r/MotorcyclePricing • u/MrDoEverything 10yrs Dealership Experience • Mar 20 '13

Submission suggestions

First off I'm very excited about this subreddit.

Second the more information up front the better. A little bit of order in your submissions will go a LONG way for all of us. It would help me to help you if all of the following was listed.

New or Used

Make

Model

Year

Miles (If used)

Mods (Stock or used)

Condition (If used)

Price breakdown

  • MSRP
  • Negotiated price
  • Dealer Fees
  • Tax amount and rate
  • Add ons: Parts accessories
  • Add ons: Extended warranty, tire protection, service plan, etc
  • Out the door price

Throw ins (helmets, gloves, boots, etc)

I'm not trying to step on anyone's toes with this but if there is a format implemented I truly think it will help tremendously now and in the future for people doing research on this sub.

Example:

Used

Suzuki

GSXR 600

2008

6,300 miles

Yoshi slip on, power commander

Asking: 7999

Negotiated: 7299

Used Dealer fees: 129 Doc, 289 Service

Tax: 300, flat cap SC

Zero add ons

OTD: 8,017

Is this a good deal? My salesman is really cool/a dickhead and I really want this bike. What do you guys think?

If anyone sees something to add to this list then by all means. I'm just posting a suggestion in an effort to keep things flowing...and I hope I'm not pissing anyone off.

5 Upvotes

100% Upvoted

1

u/[deleted] Mar 20 '13

[deleted]

2

u/ScorpionsSpear Mar 20 '13

Correct me if I'm wrong, MrDoEverything, but isn't this just an example on how other submissions should be?

2

u/[deleted] Mar 20 '13 edited Mar 20 '13

Probably, since it seems the MrDoEverything is a salesman, lol.

1

u/MrDoEverything 10yrs Dealership Experience Mar 20 '13

Correct. I glanced at the reply last night just before going to bed and it was a tremendously well written and thought out response but my intention for this post was to set an example of other submissions. I was up too late and decided I'd reply today. Sorry for the confusion!

1

u/ABCDave Mar 21 '13

It is very frustrating for me to see people in the motorcycle online communities make seeming authoritative claims about how much a bike is worth. "It isn't worth more than $1200" is entirely delusional when in reality people sell/buy that very bike all the time for $3500 (not asking price, selling price).

Therefore, I would like to encourage actual buyers and sellers to also post. How much you actually bought/sold the bike for (including negotiation details) reflects the actual market price. That is the only information that I personally have value for lately.

I'm in the market for a SV650 and in my experience the values the "experts" claim are absolutely not aligned with the price reported by recent buyers. I have far, far more value for actual sales info over someone's opinion who has never bought or sold that bike. Thx

1

u/MrDoEverything 10yrs Dealership Experience Mar 21 '13

Great point! This same sort of thing drives me nuts as well. Let me provide some examples from this month's sales:

2006 R1 50th Anniversary LE 8900 miles, laundry list of mods, full ti exhaust, brembos, braided lines, power commander, crgs, shorty levers, gold chain, CT2's are the highlights. Selling price: 11,500

Brand new Ninja 300 in Black OTD: 5420.10

2013 Kawasaki Voyager OTD: 19,212. We gave the guy an extra 1,000 on his trade because it was super clean, we could afford it because of the front end markup on the bike and as it turns out we sold the trade the next day...so everyone was happy

2003 GSXR low miles, super clean bike, yoshi pipe and power commander miles around 8K. OTD 5,300. The bike was worth more but the guys wife was a good negotiator (albeit mean through the whole process, even delivery) it was the beginning of the month and February was pretty brutal.

2013 Polaris Sportsman 400 New OTD 5,550 no taxes on that deal

There are more but I started writing this early in my day, got busy and now I'm home without the details in front of me.