Around here are manufacturing the scrambler 800, now will start manufacturing/assembly the Multistrada 950 and then the. 1260…..they make it at the Volkswagen Factory…..”but it is sold at a European price”
You're selling your bike, you're moving on, what NEXT ?
- Thread starter ~TABASCO~
- Start date
Dirt_Dad and I were at Romney Cycles today to present the (>$4,000!!!) checks from CampNRide to The Potomac Center so I asked about prices on a new 1200 Tiger Rally Pro. To compare with your dealer’s price of $26,858.24, below are out the door on three which are in stock at Romney. (Ask for George)
White $20,807
Black $21,007
Matt Green. $20,507 (The one in your estimate)
These prices include $1,000 factory incentive money.
And include the luggage set.
And include a heated seat.
The only things not included would be your State tag and title fee ($10?), trauma service fee ($50), and any other accessories. For some reason they can’t finance a Mississippi vehicle so you’d have to arrange that to be sent by wire.
fwiw - I bought my crash bars from HEED in Poland, they arrived in 6 days, were easy to put on, and cost less than OEM.
White $20,807
Black $21,007
Matt Green. $20,507 (The one in your estimate)
These prices include $1,000 factory incentive money.
And include the luggage set.
And include a heated seat.
The only things not included would be your State tag and title fee ($10?), trauma service fee ($50), and any other accessories. For some reason they can’t finance a Mississippi vehicle so you’d have to arrange that to be sent by wire.
fwiw - I bought my crash bars from HEED in Poland, they arrived in 6 days, were easy to put on, and cost less than OEM.
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Boris
Well-Known Member
What’s the Trauma service fee. Is that USA wide?
Some States add an emergency medical services fee for motorcycles.
And what is that money used for? In my opinion people driving a car or semi are more a hazard to motorcyclists than the other way around.
scott123007
Well-Known Member
Statistically, motorcyclists are more harmful to themselves (single vehicle wrecks) than cars or other motor vehicles colliding with them.
Years ago when I went to insure my FJ12 with State Farm, they were going to charge me $444 for liability insurance on the bike. I was only paying $250 for my 1/2 ton Chevy truck. When I questioned the difference, I was told that motorcycles are dangerous.
They never understood my WTF. They were stuck on bikes being dangerous. Progressive charged $99. Yup. And I have to think that motorcyclists in MS don't have health insurance, and the fee must be a temporary policy or something similar. 'Cuz $50 isn't going very far towards a medical bill.
cyclemike4
Well-Known Member
Years and years ago I loved the CR 500s. I had a 480 as well. They all shook like a L.A. earth quake all over but DANG what a ride. When I was young I never slowed down enough to even worry about vibrations. Can you say adrenaline? Not sure I would pick one of those to play on these days but I still love the things. My YZ 250 is too much for me any more. haha.
From a 2009 Goldwing post:
"
As I work in a trauma center, perhaps I can clarify. This is nothing more than a risk tax. As you can surmise, this state ranks among the poorest in the nation. This means low to no health insurance and little to no vehicle insurance. When operators of these vehicles present in the ER and trauma ICU's, their care can exceed 250K with no payment to the hospital. Believe it or not, off road motorcycles and ATV's constitute the majority of our non-automobile related traumas. Many times in my ICU, we have had more ATV crashes than autos. Sadly alchohol is involved most of the time.
Mississippi provides a subsidy to many hospitals to keep their doors open. With so much self pay and no pay,,, they could not survive. This is simply their way to collect some $$ to offset the bad debt many of those hospitals find themselves drowning in. It's a sign of the times, our pockets are prime targets now,,, all the other resources have been hit
"
And from https://www.law.cornell.edu/regulations/mississippi/15-Miss-Code-R-SS-3-1-1.3.3
1. Funds for the administration and development of the Trauma Care System will be budgeted from available funds from the TCTF. Examples of administrative and development costs include, but are not limited to, salaries and benefit costs for personnel (full-time and part-time equivalents) who expend a portion of their time in trauma care administration and/or development, travel and training costs for such personnel, use of trauma care physicians and/or other trauma professionals used in the development and/or maintenance of the trauma care system, development and/or maintenance of accounting and auditing of the use and distribution of the TCTF, costs of vendors involved in administrative and educational activities and the costs associated with the development and/or implementation of the Trauma Care System (i.e., telecommunication systems, data storage and/or retrieval systems, advertising, equipment, etc.)
2. Eighty-five percent (85%) of the remaining funds from the TCTF are allocated to participating Level I, II, and III Trauma Centers and Burn Centers which shall further allocate at least thirty percent (30%) of the funds received to eligible physicians.
3. Fifteen percent (15%) of the remaining funds from the TCTF are allocated to eligible licensed ambulance services that provide pre-hospital care to trauma victims.
"
As I work in a trauma center, perhaps I can clarify. This is nothing more than a risk tax. As you can surmise, this state ranks among the poorest in the nation. This means low to no health insurance and little to no vehicle insurance. When operators of these vehicles present in the ER and trauma ICU's, their care can exceed 250K with no payment to the hospital. Believe it or not, off road motorcycles and ATV's constitute the majority of our non-automobile related traumas. Many times in my ICU, we have had more ATV crashes than autos. Sadly alchohol is involved most of the time.
Mississippi provides a subsidy to many hospitals to keep their doors open. With so much self pay and no pay,,, they could not survive. This is simply their way to collect some $$ to offset the bad debt many of those hospitals find themselves drowning in. It's a sign of the times, our pockets are prime targets now,,, all the other resources have been hit
"
And from https://www.law.cornell.edu/regulations/mississippi/15-Miss-Code-R-SS-3-1-1.3.3
1. Funds for the administration and development of the Trauma Care System will be budgeted from available funds from the TCTF. Examples of administrative and development costs include, but are not limited to, salaries and benefit costs for personnel (full-time and part-time equivalents) who expend a portion of their time in trauma care administration and/or development, travel and training costs for such personnel, use of trauma care physicians and/or other trauma professionals used in the development and/or maintenance of the trauma care system, development and/or maintenance of accounting and auditing of the use and distribution of the TCTF, costs of vendors involved in administrative and educational activities and the costs associated with the development and/or implementation of the Trauma Care System (i.e., telecommunication systems, data storage and/or retrieval systems, advertising, equipment, etc.)
2. Eighty-five percent (85%) of the remaining funds from the TCTF are allocated to participating Level I, II, and III Trauma Centers and Burn Centers which shall further allocate at least thirty percent (30%) of the funds received to eligible physicians.
3. Fifteen percent (15%) of the remaining funds from the TCTF are allocated to eligible licensed ambulance services that provide pre-hospital care to trauma victims.
cyclemike4
Well-Known Member
Speaking of what you are moving to next, the last few days I have been riding my FJR1300. I cleaned old fuel out of the tank and did some repairs to the fuel pump and took it out for some miles. I absolutely love that motor! As a matter of fact it is the only fuel injected motor car truck or bike that I have ever owned that I liked better than my old carb stuff. That bike just runs right. It idles right it is strong from idle to top and pulls so linier all the way up the rev range. It is easier to manage in slick conditions than my Super T motor. If Yamaha made a Super T that ran like that I would be the first in line to get it.
SuckSqueezeBangBlow
Well-Known Member
Borrow to invest, pay cash for your toys. No point in paying more for an item that is going down in value, that just makes no sense. You argue and haggle to get the price lower and then spend double that in interest anyway.
lund
Well-Known Member
Very true, people involved in power sports in general are their worst enemies and manufactures are in the background pushing it.
Unfortunately no one is man enough to take responsibility for stupidity so a med tax is imposed on purchase. IMO, that is backwards thinking and nothing more then a money grab.
Nothing beats mandatory educational training before even being able to purchase. Thank goodness we don't have such a grab from the government here but don't give them any ideas we have enough tax grabs in Canada.
Like they say, "a free for all is always a shit show"
lund
Well-Known Member
When buying a new motorcycle paying cash is not the best way to get a deal, in fact its the worst way and unlikely to get the best deal.
Here is why, all dealers are subject to the manufacturing price cap, they can sell for less but cannot for more then the price cap set by the manufacture. This means the profit margin is low and there are very little incentives to deal with cash.
The best way is by using the dealers financing program, each dealer will have multiple options at their disposal in using a finance. Their #1 option gives them the most cash incentive kickback, while their second option may not and down the line it goes.
By doing a finance you now have negotiating power because the dealer is receiving financial compensation through the kickback and will be willing to deal with the buyer, unknowing about the kickback.
I have seen kickbacks on SXS. ATV's and motorcycles as high as $5,000 depending on the borrowing by the buyer, so its not uncommon for a dealer negotiating a deal $1000-$1500 off the going price. They still make a good profit from the kickbacks, but not so with cash.
But here is the catch, you must never sign a loan that is locked, majority are not and have no penalties for paying early. If it does, refuse it. When financing, the first 30days must go through and the first payment must be done. The day after the first payment goes through now you pay the balance in cash.
That is the best way to get the best deal at a dealer, don't ask how I know LOL.
Everyone is happy, the dealer makes good money, the buyer gets a deal and the finance company get 'F'ed" on that one out of many others that they make a killing on.
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Wow what a different world. The best deals I do are cash in hand.
lund
Well-Known Member
No body will give you a deal if they are not making money, why would cash give more buying power today, it doesn't. At the end of the whole deal if the dealer is not making the profits needed he will not be around.
I have had bank agents come into my office with some pretty amazing dealer programs and they are all trying to get my business.
SuckSqueezeBangBlow
Well-Known Member
That really depends now, if you get a loan that has to be registered, at least in Ontario it does, and there is a charge for that. For every vehicle I have bought in the last 5 years I always ask if they would prefer it if I finance or pay cash and they have always said cash is the better deal.
My point is the same though, you finance to get the best deal and, like you said, just pay it off 31 days later. But have the cash available to do that.
I think that the issue of "paying in cash or on credit"...is related to, how you receive the money that you are willing to spend on a motorcycle?...if you have the money saved that you received as a "salary", it will always be better business pay "less" paying in cash ... but if the money saved, that you have it because you earn it "investing money" (in whatever: build, buy and sell, provide a service, etc.) ... there you will have to observe that if you invested the money in your business and you can generate more, than the interest they charge you for financing the motorcycle….then, it is more business to buy it on credit, and than the investment of your money, pay the interest on the motorcycle... and leave something else for you
In my country the interest rate for financing is 100% annual…and a very few business give that annual rate, them, is better pay in cash.
Edit: And if you want something, and you don't have the money, but you can pay the monthly fee(with interest)… then, financing is the only way to satisfy your desire
In my country the interest rate for financing is 100% annual…and a very few business give that annual rate, them, is better pay in cash.
Edit: And if you want something, and you don't have the money, but you can pay the monthly fee(with interest)… then, financing is the only way to satisfy your desire
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Well, 50 bucks a bike isn't going to go very far.
It’s Mississippi and notice that also applies to quads, ATVs, side by sides, and pretty much everything else not a car or truck. Using West Virginia as a reference I bet those out count motorcycles by a lot.
Lund is absolutely right many times and I’ve played that game. Check there is no early repayment penalty, use their credit to get a new car or truck home, then transfer money into the checking account to pay it right away.
Interesting to read the differences in your other countries.