R1200RT - LC Simple Question

[Cortina]

... but may not be a simple answer ?

What sort of discount could one expect to get on a new one of these ... on a "cash" deal ? (I put cash in inverted ,s due to a previous twat who actually thought I wanted to buy a bike with a suitcase fulll of notes !!)
Fig in %age terms ? ........... I would have expected / guessed somewhere between 5 and 10% ... any "facts " about, based on actual experience ?

Ta

 

[bisbee]

Simple answer ....None!

 

[Wierpig]

... but may not be a simple answer ?

What sort of discount could one expect to get on a new one of these ... on a "cash" deal ? (I put cash in inverted ,s due to a previous twat who actually thought I wanted to buy a bike with a suitcase fulll of notes !!)
Fig in %age terms ? ........... I would have expected / guessed somewhere between 5 and 10% ... any "facts " about, based on actual experience ?

Ta

well what the fuck is a cash deal if it isn't a suitcase full of notes?

 

[Cortina]

well what the fuck is a cash deal if it isn't a suitcase full of notes?

You could have googled it yourself .... but ...............


What All-Cash Means

To be clear, an all-cash deal doesn't actually involve a suitcase of bills or an armored car. All-cash simply means that the transaction is conducted without the use of any debt or non-cash payment methods, such as offering stock. The cash in an all-cash deal can come from a check, a cashier's check or a wire transfer.

nicely phrased question ..................

 

[DevonianScotsman]

I'd say probably nothing to be honest.

Gone (or certainly going) are the days of banks charging dealers a ludicrous amount for taking card payments. It'd be more of a pain for them to have a bundle of notes, as it means a trip to the bank.

If you mean buying from a private seller: other than a bank transfer which costs nowt, there's not many other ways!

Hope that helped!

 

[RedRick Esq.]

There is a level of profit for the dealer built in to the price of all new vehicles be it a bike or car (obvious I know) so the level of discount you can get depends on the amount of profit that the dealer is prepared to cut from the starting price or in other words how greedy or not the dealer is !

There are times when dealers need to move stock and will be prepared to make less profit or sometimes even a small loss in order to do so. New and sought after models are less likely to be subject to this.

Manufacturers often have bonus schemes for the dealers attached to certain models at certain times ( if they have made more than they are selling for example) so the full up purchase price has a greater profit margin for the dealer so they can be either more generous or greedy.

Dealers get a commission on any finance which adds to their profit so often discount the bike down to make it back on the commission.

So to answer your question or give you an idea My starting point as a price I offer to buy is based around this :

If a dealer has a 15% mark up ( depending on model) you could start by asking for say 10% but you have to start at the bottom figure of the costings i.e before VAT tax etc
e.g bike is £10,000 plus VAT and OTR charges you subtract 10% from £10,000 then add on 20%for vat giving a figure of £10,909 and then add on the OTR charges to get a total figure. this leaves the dealer with a 5% profit margin plus any bonuses.



You have to let the dealer make a fair profit thats business so if you could find out what profit margin in % terms they have and then do the figures as i have suggested and make your offer at that and see what happens.

Alternatively you could do the old trick of screwing them into taking a loss on the actual bike but making a big profit on a high interest finance deal and then pay the finance company off before the first payment is due which will cost you the amount you financed plus a small admin fee resulting in you owning a bike priced below the loss point for the dealer. but IMO this is not a fair way of doing business.

 

[Nutty]

... but may not be a simple answer ?

What sort of discount could one expect to get on a new one of these ... on a "cash" deal ? (I put cash in inverted ,s due to a previous twat who actually thought I wanted to buy a bike with a suitcase fulll of notes !!)
Fig in %age terms ? ........... I would have expected / guessed somewhere between 5 and 10% ... any "facts " about, based on actual experience ?

Ta

5%-10% sounds about right. Go and see, or phone two or three dealers, and see which gives you the best offer. Some may not be able to discount as much as others, and some will chuck in some accessories and/or the first service for free instead.

 

[Cortina]

5%-10% sounds about right. Go and see, or phone two or three dealers, and see which gives you the best offer. Some may not be able to discount as much as others, and some will chuck in some accessories and/or the first service for free instead.

That would be good ... if we had more than one dealer here .... but we don't !
He said , if you buy straight (ie no trade in) "I can do something for you" ... I just don't know what the something is , and would prefer to have an idea before I "launch in" .............. (I suspect bmw dealers would prefer not to talk on the phone about such ... things !!)

 

[busy builder]

I was offered an R1200RT LE with Dynamic (no audio) from John Clarks near Aberdeen for £15500, I think not full price ? in the end I decided a 2014 model R1200RT LE with audio and other extras for £13300 was a much better deal as it only had 1500 miles on it. it's mint condition.

Okay I only got 12 months warranty but still a better deal for me.

 

[Boxed-in]

I seem to remember dealers were obliged to inform the police if anybody paid more than £5k in notes, because of all the money laundering. But that was few years ago....

 

[Cortina]

I was offered an R1200RT LE with Dynamic (no audio) from John Clarks near Aberdeen for £15500, I think not full price ? in the end I decided a 2014 model R1200RT LE with audio and other extras for £13300 was a much better deal as it only had 1500 miles on it. it's mint condition.

Okay I only got 12 months warranty but still a better deal for me.

Kind of like where I am at .... your £15500 sounds like near to full OTR price for a std LE (£10 more to be exact) ... I am looking at a 2014 SE with 6K miles , dealer wants £11500 ..... so for me it's a toss up between that and a new std with a few extras (cruise and seats) which retails at £13985. . or just drive my own bike on till 100,000 ++ miles !! (more sensible option !!) ... now if the retail came down a grand ??

 

[stever1]

Also, don't forget you can often get a better deal at the end of the trading quarter. IE towards the end of March, June, sept, Dec. as they may be looking for sales to top up the figures.

 

[frog-n-flymo]

Very true, picked one up for a 24 hour test today and was told by the sales manager there were some good deals on new bikes bought this month - didn't delve as still in the balance.

Great bike though, what are the views on the comfort seat, enjoyed most of the bike other than the saddle?

 

[R1kk3y]

Just bought one brand new: specced with engine bars and gearshift pro came in at 15k and got £500 discount...better than nowt. The got free satnav BMw deal. Some are offering free panniers - Douglas Park in Glasgow


Sent from my iPad using Tapatalk

 

[mattblack000]

They still inform the police on large cash purchases. Kept my father-in-law topped up with coffee and biscuits until CID arrived. It was his pension payout from the fire brigade and he'd always wanted to buy a new car for cash. Lol

 

[DC]

sound good points . I think we all go in armed to get the best poss deal on a bike . NEVER take the salesmans first price ! when you finally agree a trade in price or cash buy outright price , you can then use other "tools " for saving cash. ALWAYS say you want a service plan thrown in , esp the first service at 600 miles , this alone saves £150. Sat navs are marked up high on profit as are jackets gloves etc , so use them as negotiating for the final deal

 

[SMcGirr]

it may be marginal for you to buy on finance as the dealer gets a kick back on the finance too. Don't be swayed by it though and bear in mind that the dealer can find lower rates. e.g. I showed the dealer that i could get bank finance at 3.9% APR and eventually we got there as it was to their advantage that i took the BMW one so that allowed a bigger reduction on the bike. All in then the finance cost next to nothing as the reduction in cost almost cancelled out the interest fees. that said, this was on a GS.

 

[frog-n-flymo]

What can I say but whoops, bought an RT today. Andy in North Oxford was very helpful, because they had June targets I did get 5% off the bike and a good price on the trade in - this was contingent on taking a June delivery, so get weaving ��

 

[Pansmiker]

You could have googled it yourself .... but ...............


What All-Cash Means

To be clear, an all-cash deal doesn't actually involve a suitcase of bills or an armored car. All-cash simply means that the transaction is conducted without the use of any debt or non-cash payment methods, such as offering stock. The cash in an all-cash deal can come from a check, a cashier's check or a wire transfer.

nicely phrased question ..................

What's that?

 

[Cortina]

Still wanting "real life" info, if anyone has any .
Got my own first piece of hard data today ............ discount sitting at the (approx) 6.2% level ... reckon they can do more (of course they can !!) .... but will they ??
Jury out on what to do next ...................