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How much deposit for a used bike (dealer)?

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TallPaul_S
Trackday Trickster



Joined: 18 Dec 2013
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PostPosted: 18:34 - 04 Apr 2014    Post subject: How much deposit for a used bike (dealer)? Reply with quote
Gonna be keeping my eye out for a 125 varadero over the the next few weeks, will probably be buying from a dealer, and this will be my first bike purchase.

How much do dealers normally ask for as a deposit to reserve a bike? I'm thinking 10% of the bike price at most? I'm having to borrow the deposit money as I don't get paid for another couple of weeks but want to be able to jump on any decent nick bike that pops up locally.

Thanks! Very Happy
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Nobby the Bastard
Harley Gaydar



Joined: 16 Aug 2013
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PostPosted: 18:44 - 04 Apr 2014    Post subject: Reply with quote
Deposit on a 125 varadero? About 20p...
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Nexus Icon
World Chat Champion



Joined: 26 Aug 2010
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PostPosted: 18:54 - 04 Apr 2014    Post subject: Reply with quote
Offer them £100 but they'll probably ask for 10%, yeah.
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Yaka
Borekit Bruiser



Joined: 11 Nov 2013
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PostPosted: 19:26 - 04 Apr 2014    Post subject: Reply with quote
i got my vara from a dealer was told £200 would secure it.
i did'nt put a deposit down tho paid cash and got bit of discount, and some freebies.
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Rogerborg
nimbA



Joined: 26 Oct 2010
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PostPosted: 20:07 - 04 Apr 2014    Post subject: Re: How much deposit for a used bike (dealer)? Reply with quote
TallPaul_S wrote:
I'm having to borrow the deposit money

If you're pov, why plan to pay a dealer premium?

The best deals can be got by having your whole budget to hand, in cash, and swooping like a ninja-snake-hawk on the right private sale the instant it comes up.
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TallPaul_S
Trackday Trickster



Joined: 18 Dec 2013
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PostPosted: 20:25 - 04 Apr 2014    Post subject: Re: How much deposit for a used bike (dealer)? Reply with quote
Rogerborg wrote:
TallPaul_S wrote:
I'm having to borrow the deposit money

If you're pov, why plan to pay a dealer premium?

The best deals can be got by having your whole budget to hand, in cash, and swooping like a ninja-snake-hawk on the right private sale the instant it comes up.


Oh I know, and most of the 'deros for sale are private, but I won't really be able to look at bikes week days unless they're local, and of course there's the extra little bit of piece of mind buying from a dealer with some comeback, a few months warranty etc.

Seen a few private varaderos for sale around the £1300 mark but I would have thought they get snapped up pretty quickly.
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Rogerborg
nimbA



Joined: 26 Oct 2010
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PostPosted: 21:40 - 04 Apr 2014    Post subject: Re: How much deposit for a used bike (dealer)? Reply with quote
TallPaul_S wrote:
of course there's the extra little bit of piece of mind buying from a dealer with some comeback, a few months warranty etc.

Of course.

https://i60.tinypic.com/v8pz6x.gif

Private sale 'Dearos in good condition do get snapped up quickly. Worn out hacks get traded in to dealers, punted straight onto the forecourt, and that's the ones you'll be buying.

Think how much you could spend on fixing or maintaining a bike in lieu of that £500+ dealer premium. You're literally betting that the dealer bike has more than that needing done to it and that they'll do it without giving you the Victor Devine treatment.
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike
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janner_10
World Chat Champion



Joined: 26 Sep 2011
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PostPosted: 23:38 - 04 Apr 2014    Post subject: Reply with quote
Roger speaks the truth - the dealer warranty isn't worth the premium. When its crunch time - the warranty doesn't cover it anyway.

Scan local ads / ebay - turn up with cash and your away.
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Baffler186
World Chat Champion



Joined: 31 May 2013
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PostPosted: 13:21 - 05 Apr 2014    Post subject: Reply with quote
I put £100 deposit down on a £2300 bike, no probs. dealer also put new back tyre on for free, as it was an advisory on the mot they'd just done.
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Old Thread Alert!

The last post was made 11 years, 308 days ago. Instead of replying here, would creating a new thread be more useful?
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