Rejecting a Bike

[Gonzo]

Eh? Why is it tightfisted to buy a bike outright and avoid paying financing costs? If you can afford to buy a bike outright it's the logical thing to do when financing costs are 5-8% and money in the bank is only getting 1-2%. To take out finance when you don't need to is idiotic.


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Of the two, finance is the tight fisted method. You never actually have to fork out what is eventually the 2 year residual value. You're only taking a risk on the depreciation. How else do you think the chavs get their new Corsa / Clio every 2 years? Financing costs tend to be low, driven by a combination of the current base rate and the manufacturer's desire to shift metal. You can get a personal loan for close to 3% right now but why would you when a PCP finances a fraction of the purchase price at a similar rate?

And money in the bank isn't, generally speaking, getting anywhere near 1% - 2% right now.

BM's market share in the expensive bike market (just like the growth in the 4x4 market) has been driven not by actual quality but by perceived quality helped nicely by low interest rates, bling imagery and the growth in the desire to demonstrate our upward social mobility to others. We can see the latter point clearly through the number of panniered up GSs and huge 4x4s at Tesco. We can't drive our nice houses around town to show others so we drive/ride expensive vehicles instead and bask in the admiration of the great unwashed.

 

[eddles]

Sorry but whether you own the bike outright or on finance should have no bearing on your consumer rights. Go for it Sven I bloody well would after all it's your bloody money that's paid/is paying for it. As for BMWs being poorly built compared to other manufacturers, is it not possible that as a product becomes more and more popular incidences of customer dissatisfaction also increase (due to varying factors), it's a fact of life I see it in my line of work all the time and something that the supplier will have to factor into their business.


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[zoltan]

rejected mine after 18ths and 12k miles, but im sure it was funded by the dealer to keep me quiet..it worked the new replacement even had keyless and gsap

BMW UK heavily discounted the bike not the dealer I am on my third LC

 

[Nutty]

Having read what I've read about these modern BM's I can't for the life of me understand why anyone would part with such a sum of money to own one.

No offence and I'm not having a pop at the WC riders , but feck the issues seem many and common place.

And there's the problem. You're reading, rather than experiencing.

 

[Nikonnigel]

And there's the problem. You're reading, rather than experiencing.

+1
I too have had a new engine swing arm and bevel drive. I look at the positives the bike is two years old, I will get the extended warranty just in case, but it rides like a new bike!!! I have covered the new parts with anti corrosion wax so hopefully that will help.
THE WHOLE issue with corrosion has nothing to do with FIT FOR PURPOSE its all about the residuals, this is something that we seem to worry about in this country. Even if there were no paint on the engine casings the bike would ride the same as it does with paint on.
I agree that the shock problems are worrying but I will cross that bridge when I get to it. just my 2p

 

[sven]

It's not just "fit for purpose", the goods also have to be of "satisfactory quality". By changing the engines on bikes with corrosion, BMW are acknowledging that the paint finish is not of satisfactory quality.

In reality, all I want is the shock absorber replacing FOC as I reported it several times whilst the bike was still in the warranty period. As the fault was intermittent at the time, it didn't show up on the diagnostics, so as with most things electrical it's cheaper (normally) to wait for it to fail completely. Unfortunately in this case it didn't fail until the bike was five months out of warranty.

I love the bike, so I either have to live with the crap paint or buy a bike I don't want

 

[mrtee43]

It's not just "fit for purpose", the goods also have to be of "satisfactory quality". By changing the engines on bikes with corrosion, BMW are acknowledging that the paint finish is not of satisfactory quality.

In reality, all I want is the shock absorber replacing FOC as I reported it several times whilst the bike was still in the warranty period. As the fault was intermittent at the time, it didn't show up on the diagnostics, so as with most things electrical it's cheaper (normally) to wait for it to fail completely. Unfortunately in this case it didn't fail until the bike was five months out of warranty.

I love the bike, so I either have to live with the crap paint or buy a bike I don't want

Have you been told that you have to pay the full price for a new rear shock ?

 

[Deleted account 181015003]

+1
I too have had a new engine swing arm and bevel drive. I look at the positives the bike is two years old, I will get the extended warranty just in case, but it rides like a new bike!!! I have covered the new parts with anti corrosion wax so hopefully that will help.
THE WHOLE issue with corrosion has nothing to do with FIT FOR PURPOSE its all about the residuals, this is something that we seem to worry about in this country. Even if there were no paint on the engine casings the bike would ride the same as it does with paint on.
I agree that the shock problems are worrying but I will cross that bridge when I get to it. just my 2p

It should ride like a new bike half of its been replaced

There does seem to be a fair few issues with the model to the point many would not want to own one thats out of warranty this will have the biggest effect on residuals in a few years Have BMW pulled a blinder and have built a bike that rides great do people want one but built it so poorly but nobody would risk a owning one out of warranty or mare than a PCP deal old ?

 

[Deleted account 181015003]

BMW UK heavily discounted the bike not the dealer I am on my third LC

Did you reject the other two ?

 

[malcopopolo]

the bmw lc r1200gs does not have any real issues, less than a 100 engine replacements due to corrosion so we are led to believe.

My bike is in for warranty repair again, leaking coolant. 15500 miles. already had 9 warranty repairs during the last 3 years, some quite expensive.

These bike are expensive. I foolishly expect a premium product. So what does this meant to me as a consumer? I will NEVER purchase another BMW until I am satisfied the model I am interested in is reliable. Now, some people will say other manufacturers are just as bad. Maybe so, but my next bike will have to come with 5 years warranty otherwise I will not purchase new again

 

[zoltan]

Did you reject the other two ?

Yes...

 

[zoltan]

t5 years warranty otherwise I will not purchase new again

Like a Toyota

 

[Rushy]

I like to buy my bikes 2yrs old , usually way cheaper than new, Usually with a host of expensive options that the-previous owner fitted and couldn't be bothered to remove. Hopefully I can then run the bike for the next 3-4 yes with very little annual depreciation , no need to spend silly money on bling , slightly cheaper insurance and just annual servicing costs .

It's worked for me all these years even with several BMWs . Then I was fortunate enough to get a 12Gs through work as a company vehicle . A superb ride spoilt by corrosion issues, broken starter motors , seized alternators, failed heated grips Etc.. In its defence it didn't have an easy life and covered almost 3 times the average bikers annual mileage a year. I loved the bike and would like another but owning one is a scary proposition so now I own a Honda Crosstourer . Even My Moto Guzzi is 7 yrs old, only 20000 miles but looks and rides like new and apart from the final drive bearing going kaput at 10000 miles (£150 garage bill) it's been faultless.

A somebody posted above owning by PCP could get more expensive in future if these apparent issues with the GS start to seriously impact used values. I for one am reluctant to take the risk on buying a used one and so is my best biking buddy who has had several used GSs but no more (ABS replaced at 17k at a cost of £1300 put him off).

Shame really.

 

[Deleted account 251212001]

Have you been told that you have to pay the full price for a new rear shock ?

I was thinking the same, how has the shock fault been diagnosed and what have they said presumably at Jefferies?

I didn't suffer any corrosion in 18 months and 11k miles but did have to have a new clutch pack fitted.

definately don't make em like they used to.

 

[sven]

I've had some good news as BMW have agreed to replace the shock absorber FOC


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[GS TRV]

I rejected an LC also - that was just after the test ride

 

[Nice 'n' Fat]

I've had some good news as BMW have agreed to replace the shock absorber FOC

Ask them if you can make a small contribution towards the repair so the warranty then remains with you

 

[malcopopolo]

Ask them if you can make a small contribution towards the repair so the warranty then remains with you

does that also apply if you pay the excess on BMW extended warranty?

 

[mrtee43]

I rejected an LC also - that was just after the test ride

Why was that and what do you ride at the moment that is all conquering ?

 

[Nice 'n' Fat]

does that also apply if you pay the excess on BMW extended warranty?

No, because you had the choice to purchase a zero excess policy