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Offline PaulS1000XR

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Discounts on New XR SE - UK
« on: December 15, 2018, 11:34:17 AM »
I am looking to trade in my existing 2017 XR next year and get another on the same - this will be my third one. I am looking for delivery in March.  I will trade my existing bike in.

Looking for a XR SE in red, no extras.

Looks like you can get around £1050 off an SE which is the best I have seen, although I know that dealers who appear to discount new bikes do sometimes offer less for the trade in.

The RRP for a new SE in red is £15,250.

Would be interested to hear what deals are out there that others have got   :305:
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Online wessie

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Re: Discounts on New XR SE - UK
« Reply #1 on: December 15, 2018, 12:06:44 PM »
any deal you get will be fairly unique to the week you decide to change. So many variables that any deal someone has had in the last few months will be meaningless to the situation next year.

If you can wait until September for a new bike then if there happens to be an unsold bike in stock you might get a very good deal as BMW pays substantial sales bonuses at the end of the third quarter.

Look out for finance deals where there is a deposit contribution. Always take this, even if you pay off the finance the week after. You will always be better off.

Sell your current bike separately. See what a used bike specialist will offer you if you can't face dealing with private buyers. This might be more than the trade in or give you bargaining power. Try James who owns https://www.completelymotorbikes.co.uk/ in Cheltenham as a starting point. He'd love a 2017 XR in his new showroom.

Strip off any accessories and sell separately. A dealer will not pay you market value for these. This will effectively boost your trade in price.

Lastly, why change? If it is the expiry of the warranty then consider extending this. The cost will be less than the depreciation hit from changing.

Offline PaulS1000XR

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Re: Discounts on New XR SE - UK
« Reply #2 on: December 15, 2018, 01:02:56 PM »
*Originally Posted by wessie [+]
any deal you get will be fairly unique to the week you decide to change. So many variables that any deal someone has had in the last few months will be meaningless to the situation next year.

If you can wait until September for a new bike then if there happens to be an unsold bike in stock you might get a very good deal as BMW pays substantial sales bonuses at the end of the third quarter.

Look out for finance deals where there is a deposit contribution. Always take this, even if you pay off the finance the week after. You will always be better off.

Sell your current bike separately. See what a used bike specialist will offer you if you can't face dealing with private buyers. This might be more than the trade in or give you bargaining power. Try James who owns https://www.completelymotorbikes.co.uk/ in Cheltenham as a starting point. He'd love a 2017 XR in his new showroom.

Strip off any accessories and sell separately. A dealer will not pay you market value for these. This will effectively boost your trade in price.

Lastly, why change? If it is the expiry of the warranty then consider extending this. The cost will be less than the depreciation hit from changing.

This will be my 3rd XR. Mine has done almost 13k miles now and the warranty will expire next March. Looking ahead I would need to spend quite a lot of money to keep the bike another year or so: brake pads + discs, chain & sprockets, extended warranty, tyres, 18k service (a mere £750), battery? and who knows what else. About c£4k to change and you are starting with a new and better bike, with a new warranty, hopefully with better heated grips. In my view its a no brainer. Just my view.  :305:
PSH

Offline Mareng1

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Re: Discounts on New XR SE - UK
« Reply #3 on: December 15, 2018, 01:23:20 PM »
*Originally Posted by PaulS1000XR [+]
This will be my 3rd XR. Mine has done almost 13k miles now and the warranty will expire next March. Looking ahead I would need to spend quite a lot of money to keep the bike another year or so: brake pads + discs, chain & sprockets, extended warranty, tyres, 18k service (a mere £750), battery? and who knows what else. About c£4k to change and you are starting with a new and better bike, with a new warranty, hopefully with better heated grips. In my view its a no brainer. Just my view.  :305:

That starts to make a bit more sense.  (and 3yr warranty now) - You sure about the c£4k to change, though?  That bike has to be sold on, and make a profit for the dealer somewhere in the deal.

Offline PaulS1000XR

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Re: Discounts on New XR SE - UK
« Reply #4 on: December 15, 2018, 02:20:44 PM »
*Originally Posted by Mareng1 [+]
That starts to make a bit more sense.  (and 3yr warranty now) - You sure about the c£4k to change, though?  That bike has to be sold on, and make a profit for the dealer somewhere in the deal.

It was about £4k last time with an identical XR with similar mileage  :305:
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Offline Norbs

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Re: Discounts on New XR SE - UK
« Reply #5 on: December 16, 2018, 12:04:00 AM »
I ordered in Feb 2017 for a March delivery. List price at the time was £14,600. I went into the dealer and told him what I wanted and if the price was right I would be paying in full today. He said "go on then, what does it need to be to sign right now" Like a fool I then said £13,600. After a 10 second chat with the manager he came back and offered out his hand and that was that. Reckon I could have had a few hundred more off.

I'd say there is a minimum of £1500 to be had off a new bike. More complicated with a trade in though, you can't have top whack for the trade in and a big discount.

Offline Winger

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Re: Discounts on New XR SE - UK
« Reply #6 on: December 16, 2018, 08:39:40 AM »
*Originally Posted by wessie [+]
any deal you get will be fairly unique to the week you decide to change. So many variables that any deal someone has had in the last few months will be meaningless to the situation next year.


That’s spot on folks have all sorts of crazy ideas how big the profit margins are but there is an element of truth in such because the trade has so many variables,I custom ordered mine and it came at cost(I have the paper work)but even then only saved me £1000 buying ex-stock anything is possible it will have much to do with the dealer reaching their sales for the month as the real world profit margin.

Offline Norbs

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Re: Discounts on New XR SE - UK
« Reply #7 on: December 16, 2018, 11:49:20 AM »
Dont forget though Winger, that's cost price to the dealership and not the manufacturer. If the manufacturer passes on more of its margin to the dealership then there is more discount available. But you're right, timing is crucial.

Offline Bree

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Re: Discounts on New XR SE - UK
« Reply #8 on: December 16, 2018, 01:59:05 PM »
 That is why I tend to look at nearly new ( about a year old low mileage ) at the right time of the year. About the time of new Registration ( Lots of part ex's about ) with a bit of perseverance, and lots of looking. I have picked up some real Bargains. Especially with all the bells and whistles already attached. But of course thats as long as you dont mind, not being brand new. Or of course you can go down the PCP route, and get new every two or three years......   
Everything  Will Be Alright In The End, If Not Then Its Not The End.

Offline Winger

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Re: Discounts on New XR SE - UK
« Reply #9 on: December 18, 2018, 07:10:38 PM »
Just had a relative call in for the annual Christmas visit  :002: i’d Asked him to get me a couple bike mags while he was in Japan and inside  a tech drawing of the new RR it will run as a twin just as the Big Bang R1 does.

So i’d Guess an X/R with such in 2020 so if that’s you thing i’d Wait 12 months with what you have.
« Last Edit: December 18, 2018, 07:11:35 PM by Winger »