Real Price of the VFR1200F

So what are people picking up the VFR1200F for? I'm shopping around here in the UT/NV/ID/CO area... So far I've gotten $14,999 from a few dealers, and a $14,500.

So that means that here in UT, even at $14,500:
Tax: 1025.96
License/Reg: 689.36
OTD: $16,216.33

I made contact with the OH dealership that has the bike on ebay, and his reserve is set at $14,500. There are a handful of East coast dealerships that have them on ebay for $13,900'ish OTD. I'm not sure how they can do that as an OTD price, but I'd love to find anything close to that deal here in the West.

Don't need any fancy service deals or extended warranties... I find working on bikes to be cheap therapy.

 

I'm not sure that there are many members out that way that have one yet but I can almost bet you that the savings from buying one out east would pay for the priceless trip home upon doing so.

 

It's more that I don't have the vacation for more than a 3 or four day trip. NJ to UT might take me a few days on a bike, and I'd like to change the oil on a new engine more frequently than that.

 

Before jumping on a plane, train or bus for a longass ride to some shop you know nothing about, who is using Ebay as a sales medium and expecting to come home with a bike at the prices like that, best to get a "deal" like that in writing.

New bikes at dealerships are not there on consignment. The dealers buy them from the manufacturers. There is a bunch of wheeling and dealing going on when these guys do deals. This is wholesale business. The price for one unit is X number of bucks. The price for six units is less. Payoff is discounted. Cash up front talks. 30-60-90 payoffs cost money.

BTW..no sales tax in Oregon and if ya got a solid (signed) deal it might be a smart thing to check with your own DMV to see if you can have a plate with you when you part with your hard earned money.

 

That's true SOME of the time. New bikes at dealerships most of the time are actually still owned by the manufacturer (or rather the manufacturer's financial division) and the dealer pays fees and interest on the unit. Once the unit is sold, the dealer is obligated to pay the unit off the floorplan. The fulfillment of that obligation is ensured when they a) submit the warranty card proving sold and b) are audited by the manufacturer.

So Joe Blow's Honda is selling a VFR1200 for 16,900. If we look at his floorplan the unit has an invoice price of 15,100 plus interest to American Honda Finance Corp. When Joe sells the bike for 16,900 (less title, tax, and registration fees) his profit is 16,900 - (15,100+interest and fees from AHFC). This inherently makes volume the bigger determination of a dealer's ability to cut profit margins / offer a cheaper price as they can maintain a low profit model and remain profitable.... and their inventory won't stagnate driving the fees and interest up - cutting into profit.

Generally speaking, all dealers paid just about the same for the bike from Honda and anyone that didn't floor the unit probably paid more. VERY rarely does a new bike dealer actually own their inventory. If they did they wouldn't enjoy subsidies, product rollout material, quick access to new models, quick access to high demand models, etc. This is usually the level of control most bike manufacturers prefer to have in the retail market.

 

Sounds like the pitch by a sales manager dude when the potential buyer start to figures out the sales dude is BSing. Anytime a sales manager "arrives" it's a good time for the buyer to hat up and head out with one's knees together.

The question still begs. Are these "deals" on Ebay in New Jersey and points East a deal or not?

Dude, anything is true part of the time. Conversely anything is a lie part of the time. I know this because I watch "House", and the Spooks call it "plausible deniability."

Consign= To give over. Ain't nobody giving anything away at any kind of car or bike dealership unless somebody has one in Lala Land.

 

The question is, what are people really paying for their VFR1200's? Anybody willing to spill what they paid before Tax, Title, and Registration Fees?

 

Where is that Honda dealership sales manager dude when ya need him? He could explain why 17.5k is a great deal less tax, license and registration.

15K I forked over a little over a grand for earnest money and got the sale price in writing. No sales tax in Oregon and anyone can handle the other shit that the friendly dealer is happy to do for more money.

What ya should do is stop thinking these guys are in love with you. They ain't. They love your green and that's about it.

 

Bought mine a month ago for $13432 + 99 dealer service fee + 165 actual title/tag cost + 34 misc fees + Florida tax at 6%.

I had to drive 175 miles to do business with a dealer that would deal. My dealer kept changing the numbers and would not give me a sales order so I was never able to pin it down.

 

I paid $15,499.00 + tax/title/registration/plates. I bought one of the first ones that came to Minnesota.

 

OK, I didn't want to have to do this, but I have never-ending vacation time (one of the few perks of owning your own business), so order up the bike, and I'll deliver her to you. I'll take it for an oil change at 300 miles at a place of your choice.

Its a dirty job, but someone's gotta do it. :wink:

Good luck with your purchase.

 

See, that's what I love about forums like this... Other members willing to help out whenever possible!!!

 

So did you pay Big Bro's tax for any used vehicles you bought? Maybe you should consider moving to Oregon.

Some of the states have sales taxes of 10% and local taxes as well. So if we do the arithmetic on that 15k or so you are going to spend on a new 1200, I hope you have gas money left over.

I guess I should get out a brush and clean off the turnip truck dust and mullet scales off my fading and frayed Aerostitch.

So how many new bikes and cars are we talking about? Two or three? A dozen? 700? When you sold them since I have to assume you have just so much room did you dummy up the invoice for the buyers so Big Bro would not extract his pound of flesh?

 

I have a "friend" who likes to write "gift" or "exchange for services" in that sale price box. Sales tax was paid when the bike was purchased new. You don't pay tax if I sell you my Xbox... On top of that Utah nails you yearly for registration based on the year of the vehicle. So my 2008 scooter costs more to register than my 2007 Xterra. Paying $200+ to renew my scooter registration is a wonderful yearly tax. Grrrr...

 

Yeah, I lived in CO before moving here to UT... I didn't have too much of a problem with that because the money refunded was paid with pre-taxed dollars. This prevents you from using the state as a tax haven and dumping money there to keep from getting taxed no?

Anyway, back on topic... I'm trying to get ahold of a few friends who know people at Fay Myers and Sun Honda to see if they're willing to deal more than my UT dealers. I sure do miss the Peak to Peak Highway and think it would be great to break in a new bike on...

 

There's a local dealer here advertising one for $13480 on Craigslist. Santa Rosa, CA I think. http://sacramento.craigslist.org/mcy/1845343130.html No affiliation, just saw the ad. For a small fee and airline ticket I'll ride it cross country and deliver it to you. :wink:

 

Tax avoidance is legal. Tax evasion is illegal, unless some form of evasion is legal in Colorado." The land of the free and the overtaxed." The poster's question is being discussed or at least it was until the answer got taxing. We know Father Honda and his minions read this stuff but do you think Big Bro reads it too? Are you feeling guilty for some reason? What ya need to do is look up the statute of limitations on your last few buys and sells.

So which Bluebook is the state to which you refer basing this tax on? Do they use the Kelly BB? That one has about four price points as well as a condition and extras scale.

Is a basket case the same as a salvage title? What about race bikes that do not need to be registered. How about show bikes that will never run including some that the engine cases are empty? How about custody bikes that will go into museums. How about gifts?

I agree. A sales document for a hundred bucks would raise eyebrows. In Oregon, with no sales tax do you think that is discrimination or profiling since we were not counted?