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A DOZEN NEW 2014 STANDARDS
#31
I think some of the dealers who quote a really low sale price add more in fees that they don't tell you about until you are ready to buy. Some of them even charge over $100 to fill out the paperwork on a sale!

I think when dealers advertise a price it should be required to include everything except TTL.
Oh, and another thing about dealers advertising prices that don't include any fees that they add. It hurts resale values of used bikes of the same type.

People see a new CB1100 advertised at $5999 at a dealer and don't realize that there will be $1000 or more added in addition to sales tax and license fees.

Serious and informed buyers like Sorg67 are aware of that, but many guys aren't.

I'll get off the soapbox now...
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#32
(06-22-2018, 03:15 AM)CBRider_imp Wrote: I think some of the dealers who quote a really low sale price add more in fees that they don't tell you about until you are ready to buy. Some of them even charge over $100 to fill out the paperwork on a sale!

I think when dealers advertise a price it should be required to include everything except TTL.
Oh, and another thing about dealers advertising prices that don't include any fees that they add. It hurts resale values of used bikes of the same type.

People see a new CB1100 advertised at $5999 at a dealer and don't realize that there will be $1000 or more added in addition to sales tax and license fees.

Serious and informed buyers like Sorg67 are aware of that, but many guys aren't.

I'll get off the soapbox now...

I agree, however I do not know if dealer fees are subject to sales tax. I suppose that varies from state to state. But if dealer fees are not subject to sales tax then you save some sales tax if you pay $6K plus $1K dealer fees versus $7K plus zero dealer fee.

Regardless, it seems there should be a disclosure requirement as CBRider says. And it may hurt resale value. I wonder how Nada and Kelly Blue Book consider such things when the list their pricing.
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#33
Dealer fees in Colorado are taxable but if he wants to sell the bike badly enough, the dealer will waive the fees. Everything is negotiable.
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#34
Down Under dealers are required to give a “ride away no more to pay” price. You always know what it’s going to cost.
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#35
(06-22-2018, 04:04 AM)Sorg67_imp Wrote:
(06-22-2018, 03:15 AM)CBRider_imp Wrote: I think some of the dealers who quote a really low sale price add more in fees that they don't tell you about until you are ready to buy. Some of them even charge over $100 to fill out the paperwork on a sale!

I think when dealers advertise a price it should be required to include everything except TTL.
Oh, and another thing about dealers advertising prices that don't include any fees that they add. It hurts resale values of used bikes of the same type.

People see a new CB1100 advertised at $5999 at a dealer and don't realize that there will be $1000 or more added in addition to sales tax and license fees.

Serious and informed buyers like Sorg67 are aware of that, but many guys aren't.

I'll get off the soapbox now...

I agree, however I do not know if dealer fees are subject to sales tax. I suppose that varies from state to state. But if dealer fees are not subject to sales tax then you save some sales tax if you pay $6K plus $1K dealer fees versus $7K plus zero dealer fee.

Regardless, it seems there should be a disclosure requirement as CBRider says. And it may hurt resale value. I wonder how Nada and Kelly Blue Book consider such things when the list their pricing.

There may be other issues with sales tax. I live in Florida but bought my bike in NC a couple years ago. Price was "$7500 out the door", with tax to be paid when registered in Florida. So I guess that price included all dealer fees / setup / delivery fees and I was prepared to pay tax on that.

BUT NC dealer wrote up paperwork as "$9500 minus $2000 Honda bonus cash" or some such words.

Local motor vehicle office (Tampa) interpreted that as "you paid $9500 and got $2000 rebate. Therefore you owe sales tax on $9500!"

Took more than an hour, talking with supervisors, phone calls back and forth with NC dealer, before I was a able to convince them I had NEVER given dealer $9500 NOR had I received $2000 cash back. Only after I suggested to dealer's finance person that she call the "bonus cash" a "dealer incentive" did the local bureau relent...
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#36
Interesting - I guess it pays to look at the numbers very closely.
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#37
(06-22-2018, 03:15 AM)CBRider_imp Wrote: I think some of the dealers who quote a really low sale price add more in fees that they don't tell you about until you are ready to buy. Some of them even charge over $100 to fill out the paperwork on a sale!

I think when dealers advertise a price it should be required to include everything except TTL.
Oh, and another thing about dealers advertising prices that don't include any fees that they add. It hurts resale values of used bikes of the same type.

People see a new CB1100 advertised at $5999 at a dealer and don't realize that there will be $1000 or more added in addition to sales tax and license fees.

Serious and informed buyers like Sorg67 are aware of that, but many guys aren't.

I'll get off the soapbox now...

I got what I wanted and watched it come out of the crate.
It was less than MSRP, but not one of the bargains reported on this forum.

Dealer adders are a major item in some states.

In Nevada, at the only dealer where they even knew a CB1100 existed:

"freight" $697.63, ~2X of what Honda publishes
"set-up" $688
"processing" (paper work) $499.99
state sales tax $550.31)
"license" (then I paid fees to DMV) $29.25
totaling $2,015.18

Maybe this will make some feel better about their deal.

Do I feel "ripped off"? Well, the CB is vehicle #50 and most have been good deals...just not likely to win them all. I was absolutely thrilled to learn that new 14 models were still available.

I got what I want, a motorcycle is absolutely NOT an investment and the dealer (handles both Honda and Yamaha) lost $1,000 on my trade in (2018 Yamaha XT250).

If it were stolen tomorrow, and even if insurance did not pay out, it has been worth every penny.
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#38
(06-22-2018, 09:41 AM)SportsterDoc_imp Wrote:
(06-22-2018, 03:15 AM)CBRider_imp Wrote: I think some of the dealers who quote a really low sale price add more in fees that they don't tell you about until you are ready to buy. Some of them even charge over $100 to fill out the paperwork on a sale!

I think when dealers advertise a price it should be required to include everything except TTL.
Oh, and another thing about dealers advertising prices that don't include any fees that they add. It hurts resale values of used bikes of the same type.

People see a new CB1100 advertised at $5999 at a dealer and don't realize that there will be $1000 or more added in addition to sales tax and license fees.

Serious and informed buyers like Sorg67 are aware of that, but many guys aren't.

I'll get off the soapbox now...

I got what I wanted and watched it come out of the crate.
It was less than MSRP, but not one of the bargains reported on this forum.

Dealer adders are a major item in some states.

In Nevada, at the only dealer where they even knew a CB1100 existed:

"freight" $697.63, ~2X of what Honda publishes
"set-up" $688
"processing" (paper work) $499.99
state sales tax $550.31)
"license" (then I paid fees to DMV) $29.25
totaling $2,015.18

Maybe this will make some feel better about their deal.

Do I feel "ripped off"? Well, the CB is vehicle #50 and most have been good deals...just not likely to win them all. I was absolutely thrilled to learn that new 14 models were still available.

I got what I want, a motorcycle is absolutely NOT an investment and the dealer (handles both Honda and Yamaha) lost $1,000 on my trade in (2018 Yamaha XT250).

If it were stolen tomorrow, and even if insurance did not pay out, it has been worth every penny.

We are just finishing a kitchen remodel. Over doing it for our neighborhood. Won't get our money out of it. But we will get our value out if it enjoying it for the next 10 years.

But the process of analyzing the deal is part of figuring out what I really want.

I think I like the red ones best. But I so a really cool looking 2014 standard black that was done in a nice 80's vibe that I like. I could see myself saving the $4,700 and spending some of that on farkling just like I want it.
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#39
Are you including the $1k rebate? In the price down there in Florida?
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#40
It really depends on the dealer. My dealer was asking $8900. This was last October. I told him I had seen them for $6999 on the internet. Two days later he emailed me and agreed to $6999. I paid less than $7500 for the bike and 2 helmets. That was title, sales tax, and the helmets at cost. I also got a test drive before I closed the deal. I like this dealership, even though I had never been in the door before October last year. Make them earn your business!
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