How Much?

Discussion in 'UK Motorcycles' started by Fox, Oct 19, 2005.

  1. Fox

    Fox Guest

    How much discount can you get on a new bike, cash purchase?
    About 10% - 15 % seems to be the norm in my area (North East England)

    Is any other part of UK better?
     
    Fox, Oct 19, 2005
    #1
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  2. Fox

    Eddie Guest

    I can't imagine you'd get much more than that anywhere else: IIRC, the
    dealers get a kick-back from the finance companies if you buy the bike
    on credit, so there's not that much benefit in them having the cash.


    (BTW: Is that the Fox & Hounds pub in Prudhoe? If so, you've just bought
    an almost-new bike; bored with it already?)
     
    Eddie, Oct 19, 2005
    #2
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  3. Fox

    Fox Guest

    Any sensible business still likes cash sales.

    No, I made the email up.
     
    Fox, Oct 19, 2005
    #3
  4. Fox

    Nicknoxx Guest

    Not if the dealer maker more profit overall selling a bike on credit
    (assuming no cash flow crisis)
     
    Nicknoxx, Oct 19, 2005
    #4
  5. Fox

    Fox Guest

    That is only sensible if there is limited stock.
    Generally, there is not.
     
    Fox, Oct 19, 2005
    #5
  6. Fox

    neal Guest

    I don't think there's much regional variation. I rang round the
    dealers before buying my recent bike, and it was all much of a
    muchness.
    What on earth makes you think that? Or, by "cash", do you mean "no
    part exchange and no finance?"
     
    neal, Oct 19, 2005
    #6
  7. Fox

    Fox Guest

    Cash = Notes or Debit Card or Cheque or Draft or many other ways.
     
    Fox, Oct 19, 2005
    #7
  8. Fox

    Fox Guest

    Yes.
     
    Fox, Oct 19, 2005
    #8
  9. In uk.rec.motorcycles, Pikey Joe amazed us all with this pearl of
    wisdom:

    Cheers!
     
    Whinging Courier, Oct 19, 2005
    #9
  10. Fox

    Fox Guest

    I am presuming the dealer will lose the sale (as they will with me)
     
    Fox, Oct 19, 2005
    #10
  11. Nope cash is folding[1] money, all the others are traceable and
    especially for a business cost to process. Ask for instance a builder
    to quote for a cash job, offer him a cheque and see what happens.

    As pointed out earlier a vehicle dealer would much prefer you took
    their shonky finance. Perhaps the best deal you could do is if you
    have the money sitting in an account is take a credit card with a
    large interest free period and put the bike on that. That way you can
    have interest on the money for 9 - 12 months and the bike.

    [1] No one wants lots of coins.
     
    Boots Blakeley, Oct 20, 2005
    #11
  12. Fox

    Ben Guest

    Or take finance and make sure it can be paid off at any point with no
    penalty.

    Then just give it a week and pay it off with the cash.
     
    Ben, Oct 20, 2005
    #12
  13. Fox

    Andy Bonwick Guest

    Do you honestly think that a dealer should give you a big discount
    because you're offering cash when he'll get the full price along with
    a wedge from the finance company if he sells it to someone on credit?
     
    Andy Bonwick, Oct 22, 2005
    #13
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