How many of you really like buying a new motorcycle? I don’t mean having a motorcycle or riding it, I mean the actual process of buying one. Some companies and dealerships are far better than others, just like it is with cars but many of us are not the best negotiators and it’s hard to know if you paid too much.
There are lots of tricks to buying right and the Internet is one of the best ways to get a lot of information before stepping inside the showroom but why aren’t there more buying groups? There are plenty of owners groups but that’s after the fact, why not get a group of riders together who have their mind set on a particular bike, have their money in hand so financing isn’t an issue later and instead of walking in to buy one bike, you all walk in and offer to buy 10 bikes or more. Which method gets the better price? You or a group of 10 or 20? Even if you offer to buy 5, you’ll beat the single purchase every time.
Everyone benefits here, buyers get a great price and dealers sell a lot of bikes. If the dealer makes less per bike, the volume often puts him in a better spot with the company and he can then buy for less or get more cash back or get more of whatever program the companies are running for dealers.
Sport bikes are the natural segment that would benefit most. Their depreciation is highest and most technology sensitive so why not take some of the sting out by paying less up front? Ebay makes it easier to sell on the back end so if you buy right, you could have the bike you want and not have a lot out of pocket over the life of the bike.
The Internet makes communication between potential buyers a lot easier and organizing a buyers group should not be too hard to do so why aren’t more buyers doing this, or is this going on everywhere already? Just curious.
Really curious: The more I think about this, the more curious I am. How many of you, or have any of you, organized any kind of group buy? If you did, how did it work, how many were involved, did you save a lot? Would any of you be interested in doing this?