Dealer return?
Tourer
Joined: Nov 2005
Posts: 360
Likes: 0
From: Louisville, KY
RE: Dealer return?
Actually check with your state laws. Here in KY we have a buyers remorse law and you can return a vehicle in 3 business days...something like that. When I was buying my latest bike the sales guy was complaining because a buyer did this exact thing. Bought a bike and decided the next day that he made a mistake...they had to take it back but they did charge some type of usage fee.
Check your state law.
Check your state law.
Stellar HDF Member
Joined: Nov 2005
Posts: 2,272
Likes: 10
From: Orange VA
RE: Dealer return?
Concur with KY23. Check ASAP (since its already been three weeks) about the possibility of your state having a cooling off period. The time duration of the cooling off period varies but it can range from a few days up to a month.
There isn't any in CA and they give you a form to sign before the contract reminding you that once you sign the contract the bike is yours - no changing your mind. Not sure about other states but if you didn't sign any type of disclosure like I described it is likely your state does offer a cooling off period, during which you can return the bike (conditions and fees may apply).
If its been sitting in your garage and only traveled 4 miles since it left the dealer, its likely they might agree to try to work with you given the circumstances. Heck, I'm sure a lot of bikes get that many miles or more during test rides. I had 12 on my Springer when it left the dealer.
Good luck.
There isn't any in CA and they give you a form to sign before the contract reminding you that once you sign the contract the bike is yours - no changing your mind. Not sure about other states but if you didn't sign any type of disclosure like I described it is likely your state does offer a cooling off period, during which you can return the bike (conditions and fees may apply).
If its been sitting in your garage and only traveled 4 miles since it left the dealer, its likely they might agree to try to work with you given the circumstances. Heck, I'm sure a lot of bikes get that many miles or more during test rides. I had 12 on my Springer when it left the dealer.
Good luck.
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Stage II
Joined: Feb 2007
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From:
RE: Dealer return?
Thanks for eveyones advice! I called my dealer today and about all they are willing to do is put up a flyer in their window advertising the bike. My salesmen told me that they may consider to buy it back but I would be lucky to get trade in value for it. I checked into the buyers remorse law and from what I can tell you only get three days. I guess I will just make up some flyers and spread them around town and try to sell it locally and if that doesn't work then I will try Ebay. I'm trying to figure out how much to ask for the bike. Its vivid black and has the alarm system with siren installed and also has the indoor cover to go with it. Out the door price including freight, tax, acc, prep, document fee was about $19.500 the bike itself was about $17.000.I know I'm going to lose the tax and fees but what would be good price to ask for the bike. Thanks again for everyones advice! Bob
Road Warrior
Joined: Jan 2006
Posts: 1,879
Likes: 5
From: miami,fl
RE: Dealer return?
I think no matter how you look at it you are going to take a hit.Lessen the hit by selling it yourself like everyone has suggested.Dont know how you bought the bike but if you didnt put any money into it and financed maybe a good trusted friend that you trust whole heartedly would take over your payments if they wanted your bike,just an option.
Cruiser
Joined: Jan 2007
Posts: 203
Likes: 1
From:
RE: Dealer return?
HI. I bought a dealership 2006 Sofetail Deluxe that had been used by the manager. It had 2,000 miles on it, with chrome front end, including all controls and levers, grips, windshield, vance and hines pipes, back rest (quick release), alarm system, passagner floor boards and 1000 mile service. I paid 16,900 for it. I figure about 2,000 worth of goodies so about 14,900 for the bike. It is a 2006 with the 88ci.
They (sofetail deluxes) were 18500 new on the floor without the above goodies.-John
They (sofetail deluxes) were 18500 new on the floor without the above goodies.-John
Advanced
Joined: Jan 2007
Posts: 64
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From:
RE: Dealer return?
A yellow 07 Fatboy just sold on Ebay for 17100. It was located in Memphis,Tn. I got my black 07 Fatboy for 16000 with 149 miles on it. I live in Illinois and sales tax on a used motorcycle purchased from a private party is $25. The cheapest I found at a dealership was 17500 plus 6.25% sales tax. So that would put the price around 18500 for a new one. If you could find someone in the same situation, I don't think that 17000 would be an unfair price. Good luck.
Stellar HDF Member
Joined: Nov 2005
Posts: 2,272
Likes: 10
From: Orange VA
RE: Dealer return?
You've got a solid, sellable bike, nearly new. Single digit miles and full warranty. This is the right time or year to try to sell. But, as some mentioned, it'll be hard to get what you want out of it. Anticipate having to haggle a bit and adjust your pricing strategy accordingly. If 17K is going to be your "no lower" bottom price, start asking 17.5-18K. That gives you some wiggle room. If someone takes it at the high price, great. If they want to haggle to feel like they got a better deal, you have some flexibility to make the deal without sacrificing what you need to get out of it.
Of course the flip-side of that methodology is that the initial asking price may scare buyers away. The alternate theory is that in order to entice the most buyers up front, you should price as low as you can go and hold firm on that amount. That can work also. But I think you really aren't going to get what you want that way. Instead you'll end up with a few more tire kickers but fewer additional serious buyers. And you'll still have the crowd that expects you have padded the price and will want you to lower it for them. If you are already listed at the lowest you can go, you may lose a potential sale because you appeared too rigid on your bottom line.
Sometimes listing the fees and extra $$ required for a dealer sale and comparing that with your own asking price helps. Some will shy away from a used bike listed for 18K if they see an MSRP price of 16, 17, or 18K when the reality is your bike is a better deal in the end after taxes, prep, fees, etc are factored in. Although most understand that, not everyone thinks about it when shopping around. This technique helps put things in perspective and could help close a deal for you.
Once again, hope things work out for the best.
Of course the flip-side of that methodology is that the initial asking price may scare buyers away. The alternate theory is that in order to entice the most buyers up front, you should price as low as you can go and hold firm on that amount. That can work also. But I think you really aren't going to get what you want that way. Instead you'll end up with a few more tire kickers but fewer additional serious buyers. And you'll still have the crowd that expects you have padded the price and will want you to lower it for them. If you are already listed at the lowest you can go, you may lose a potential sale because you appeared too rigid on your bottom line.
Sometimes listing the fees and extra $$ required for a dealer sale and comparing that with your own asking price helps. Some will shy away from a used bike listed for 18K if they see an MSRP price of 16, 17, or 18K when the reality is your bike is a better deal in the end after taxes, prep, fees, etc are factored in. Although most understand that, not everyone thinks about it when shopping around. This technique helps put things in perspective and could help close a deal for you.
Once again, hope things work out for the best.
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