They have always been good with me and are getting a good name again
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Dealer Margin
- Thread starter ChazzyB
- Start date
They have always been good with me and are getting a good name again
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mattgslc
Registered user
I agree
they have virtually all new staff and the new GM who is there is an absolute Gent
been there a year now and he is turning Marshalls into a great place to buy from
they also have a new salesman there now so its all getting better, just need to get there expansion done and then it will be even better .
yes you read that correctly . you effectively lose money on every small-block that you sell .
mattgslc
Registered user
that's not a good business decision at all
Glad to hear Marshalls are on the ball again..
Recently had a quote from a couple of dealers for a new GSA & they were very competitive.
Decided I like my 2014 GS LC too much tho..
Recently had a quote from a couple of dealers for a new GSA & they were very competitive.
Decided I like my 2014 GS LC too much tho..
Yes your payment went down. This is because you're only paying rent for it, not buying it.
That's crazy - why bother?
when will people stop posting bollocks about PCP.
YOU ARE BUYING THE BIKE YOU ARE NOT RENTING THE BIKE. All you are doing with a PCP is leaving a portion of the cost until the end and paying a lump sum which you would, in standard HP, normally have spread over the monthly payments.
So why is there a mileage restriction on PCP then? Because they want to maintain the value of the bike. When you buy on HP its yours to do with what you want. Sounds like renting to me, or hiring.
I don't know what the legal situation is, but usually if you hire a vehicle, you don't have the V5C. Same's true for contract hire of cars. If I go abroad in my company car, I have to get a certificate from the finance company to say I'm allowed to take it abroad. With PCP you have the V5C in your name. OTOH, you don't have full legal title until you have made the final, balloon payment. PCP is HP, but with lower intermediate payments. If you decide to hand the bike back and not make the final payment, the mileage thing is an adjuster, as the projected final value of the bike has been calculated on the contracted mileage. If you exceed the mileage, the bike's worth less if you hand it back. With straight HP, you have no option to hand the bike back at the end - why would you want to; it's paid for and yours. I paid down my bike early when I came into some cash (saved a chunk of interest) and got a letter from BMW in return saying "we have no further interest" in it.
Is that not the deal where the radio ads list all the restrictions very quickly at the end and include "you do not own the vehicle" ?
I don't listen too closely to the begining of the ads, but don't hear the term "PCP" mentioned - so could be wrong, but if correct and they labour the point that you don't own the vehicle..................
Then what are you doing for 3yrs?
Al
PCP is a mechanism for dealers/importers to fool punters into taking on credit then having a double whammy at the end of the deal. You have to find big bucks if you want to finally own the bike and you are paying interest on all the money owed, not just on the regular payments.
It would be an interesting exercise to compare overall cost between HP and PCP.
It would be an interesting exercise to compare overall cost between HP and PCP.
If you don't care about OWNING the bike (car) and want lower monthly payments, then it works. Use of a nice new(ish) car or bike for a modest monthly outlay is clearly appealing to many people. Or it wouldn't be so popular.
Yet more bollocks.
Why do you assume there is a big con trick going on with the dealers / importers? PCP is a mechanism for someone to acquire a motorbike or car nothing more nothing less. If it suits you to buy like this then go ahead. Don't listen to the sanctimonious naysayers who think that they are somewhat superior for being able to, or allegedly being able to, pay cash for a new car or bike.
Why wouldn't you be paying interest on ALL the money as you have borrowed it all.
You do not own any item purchased on HP until the last payment is made BUT you are buying it. PCP is a form of HP you are BUYING it.
Leasing and Contract Hire is RENTING so you pay VAT on the monthly rental as you go along.
5 years monthly straight HP or 4 years monthly HP, with a 25% balloon at the end usually works out at a very similar total interest cost - at the same interest rate pro rata
PCP is simply a way of manufacturers selling loads more new vehicles by effectively deferring half the cost forever.
In a nutshell, to coin the old phrase 'on the never-never' has never been so apt
My my, touchy aren't we
Another one who was away on that day in maths then...
oh - and the CAPITAL letters just make it even funnier.
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