Correct - and the key word is "forever".
I know: You're Bernie Madoff and I claim my £5.
Correct - and the key word is "forever".
When are the dealers quarterly targets , and best time to get a deal on a bike cheers.
If this is true and I don't dispute your knowledge.........Then at the current rate of inflation they are running at a loss....Doesn't quite figureon average the return on investment across the motor trade is between 1% and 2%.
When are the dealers quarterly targets , and best time to get a deal on a bike cheers.
I got 15.4% off list on a BMW 440i GC last month. That doesn't include £4500 deposit contribution too.
Seems more likely than running at a loss.You can get 22% off a m140i and around 20% off the m240i (as I did), but my understanding is that the margins on bikes, including BMW bikes is more like 8%? Seems difficult to get an insight on margins for bikes, unlike cars.
I last worked in car dealers in the late nineties, so things could well have changed, but back then the saying was: parts and service pay the fixed costs and sales provide the profit.
As said above sales margins were heavily dependent on meeting targets for vehicles sold and customer satisfaction replies.