Best Way to buy a GS?

[tomgc61]

Seasons greeting to everyone. My first post on this forum.

I am in the market for a new GS and just wanted to draw on others experience of the process. I have a few older bikes including an R80ST but this is my first venture into new machinery for a long while.

The salesman is suggesting that the BMW finance deal where you put down a small deposit and then give the bike back after three years is the way to go and it makes some sense as you are keeping up with improvements but there are other options including maybe buying a nearly new used bike.

Any thought experiences would be interesting. It's a new Triple Black GS I'm looking at.

Tom

 

[Nice 'n' Fat]

Welcome to the mad house ... Have a read here:

http://www.ukgser.com/forums/showthread.php/414349-second-hand-values-on-the-lc

There are many ways to buy a bike. Personally, I don't do the PCP thing. I much prefer to go in to the dealership and barter over a price then pay cash as it makes me think I'm a big wheeler dealer

Triple Black GS is a great choice

 

[Sleepy]

"keeping up with improvements"..

Costs a lot of money for very few true improvements.

 

[wideparting]

you can borrow money at 3.6 percent or less,why give them 10 percent.

 

[tomgc61]

you can borrow money at 3.6 percent or less,why give them 10 percent.

Yes it had crossed my mind. Be interesting to see if they bring in a low apr in the new year.

 

[GS TRV]

If you have no trade in then profit from this by getting a cash price - its a rare chance so make the most of this negotiating position. Banks will be your best option for low rate loans.
Once you decide on spec of bike then nothing to stop you phoning around the dealers who may have that model and be keen to get it off their floor - Winter is the best time to buy a bike if not to ride it.

 

[AberdeenAngus]

Yes it had crossed my mind. Be interesting to see if they bring in a low apr in the new year.

Why would they?

Best time to strike a deal is last day of the month. Even better is last day of the quarter.

 

[tomgc61]

If you have no trade in then profit from this by getting a cash price - its a rare chance so make the most of this negotiating position. Banks will be your best option for low rate loans.
Once you decide on spec of bike then nothing to stop you phoning around the dealers who may have that model and be keen to get it off their floor - Winter is the best time to buy a bike if not to ride it.

I don't have a trade in but I'm certainly not getting anywhere on negotiation apart from the free Nav 5. I'm starting to think its crazy having read the thread that Nice n Fat flagged up to buy anything but a really nice two or three year old bike.

 

[tomgc61]

Why would they?

Best time to strike a deal is last day of the month. Even better is last day of the quarter.

I don't know but the dealer suggest there will be new offers in 2016 to sell bikes and the offer in October was 3.9% Apr

 

[MikeS]

Or buy privately for an even better deal.

The key to this to take your time and find the right previous owner who maintained it regardless of cost. They are out there and it's great when you finally find it.

For me this is far more satisfying than just buying one in a shop.

 

[AberdeenAngus]

I don't know but the dealer suggest there will be new offers in 2016 to sell bikes and the offer in October was 3.9% Apr

Fair enough. That's not a bad rate. Plenty of places doing loans around the 3.5% mark.
Best bet is to take the personal loan then negotiate the best private deal on a 2-3 yr old bike.

 

[tomgc61]

Fair enough. That's not a bad rate. Plenty of places doing loans around the 3.5% mark.
Best bet is to take the personal loan then negotiate the best private deal on a 2-3 yr old bike.

That is sound advice but according to the dealer, without the cornering abs and the flashing brake light I probably only have a couple of weeks to live!

 

[AberdeenAngus]

That is sound advice but according to the dealer, without the cornering abs and the flashing brake light I probably only have a couple of weeks to live!

 

[JohnnyBoxer]

That is sound advice but according to the dealer, without the cornering abs and the flashing brake light I probably only have a couple of weeks to live!

FFS...............what a sales patter

 

[GS TRV]

I don't have a trade in but I'm certainly not getting anywhere on negotiation apart from the free Nav 5. I'm starting to think its crazy having read the thread that Nice n Fat flagged up to buy anything but a really nice two or three year old bike.

You first of all need to establish what you want. You will be treated like a tyre kicker if you act like one. Once you know that you need to establish in your own mind how much you want to pay. Take the initiative and give the salesguy something to aim for. If he doesnt then move on til you get the deal you want.

 

[Engineer]

I like to buy a bike and own it outright from day one - PCPs are no good for me because there are serious mileage restrictions that I would exceed by a about a factor of at least three!

 

[roamer]

The dealers are apparently bursting at the seams with the GS, thats what they told me,
So i would be straight with them about the price and wait it out,,There are dealers that will discount,,

 

[Nutty]

FFS...............what a sales patter

Whoosh

 

[JohnnyBoxer]

Whoosh

Oh, the irony.............. young fella

 

[adventuredon]

Mileage is negotiated at time of PCP deal. I increased mine, it just changes the cost of the PCP. Same difference as getting external finance.

I like to buy a bike and own it outright from day one - PCPs are no good for me because there are serious mileage restrictions that I would exceed by a about a factor of at least three!

My 2 pennies worth would be that bikes depreciate significantly in the first 2/3 years so be prepared for that hit if you do end up wanting to change bikes regularly. Having owned my 2010 GS from new and now having done some miles on it and been on this forum regularly, and started servicing and doing my own basic repairs, I would be quite confident to buy a bike outside of the dealer network (privately) as the private help and servicing available is very accessible and the bikes are a very much known quantity.