EvanR
EvanR HalfDork
6/12/13 11:34 p.m.

I have an interest in a certain "Brand New" 2010 Honda in a local shop's inventory. With only that limited bit of information, what percentage off would be a reasonable offer for a never-titled, zero miles 2010 bike?

ValuePack
ValuePack SuperDork
6/13/13 2:41 a.m.

3 model years old? I'd walk if it isn't at least 20% off.

pres589
pres589 SuperDork
6/13/13 8:31 a.m.

When I bought my 2004 VFR, it was brand new and still in the crate, in 2007. I paid $6800 for it with a year of factory warranty. The sticker price was $10,500.

Something I did and thankfully didn't need; you can buy extra years of warranty when you pick up the bike. The shop I bought from had a sale going; 1/2 off warranty. I paid an extra $350 for two more years of warranty. I figured that since the bike had sat there unused for a while in the crate, I may have some seal or bearing go dry and need help early.

Honda had a lot of damaged 2004 VFR crates that were sold around Jan 1, 2007. They were auctioned to dealers in lots of 10. A local-ish dealership got some and wanted $7400 for theirs. I got my price by going to north-eastern Iowa to a shop that was great to work with over the phone. I bought the VFR without having ever ridden one. For the most part, I love the thing, and don't regret this at all.

Which Honda are you looking at?

Slippery
Slippery GRM+ Memberand Reader
6/13/13 8:35 a.m.

I bought a brand new 2000 Yamaha R1 in late 2001. I paid $7500 (the total came to $82xx out the door) and I want to say the new ones where high 9k or low 10k.

I went in looking to buy a used CBR929 and they were VERY motivated to push me into the Yamaha ... I still have it and I am happy of how it worked out.

EvanR
EvanR HalfDork
6/13/13 12:09 p.m.

2011 honda

Okay, I screwed up. it's a 2011, not a 2010. Thing is, they're asking $3k. The 2013 version is 150cc, not 125, and the MSRP is $3500. It hardly seems worth saving $500 to take a model with a smaller engine and (in some ways) 2 more year's depreciation under it's belt.

Since sales tax would be about $250, I was thinking of offering $3000 out the door. What say you?

eastsidemav
eastsidemav Dork
6/13/13 12:44 p.m.

I don't think I'd pay more than 3K for a PCX125. I'd say they are in a relatively weak negotiating position, since the engine was upgraded pretty quicky after it was released, but then, I haven't bought a new bike in a while.

Cheapest new one I saw on Cycle Trader was listed at $2594, for sale in TN. After tax and fees, I'd assume it'd be around 3K. A whole lot of them advertised around 3200-3400. A lot of delusional powersport dealers out there...

Slippery
Slippery GRM+ Memberand Reader
6/13/13 3:53 p.m.

I would go in and offer $2900 otd, if they dont go for it then leave them your phone number and go home and wait for the call

They might counteroffer you and put you close to $3k

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