First time looking to buy a new motorcycle and need some advice. A dealer in Connecticut is offering a New 2014 CB1100 Standard:
Bike - $7800
Destination - $600
Prep - $200
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Total $8600 (not including tax/reg)
I was thinking $7,500 was fair but not really sure. Any input would be great. I understand the dealer needs to make their money but this is a 2 year old bike now.
(05-11-2016, 04:41 AM)nine876_imp Wrote: [ -> ]Is the dealer factoring in the Honda Bonus Bucks offer in the $7800 price? If not, $6800 with the promo applied would be a great price.
Good luck!
Look under Current Offers:
http://m.powersports.honda.com/model/str...ected=true
He is including the bonus bucks.
On the one hand, it is a two year old bike and maybe the dealer should want to move it off his floor. On the other hand, it's a limited production bike (as it turned out) and the specific bike IS new (as in, not used), so maybe it's not a bad price. I'd say that if you think it's a good price, then it's a good price. It's a lot cheaper than I paid for my new 2013 and that was in 2013.
Probably about $800 too high. A quick search on Cycle Traders shows quite a few dealers across the nation with a starting price of $6999 before shipping and prep. You could use these prices for negotiating if you are willing to drive for one.
Thank you for the replies. I think ultimately $7,500 is fair. Maybe not the best deal, certainly not the worst. All my stressing over $500 is taking away from riding time!
Sounds like you've made up your mind
like EmptySea said, if you think it's a good price, then it's a good price.
congrats!
Truly, the price you pay won't matter in a year from now. If it's the bike you like, make your best deal and buy it.
For what it's worth, my $0.02 is $7500 OTD too. I'm with roninmo....based on all my searching ( which I spent WAY too many hours on.) and was willing to travel a ways to buy. All that said, I ended buying used (+/-3400 miles 2013 Red Rocket for $6300.) Just hoping that gives you some perspective. Good luck. Jump off the diving board, I did recently and think it's way worth it!
The price is right for the area. Here on long Island a dealer has one for 7790.00 the destination and prep fee can be negotiated. Ask them to cut fees in half. Even if you pay his full price it's still good. I paid around 8000.00 last year plus 300 in fees approx
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If you really want it and they had it two years they should be willing to waive most of those fee's
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