Dealership Pricing
Road Master
Joined: Jun 2008
Posts: 832
Likes: 3
From: Colorado
Ok, thanks for all of the input, however I am not committed to anything as of right now. The deposit I put down is completely refundable, all I have to do is call them up and I get every cent back. I did not sign anything, I simply told them what bike I wanted and they are working on getting it in for their spring order. They claimed that they would not be getting in hardly any Sportsters in the spring and summer orders because of how many they have already with the buy back deal and all. They gave me this option to put a refundable deposit down so that I would not be stuck in the spring without one. I took this option, knowing full well that I would be shopping around and seeing what people like all of your had to say on the issue, and knowing the whole time that I am not really committed to anything as of right now. The price is also negotiable, she even said that if I find any other deals to come to them and see if they would be able to come down on their price. I basically did this whole deposit thing in the case where spring rolled around and I can't find the bike I want.
So is it like a $50 to hold your place in line, or a substantial amount that they're going to consider a real commitment on your part to buy the motorcycle from them? Did you get the refundable part in writing? Trusting a dealer (or anyone else for that matter) with money is risky. Just saying....
Intermediate
Joined: Apr 2008
Posts: 48
Likes: 0
From: Greensburg Pa.
I think you need to look at all of the paperwork to see what the actual selling price of the bike is and what the price of the accessories are. Get everything in wrighting and then go shopping at outher dealers, get there prices and then start dealing. When you have reached a fair price (not 10k if it were me) then deal on interest rate. The dealer usualy makes money on that end as well. If they tell you that you will be paying 10% you may be able to get 8 or 9%.
Road Captain
Joined: Aug 2009
Posts: 526
Likes: 4
From: North Atlanta Georgia
Found mine about 150 miles away. Wife drove me down and I rode back.
Like this http://philadelphia.craigslist.org/s...min&maxAsk=max
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Novice
Joined: Oct 2009
Posts: 21
Likes: 0
From: Philadelphia, PA
That's awesome atlanta, I will definitely be checking that regularly, thanks
The deposit was $200 bucks. It says refundable on the paper they wrote up, if I call and say I am not interested they will refund it all. It is something the local dealer is advertising for this winter based on their high inventory and smaller orders they will be getting in for the spring. I wrote all the lines that are written on the piece of paper I have in the first post. I do not consider this a final bill of sale by any means and I will not be paying that. This is the reason I am on here asking about this, to find out how much dealers will generally be willing to negotiate on a new bike. I don't have any experience with Harley dealers and was just looking for some information on your past experiences. Based on what you have all said, I will not accept that price and will absolutely be shopping around and considering all my options (different dealers, used, current dealers pricing.) Thanks for your input.
The deposit was $200 bucks. It says refundable on the paper they wrote up, if I call and say I am not interested they will refund it all. It is something the local dealer is advertising for this winter based on their high inventory and smaller orders they will be getting in for the spring. I wrote all the lines that are written on the piece of paper I have in the first post. I do not consider this a final bill of sale by any means and I will not be paying that. This is the reason I am on here asking about this, to find out how much dealers will generally be willing to negotiate on a new bike. I don't have any experience with Harley dealers and was just looking for some information on your past experiences. Based on what you have all said, I will not accept that price and will absolutely be shopping around and considering all my options (different dealers, used, current dealers pricing.) Thanks for your input.
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Novice
Joined: Oct 2009
Posts: 21
Likes: 0
From: Philadelphia, PA
Actually that was another question I had. I have done some research and have seen several things that said to not finance through the dealer. I was wondering how that works. Do I essentially get enough money from the bank to pay "cash" for the bike at the dealer? So the bike would be paid off as far as the dealer and then I would just owe the bank the money? I assume it could also work with the bank paying straight to the dealer so you never really get the cash in your hands.
Outstanding HDF Member
Joined: Jun 2007
Posts: 2,541
Likes: 11
From: Elyria, OH
Actually that was another question I had. I have done some research and have seen several things that said to not finance through the dealer. I was wondering how that works. Do I essentially get enough money from the bank to pay "cash" for the bike at the dealer? So the bike would be paid off as far as the dealer and then I would just owe the bank the money? I assume it could also work with the bank paying straight to the dealer so you never really get the cash in your hands.
Tourer
Joined: Jul 2009
Posts: 367
Likes: 0
From: yankton SD
i paid $7949 (7899 plus $50 paperwork fee) to the dealer for my iron. so i went to my bank and told them i had $1000 down and the bike was $7899 so they made the loan for $6899 and i wrote the dealer a check for $1050 and gave them the check from the bank.
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Novice
Joined: Oct 2009
Posts: 21
Likes: 0
From: Philadelphia, PA
Wow, nice bargaining skills. Did you buy in the winter to get that type of deal, also did you get the security option as well for that? No tax in SD?
Tourer
Joined: Jul 2009
Posts: 367
Likes: 0
From: yankton SD
i got it last march. there is 3% tax here but i didnt pay that to the dealer. not sure about other states but in SD you just pay the tax title and licence when you get plates. that was like $250 or $275 i dont rember exactly but i just paid that out of pocket when my temp. plates expired. also the bank took an extra 1/2% off the loan because i made a dedicated savings account that my payment is taken out of every month. every little bit helps, my payment is $150 per mo.