I have an '05 ST1300. For reasons that are much too lengthy to go into here, I went to the dark side and made an offer last week for an '08 BMW R1200RT at my local (Greensboro,NC) BMW dealer. I wanted to trade the ST. Long story short, he wouldn't budge off of MSRP for the RT.
Is this the norm for BMW, they don't discount at all off MSRP? He claimed he only made 10% on his new bikes,and wouldn't make any money if he sold for less. I've read that they make between 12% and 18%, and get a "holdback", just like car dealers. And of course ,he was going to make money off the sale of my ST as well. Before I travel 80 miles to the next closest BMW dealer,I wanted to get some feedback from anyone who has an opinion about this, bacause no way I'm paying MSRP.
Thanks for any insights you may have.
Is this the norm for BMW, they don't discount at all off MSRP? He claimed he only made 10% on his new bikes,and wouldn't make any money if he sold for less. I've read that they make between 12% and 18%, and get a "holdback", just like car dealers. And of course ,he was going to make money off the sale of my ST as well. Before I travel 80 miles to the next closest BMW dealer,I wanted to get some feedback from anyone who has an opinion about this, bacause no way I'm paying MSRP.
Thanks for any insights you may have.