Buying a 2009? READ THIS!!!!!!!
#11
i work at a dealership and if i was getting commission off sales of new units i'd be pretty pissed that somebody sold you that information
but i also don't think it's correct so whatever
but i also don't think it's correct so whatever
#12
why would you be mad someone has negotiable power? you are just emphasizing the point that dealers are scandalous by getting angry. i realize you are trying to make a buck, but dont get mad about someone else knowing what you do.
#13
^because the 1000 is unnecessary? especially for a new rider. sorry, i had to.
I am having a hard time reading this.
is that saying they pay 8,800 and mark it up to 10,000?
and this is news to you? what is news to me is that they have such a low margin. 1,200 means a 12% mark up, do you have any idea what most retailers (of any thing) mark there products up? and for good reason, they have to make money to stay in business.
I am not saying that dealerships are by any means honest institutions, they are out to make a buck for sure, but that is not a ridiculous mark up at all.
I am having a hard time reading this.
is that saying they pay 8,800 and mark it up to 10,000?
and this is news to you? what is news to me is that they have such a low margin. 1,200 means a 12% mark up, do you have any idea what most retailers (of any thing) mark there products up? and for good reason, they have to make money to stay in business.
I am not saying that dealerships are by any means honest institutions, they are out to make a buck for sure, but that is not a ridiculous mark up at all.
Think about how car dealers mark for everything...power windows, moon roof, undercoating, transportation tax....etc. etc. etc.
#14
What's up with some of the defensive attitudes? All the OP did was show you a Report of what the supposed wholesale price of the bike is so you may have better negotiating powers ... all the "how much profit he thinks the dealer should make" comments is just you reading things into it that don't exist. Reading is fundamental.
btw, thanks for the report, what is the source?
p.s. Keep in mind some states will sell for higher markup due to higher C.O.L.
btw, thanks for the report, what is the source?
p.s. Keep in mind some states will sell for higher markup due to higher C.O.L.
To the person who works at the dealership, your job is to screw people as bad as possible... I am sorry if this helps buyers see through the lie of "freight and setup fees" 2000 bucks? Pffff....
#15
Oh boy...it's getting thick in here...
One thing that's been focused on in a couple posts: salesmen and dealerships trying to "screw people" or that that is their job. That may be the stereotype but can NOT be applied 100% of the time. Some salesmen actually care about their clients. It might be rare, it might even be insincere care, but either way they DO exist!
No I do not work at a dealership or sell cars or bikes...
And, yes, THANK YOU for sharing your privileged info as long as it's legit : Bwayers "but i also don't think it's correct so whatever
One thing that's been focused on in a couple posts: salesmen and dealerships trying to "screw people" or that that is their job. That may be the stereotype but can NOT be applied 100% of the time. Some salesmen actually care about their clients. It might be rare, it might even be insincere care, but either way they DO exist!
No I do not work at a dealership or sell cars or bikes...
And, yes, THANK YOU for sharing your privileged info as long as it's legit : Bwayers "but i also don't think it's correct so whatever
#17
Nothing wrong with arming yourself with enough knowledge where you are comfortable making a purchase.
Moreover, mark-ups are relative to the size of the purchase...obviously!!! As an example you can't compare a 50% mark-up on a pair of sneakers to a 10% mark-up on a house or a car or a motorcycle. I don't care if I give Nike an extra $40 in profit for a pair of running shoes, however I would not be able to sleep at night knowing I just gave a motorcycle dealer approximately $1,500 in pure profit.
Supply and demand is a beautiful thing.
Moreover, mark-ups are relative to the size of the purchase...obviously!!! As an example you can't compare a 50% mark-up on a pair of sneakers to a 10% mark-up on a house or a car or a motorcycle. I don't care if I give Nike an extra $40 in profit for a pair of running shoes, however I would not be able to sleep at night knowing I just gave a motorcycle dealer approximately $1,500 in pure profit.
Supply and demand is a beautiful thing.
#18
Hey, Kewl came to visit !!!!
Good to see you again old friend
I think it's true to say that "knowledge is power"
especially when you don't have the option of buying
wholesale.
Now the salesman cannot tell you "porky pies (lies) about what he's having to pay for your bike................
Great work D.
Good to see you again old friend
I think it's true to say that "knowledge is power"
especially when you don't have the option of buying
wholesale.
Now the salesman cannot tell you "porky pies (lies) about what he's having to pay for your bike................
Great work D.
#19
i guess i got a screaming deal, cause the dealer lowered sticker to 7500 for me. out the door was 9180 after tax freight ect. with 2 year extended warranty.
I've seen similar "dealer invoices" and "actual costs" plenty of times, and I'll tell you right now that dealers can and do sell for cheaper.
My wife's new 2010 Corolla S. was $16,800 and my '09 KLR was $4,800 out the door with no fees at all.
The "dealer invoice" price for a new KLR650 was like $4,900 at the time, and I think the Corolla was like $19200 or some chit.
Now they are selling '09 KLR650s for like $4,400 OTD.
I swear it's all bullchit.
Hey, Kewl came to visit !!!!
Good to see you again old friend
Good to see you again old friend
This thread is old as dirt and just got dug back up....
#20
Dealer Invoice Report
2009 CBR 600RR
List Price: $9799
List Price: $10099 Phoenix
Dealer Invoice: $579
Dealer Invoice: $834 Phoenix
Dealer invoice price includes $8050 per crate freight charge for shipping from the manufacturer to the dealership.
Assembly Cost: $320 per Honda dealer pricesheet
Each dealership has its own method of figuring cost of assembly and preparation for sale.
There is no reimbursement by the factory for this cost to the dealer.
Ready to sell cost: $611
Ready to sell cost: $866Phoenix
This model Honda motorcycle has 50% (of List Price) dealer holdback.
This holdback money is paid to dealers in April or October for units that are sold to U.S. residents within the previous 6 months. Dealers must pay Honda the full "Dealer Invoice" price and wait 1 to 6 months after selling the machine to receive their dealer holdback.
Wholesale Incentives:none for this model.
Retail Incentives:none for this model.
The "Ready to sell cost" is the cost of the machine sitting on the showroom floor with NO PROFIT to a dealer. Dealers do not stay in business very long by selling machines for no profit.
Many dealers charge additional fees for "Freight and Setup" over and above the selling price of the machine. Add the "Selling Price" to the "Freight and Setup" charges and subtract the "Ready to sell cost" to determine the PROFIT a dealer is asking to make.
There, If you give me 10 bucks I'll sell you this information.
Hate to break it to you man I worked at a kawasaki shop and we HAD the dealer invoice sheets and it's not as low as you posted.
2009 CBR 600RR
List Price: $9799
List Price: $10099 Phoenix
Dealer Invoice: $579
Dealer Invoice: $834 Phoenix
Dealer invoice price includes $8050 per crate freight charge for shipping from the manufacturer to the dealership.
Assembly Cost: $320 per Honda dealer pricesheet
Each dealership has its own method of figuring cost of assembly and preparation for sale.
There is no reimbursement by the factory for this cost to the dealer.
Ready to sell cost: $611
Ready to sell cost: $866Phoenix
This model Honda motorcycle has 50% (of List Price) dealer holdback.
This holdback money is paid to dealers in April or October for units that are sold to U.S. residents within the previous 6 months. Dealers must pay Honda the full "Dealer Invoice" price and wait 1 to 6 months after selling the machine to receive their dealer holdback.
Wholesale Incentives:none for this model.
Retail Incentives:none for this model.
The "Ready to sell cost" is the cost of the machine sitting on the showroom floor with NO PROFIT to a dealer. Dealers do not stay in business very long by selling machines for no profit.
Many dealers charge additional fees for "Freight and Setup" over and above the selling price of the machine. Add the "Selling Price" to the "Freight and Setup" charges and subtract the "Ready to sell cost" to determine the PROFIT a dealer is asking to make.
There, If you give me 10 bucks I'll sell you this information.
Hate to break it to you man I worked at a kawasaki shop and we HAD the dealer invoice sheets and it's not as low as you posted.