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What Do You Think of The Current Suzuki Deals?

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Delvard
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Joined: 22 Jul 2005
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PostPosted: 14:49 - 28 Aug 2005    Post subject: What Do You Think of The Current Suzuki Deals? Reply with quote

Doing my Das in the next few weeks so have started to shop around for my next bike. Had, on paper decided on a Kawasaki Z750, (£4599) with a a Suzuki Bandit 650S(£4499) as a 2nd choice. Both prices shown are the best I've come across online.
Went into a bike shop today which had both in stock although not at the prices I've shown. Loved the look and seating position of the Kawasaki bu there are no 0% interest deals to be had on this bike like Suzuki are offering for the Bandit. So if I bought the Kawasaki over 3 years it would end up costing about £5150. On the other hand would the residuals be better on the Kawasaki?
The salesman told me they are selling Bandits (and SV650s) like the proverbial hotcakes which to my mind means that in 3 years theres going to be a glut of Suzukis on the 2nd hand market and to boot the trade in value will be awful because Suzuki will want to recoup some of that 0% interest....
Opinions?


Andy Wink
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kal9001
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Joined: 14 Aug 2005
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PostPosted: 16:12 - 28 Aug 2005    Post subject: Reply with quote

Ive just got a SV650S (2 weeks ago) and it was with the Suzuki 0% finance deal they are doing thoughout the UK, bike shop had their own discount on them as well ($4199) plus they had it mis marked at £4099 so i got it even cheaper! shame the insurace cost a bomb with me only being 19 and all...

but the SV is a very good bike, lots of low rev torque, and looks very well made. not had any rattels, anything shakeing or anything yet.
i cant say anything abotu the Bandit as ive not looked at one, but i assume they are like the SV but with more power (with itbeing an L4) but less torqe, also have to rev it higher for the power to kik in. Personaly i prefer to not have to rev the crap out of it to get anywhere fast. will be even better derestrcited Very Happy
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extreme3d
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PostPosted: 16:39 - 28 Aug 2005    Post subject: Reply with quote

Just bought (3 weeks ago) my sv650s from York suzuki on 0% finance. I think the 0% is first class as it means I can actually afford a decent bike Thumbs Up I just don't have £4000 ready cash on hand (plus extra for insurance!) to afford a half decent second hand bike.

As it is, i paid £1000 deposit, then its just £150 a month for two years and thats it.... no big final payment, no restrictions on insurance and oh yes, I got the official suzuki belly pan, seat cowl and hugger thrown in for free. The catch? Yes I did have to pay the full rrp of £4600 but once you work out the cost of the accessories... ( https://www.suzuki-gb.co.uk/access.asp?m=24&l= ).... Smile Smile

According to my dealer the reason for suzuki doing 0% is not so much to boost sales (the SV and Bandit are already top 10 sellers) but because the manufacture is very worried about how many bikers there will be on the roads in 10 years time. There are just not enough young people getting into biking to safe-guard its future at the moment - quite worrying really Neutral

I wouldn't worry about second hand prices to much, it's not just how many are on the road that determines a bike's price, but it's individual condition.

Finally, have you test rode the bandit? I would say it just wasn't playing the same ball game as the z750. The z750 is a pure hooligans machine whilst the bandit has slipped to much down the commuter role to rival it any more.

The SV650s is a hoot to ride and has loads more torque than the bandit and is certainly more fun on the twisties, but is still 30hp behind the Z (hence the SV's group 10 insurance and the Z's 13 Exclamation )
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Nb
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PostPosted: 17:06 - 28 Aug 2005    Post subject: Reply with quote

Ive just purchased a brand new dl650 from stamford superbikes on the 0% deal. If it wasnt for good deals like these i wouldnt be able to afford a decent new bike, or at least i'd be paying more per month on a personal loan. And the bike was already discounted from the rrp, i intend to keep the bike for over 3 years so the deal is perfect for someone like me who is crap at saving. Laughing
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P
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Joined: 14 Jan 2005
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PostPosted: 17:15 - 28 Aug 2005    Post subject: Reply with quote

How good's your credit Andy?

If it's good, a £4,500 loan over 36 months would be £135.90 per month. This gives you a total amount payable of £4,892.40. Which ain't bad.

0% is a gimmick. They just load the interest into the price of the bike and you either pay full RRP or a big deposit up front. If you can, get a loan and it'll give you a much wider choice.

As for you worries about residual value, well SV's and Bandits are, and have always been, very popular machines. Just look at Biketrader to see how many are currently for sale. Being popular doesn't mean they drop like a stone. Just get the best deal you can and look after it well.
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Delvard
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Joined: 22 Jul 2005
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PostPosted: 18:11 - 28 Aug 2005    Post subject: Reply with quote

Brilliant repies from all of you fellas, thanks very much Cool
My credits fine so will shop around for a deal.
On a side note I love reving the nuts of an engine. Owned Honda V-Tec cars up until now and I love having to work the engine, makes you feel so in contact with what you are driving....


Andy Wink
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extreme3d
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PostPosted: 18:12 - 28 Aug 2005    Post subject: Reply with quote

Quote:
0% is a gimmick. They just load the interest into the price of the bike and you either pay full RRP or a big deposit up front. If you can, get a loan and it'll give you a much wider choice.



Most Suzuki dealers are offering the bikes for less than the full rrp or else as in my case throwing in loads of Official Suzuki accessories. And as advertised in the mag's they are asking for only a single £1 coin as a minimum disposit, no big final payment, no restrictions on insurance and you set the repayment period to suit you Thumbs Up

Oh, and it IS a loan. It's done through black horse not suzuki themselves. It's not hire purchase - our bikes are 100% ours not the shops. (We may even be able to sell the bike after a year - I'll check so don't quote me on that just yet...)

As I said above suzuki are doing it to entice the bikers of the future - they may even be losing money on these 'road' bikes? Either way none of us can see any catch Thumbs Up
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Flip
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Joined: 28 Feb 2004
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PostPosted: 18:16 - 28 Aug 2005    Post subject: Reply with quote

KAL9000 wrote:
Ive just got a SV650S......and looks very well made


Wait til it's gets wet and crumbles before your very eyes. Karma
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Delvard
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Joined: 22 Jul 2005
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PostPosted: 18:23 - 28 Aug 2005    Post subject: Reply with quote

extreme3d wrote:
Quote:
0% is a gimmick. They just load the interest into the price of the bike and you either pay full RRP or a big deposit up front. If you can, get a loan and it'll give you a much wider choice.



Most Suzuki dealers are offering the bikes for less than the full rrp or else as in my case throwing in loads of Official Suzuki accessories. And as advertised in the mag's they are asking for only a single £1 coin as a minimum disposit, no big final payment, no restrictions on insurance and you set the repayment period to suit you Thumbs Up

Oh, and it IS a loan. It's done through black horse not suzuki themselves. It's not hire purchase - our bikes are 100% ours not the shops. (We may even be able to sell the bike after a year - I'll check so don't quote me on that just yet...)

As I said above suzuki are doing it to entice the bikers of the future - they may even be losing money on these 'road' bikes? Either way none of us can see any catch Thumbs Up


So that means it's Suzuki who are paying for all that 'big bad' undisclosed interest. Black Horse aren't doing this for nothing of course. Interesting how this all works.


Andy Wink
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P
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PostPosted: 21:13 - 28 Aug 2005    Post subject: Reply with quote

Quote:
Most Suzuki dealers are offering the bikes for less than the full rrp or else as in my case throwing in loads of Official Suzuki accessories


They will only be offering at the maximum a few hundred quid off and if you get no discount but some 'free' accessories, then those accessories will most likely cost the dealer only about £150.

Quote:
Oh, and it IS a loan. It's done through black horse not suzuki themselves. It's not hire purchase - our bikes are 100% ours not the shops. (We may even be able to sell the bike after a year - I'll check so don't quote me on that just yet...)


Why would it be done through Suzuki? They're not a finance company. If you get a loan through Tesco the money comes from a third party finance house. IT WILL be HP. It's impossible to do 0% on a personal loan. Being HP, title doesn't pass to you until you've paid the full amount of the loan. You legally can't sell it until the loan is paid in full. Although most people do, but you'll owe more than it's worth for a while before you can get out of it without loosing money (negative equity).

Quote:
As I said above suzuki are doing it to entice the bikers of the future - they may even be losing money on these 'road' bikes? Either way none of us can see any catch


No one will be losing money. Not Suzuki, not the finance company and not the dealers. It's a big campaign, they're definitely not loosing money doing it. It'll be because of a slump in sales, to boost sales in this class or for the new 55 reg, over production or something like that. If your dealer told you all that stuff about saving the future of British biking, well that sounds like straight out of the Suzuki marketing manual - or bullshit as most people call it!!

I'm not saying it's a bad offer. I just don't like 0% as it is a gimmick. You don't know what the interest charges are and more importantly you don't know the true cost of what your buying.
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Dom
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Joined: 06 Sep 2004
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PostPosted: 21:22 - 28 Aug 2005    Post subject: Reply with quote

Delvard wrote:
On a side note I love reving the nuts of an engine. Owned Honda V-Tec cars up until now and I love having to work the engine, makes you feel so in contact with what you are driving....


As bikes go, the SV is not a 'revving the nuts off' kind of bike that much, although coming from a car I suppose it will probably seem so (10k redline). Frankly the only way you're going to get a decent amount of enjoyment out of revving it lots is by getting a non-standard can on there though, cause the standard one is the dullest noise in the world. You'd be forgiven for having no idea it's a twin. Neutral

I am currently sorting out a micron full system but as it is right now at 10k you hear the wind more than the bloody bike. So put aside a little extra for a can, if possible. Wink
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extreme3d
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Joined: 27 Dec 2004
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PostPosted: 22:13 - 28 Aug 2005    Post subject: Reply with quote

Quote:
IT WILL be HP. It's impossible to do 0% on a personal loan. Being HP, title doesn't pass to you until you've paid the full amount of the loan. You legally can't sell it until the loan is paid in full. Although most people do, but you'll owe more than it's worth for a while before you can get out of it without loosing money (negative equity).


Trust me m8, its not HP or i wouldn't have gone near it with a barge pole. The bike is mine in full. I'm looking at the loan paperwork right now and supprise supprise it's got 'Fixed-sum loan Agreement' at the top. Anyway, I asked the dealer to make sure and he certainly wouldn't lie about that or he would be breaking just about every trading standards rule there is!

Quote:
They will only be offering at the maximum a few hundred quid off and if you get no discount but some 'free' accessories, then those accessories will most likely cost the dealer only about £150.


What do I care how much the accessories cost to the dealer???? I'm only concerned with how much I would have had to pay for them - a total of £700 so that brings the price of the bike to £3900 minus accessories Thumbs Up

Quote:
It'll be because of a slump in sales, to boost sales in this class or for the new 55 reg, over production or something like that


The SV and Bandit are some of the best sellers, the deal came in at the start of the 05 reg and will continue into 55 and it certainly is not over-production as i had to wait a month for mine to come via container ship from Japan as Suzuki Central had run out!
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