Purchase negotiations 2014 Deluxe

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Honda is rebating $1500.

I'm working with a dealer who opened as follows:

$11,500 bike
$300 accessories (engine guards)
$300 destination
$250 doc fees
$35 title and tag

$12385 subtotal

-$1500 rebate

$10,885 net before sales tax

Thoughts on counteroffer?

Here's a deal I walked from two weeks ago:

2014 CB1100 DLX MSRP $11899 - Honda Bonus Bucks $1000** (extended from 3/31 to 5/31 2015)

10899 + 350 delivery + 250 paperwork + 7% sales tax

I offered 11300

They countered 11449

I walked.

What this deal boils down to is roughly $10100 + 600 x 1.07 = Dealer's asking price.

I could be wrong but I believe a buyer's market exists for new Japanese and european motorcycles.

Strong dollar vs euro and yen is main reason. Plus what looks like a glut of floor inventory.

I could be mistaken.

**Honda offered 1000 bonus bucks (price cut) on DLX model around 9 or 10 months after late winter or early spring 2014 introduction with an expiration date of 3/31/2015. On April 1st bonus bucks offer was officially extended thru 5/31/2015. Hard to imagine Honda would add back $1000 on June 1st, 18 months after introduction.