No Monkey for now

[VLJ_imp]

The scenario Olyrider described there is 100% correct. The thing many people fail to realize is that sales of new vehicles is not the bread and butter of most dealerships. Rather, it's the profits derived from the parts department, and, especially, the service department. In the age of the internet customers often arrive at the dealership armed with the true invoice cost including dealer hold-back on their new car or motorcycle, so the dealer often doesn't make much on the sale of new vehicles. This is not the case, concerning parts and service. That's where the dealership makes its money, along with the "back end" profits (tacked-on interest-rate points on financed deals, product warranties, GAP insurance, etc.) provided by the F&I (Finance and Insurance) department.

As one of our sales managers likes to describe it to customers during price negotiations, "See the size of this building? See how much larger the service department is? That should tell you all you need to know about where the money is being made in this operation, and it ain't in the sales department."

[dbarkdoll_imp]

Reading all this makes my head hurt and very glad that I buy used stuff.

[Roper_imp]

My father-in-law owned a small Ford dealership. The profit margins on vehicles was not nearly enough to pay salaries. They made all their money through extended warranties and financing costs.

When I bought my bike new from the dealer, I got the OTD price I wanted by purchasing a service contract for $600. It included all scheduled maintenance and discounts on other service for three years. In hindsight, it seems like that was a mistake, because we moved out of state the next year. Plus, scheduled maintenance isn't that hard to do yourself. Having read the comments on this thread, I realize that may have been most of the profit they made on that sale. And it was still less than 10%.

[GoldOxide_imp]

Incredibly, most Japanese motorcycles (and especially Honda) have been so reliable over the many decades that warranty is almost a print formality for the company. That said, one might think that if the company was that confident of their product that they would offer more than a one year warranty on the [Canadian] CB1100. Some Italian brands offer two years, and I think some Kawasaki models offer or did offer three years. So maybe there is hope.

[alprider]

warranty ?

2 year of course (like most products here in my place)

and 3 years for VFR 1200-Serie
https://www.de.honda.ch/motorcycles/owne...ranty.html



one time i heard something like: for example for USA is the quality not that high bcos this waranty shorter or price lower....the laws or requirements are not so strict for this or the material so cheaper is used

.true ? i dont know..

.

[Cormanus]

The CB1100 had a 2-year warranty in Australia when it was sold here.

Some Korean and Japanese cars are now sold with 5-7 year unlimited kilometre warranties.

[LongRanger_imp]

It's marketing and brand positioning, nothing more. My VW Passat came with a 10-year unlimited drivetrain warranty. That car was in the shop more often than I care to remember.

[Paris_imp]

My father-in-law owned a small Ford dealership. The profit margins on vehicles was not nearly enough to pay salaries. They made all their money through extended warranties and financing costs.

When I bought my bike new from the dealer, I got the OTD price I wanted by purchasing a service contract for $600. It included all scheduled maintenance and discounts on other service for three years. In hindsight, it seems like that was a mistake, because we moved out of state the next year. Plus, scheduled maintenance isn't that hard to do yourself. Having read the comments on this thread, I realize that may have been most of the profit they made on that sale. And it was still less than 10%.

I just bought a late model Mini. Being familiar with BMW Minis, I was very interested in purchasing an extended warranty. Oddly, the dealer was hardly interested in the subject. The salesman gave me a print out offering an extended five warranty covering pretty much everything for 3.5K, and moved right on to something else.

[GoldOxide_imp]

Hmm, maybe you were judged by your appearance? I kinda get the same attitude when I walk and gawk at a Ducati and Motorad BMW dealerships. I feel they don't take me seriously based on my appearance. (they are probably correct) Probably doesn't help that I wear Triumph gear.

[LongRanger_imp]

Called another local dealer who is advertising Monkeys on eBay. Since they aren't disclosing their fees in their listing, I was curious. $450 delivery, $390 documentation, and "3 hours labor to assemble the bike," which is another $375. Really, they come unassembled in a box?! Get real!