?

Good luck, and happy motorcycling.

[Aaron_newrider]

Thanks for the input guys, can't wait to get it. Just waiting for my loan to be approved/payday monthly. Keep the comments/opinions comming.

[Creeping Death]

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!

[jafar]

Go in LOW, you can always negotiate up but you can't go down!!

Work on your "total package", the dealer might not want to sell you the bike particularly cheap but may do you a deal on accessories or other things he sells if you buy ALL from him. So work out what you want & who is going to do the best all round deal. Don't be afraid to walk out if they don't want to play, there are plenty that will
It is near the end of the 'season' & all the dealers want to move stock & no trade deals are cream.
The old saying of cash talks & bullshit walks seems appropriate here.

[The Pastor]

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.

[naphazoline]

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?

[Metalor]

Hmmm.. .my first bike (which I still ride every day, despite crashing the fuck out of it) had a price tag of $2900 and the gave it to me for $2400 WITH a helmet of up to $150 value. The bike was worth over 3 grand at the time, so it HAD to have been a trade in they wanted to sell off.

Either that or I'm just faaaaar too good looking.

[R1madness]

sure we make a couple o dollars on a bike but we provide a great service. Have you seen some of the crap that people try to sell as a good bike these days. New riders or people without mechanical skills should steer clear of half the stuff offered privately (trade me, buysellexchange, the paper, the pub) unless they can get it for a bargin and are prepared to put the money they saved buying the bike into fixing it.
I am not saying that there are no genuine bargins out there, there are, just check them out properly.
What to offer well its up to you but i dont know a single dealer that could knock $500 off a $6k bike and still expect to be in business in the future.
make a lowball offer but dont be offended if he just shrugs and walks away.
Oh yea saying i saw one on trade me doesnt work. Most of us have broadband and a pc hooked up to trademe for just this reason.....
If you want the best deal possable go in with 50% deposit, no trade in, and ask for finance. Now thats a deal winner.

[dipshit]

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?

Part of the extra costs though from a dealer is at least covering you with some kind of guarantee should the bike launch itself a few weeks later.

If you spend $7000 on tardeme and the engine blows up the following week... you are out of luck.

Paying a bit more from a dealer covers your ass from such a thing happening.

Personally i wouldn't drop a large amount of coin in a private motor vehicle sale unless i thoroughly knew about the vehicle's history... like from someone i already knew.

[naphazoline]

Part of the extra costs though from a dealer is at least covering you with some kind of guarantee should the bike launch itself a few weeks later.

If you spend $7000 on tardeme and the engine blows up the following week... you are out of luck.

Paying a bit more from a dealer covers your ass from such a thing happening.

I understand that,but there are ways of cutting down your chances of this happening in a private sale.

I spent 12.5k on a private deal,that would have otherwise cost me up to 5k more at a dealership,and i've had a dream run.

P.S.
That was on tardme.

[dipshit]

I spent 12.5k on a private deal,that would have otherwise cost me up to 5k more at a dealership,and i've had a dream run.

Yeah i suppose you can't go too far wrong with say a tidy 12 month old bike with only 4500ks on it or thereabouts.