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Markup on brand new bikes, suggestions?

2K views 19 replies 13 participants last post by  bradnailer 
#1 ·
Hi All,

I am looking at buying a bike brand new, probably a gsxr 750.

Can anyone tell me how much markup there is on bikes?

Is there much room for play when you go haggle at the dealership?

Any suggestions would be appreciated.

thanks

Geoff.
 
#3 ·
do a search for this info. it is well debated and documented here.
aw jeez Doug, "the voice of reason."
Another response:
"bikes are wholesaled at 50% of MSRP, just like the retail price of a good pair of shoes. You should be able to negotiate, 'cause dealers only need $20 per bike to make a good profit...after all, they get kick backs from insurers, police, and let's face it, the real money is in maintenance and tires. They pay their technicians $8 an hour and charge $75+. Tires are only $10 each, and they charges a ton....whassup with that?:laughing
 
#6 ·
From my experience you seldom get discounts ( 4 - 5% is good ) during prime riding season...all bikes are per-ordered based on what they think they can sell during the riding season.. whats left over after the season ends is what is discounted by up to 10% or more...... my wifes brand new GS500 was marked down from 6400 to 5900...I dealt him down to 4990 plus 50% off a Icon Jacket and Helmet....
 
#7 ·
I wouldn't buy new, not unless you could get a smokin' good deal. You're going to get nailed on depreciation the minute you ride it off the lot. When I was hunting for a bike a few months back, I went and saw Rick @ International Motorsports. The bikes they bring in are typically 04+, with less than 5,000 kms on them. Let someone else take the hit on the depreciation. Besides, when you get the bike, its all broken in and ready for an a$$ kickin'.
 
#8 ·
Here's cost on a few models after rebates :

2006 CBR 600RR $5254
2006 CBR 1000 RR $6808

2006 GSXR 600 $ 5078
2006 GSXR 750 $5860
2006 GSXR 1000 $ 6493

2006 R6 $5357
2006 R1 $ 5875

2006 GMC 1ton dually diesel $18900
2006 Avalanche $ 12780
2006 Escalade $13678
 
#10 ·
5thgear said:
Here's cost on a few models after rebates :

2006 CBR 600RR $5254
2006 CBR 1000 RR $6808

2006 GSXR 600 $ 5078
2006 GSXR 750 $5860
2006 GSXR 1000 $ 6493

2006 R6 $5357
2006 R1 $ 5875

2006 GMC 1ton dually diesel $18900
2006 Avalanche $ 12780
2006 Escalade $13678
You're not serious are you?

Adam
 
#14 ·
5thgear said:
Here's cost on a few models after rebates :

2006 CBR 600RR $5254
2006 CBR 1000 RR $6808

2006 GSXR 600 $ 5078
2006 GSXR 750 $5860
2006 GSXR 1000 $ 6493

2006 R6 $5357
2006 R1 $ 5875

2006 GMC 1ton dually diesel $18900
2006 Avalanche $ 12780
2006 Escalade $13678
Can you order me,

(2) 06' 600RR please
(1) 06' 1000RR
(3) 06' R6
(5) 06' R1
(2) 06' 600 GSXR
(2) 06' 750 GSXR
 
#17 ·
Yes that is the cost, but for everyone who doesn't own a dealership or qualifies for rebates from manufacturors on 1 yr old models. Your price is :


RETAIL , RETAIL , RETAIL.

It's nobodies business how big your paycheck is or what something costs. Unless your spending $8000 month in wages another $10000 in overhead to qualify to get something at COST. Then none of you have the right to know what cost is because your price is what some fuck needs to get to survive.

COST on Starbucks coffee 0.12 . Does this mean I as a consumer should decide to pay only 0.13 because there still making a profit ? In the words of Dave Chapelle " FUCK NO !!!! " .
 
#18 ·
Well Duck, I've had my little laugh, and now I'll share with you what I've learned from doing business with various auto dealers...and one motorcycle shop.
18%
About 18% is the mark up, or "spread," a dealer has from his cost to the retail price, however, the dealer may have additional "sales volume," bonuses which can provide a little more profit. In other words, there is no set "mark up," that a consumer can reliably consider when dealing with an auto or motorcycle dealer.
Some dealers have manufactuer's "floor plans." In other words, the dealer doesn't pay for the car/bike until it's been on the floor for a while, and thus, doesn't "own it," in the sense they haven't been billed for it yet. Some dealers buy their stock out right.
Dealers need to make a profit. As so ably put in another post, the dealer principle is paying boucoup dollars for fixed and non fixed costs, and these have to be respected. A dealer isn't going to spend his own money for the enjoyment and benefit of his customers until all his money is gone, and then borrows more to give it away. You made a decent living at your job? Respect your dealer, that he wants a return on his investment. You don't work for free, neither should the sales person, parts person, technician, janitor or office worker.
You've decided what you want to buy, pick 3 dealers of that brand, and go talk to *them* and ask yourself, "which one of these three do I see myself in a mutually beneficial relationship with?"
It's the little things. My local Honda guy (auto) and I have known each other, in a business relationship for over 20 years. I know for a certainty, I can dealer shop and grind away at some poor dealer principal and perhaps save a few hundred dollars. We've long been at the point where I know he's got enough money on the table for a profit, and yet he's giving me a discount. Why? I've bought from him several times over the years. When my wife had a flat tire at work, and I was 50 miles away, he sent two of his techs out to her place of employ, and changed over the spare, drove it away and returned it an hour later, with the tire repaired, and car washed.
No charge.
I asked him why no charge...."Simple. With some customers I can offer that kind of service at no charge.I can afford it.Some customers grind me to the last penny....I can't offer them the same service."
Squeezing every last penny out of dealer profit is not good for either party.
For me (and only for me, you actual experience may vary), as an agent to dealers, we had a relationship. They bought from me, I bought from them.
Some dealers may have the opportunity to pass along "incentives," from the manufacturer, to discount unpopular colours and models. You can take advantage of these by building a relationship with a dealer. Over the "long haul," of vehicle ownership, that relationship pays big dividends.
 
#20 ·
5thgear said:
Here's cost on a few models after rebates :

2006 CBR 600RR $5254
2006 CBR 1000 RR $6808

2006 GSXR 600 $ 5078
2006 GSXR 750 $5860
2006 GSXR 1000 $ 6493

2006 R6 $5357
2006 R1 $ 5875

2006 GMC 1ton dually diesel $18900
2006 Avalanche $ 12780
2006 Escalade $13678


Those sound a little steep actually. Bill's prolly about 10% high on those too...C'mon Bill the 06 GSXR 750 should only be ~5500
 
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