Welcome to Netrider ... Connecting Riders!

Interested in talking motorbikes with a terrific community of riders?
Signup (it's quick and free) to join the discussions and access the full suite of tools and information that Netrider has to offer.

Do You Pay RRP

Discussion in 'General Motorcycling Discussion' started by syen, Mar 16, 2010.

  1. Thinking of getting a bike after a protracted absence.

    What I was wondering - are new bike prices negotiable? Cars for example, you can expect to get maybe 5-10% of RRP. Does this apply to bikes.

    If discounts are possible, whats a good starting point

    I'm in the west, and I expect that many makes would be available from 1-2 dealers only, so I expect bargaining power is low

  2. Hello, welcome to the forums
    Please make yourself acquainted to all in the welcome forums first as then more people may be inclined to answer your question.
  3. What stops you from sourcing a bike from an interstate dealer?
  4. how many people actually read the welcome forum?
  5. Hi syen and welcome to the NR forum!

    No harm in trying to get a bit of a discount, if they are not willing to give a discount on the bike ask them if they are willing to throw in other items with the purchase of a bike.

    "Good luck"
  6. haggle haggle haggle, and not just on the price of the bike if you are getting them to finance it as well make sure you get a decent interest rate out of them and they will try to burn you on the insurance as well.

    You should also be getting gear out of them if they aren't real competitive on the price of the bike.
  7. More than you realise actually
  8. I never pay retail for big ticket items EVER!!!
    You want a nice chunk off the price and or stuff chucked in ( but only stuff u really need, dont go accepting crap they want to offload as your " discount" ) if they wont come to the party go elsewhere!
  9. This is why so many bike shop are closing down at the moment. The bike industry is a tough game and it's hard to make money. I've never understood the attitude of going in the dealership and wanting the price dropped or free stuff. Even on a $20,000 bike you'd be lucky if there was $2500 to $3000 profit. To then have someone want $500 to $1000 knocked off doesnt leave the dealer with a lot of money to pay the staff and run the shop. This is whats killing the smaller dealers.
  10. E2W you make a fair point but at the end of the day we want to ride and want to ride at the best price possible we can haggle a bike/gear down to. If you manage to haggle off the price of a bike that gives you more funds to buy gear etc.

    You'd be surprised how much haggling happens in overseas countries and slowly but steadily it is also happening in Australia too.
  11. If people were forced to pay full retail then many would not buy them, prices would eventually come down anyway.
    Full retail is recommended only not the true price, at the end of the day it's what people decide to pay/buy that dictates the market price, not what the manufacturer will decide.
    If a dealer cannot compete then they go out of business or diversify.
    Market forces at play in a free market society.
  12. Agree with what you're saying. But what shits me is when people don't buy local, the shop closes, then people whinge about there not being a dealer for a particular brand in town anymore.
  13. Braided brake lines is a good example. Guys buy from the US or UK just to save around $30 to $40. Stuff like this really hurts a shop.
  14. And ultimately you end up with a situation we currently have in Wagga, where there is only 1 bike dealer and 2 motorcycle tyre specialists (one only opened in the last 2 weeks.

    There is a new bike shop opening in the next week or so on the old "The Stable" site.

    In 2004 Wagga had 4 bike shops, a bike wreckers and a tyre specialist. At the end of December 2009 we had 1 bike shop and the tyre shop.

    Although, sometimes the shops don't do themselves any favours. I don't mind paying a bit more, if I'm getting good service. But, when you pay full price plus and customer service is non existant, sorry I'll go elsewhere.
  15. I like to buy local but if another store has the same item listed at a cheaper price I think its fair to ask for the discount.

    When purchasing a bike/car new I prefer to get things like the first service thrown in - making sure that it includes oils etc. (IE you walk out without being given any invoice) and some odds and ends I may need. They tend to be happy to include services rather knocking heaps off.

    In my experience Bikes tend to be 1st service only and VW gave me 3 years free scheduled services but paid close to sticker price.
  16. I always do my home work, shop around and get my bottom line quotes, i then go to my local, give them the opportunity to match it or come close enough to earn my local support, if they are unwilling to budge or want to call my bluff, too bad so sad...
  17. Id suggest shopping around for insurance before you buy your bike. The insurance the dealer offers is usually fairly overpriced compared to others...
    I got offered $2500 with swann at the dealership for full comp, and then looked on the net to find aami charging only $600
  18. Most definitely negotiate !! And don't be ashamed to do so.

    For new bikes I assume that the dealers are making around 10-20% profit margin. Also, if your getting accessories, they should be able to discount 10%

    The key is to be well prepared:
    * Know what your bikes RRP is
    * Phone around a bit to get a price range. Most dealers will go below the RRP. Though remember that you will get a better price when your in the shop
    * If your willing to accept extras being thrown in, know what these are worth also (such as insurance, helmets, accesories etc)

    When I bought my first vehicle I let myself get pressured and paid way too much for the wrong vehicle. Sure I was only 17 at the time but I learnt a valuable lesson. Don't trust dealers and don't let them pull any tricks on you.

    My last two motorcycle purchases have taken about 5 minutes each ! No kidding. I went in well prepared, asked for the manager and said to him/her "I have the funds, I know exactly what I want and I'm ready to buy today. What is the best price you can do". If they want to bugger around and talk sh!t then I just leave.

    If you have limited dealerships around then you are at a disadvantage. Have you considered picking up from a nearby main town ? I've never tried buying over the phone but I suppose the same principles apply.
  19. When my wife worked in the bike trade (HD) they were lucky to make $2000 (7%) on a $26500 bike. That's on the BIKE. Take out wages, electricity etc and there's not a lot of money to be made on selling new bikes, or cars for that matter. All the profit is in the accessories and servicing, so while you may get a 'good deal' on the bike, you're probably going to pay close to full tote price on everything else.

    The best time to buy any vehicle is at the end of the month. But, you still have to do some research. Visit the shop/dealer regularly, if you don't notice the floor stock 'moving' then they are more likely to get a good deal. If the floor stock is 'moving' either wait, or be prepared to haggle harder or go elsewhere.