04-22-2018, 07:26 AM
(04-22-2018, 06:34 AM)Stichill_imp Wrote: If the asking price of the CB1100 is $6500 and the cash down is $4000 then the offer on the trade is actually $2500 right? The 700 is worth $4000 low retail so the convenience premium is $1500 which is paid to the dealer for his trouble to unload the 700.
I'm not sure what the market is like where the OP is but around here I would take that deal all day.
The used bike market is terrible, you would end sitting on the 700 forever if you could sell it at all. Some dealers won't even take certain bikes on trade.
