BigGuppy
Elite Member
I want to give a "buying experience report" for my local market A lot of what I encountered surprised me. I hope this report will inform future buyers.
Area: NY/NJ area (with a bit of PA)
Time: Summer 2017 (specifically June)
Bike: NC700x DCT
Customer: White Male, Mid-40s
Best Dealer Price: 2016 NC700x DCT with 0 miles -- sticker $6788; total out-the-door $8410
Too Long, Didn't Read (TL;DR): Test rides weren't offered on new bikes, only trade-ins; very few trade-in DCTs, and no NC700s; off-year bikes considered new; bikes could be in stock but not built; only discounts offered were Honda discounts; dealer fees added $825 on top of sticker price and were non-negotiable.
When I was shopping in June, I figured would go in to the dealership that had advertised the bike I wanted and:
I visited four dealerships in NJ and one in PA. Here's what I found this summer:
I learned a lot and I'm happy I survived the process. I also wound up getting a great bike from a private seller down in Washington DC late in June.
Attached is the best dealer sales quote I got here in NJ in June 2017:
I hope this helps people. Comments welcome. Have your own buying info handy? Post it here!
BigGuppy
Area: NY/NJ area (with a bit of PA)
Time: Summer 2017 (specifically June)
Bike: NC700x DCT
Customer: White Male, Mid-40s
Best Dealer Price: 2016 NC700x DCT with 0 miles -- sticker $6788; total out-the-door $8410
Too Long, Didn't Read (TL;DR): Test rides weren't offered on new bikes, only trade-ins; very few trade-in DCTs, and no NC700s; off-year bikes considered new; bikes could be in stock but not built; only discounts offered were Honda discounts; dealer fees added $825 on top of sticker price and were non-negotiable.
When I was shopping in June, I figured would go in to the dealership that had advertised the bike I wanted and:
- see the bike there
- listen to a salesperson that knew more about the bike than I did
- test drive the bike
- hear up front how much the dealer was willing to negotiate, and
- pay right about the sticker price, after negotiating down and then adding back tax.
I visited four dealerships in NJ and one in PA. Here's what I found this summer:
- no one allowed test rides of new bikes, and "new" bikes included earlier model years that were unsold. Even three years old (big surprise)
- the main used cycle store (Cycle Exchange) didn't offer test rides of USED bikes (insurance risk)
- Honda dealerships DID allow test rides of used trade-in bikes. I was able to test ride a used CTX700 DCT, which was crucial in feeling comfortable with moving forward with a DCT
- I wasted a lot of time driving to different showrooms looking at identical, unsold bikes. It was like driving to different Apple stores and seeing identical iPads. The whole trip to the showroom involved looking at a bike, sitting on a bike, asking questions, and that's about it.
- Sometimes the bike wasn't on the floor; the salesperson would admit it was still in a crate in a warehouse. Calling would have prevented this, but I wonder if I would have been okay asking them to build a bike I was unsure of buying
- No one was able to tell me much about this motorcycle I didn't already know, especially the DCT part. This was just one of a LOT of models in the showroom.
- Prices were not negotiable anywhere I went, for the bikes I was looking at (earlier model year NC700x DCTs)
- Dealer fees were also non-negotiable. Once I accepted there was going to be ~$825 in fees not shown in the sticker price, I had a calmer sense of a real out-the-door price.
- The price discounts I did find were reportedly Honda's that were being passed along to me in the sticker price.
I learned a lot and I'm happy I survived the process. I also wound up getting a great bike from a private seller down in Washington DC late in June.
2014 DCT with 5,750 miles - sticker $4900 , Final $5846
(with center stand, heated grips, madstand windshield, and Givi cases. Needed new tires to pass inspection.)
Sticker: $4900
Tax: $435 tax
New tires: $400
Inspection: $6
Docs and reg: $105
Total: $5846
(with center stand, heated grips, madstand windshield, and Givi cases. Needed new tires to pass inspection.)
Sticker: $4900
Tax: $435 tax
New tires: $400
Inspection: $6
Docs and reg: $105
Total: $5846
Attached is the best dealer sales quote I got here in NJ in June 2017:
2016 DCT with 0 miles - sticker $6788, Out-the Door $8410
Sticker Price: $6788 ($1311 Honda discount off $8099)
Freight:$399
Prep:$299
Docs: $124
Subtotal: $7610
Sales tax: $675
Reg: $125
TOTAL: $8410
Sticker Price: $6788 ($1311 Honda discount off $8099)
Freight:$399
Prep:$299
Docs: $124
Subtotal: $7610
Sales tax: $675
Reg: $125
TOTAL: $8410
I hope this helps people. Comments welcome. Have your own buying info handy? Post it here!
BigGuppy
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