Came across a nice looking GZ250 for my wife (she'll never go any "higher"). It's at a dealership, 2000 with 1269 miles. The photos look immaculate (have to see it in person to verify) and a color she would like blue & silver. They want $2500 but NADA is only $880-1155.00. The salesman, whom I've dealt with before, seems very willing to deal as I told him their cost vs NADA. He asks me what a fair price is as he knows I would not pay anywhere near their price plus it would be a cash deal and it's Winter time. I'm wondering what folks here might think. (New for an 07 is MSRP $3249). I have a Kat 600 2003 and a GS500F 2005 but it's too tall for her and I will sell it in the Spring.
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Stick at 1150, walk if he wont go that or lower.
No way to lower the gs500???"Stevie B" Boudreaux
I ride: '01 Triumph Sprint ST
Projects: Honda CB650 Bobber projects I, II and III
Take care of: 81 Honda CM400,72 Suzuki GT550
Watch over/advise on: 84 Honda Nighthawk 700S (now my son's bike)
For sale, or soon to be: 89 Katana 1100, 84 Honda V45 Magna, 95 Yamaha SECA II, 99 GSXR600, 95 ZX-6, 84 Kaw. KZ700, 01 Bandit 1200, 74 CB360.
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Since the NADA low on the bike is around $880... I'd suspect that they may have paid less for the bike than that. Dealers seldom pay the "average retail" for something they've taken in trade. I might start by offering him $900 for it.-Steve
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I defenitely wouldn't go higher than the NADA. Unless they've supertuned it, I can't understand why they would ask for over twice the NADA value.Pain is just weakness leaving the body.
-Unknown Author
The quarrels of lovers are the renewal of love.
-Terence
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Originally posted by The CyberPoetThe problem is that he has little margin to work on. A typical dealer wants to see a $1k margin on a sale, and needs to see a $450 - $500 margin to stay profitable at all. Offer him high NADA, wring your hands and then walk & wait for the phone call.
Cheers,
=-= The CyberPoet"I have told you all this so that you may have peace in me. Here on earth you will have many trials and sorrows. But take heart, because I have overcome the world."
JOHN 16:33
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