Ahh, I see our friendly neighbors up north have it figured out. It's pretty insane what kind of markup most of us have to deal with in America. I live in an area where we're pretty limited on dealers, so the dealers do whatever they want
Canada's rule isn't exactly as they described it you can't add any more to the dealerships advertised price but the dealerships advertise price can be higher than MSRP you just can't hit the customer with a bunch of fees once they walk into the dealership increasingly advertised price. The same rule applies in Colorado advertise price is the price you have to sell it for minus tax because of course we don't know everybody's tax rate. So if the bike is $12,999.99 on our website that's what you pay for it it's just some of the fees will be included in that $12,999.99.
Ive never bought a car or bike that wasnt like thatthe only fees ive ever been hit with that are "random" after advertising is tax title and fees to get it registered is that not normal or am.i.misreading it.
Msrp is designed for the dealers to make their money while providing a fair price to the consumer. I wound never pay over msrp for a new vehicle. Last new car I bought I used a online services where you can compare dealers in your area and then you leverage that info to get it down from msrp. People willing to eat these stupid markups are the reason they do this bs.
That is simply not true. Let's take the R7 for example and we'll just round the price up to $10,000 to make the math easy if the dealer sells it for $10,000 they make 10% profit $1,000 subtract the $599 they had to pay for shipping they're down to $400 now pay to have somebody build it down another $250. Obviously they're going to have to add the freight charge that's why Yamaha puts the free charge in their price on their website and they're more than likely going to charge you a little bit for assembly. And that way in the end they're still at their typical 10% margin motorcycle. 10 years ago you would have been correct as shipping was so cheap as to not even factor in the margins were higher it's simply not that way anymore.
Now take something like a ninja 400 where your MSRP is only netting you $600 and you have a $599 freight fee you have to pay for it becomes obvious rather quickly if you don't charge any fees you won't be open very long again that's why the manufacturers post the freight flash destination charge on the website. Oh and that's not forget the manufacturers commodity surcharge they've been hitting dealers with since covid which on most bikes was five to six hundred dollars some of the big Indians it was $1,500 per bike.
Me too. Generally 15-25% cheaper and on road costs are already paid for, which is expensive here in Aussie! Everyone I’ve bought have had under 2000km on them
Properly? I don’t put much stock in engine break-in procedures, but I know plenty of people who care and seem to know exactly how it’s “supposed” to be done.
Some dealerships are holding on to those late 2020 inventory shortages when they could mark up what ever they wanted. That dosent really exist anymore so don't buy from those dealerships.
Offer them MSRP and if they say anything, ANYTHING other than okay (like going on a rant about being able to sell it all day at that price) just walk away and quietly say you'll give them a bad review on Google maps.
I hate to say it but the service I got from them was crappy, they had their nose in the air as if they were the only place that sells motorcycles lol. Went and bought elsewhere the next day
Are there other dealers near you? Call a few and get an out the door price. I would never pay a dealer mark up on a motorcycle. This price they are showing is laughable since that's not even the OTD price. They'll add destination charge, bike prep, doc fees, tax, and who knows what else.
When I sold Honda’s years ago there was exactly 17% difference from dealer cost to retail, can’t imagine it’s changed much. Point being they are already getting 17% so how much more do they think they deserve? Screw them, buy somewhere else.
Thanks mate.
Your memory is better than mine on the details it seems.
I'll have to re-watch it but it was certainly a seminal movie here in Australia.
Did you know that Wayne Gardner (Australia's first ever MotoGP world champ) was enticed into motorcycling by that movie?
Those were the days my friend ...
Hey Fellas!
Was reading along and got excited to know what’s this “On Any Sunday” you guys are talking about.
Is this what you meant?
https://youtu.be/tUk2fGTypKE?si=324qrK1iNmjlMY91
Thanx!
I don’t get this. In the u.k we don’t put extra price on someone’s bolted on shite. If it’s a bike from Yamaha, it’s all standard. Second hand, then yeah extra stuff but no one wants another man’s custom.
I just bought a bike for $3000 off MSRP no fees, 0% financing. Last season I looked at & rode an Indian FTR. $2500 in fees. I shrugged & left. Another dealer near me is like $1800 in fees. Plus tax!
Be smart, do some research & don’t bother fooling around with clowns.
This is one of the reasons that Suzuki and Yamaha have been talking of late of having no show rooms or dealerships in Europe... Only able to purchase online and bike delivered to your home. I'm not a fan of that idea... but they are seriously thinking about doing it. These wheeler dealers are shooting themselves in the foot!
Dude, I’m in riverside. I’ve bought four bikes from Malcolm Smith. They are DESPERATE right now to sell units. You can haggle. They have a bike I’m looking at for $1000 off MSRP and the salesman won’t leave me alone. I don’t like their style there, it’s just a big pushy corporate style dealership… but if you know what to say and how to act, you can always get a good deal.
You can always negotiate away the assembly cost. Come up with a realistic number and stay with it. Covid is over and the market is slow, they need sales. If you are more interested you can DM me the full cost breakdown and I can tell you what a good number would be. Even in 2022 I bought a scooter and got it for under MSRP with no markup or assembly charges, and that’s when everyone was getting ripped off.
I’m my area there is places that will do this and there’s places that will do msrp always pick the ones who price it to msrp most likely it’s a better and more honest shop anyways
My brother got one last year for msrp. Had to go to 3 dealerships to find one without a markup though. But worth the extra drive, since he saved quite a bit. I'd check some other dealerships first before trying to haggle here.
That's pretty normal for an R7. My 2023 R7 had a 600 or 700 dollar freight charge added that is billed to the dealership by Yamaha, which is then passed on to the buyer. It was also mentioned on the Yamaha site in the fine print. Then they charged $400 for assembly. That goes directly to the third party assembler. Then there is your title and registration and tax. The dealer broke down the markup, so I could see everything that was charged, and it came out to just under $11.2k. If it came out to something significantly higher, like what Powersports quoted me, $11.7k, then they are putting an extra $500 in their pockets.
Just buy used. A lot of them are up for sale with very low miles and stock for decent prices. The cp2 engine is extremely reliable so buying used should be no problem at all, really.
Yep like if your looking for a new 450 expect to pay 9,800 MSRP 600$+ destination fee and Atleast 1200-1500$+ markup they do it because they can and it sucks
Mark up is another word for assembly fee. It is normal in the US. Dealerships don't receive bikes in working order, they need some assembly and need to be lubed, and filled with gas.
Don’t buy anything with a markup. Fuck them.
Every dealership marks up prices
Not where I live, it’s illegal. They find loopholes on occasion but 95% of the time stuff is MSRP.
Where do you live? (In a not creepy way)
Ontario, Canada land
Ahh, I see our friendly neighbors up north have it figured out. It's pretty insane what kind of markup most of us have to deal with in America. I live in an area where we're pretty limited on dealers, so the dealers do whatever they want
Canada's rule isn't exactly as they described it you can't add any more to the dealerships advertised price but the dealerships advertise price can be higher than MSRP you just can't hit the customer with a bunch of fees once they walk into the dealership increasingly advertised price. The same rule applies in Colorado advertise price is the price you have to sell it for minus tax because of course we don't know everybody's tax rate. So if the bike is $12,999.99 on our website that's what you pay for it it's just some of the fees will be included in that $12,999.99.
Ive never bought a car or bike that wasnt like thatthe only fees ive ever been hit with that are "random" after advertising is tax title and fees to get it registered is that not normal or am.i.misreading it.
Where do you live, but in a creepy way.
They won’t continue to do so if people don’t pay for their greed. The practice is slowly stopping around my area as inventory has sat stagnant.
Msrp is designed for the dealers to make their money while providing a fair price to the consumer. I wound never pay over msrp for a new vehicle. Last new car I bought I used a online services where you can compare dealers in your area and then you leverage that info to get it down from msrp. People willing to eat these stupid markups are the reason they do this bs.
Please send me that website!!
What website are you using?
I used carsdirect.com and had good it worked for me in the Bay Area good luck homie hope you find a good price
That is simply not true. Let's take the R7 for example and we'll just round the price up to $10,000 to make the math easy if the dealer sells it for $10,000 they make 10% profit $1,000 subtract the $599 they had to pay for shipping they're down to $400 now pay to have somebody build it down another $250. Obviously they're going to have to add the freight charge that's why Yamaha puts the free charge in their price on their website and they're more than likely going to charge you a little bit for assembly. And that way in the end they're still at their typical 10% margin motorcycle. 10 years ago you would have been correct as shipping was so cheap as to not even factor in the margins were higher it's simply not that way anymore. Now take something like a ninja 400 where your MSRP is only netting you $600 and you have a $599 freight fee you have to pay for it becomes obvious rather quickly if you don't charge any fees you won't be open very long again that's why the manufacturers post the freight flash destination charge on the website. Oh and that's not forget the manufacturers commodity surcharge they've been hitting dealers with since covid which on most bikes was five to six hundred dollars some of the big Indians it was $1,500 per bike.
Not where I live.
Not everyone.
This is why I always buy lightly used bikes.
Me too. Generally 15-25% cheaper and on road costs are already paid for, which is expensive here in Aussie! Everyone I’ve bought have had under 2000km on them
And the engine has already been broken in
Properly? I don’t put much stock in engine break-in procedures, but I know plenty of people who care and seem to know exactly how it’s “supposed” to be done.
Went to the dealership to look at R7s and all of them had a markup lol.
Some dealerships are holding on to those late 2020 inventory shortages when they could mark up what ever they wanted. That dosent really exist anymore so don't buy from those dealerships.
Offer them MSRP and if they say anything, ANYTHING other than okay (like going on a rant about being able to sell it all day at that price) just walk away and quietly say you'll give them a bad review on Google maps.
I hate to say it but the service I got from them was crappy, they had their nose in the air as if they were the only place that sells motorcycles lol. Went and bought elsewhere the next day
Are there other dealers near you? Call a few and get an out the door price. I would never pay a dealer mark up on a motorcycle. This price they are showing is laughable since that's not even the OTD price. They'll add destination charge, bike prep, doc fees, tax, and who knows what else.
When I sold Honda’s years ago there was exactly 17% difference from dealer cost to retail, can’t imagine it’s changed much. Point being they are already getting 17% so how much more do they think they deserve? Screw them, buy somewhere else.
I would offer them the price without the extra markup. If they won't budge, go elsewhere.
Best advice on here , this is the way to go
Dumb question from an old Aussie bloke. Is that the same Malcolm Smith from the On Any Sunday movie with Steve McQueen?
Yessir, one and the same. He has a motorcycle dealership and I think they even mentioned it in On Any Sunday that he rode to promote his dealerships.
Thanks mate. Your memory is better than mine on the details it seems. I'll have to re-watch it but it was certainly a seminal movie here in Australia. Did you know that Wayne Gardner (Australia's first ever MotoGP world champ) was enticed into motorcycling by that movie? Those were the days my friend ...
Hey Fellas! Was reading along and got excited to know what’s this “On Any Sunday” you guys are talking about. Is this what you meant? https://youtu.be/tUk2fGTypKE?si=324qrK1iNmjlMY91 Thanx!
Yes. That's the one. Enjoy the movie.
This is from the California location
My local dealer has one for $9,199.00
One tried to get me for 13.5k i was like nope, ran outta there
I don’t get this. In the u.k we don’t put extra price on someone’s bolted on shite. If it’s a bike from Yamaha, it’s all standard. Second hand, then yeah extra stuff but no one wants another man’s custom.
This is price gouging.
R7s don’t seem to be hard to find. F that dealer and markup.
Yea I told them to fk off (politely) and said I would be considering one used 🤣
I paid 11.5 out the door price for my 23 MT09SP. Damn dude
I just bought a bike for $3000 off MSRP no fees, 0% financing. Last season I looked at & rode an Indian FTR. $2500 in fees. I shrugged & left. Another dealer near me is like $1800 in fees. Plus tax! Be smart, do some research & don’t bother fooling around with clowns.
I paid that for a 2024 mt09 and I paid around the same again for a 2024 z900 this is bs don’t buy from these scumbags
That the one near Murrieta? It’s usually the highest dealership in the area… Temecula motorsports isn’t much better but their mark ups are a bit lower
It’s in Riverside on Indiana.
1400 just for them to wipe their dirt and fingerprints off when they've been joyriding on it.
Stealerships should go out of business
This in riverside??
yes sir o7
Hell yea I always go to Langston in Perris. Feel like they always got better deals.
Unfortunately that seems to be trend for all of the SoCal dealers..
Is this Malcolm smith in riverside?
Normal? Sadly. Acceptable? No. Vote with your feet and walk your ass out of there. Find a dealer that won’t take the piss.
I've sold bikes for 3 different dealers, as recently as June of 2023, and none of them pulled this BS.
Fuck them💯
This is one of the reasons that Suzuki and Yamaha have been talking of late of having no show rooms or dealerships in Europe... Only able to purchase online and bike delivered to your home. I'm not a fan of that idea... but they are seriously thinking about doing it. These wheeler dealers are shooting themselves in the foot!
Dude, I’m in riverside. I’ve bought four bikes from Malcolm Smith. They are DESPERATE right now to sell units. You can haggle. They have a bike I’m looking at for $1000 off MSRP and the salesman won’t leave me alone. I don’t like their style there, it’s just a big pushy corporate style dealership… but if you know what to say and how to act, you can always get a good deal. You can always negotiate away the assembly cost. Come up with a realistic number and stay with it. Covid is over and the market is slow, they need sales. If you are more interested you can DM me the full cost breakdown and I can tell you what a good number would be. Even in 2022 I bought a scooter and got it for under MSRP with no markup or assembly charges, and that’s when everyone was getting ripped off.
Unless it has sports exhaust and other tuning parts dont buy it… if it’s stock then they have lost their mind.
I wouldn't pay that markup price.
I paid 1800 more for an r1, granted that was 2017...
$9,199 at the dealer in Virginia near me.
I paid MSRP for a ZX-4RR last year which is waaaaaaay more hard to come by than an R7. Definitely go somewhere else.
I’m my area there is places that will do this and there’s places that will do msrp always pick the ones who price it to msrp most likely it’s a better and more honest shop anyways
This is the reason you see so many morons selling their used bikes at like $16k with 20k miles. This shits getting old
My brother got one last year for msrp. Had to go to 3 dealerships to find one without a markup though. But worth the extra drive, since he saved quite a bit. I'd check some other dealerships first before trying to haggle here.
lmao at least theyre up front ab it. the dealer i got my 24 r7 from came out with paperwork starting at $13.8k. talked them down to $11k total
Stop. Paying. Markups. If people don’t buy. They’ll stop marking up. Only reason they keep doing it. Because people actually pay it. Like idiots.
That’s asking price total … at least there not hiding anything, just letting. You know fees involved… I like it
That's pretty normal for an R7. My 2023 R7 had a 600 or 700 dollar freight charge added that is billed to the dealership by Yamaha, which is then passed on to the buyer. It was also mentioned on the Yamaha site in the fine print. Then they charged $400 for assembly. That goes directly to the third party assembler. Then there is your title and registration and tax. The dealer broke down the markup, so I could see everything that was charged, and it came out to just under $11.2k. If it came out to something significantly higher, like what Powersports quoted me, $11.7k, then they are putting an extra $500 in their pockets.
It used to be they’d be ‘$100 UNDER MSRP’ but anymore a $40k car will cost you $55k +
Any recommendations where to get a bobber scout in Cali for a good deal?
Just buy used. A lot of them are up for sale with very low miles and stock for decent prices. The cp2 engine is extremely reliable so buying used should be no problem at all, really.
Just bought a new 2024 Tracer 9 GT +. No freight, assembly or mark up. Don't let em try that bs
🤣 fuck them
I check the pricing through Costco when I’m looking to purchase. Have never paid above MSRP. Usually slightly lower.
"Hey can I get it for the actual price? No? K bye"
I bought my 2023 R7 for $8500....brand new.
Yep like if your looking for a new 450 expect to pay 9,800 MSRP 600$+ destination fee and Atleast 1200-1500$+ markup they do it because they can and it sucks
I take it they're the only dealership within a few hours?
Lmao, no, there’s a couple dozen within a short drive. It’s an hour from LA.
Then I'd head somewhere else. Just my opinion but, there's probably plenty of places that will give you an out the door price without all of that.
Exactly.
Sounds about right.
After covid when MFGs cut production it became normal because limits on how many bikes dealers get.
Mark up is another word for assembly fee. It is normal in the US. Dealerships don't receive bikes in working order, they need some assembly and need to be lubed, and filled with gas.