News:

1400 GTR - A beast

Main Menu

Going, going.....gone?

Started by Lonewolf, September 18, 2013, 11:38:25 PM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

Boomer

Quote from: Kwikasfuki on November 17, 2013, 09:53:26 AM
I do like the look of the K16 and hope Kawasaki up their game with the GTR soon
Each to their own. I've always thought that all the K-series BMWs should actually have a Samsonite badge.
While the K1 was very different it managed to do it in a very clinical, sensible way, and was dull to ride.
The GSs are at least different and the Boxers have their charm, but the Ks never appealed to me.
Honda have the same problem pretty much across their range,...... blandness.

Yes, I'm a Lamborghini man, Ferraris, Bugattis, and most other supercars are for wussies and those with no taste.  :laugh:
I could be tempted by a Pagani though.  :mfr_lol:
George "Boomer" Garratt
Wickford, UK
http://www.gtr1000.com

Charlie747

Quote from: O.C. on November 17, 2013, 08:49:13 AM
The value of our 'pride and Joy' depends on a number of factors, mileage condition, etc etc, every dealer has to also take into account what his current stock profile is i.e if he already has a GTR or two in stock he most likely won't be too bothered about adding a third one, hence his P/X offer may be reduced accordingly, additionally every dealer has bills to pay, profits to make, repairs and servicing to conduct on P/Xd machines  before he can re-offer them for sale, plus most purchasers of used machines expect a warranty to be included with a machine that's offered for sale.

Dealers offer a P/X price which often (should) includes an "over allowance" that is to say he offers more for the P/X than it is actually worth in terms of residual/realisable value, ergo he may offer you £7,500.00 for your machine which in fact probably has a residual value of say £6,800.00 therefore the £700.00 "over allowance" is taken out of any profit within the machine you are proposing to buy. This enables the dealer to outbid other dealers who may be competing to sell you a new or used machine from their stock, and this is the reason why some dealers are apparently able to offer you more for your miachine than the guy down the road.

Also consider, some dealers, with a franchise, do not like to have non-franchised stock on their showroom floor, BMW dealers, and other franchised dealers, are notorious for only wanting another BMW in P/X, as such they will get a 'trade bid' on your P/X if its not one of their franchised marques, before they do a deal with you, what happens then is that your P/Xd machine will go straight out of the dealership to a trader and not remain in his stock of used machines.

Any dealers stock, be it cars or bikes, must be valued at a realisable figure, its basic accounting/auditing practice in order to show a true valuation of assets within a balance sheet.

Sorry for the extended explanation, but I have managed, as a General Manager, dealerships, so I do know what I'm talking about, and its often useful to understand that not all dealers are trying to rip off existing and potential customers alike, they simply want to make a living, granted some are greedy bast*rds and others aren't, as individuals they have different overheads and different profit aspirations........we are all different...... and dealers are too.

Prices for privately sold and prices for a machine sold from a dealership will always be different to those offered through a dealership  :yes:

Maybe this will help to clarify why there is often a disparity in P/Xing your bikes  :wink:


As a forma fully paid up member of the addictive career path that goes by the general description "Motor Trade" I could not of put it better.  :goodpost:

zedmeister

There are also other factors to consider too, if you are financing the ballance you may get a better deal due to the fact the dealer will make money off the finance company from the deal depending on the ammount of APR they can get away with. The dealer will get a kick back % depending on their base rate% from the finance company. If you would also decide to have GAP insurance the dealer will be rubbing his hands and counting the profit. The dealer will always do the deal with you but will adjust the figures to accomodate for VAT, in short you will get the same deal but the figures will be altered to suit the dealer books. I used to make more money through finance deals than actual profit in some of the bikes, i would cringe when cash was mentioned and would give minimal discount for cash sales. Unfortunately thats business today.

In short you will get a better px through finance but in the long run you will pay more, you pay's your money and takes your choice.
get a grip and deal with it

O.C.

Quote from: zedmeister on November 18, 2013, 08:49:30 PM
There are also other factors to consider too, if you are financing the ballance you may get a better deal due to the fact the dealer will make money off the finance company from the deal depending on the ammount of APR they can get away with. The dealer will get a kick back % depending on their base rate% from the finance company. If you would also decide to have GAP insurance the dealer will be rubbing his hands and counting the profit. The dealer will always do the deal with you but will adjust the figures to accomodate for VAT, in short you will get the same deal but the figures will be altered to suit the dealer books. I used to make more money through finance deals than actual profit in some of the bikes, i would cringe when cash was mentioned and would give minimal discount for cash sales. Unfortunately thats business today.

In short you will get a better px through finance but in the long run you will pay more, you pay's your money and takes your choice.

Yep, absolutely correct, your point about finance further demonstrates that buying a bike, or car for that matter, from a dealer is not as straight forward as some seem to think it might be......I won't bore everyone on here with dealer stocking costs...legal representation requirements, trades description laws..... it just goes on and on, and on and...................   :yes:
 
BE KIND...


ROG .

Winston Smith

Just bought a new (to me) car and the dealer simply sat at the computer after the p/x had been struck and stated what the monthly payment would be.

PMSL when his face dropped when I said I was paying the remainder in cash!

Never assume my son, never assume!

(Oh and when it arrived - was at another branch of the dealership - it was higher spec than they had realised too, cruise control auto lights/wipers, leather....ROFPMSL!!)
Four is fun.  Six is sex.

I Dream of a World where Chickens can Cross the Road without having their Motives Questioned

Lonewolf


O.C.

BMW ???? ...cummon Chris stop taking the you know what   :mfr_lol:
BE KIND...


ROG .

zedmeister

#112
Spot on Winnie - thats how to do it, get a really good finance PX then when the deal is verbally done drop it out that you are settling in cash. Seems your dealer honoured the deal which is good for you, i myself would have said that was for a finance PX deal only not a cash deal, which does go to show how much better a finance deal can be although not in the long term. The sales exec should have asked which payment method you were opting for in the first instance, this was always my first question before getting into the nitty gritty.

I have to ask the question ( although surprised if you say yes )  ASTLE ??
get a grip and deal with it

Lonewolf

To be fair whatever he's bought it'll be an improvement on his Focus.  :popcorn:

2kwacks

#114
Quote from: Lonewolf on November 20, 2013, 05:36:49 PM
To be fair whatever he's bought it'll be an improvement on his Focus.  :popcorn:
What a dam cheek!!!  How dare you :hammer: I've got a ford focus titanium model with all the goodies on :smiley: in fact what extras it hasn't got is not even worth having :no:
getting on now...  but not as old as Rog or Geoff

100milesaway

Quote from: 2kwacks on November 20, 2013, 07:20:35 PM
What a dam cheek!!!  How dare you :hammer: I've got a ford focus titanium model with all the goodies on :smiley: in fact what extras it hasn't got is not even worth having :no:
Yes Dave, but you could put glitter and sequins on a turd,       :shit:      but it's still a turd   :mfr_lol: :mfr_lol:   :whistling: :popcorn:
What would you rather be   or a wasp?

2kwacks

#116
Quote from: 100milesaway on November 20, 2013, 07:31:30 PM
Yes Dave, but you could put glitter and sequins on a turd,       :shit:      but it's still a turd   :mfr_lol: :mfr_lol:   :whistling: :popcorn:
:no: I'm not having that :nono: As you know I don't buy  :shit: only read it :whistling: :mfr_lol:

Geoff.. I know your a keen biker and will carry on till the end :yes: and I applaud you for your commitment :clap: but seen this clip and thought of you in a year or two :mfr_lol: P.s love the way you put your helmet on :mfr_lol: :mfr_lol: :mfr_lol: :mfr_lol:
http://www.youtube.com/watch?v=amO2Q5QLeV8
getting on now...  but not as old as Rog or Geoff

Winston Smith

Roger - Spot on!  3 series Touring.  In anticipation of a four legged friend...

Steve - Sod Off!  The CC was brilliant and had it not been for the canine factor I would have kept it for a long time.

Zed - No.  Car Shop at Doncaster
Four is fun.  Six is sex.

I Dream of a World where Chickens can Cross the Road without having their Motives Questioned

Kwikasfuki

Quote from: 2kwacks on November 20, 2013, 07:40:12 PM
but seen this clip and thought of you in a year or two :mfr_lol: P.s love the way you put your helmet on :mfr_lol: :mfr_lol: :mfr_lol: :mfr_lol:




The helmet part is  :mfr_lol:

So out of Dave, Geoff and Roger, who is Compo, Clegg and Foggy? :popcorn:
Find the forum useful? Please think about donating<br /><br />Kawasaki 1400GTR 2009 - 2012<br />Honda XLV1000 Varadero  2007 - 2009<br />Suzuki DL650 V-Strom 2005 - 2008<br />Kawasaki GPZ 500s 2004 - 2005<br />Yamaha SR125 2003 - 2004

2kwacks

#119
Quote from: Kwikasfuki on November 20, 2013, 08:36:58 PM
The helmet part is  :mfr_lol:

So out of Dave, Geoff and Roger, who is Compo, Clegg and Foggy? :popcorn:
Asif... you do realize don't you! that the "dithering doderers" :grin: have got decade and a half on me :hammer: I'm still in my prime :yes: that's why I ride a ZZR 1441 and get all hyped up :smiley: then ride a versys 1000 to wind down :mfr_lol:
getting on now...  but not as old as Rog or Geoff