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Deposit on Bike

Discussion in 'General Motorcycling Discussion' at netrider.net.au started by Hicksey11, Mar 12, 2012.

  1. Hey Netriders.

    I am very close to purchasing a bike in the next couple of weeks and was just wondering what you guys thought about deposits?

    Well what I really want to know is How Much do dealers usually look for to secure a bike?



    I worked in the car game for 2 years and we accepted anything from $500 up, but I had heard that it's like $1500 minimum on a bike. True or False?


    Thanks in advance


    Xavier
     
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  2. $500 was sufficient for mine.
     
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  3. I was able to secure mine with a $200 deposit :D
    Depends how bad they want your business
     
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  4. Thanks Guys.

    And thanks to the stupid Victorian Labor day. (Good if you live in VIC), I no have to wait until tmrw to actually put this depositing business into action.

    Anyways.


    Thanks a bunch


    Xave
     
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  5. I put 100 on mine
     
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  6. There is no specified amount it is just depends on the dealer.
     
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  7. +1

    There is no LEGAL minimum, but some money has to change hands to commence a legal contract.
     
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  8. I put $1k on mine before but i offered that because i offered it on credit card and the later that i pay the better. They didnt ask for the merchant fees.
     
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  9. I think I put $100 down on mine... I was paying the rest the same day though. :p But I remember asking what the minimum I could pay was and they said $100. I had heard something about $500 before through the same dealer so that was probably more the case, at least with them; "If you're not paying it all now, you're paying a bigger up-front deposit".
     
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  10. I put $500 on mine, but I probably could have given them nothing really.
    I do know the dealer pretty well though
     
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  11. Recently I went into a Harley dealership and left a huge deposit on a Fatboy. Geeeeeez they were upset with me and they wanted me to pay for the clean up.

    Seriously though, a cash deposit is just a "show of faith" to prove that you're serious about purchasing the item. What they are really interested in is your signature on the contract.
     
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  12. Most times it's the Harley that leaves the deposit :)


    2011-10-15%252009.08.04.

    taken at last year's GP run...


    .
     
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