Dealer's response

[Relax]

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Year ago, in Montreal, I purchased a car from a guy who was using the proceeds to purchase a motorcycle from a dealer. We went to his dealer and, on paper, the dealer accepted the car from him and then sold/transferred the car to me for the same price. I paid the sales tax as I normally would and he got the trade in value deducted from the sales tax he owed on the new bike. Dealer referred to this as an "accommodation sale". Probably wouldn't work today because of required safety, liability etc.... No real value to me, but saved the seller a few bucks in sales tax.

I did the same with all my leases just before the end of the term. The residual (lease return value) is always so much lower than the market value, so I'd "sell" it privately at market price and close the deal at the dealership: I return the lease to the dealer, the dealer immediately sells it at the residual price to the buyer, and the buyer hands me the cash or cheque for the difference between that and what we agreed. Some dealerships do it for free or a reasonable admin fee, especially if the buyer wants them to sell it as a "Certified Pre-Owned" vehicle so they can get extended warranty.

 

[Lightcycle]

I've done a multi-dealer trade before. I had a K75 and was buying an Aprilia. Aprilia dealer didn't want the BMW but told me if I could find another dealer that wanted it, we could wash it through as a trade-in. Traded the BMW in to dealership in Burlington, picked up Aprilia at dealership in KW. Paperwork as expected. Weird but it worked for me.

Yeah, we took a whole bunch of our bikes to GP Bikes to get them traded in, Jerry had to call BMW Toronto to get them to commit to a price for one of our Beemers before he could give us a final number. Except for the Duc, we ended up selling the bikes one by one, the trade-in values were so low.

 

[bigpoppa]

I feel attacked…

dont be, I am just a clown, telling jokes for laughs, its all in good fun

 

[MacDoc]

I am assuming OP Is factoring HST into his calculations....he only pays it on the difference.

 

[Baggsy]

 

[SVeezy]

Ahh David, forgot about him


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[Iceman]

Time of year also has a big impact on how fast your motorcycle will sell.

No one is looking to buy a bike in November only to have to store it for 4-5 months.

My buddy listed his Africa Twin over the winter. 0 inquiries.

He relisted a couple of weeks ago, same price. Multiple inquiries, sold the next day without a test ride.

If you need your bike gone when there's snow on the ground, then the dealer will probably be your best bet.

Agreed. I'm sitting on a nice drz400s I picked up relatively cheap and gave it some loving over the winter. Just a little longer before it goes on kijiji...

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