My point was if the punter and the dealer are happy with the numbers then a deal happens. Valuing a bike without all of the details is pointless and misleading.johnnyboxer wrote: ↑Sun Aug 18, 2019 9:10 pmI bet my figs are closer to the truth knowing a bit about the motor tradeOnHellas wrote:johnnyboxer wrote: ↑Sun Aug 18, 2019 9:14 amWell there you go, a good deal for the dealer as he'll make full margin on the T700 and he'll have your bike that stands him at £8500 and he'll retail it at well over £10,000 plus
Win-Win for the dealer...........plenty of profit right there for him
No Win for you
Personally I wouldn't do that deal, he's pulling your pants down, right enough
If you like burning money, set fire to £2000 in a pile of £10 notes and see if it gives you the same pleasure for 5 mins
I take it that you have all the details on the ATAS being discussed as a PX. Mileage, service history, condition, what the bike may need to get it ready for sale?
Also a quick look on what’s currently for sale and I find, at a Honda dealer, an Anniversary Edition with a couple of extras showing 16,500 miles. It will be freshly serviced for the new owner.
Price.....£8,699
And that’s in a sea of Africa Twins.
Add to the fact that the supplying Yamaha dealer has to pay Yamaha for the new bike once it’s sold so in effect they are stumping up money for secondhand stock.
Yes that’s the business that they’re in, but cash flow needs managing. They may even use a stocking plan that will cost them money.
The ATAS may sit around for a few months.
Profit is only realised at sale time.
The biggest part of this is this:- if RandG is happy with the deal he’s been offered then it’s a good deal! End of.
An ATAS with decent nick and low miles will retail nearer £10k
The dealer has only offered that deal to Cabby because there is a decent turn in it for the dealer for the reasons I stated
Dealers are not offering much for used bikes at present - the new & used market for bikes (and cars) is slowing due to a lack of consumer confidence, mainly due to Brexit uncertainties
As a veteran of the motorcycle trade I too have a very good idea of how things work and if necessary markups/margins/VAT on used sales/stocking finance etc etc.
Just let RandG get on with it. If he’s happy then good job.
If, as it appears, he is going to wait and see what happens then that’s also good.
As for your own order, I thought that you’d actually gone ahead and done the deed?