20 comments. When purchasing a new vehicle, either a minivan or a motorcycle, it is always important to negotiate the price with the dealership. Since dealers cannot send the bikes back, they’ll often sell way below cost just to stop the financial hemorrhaging. If a salesman is getting pushy with a deal that has to be done now, you’re in a bit of a jam. Remember that these are not cars. But, slow-selling models (those usually on sale) sometimes have a bit of negotiation room. You also need to know that a dealer will generally be required to accept not-so-desirable models in order to receive the popular ones. If you do decide to go ahead without the advice of an expert then consider taking someone with you. *Please note: Calls to these numbers cost 7p per minute, plus your phone company's access charge. A vehicle inspection can prove to be a sound investment, pointing out problems that could lead you to change your mind or at least knock some money off the asking price. Preferably I am looking at a Kawasaki Vulcan 500 LTD (2007-2005ish). Being too greedy (cheap) just makes you a pain in the ass. I am planning to purchase a new motorcycle from a dealership near my college after taking the MSF course. This thread is archived. Photo by Lemmy. (Come armed with your own financing, and allow the dealer the chance to beat it!) Though I have purchased new motorcycles, this is my go-to option. They’re not going to let that profit vanish silently into the night. Negotiating for just a few minutes and knowing the facts about the motorcycle can end up saving you a few thousand dollars in the end. You might not take home the color bike you wanted, and it might have an inch of dust on it when you see it in the dark corner of the showroom, but you can get a very good deal on a new bike. We have put together a few pointers to make sure that when buying second hand, you look out for yourself, and your wallet! Everyone has their own ideas and the whole situation is infused with lots of emotion — much of it ugly. Similarly, don’t negotiate your monthly payment. Unless the owner is selling the bike to pay off their loan, and still owes a bunch, there is often lots of wiggle room on the purchase price. So, I wonder if people usually negotiate the prices on these when they buy new. save hide report. If a salesman offers you a great price, why would you leave? We have updated our Privacy Policy. Those way-under-retail deals you hear about do happen. Check out thousands of new and used motorcycles for sale on MCN. Prepare Well . Don't forget to take the New Keeper section of the V5 log book with you and write your details and the mileage of the bike in the main section of the V5. With that said, some salespeople use that line on everybody to force rapid decision-making. Sure, you want to be a good customer, but don’t forget that many salesman will take as much as they can from a willing victim. Maybe they have a bike trailer and they’d be willing to pick your bike up for service. Your dealer probably ain't driving a Rolls-Royce or riding a Brough Superior, so it's not likely he's getting rich off you. If you’re not getting the bike you want for the price you want, you’re obviously going to have to leave at some point, but you should know that salesmen are accustomed to watching people walk out the door. I am thinking of getting one and my girlfriend may buy a scooter as well. First, the dealer almost always does not own the new bike. Now do I negotiate the price or ask them to throw in a helmet and gloves? I decided to go with a new bike, since I have the dealership guarantee and not really have to worry about wear and hidden dammage. Search on-line consumer websites like Yelp or Google for consumer ratings and ask questions. New motorbike news page 1. Aside from picking the right brand, model and spec, you will also need to decide whether to invest in a brand new or second hand bike. There can be many bargains to be found on eBay, providing you tread carefully. Always ask any questions or request more pictures before bidding; a seller who refuses or ignores you is sending out a clear warning sign. Here’s a tip on how to deal with that: offer a refundable deposit. If you are buying a new bike, follow these tips: Find a dealer with a good reputation. I'm new to all this so any help would be great. Beyond checking with your broker or seller that all the paperwork for the boat is in order you’ll want to examine the physical state of the boat itself. RevZilla offers shipping to Italy for a flat rate of $30 US dollars on your entire order! It's advisable to write down a list of questions to ask the seller before contacting them. Not often, but it does occasionally occur. The good news is that motorcycle dealerships are not nearly as stressful to deal with as their automobile counterparts. One parting thought: If you can’t spot the sucker... Tell us what you love or what we need to fix. You’ll land the best price when negotiating with a motorcycle dealer when you do your homework. MOTORCYCLE BUYING TIPS: Top 5 points of negotiation. Just talk about the out-the-door price (“OTD”) What do you care if they stick you on the MSRP, but then knock off a doc fee? Act accordingly. Knowing that will make you look a bit more intelligent when you are dickering over the price. That’s not to say that there is no room for negotiation. That should be listed on the bill of sale somewhere.) Learn as much about the supplier and its products as possible. For instance, a 2017 Yamaha TT-R230 dirt bike carries an MSRP of $4,199. Service contract? Thanks! A “good deal” is never measured in just dollars and cents. Please, Recall information for specific motorcycles is now easier to check online, How to avoid title problems when buying a used motorcycle, Don't get burned: Tips for buying a used motorcycle, How to buy a new motorcycle from a dealer, Five insanely cheap bikes you can buy new right now. If you walk into a bike dealership armed with basic knowledge about the rebates the manufacturer is offering, how much an extended warranty costs, types of financing the dealer offers and how much the dealer charges for freight and other incidentals, you’re in a much stronger position to deal. Make sure you find out as much detail as possible so that you can build up an accurate picture and avoid a potentially wasted trip. Europa Group Limited's Financial Services Register number is 309794. Nobody wants to spend hard-earned cash on a powerboat or motor cruiser that isn’t safe and in excellent condition. Stretching your loan terms out a bit longer can make payments smaller — and also hide another couple bucks of profit for your dealer. Always ask to see the V5C registration certificate (log book) and check that the 'DVL' watermark is printed on it by holding it up to the light. Atom. (Yes, sometimes they roll them into the price of the bike. There’s not a bunch of profit built in. Look for loyalty rewards. The dealer has the motorcycle on loan and the loan ends when they sell it to you. I want to pay as close to that as possible, but I don't know how. 1. 2 tips for negotiating when buying a new motorcycle - YouTube Walk into any dealer in America this year and try and buy that bike for three grand. They could tell you what condition the bike is in and if any problems are likely to arise. 100% Upvoted. Whether purchased from the owner or a dealer, a used bike has already depreciated in perceived value. Learn how to negotiate with vendors at a buying show or market to receive the best pricing and terms on products with these 10 negotiation tips. If this isn't an option for you then ask for a receipt and allow the cheque or bank transfer time to clear before you collect the bike. EDIT: "Quine" removed. Everyone has heard that one story of the rider who bought their bike for thousands and thousands under MSRP. When negotiating the purchase price for a used bike, have a set price in mind and stick with it. Buying a Motorcycle? Motorcycles aren't cheap so it's advisable to do some research online first to check you will be paying the right price for the bike. … Free tank of gas? See what our customers are saying about us: Earn $5 for every qualified $100 you spend. Lastly, as the proud, insured owner of a new motorcycle that was purchased in a fiscally responsible way, all that’s left is to get your new purchase home! The barrier to entry for purchasing a new bike can be a bit of a hurdle, especially with a recession going around. Negotiating Price New Motorcycle, Negotiating Price New Motorcycle Suppliers Directory - Find variety Negotiating Price New Motorcycle Suppliers, Manufacturers, Companies from around the World at bmw motorcycle prices ,electric motorcycle with price ,electric motorcycle prices, As one Zillan learned the hard way after buying a new bike in an Ohio January, only to have to ride it home afterwards, this is something that you certainly want to think through. You'll also hear about special offers and events! Tips on negotiating a used motorcycle at a dealer? If a customer stormed out on you in a huff, would you scramble to get him a discount? As a general rule, you should only be interested in sellers with a feedback rating of over 90%. Check all the electrics, inspect any rust, and ensure the tyres have a tread of at least 1.6mm, the legal minimum. If you’re not having fun, you’re probably broke, getting hosed, or you’re a turd, and you probably ought to rectify that. I am not looking to endanger local bike sellers, simply to stretch my dollar to its limits. All it does is make you look like you’re having a tantrum if you’re not being reasonable. Negotiating New Motorcycle Purchase Uk Football Tickets; Negotiating might feel comical—like pitting an amateur against a team of professionals. (Industry parlance is “on floor plan.”) The dealer estimates how long it will take to sell the bike and rolls that floor plan cost into the bike’s price. How to Buy a New Motorcycle. Do you negotiate new motorcycle price? A dealer that has to run understaffed, undereducated, and understocked to keep churning out those low, low new bike prices might not be the dealer you actually want to shop at. Margin on the less expensive new bikes is usually around four to seven percent. And, of course, you're always free to try and get a few accessories (helmets, gloves, maintenance) thrown in to seal the deal. If something doesn’t seem quite right, it’s perfectly acceptable to ask for things to be broken down more simply. RevZilla will match any advertised price on new merchandise available through another authorized U.S. dealer. RevZilla photo. Return any unused item within 90 days for a full refund. Like a new car purchase, the second you buy a new motorcycle and drive off into the sunset, it has already depreciated 15-30%, on average. (Unless you’re buying a leftover 2013 model!). Do you place any value on the dealer having an OEM part you need on the shelf so you can make your race on Sunday? Please note: Calls to this number cost 7p per minute, plus your phone company's access charge. I thought we had finalized the deal (last Thursday) and I was waiting in NY to have the paperwork delivered to me for my signature. 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