A Sierra cossie was £27k list in 1995. Granada ended in 1998 so I'll assume it's prior to that. Just find it interesting that a normal car could cost that much back then. I started with ford in 2002 and Mondeo even in ST format or Ghia was nowhere near that price. Even today a titanium x sport mondeo is only 30k. Just shows how cheap cars are nowadays then. Ps no ford is £43k yet. Mustang will be but that's not out yet.
I'd never considered the PCP route, but it does start to look more attractive. However the best deals are usually offered on the less attractive bikes or overstocks they want to shift. I use my bike to commute almost everyday and therefore the milage is too 'high' for some people if you are selling privately. Having had almost everything replaced under warranty on my bike I'll probably keep it for another year, let them sort out the new model niggles, and then look at changing.
New models will always come along and impact previous models, you can't stop that and Ducati are in the business of selling new bikes only after all, they don't make a secondhand bike! If you worry about depreciation on a new bike then don't go near a new bike deal, everything loses money more the first couple of years and it then moves more to condition and mileage etc. The PCP route gives you an option to have a new bike pretty cheap and also gives you more leverage over the dealer if you want another new bike. Unless they offer a decent deal then you can walk away. I took my PP on PCP as I wanted some credit history and I'm glad I did now as aside from the deposit which I really just took as a lost sum to get on the bike, I now think of the modest monthly payment as a rental and I can get out at the end with no hassle. If they want me on a new PP variant at that point, then a deal can be struck and I've got some bargaining power. There is plenty of stock about of current MTS bikes, P&H have quite a few I saw inc PP models. Combined with winter slowing the market and potentially a swell of trade-ins against the new model, I wouldn't expect to command a great price at this point on the outgoing model, even if you have rubbed Nivea for Men on to the tank nightly and it's your pride and joy.
Another story, I had a Landrover Defender, a great Tomb Raider special edition on a private Tomb Raider plate with extra wheels and all sorts of goodies. I had about £15k in the car with my purchase costs and bits. It was low mileage and I'd had it for a couple of years with no expense spared to keep it pretty pristine. The dealer offered me £3.5k When I pointed out the same cars going for about £12k with higher miles he just shrugged and pointed out he needed to make a profit. People don't seem to realise the dealer isn't trying to make a few £100s on a bike or car, he wants a few £1000s, even on a modest sale if they can. With Porsche they love nearly new as they use the VAT excuse to offer a trade in at bare min 20% less then sell the car at a price almost bang on list as the car avoids a lengthy waiting time for a new car. On nearly new 911's they probably make £20k plus on low mileage secondhand car about 6 months old.
I can only get one to 41k on the current model without bits that clash. New model will be a different story though when that comes. Still wouldnt like to order one of them. Bet itd be worth 15k once the wheels hit the tarmac.
For what it matters, I got the online configurator to £42k and change. I'd like to think that Ford knew what they were doing and wouldn't allow config conflicts, but then my dealer experience with the GF's Fiesta would indicate otherwise!
Back on topic, I had a similiar conversation with the dealer I bought my May '13 MTS from, and he also said that mine has high mileage @ 10,500 miles ! Think I might wait until 2016 to change (when all the hype has died down).
Dealers offer a service. If you not happy with a value of a px then try another dealer or sell it private. If they all come back at a similar figure then that's it's true worth in the trade. They will always talk the px down to convince you of its faults. It's nothing new.
...that's a very quaint story, the grand children will have to be 40yrs old before they can get a licence to ride it!
Back on topic.....Moley go in the garage take a long look at your Multi with 'skyhook' suspension and a Termi .....it's a brilliant bike, yes yours, it's the best bike currently on the market! Ride it .....fast and safe....it will take your mind off everything else. Have fun. Vj
I remember the same type of thread when the 899 was released,848 owners were a bit pissed off, dealers over stocked ect and it was true for the first few months then things settled down after the initial rush for the new bike,i dont remember dealers showrooms being full of cheap 848's.Remember the dealer only pays vat on the profit from a new bike so the vat argument is a bit lame.
PCP is fine as long as you don't do more than 5000 miles a year. Otherwise the rate goes up. The cost of components you quote is not a factor since a bought outright bike will have a two year warranty, extendable to three. PCP is good if you can get a very low interest rate and keep the cash you might have paid invested somewhere worthwhile (stock-market might be the place) to offset the payments. You need to do the maths carefully if you have a choice. I fear the rate on the new Multi will be quite high.
[QUOTE If you worry about depreciation on a new bike then don't go near a new bike deal, everything loses money more the first couple of years and it then moves more to condition and mileage etc. The PCP route gives you an option to have a new bike pretty cheap and also gives you more leverage over the dealer if you want another new bike. Unless they offer a decent deal then you can walk away. I,ve been looking at the PCP deals on Ducati,s website. Don't know much about PCP but crunching the numbers it doesn't add up? Trioption for the std MTS a. deposit £3245.25. 35 payment of £135, 1 payment of £175 + £240 fees Total over 3 years = £8385.25. Just to rent a bike in effect, that's nearly 2/3 the cost of the bike new at £12985. Am I missing something, do you just hand the bike over after 3 years and start again or sell the bike back to them at a set price. I am looking at this as an option for my next bike but would rather buy it outright, least after 3 years it would still be worth something, let's say £7000. Need convincing this the road to go dowN.
I dont know why you would blame the sales guy.His job is to make profit for the company and shareholders. Nothing more or nothing less. Thats why they pay them a commission to sell their product. You wouldn't pay Ronaldo his wages and ask him not to wear boots to "make it fair". I bought a first gen 2010 Multi, lost faith (and a shit load of cash) on it.Moved on and now have 1190 R that burns my ass every time I'm on the thing. Selling it with 1600 miles. Bought it for £12500 a year ago. Books at £8500. Bikes have turned into cars....updated bodywork every couple of years and the "old" model suddenly drops in value. You either live with it or buy second hand. BTW..I miss my Multi and LOVE the look of the "new" one. The online community is also today an important part of ownership and this has always been one of,if not THE bet.
Not quite the full deal Franksie. I have an offer card that has virtually the same figures as you quote above but in addition there is a 'Final Repayment' amount of £6,242.00. You have a choice of either paying this and keeping the bike making the total cost £14,387.75 (Against a cash price of £12,983.00). So it will have cost you £1,404.75 to buy it over three years rather than up front. Alternatively you hand the bike back to the dealer and walk away. I think I have that correct after chatting to a dealer a few weeks ago but check it out to be sure.
SO you expect a cheque BACK? Think about it. How on earth can that happen. U owe them the £6242. You pay the deposit, and then the monthlys. U owe the final payment. Eitehr pay it to keep the biike or hand it back to walk away without owing anything.
