Anybody know what percent markup there is in a new Ultra Classic
#1
Anybody know what percent markup there is in a new Ultra Classic
While it's easy to find out the markup in cars it seems to be alot more difficult on bikes. Anyone know the percent of mark up on an Ultra Classic? I would think it would be at least 10 to 12 percent. Also what percent do the dealers get back on the left over new 2010 models at the end of model year.Car dealers use to get 5 percent kick back at model change time.That may have changed since I have been out of the business for a number of years. Thanks for your comments.
#2
#3
There is no mark up, haven't you seen the stock reports, they lose money on every one they sale. LOL couldn't help it....... unless its a left over model to be found soon, you'd be lucky just to save freight and set up, along with a store credit. Who knows with the reduced production they might hold there line and drive up the used bike value??
#4
the only recommendation i can offer is to shop around. if you can't find the price you feel comfortable with, there are many other harley dealers. some tend to think that you'll have a tough time getting your bike serviced at a dealership if you didn't buy it from that store. that's a bunch of hogwash. try kansas city, st louis, even joplin. i know there are a lot of nearby dealerships to your area. if you can find what you're looking for at the right price a few hundred miles away for a thousand bucks less, then perhaps the local dealer will either match their price or you can catch a ride to get your new bike. in the next few weeks the sales departments will become pretty aggressive with selling off the remaining 2010's because the 2011's are coming out in a month or so. for example if i can buy a new dodge ram truck for 5 grand less in chicago than i can get it for in tulsa, i'm booking a flight to chicago.
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While it's easy to find out the markup in cars it seems to be alot more difficult on bikes. Anyone know the percent of mark up on an Ultra Classic? I would think it would be at least 10 to 12 percent. Also what percent do the dealers get back on the left over new 2010 models at the end of model year.Car dealers use to get 5 percent kick back at model change time.That may have changed since I have been out of the business for a number of years. Thanks for your comments.
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#8
Knowledge is power... knowing the actraul cost for the dealership has helped me buy several vehicles for signiificantly less... why would it be any different for Motorcycles? I don't mind paying a resonable amount of money to a dealer but there are deals that can be made if you know what you are talking about.
#9
Dealer Markup
I know a engineer that use to work for Harley..He said dealer markup is 40% on bikes..
Even though you know the mark up, doesn't mean they have to give you a discount.. I told this to my local dealer and he didn't deny it..He still wouldn't come off msrp, so i went 30 miles south and they came off sticker $1000.00 and half for prep/ship which gave me a total savings of $1400.00
Even though you know the mark up, doesn't mean they have to give you a discount.. I told this to my local dealer and he didn't deny it..He still wouldn't come off msrp, so i went 30 miles south and they came off sticker $1000.00 and half for prep/ship which gave me a total savings of $1400.00
Last edited by bikerick; 07-12-2010 at 04:44 PM.
#10
I know a engineer that use to work for Harley..He said dealer markup is 40% on bikes..
Even though you know the mark up, doesn't mean they have to give you a discount.. I told this to my local dealer and he didn't deny it..He still wouldn't come off msrp, so i went 30 miles south and they came off sticker $1000.00 and half for prep/ship which gave me a total savings of $1400.00
Even though you know the mark up, doesn't mean they have to give you a discount.. I told this to my local dealer and he didn't deny it..He still wouldn't come off msrp, so i went 30 miles south and they came off sticker $1000.00 and half for prep/ship which gave me a total savings of $1400.00
I think 40% is accurate for parts and clothing but not for bikes. There is no way a 40% margin would hold for long. If there was that much, you would see more dealers cutting bigger deals. For example, if the bike MSRP was $20K, 40 points would make invoice be $12K. You have to know how to figure mark up.
I think 10 to 12 points is more realistic between invoice and sticker. That is why you see dealers holding MSRP more, thats only $2K profit on a 20K bike. JMHO