April 1999
by Lee Meyer |
|
Spring
is pretty much here and motorcycle fever is upon us. Many
will be starting out on a search for new machinery to
replace an old ride or better yet add another to the
collection. Unfortunately spring is the worst time of the
year to buy your new bike. Dealers and private sellers are
quite aware of the spring feeding frenzy and take full
advantage of it. Haggling for a deal will be difficult or
impossible. If at all possible large dough can be saved if
you can hold your horses until mid-to-late summer. More
likely you will be in charge of the deal at that time;
sellers get panicky when their goods are still for sale
towards the end of the season. If you just can't wait, here
are a few more tips and reminders. Buying Used: This
category has the largest variety. There is a used machine
for every size wallet--from the hundred dollar beater to the
used 916 Duck for twelve grand. I bought an old Honda Magna
for 75 bucks some years back and rode the crap out of it for
two years. So what if it didn't have fifth and sixth gears.
Buying used from a private party can get you a better deal
than at a dealership but may be more risky. Make sure to
check the beast over thoroughly before handing over the
cash. Tires, chain and
sprockets and tune-ups can add quite a bit to your purchase
price. Getting the bike inspected and checked out at a
trusted shop before buying is well worth the fifty or so
bucks. If the seller won't let you get it checked out just
walk away. There's always going to be another one and it may
be in nicer shape. Buying used at a dealership will more
likely get you a mechanically sound machine but at a price.
Dealers have to make sure their used bikes are safe and have
sound mechanicals. Basically, it's the law. Prices will be
up though, more overhead costs, mechanics to pay to make
sure the bikes are up to par, and the profit margins on the
used machines are way better than on their new ones. Of
course they want to keep it that way so it's hard dealing.
With bikes less than ten years old never pay more than book
value. Check your library or bookstore or look to the
internet to research book values. NADA or blue books tend to
lose accuracy on older bikes so research selling prices in
the various trader and shopper publications as well as the
internet. Buying a new bike
means you are stuck with the dealership. Here's a big tip.
Get out of town. The little dealership fifty miles away
would just love to sell you a bike for quite a bit less than
the huge big city dealers. They'll pay more attention to
you, give you a better deal on parts and accessories--the
whole works. Do your homework and know the manufacturers
suggested retail price of the bikes you are interested in.
On some occasions a popular model will be priced above the
M.S.R.P. This sucks in my opinion. One example is Yamaha's
New YZF1000R1--I think M.S.R.P. is $10,500, but many dealers
are selling them at twelve grand or better. They add on
extra freight and set up charges etc. What a rip-off. It
costs about $150 to pay the setup guy to assemble a new
bike, tops. If you've got to have the best, newest, fastest,
etc., just be prepared for this kind of thing. For some people
price isn't quite as important as good customer service and
a quality repair facility. Not all service departments are
equal. Check around and take your service business where you
feel most comfortable. You can buy your new motorcycle from
one dealership and have it serviced wherever you wish. Don't
be put off if you make on offer and the dealer won't go for
it. He'll probably counteroffer to keep you there, but
remember that they have to make a profit to stay in
business. Dealers can however sell a machine for "cost" and
still make a couple hundred bucks. Retail pricing is about
15% over dealer cost but there is a couple percent "hold
back" the factories allow, so if a dealer does sell for cost
they won't take it in the shorts too bad. The extra couple
percent can pay the setup guy and the sales person something
at least. You're probably not getting a new bike for cost in
the spring--August maybe--not in the spring unless its an
older year leftover or an unpopular model. If that's what
you may be looking for then haggle yourself silly, some
models are a tough sell and nobody wants leftovers. Except
maybe you. Educate yourself
thoroughly on the makes and models of your interest. I like
to know way more than the salespeople when I check out new
machinery. It kind of eliminates the possibility of the
dealer misinforming you, intentionally or not. Bike shopping is a
fun thing, try and remember that. As soon as it becomes
stressful or uncomfortable get out and go somewhere else.
There are lots of bikes and shops in the world. Unless
you're shopping for a Vincent or maybe an Ariel square four.
Rock
On. -DOC M.M.M.
* This article originally
appeared in the April
1999 issue of Minnesota
Motorcycle Monthly.
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