Dealers selling bikes on behalf of the owner

No 2 son is now the proud owner of an 09 CBR 125R bought today for 1900 quid. One lady owner, never used and 251 miles on the clock. It's be garaged always and turned over periodically and it started first time. And it's mint.

It's being serviced tomorrow (delivery to our local Honda dealer for free) cos we don't want to ride it till the oil and filters have been changed and they have given it a safety check.

The dealer had it up for £2.5k which is an average price for the bike/age if not the milage.

The owner needed to shift it and had taken out a separate Autotrader Ad asking £2k.

We went to the showroom, gave it a thorough check and then asked the guy whether it was for sale at his price or the Autotrader one. I love watching a bike salesman winch as 500 quid comes straight out of his pocket.

Autotrader price he admitted. So we asked for the sellers details, called her, checked all the docs and got her to knock a £100 off for cash.

So if you are buying a second had bike it's worth bearing in mind that the dealer will be looking for top book and the owner wants to shift it. So a quick scan of Autotrader and MCN may well through up the same bike at a bargain price. Worked for us anyway.

The two links are below:

http://www.speedaway.co.uk/bikes/use...5r/per_page/12

http://autotrader.mobi/used-bikes/ad...0ptku57u6ifut4

[tigersaw]

So what did the dealer get for his trouble?

Bugger all by the sound of it.

It's their own fault, they should've bought it off her.

I'd never trust my bike in one of these dealer selling my bike for me deals, remember what happened at midland superbikes ?

[timwilky]

My brother just bought a pan from the auctions a couple of weeks ago.

Gives it a polish and dumps it with all documents in his mates main dealership, honest with the sales manager. (Has to be as his auction dealing/use of trade plates etc is all in their name) as to what he bought it for.

1 week later it has gone and dealership/brother split the profit. For the brother it made life easy, people can see it any time, they get to test ride on the dealers insurance. I am also led to believe the dealer arranged a finance package for the buyer so the dealer again made a bit of cash there. All with no outlay from the dealer. I guess what they call win win.

Originally Posted by tigersaw

So what did the dealer get for his trouble?

Bit of commission on the sale - but that's going to be only around £100 vs the £600 he would have got.

Happy days

Another benifit of a dealer selling on behalf of the owner is that they can get around their legal responsibiliy of supplying a warranty. I am not saying that this is the main reason for them doing this however I hear about it often in the jetski world.

Originally Posted by myfirstsv

I love watching a bike salesman winch as 500 quid comes straight out of his pocket.

Originally Posted by myfirstsv

Bit of commission on the sale - but that's going to be only around £100 vs the £600 he would have got.

Happy days

Why has he lost £500?

The dealer will either be taking a fixed selling fee, or taking commission as a percentage, or a slice of the profit if it's like TimWilky's trade on scenario. I don't know what percentage they'd take if on commission, but if the bike sold for 1900 instead of 2500 then he lost £60 for each 10% of commission he was taking.

The only way he'd take a hit of '£100 vs the £600' (which was only loss of £500 'potential' profit anyway, not an actual loss) was if he bought the bike for £1800, and sold it for £1900 rather than £2500. That's not the case or you wouldn't have been in contact with the 'owner' of the bike to negotiate a price.

Originally Posted by grimey121uk

Another benifit of a dealer selling on behalf of the owner is that they can get around their legal responsibiliy of supplying a warranty. I am not saying that this is the main reason for them doing this however I hear about it often in the jetski world.

Not true. We sell alot of bikes for private owners as they dont have the time or means to handle the sale themselves. Any bike sold through our books has to leave here with a full warranty of six months minimum, safety checks etc etc. It also helps the seller to sell the bike as we can offer the buyer facility to pay by finance or credit card, something the private owner cant do.

We have to turn profit on them sales to cover advertising, staff wages, showroom rent etc.

Its worked really well for us and helps alot of people out.

Im not sure why people take glee in others loosing their wages??..

Originally Posted by SV650Racer

Not true. We sell alot of bikes for private owners as they dont have the time or means to handle the sale themselves. Any bike sold through our books has to leave here with a full warranty of six months minimum, safety checks etc etc. It also helps the seller to sell the bike as we can offer the buyer facility to pay by finance or credit card, something the private owner cant do.

We have to turn profit on them sales to cover advertising, staff wages, showroom rent etc.

Its worked really well for us and helps alot of people out.

Im not sure why people take glee in others loosing their wages??..

I think you need to read what i actually wrote!
I didn't say that "all dealers do this to scam people out of warranties" but from a legal standpoint a dealer doesn't need to give a warranty when he acts as a selling agent for a private seller.

Nor did I say that I disagree with the practice of doing this, I was speaking to a jetski dealer a few years back who was saying without doing this practice they would not sell older ski's and to be fair I if I was a jetski dealer I wouldn't sell a 10year old ski with a 2stroke engine thats spent its entire life on the redline while being surrounded by salt water as I would need to give a warranty by law and chances are it would blow up and have to be repaired at my cost.

Originally Posted by grimey121uk

I think you need to read what i actually wrote!
I didn't say that "all dealers do this to scam people out of warranties" but from a legal standpoint a dealer doesn't need to give a warranty when he acts as a selling agent for a private seller.

Nor did I say that I disagree with the practice of doing this, I was speaking to a jetski dealer a few years back who was saying without doing this practice they would not sell older ski's and to be fair I if I was a jetski dealer I wouldn't sell a 10year old ski with a 2stroke engine thats spent its entire life on the redline while being surrounded by salt water as I would need to give a warranty by law and chances are it would blow up and have to be repaired at my cost.

If the bike is sold by the dealer where the transaction is through the dealer, IE the customer pays the dealer then the dealer has to by law provide a warranty even if the bike isnt owned by them.

Im not aware of what they have to provide if the bike is sold by them but the money is paid direct to the customer, as I have never done this.

Jetski's may be different as they arent road vehicles..