Probably, everyone over the age of 10 has heard that expression at least a few times in their lives...
...and I was just musing about that phrase, in thinking about my own particular SVTC purchase, and was somewhat lamenting (at first...) that I'd wished that I would have waited one year, and seen how the model I was interested in, would be up-taken, with RTM. Especially with what we all have seen as to what the anemic adoption (purchase) has done for what prices are appearing around this time. And, then I started to think back, on my purchase...
When I purchased my SVTC, (last October, 2017), at that time, It was a good deal, if you could get your dealer to move off of full MSRP, which up here in Canada, is still $31,999.00.
Well, last October, I did in fact get $2,000.00 dollars off that MSRP, so my deal was now at $29,999.00 CDN.
Now...here is where the 'Six of one, half dozen of the other' comes into play.
I had a trade in...that being a 2008 GL1800 Premium Sound/Nav Goldwing. At the time, my dealing for the 2018 Star Venture Transcontinental, was just ahead of the 'land rush' of other 2017 and older GL1800 owners that were about to flood the GL1800 resale market with wanting to deal on a 2018 Goldwing. I was just ahead of that glut that would come onto the market for Goldwings!
I was also fortunate that my Yamaha dealer had a couple he had spoken to, that really wanted to see our Goldwing, for they were actually looking at off-brand dealers (like going to a Yamaha dealer to ask about trade in off-brands (Goldwings...) for they thought they could score a more aggressive deal on one. As a result, (and in taking the time to show up at my Yamaha purchasing dealer with our 2008 Goldwing (which was pristine in every way!)), I got a most fabulous trade in price of reclaiming 50 percent of my purchasing cost in 2008, of $28,000.00 for our GL1800. My Yamaha dealer gave me $14,000.00 dollars
for our GL1800, which was at that time, nearly $3,000.00 more than for the average trade in price in October/17 for a 2008 model. So....in musing tonight on my deal...in light of what the American prices on 2018 SVTC's are being sold for...
....I actually did better, financially, and at NET COST, buying when I did...at the very start and ramp up...when dealers didn't know what the next 8 months would bring, or the up-take of the model. I had a very motivated dealer wanting my Goldwing at that time, as well as he mostly never asked full MSRP on any Yamaha he had for sale, usually around $500.00 to $1,000.00 off MSRP before any dickering.
Even now...sipping my cup of 'joe'...and musing, I did alright...in fact...very much, alright.
At the top of the deal, I shaved $2,000.00 off. At the bottom end of the deal, I shaved getting $3,000.00 more than what Wings were going to be dealt in and allowed for, 2-3 months past October/17.
So...what was really my 'deal' bottom line...I got $5,000.00 shaved off the MSRP of $31,999.00 PLUS the savings of 13 % Ontario Sales Tax on the $3,000.00 more than what I would have gotten, had I dealt 3-8 months later, with all the GL1800's coming into the dealer networks, or for private sale.
"Six of one, half dozen of the other..." I did better, buying when I did, than had I even waited to see 'how it fanned out'...and dropped coin on a MSRP discounted of around $3,000.00-$4,000.00 that potential buyers are seeing on the SVTC market right now in the States.
Sometimes, you have to 'revisit' how YOUR deal went...and happily find, that you still scored like a bandit...and did better than picking up an SVTC even if it would be purchased this week! Life is good...I (in hindsight) didn't take any form of a 'hosing' by purchasing when I did...at the RTM...and enjoyed a fabulous first riding season to boot! I'm not sure (can't remember) if Tony (Chief) traded in a ride, or in looking back, based on all the financials (same for American/Bill), we probably all, didn't truly take a hosing of any kind, EVEN if we purchased what seems, to be at a higher dealer price...why? Because there always is the BOTTOM end of a deal....and more times than not, you need to be ahead of the 'glut' on the trade in and resale market to plush and fatten out that 'bottom end'. That's what I did...and probably, both Tony and Bill did the same....the 'Art of the Deal' is always, right reader?----> about 'timing'. Sometimes you do better by 'getting in there, ahead of the crowd'...sometimes, by 'sitting in the bush' watching... Both purchasing strategies can bring great benefits....as 'getting in there, first' did for myself.
Just musing...and thinking 'out loud'...
Happy New Year, everyone...and happy trails to those savvy enough to pick one of these diamonds up from their local dealer....again, safe rides for 2019!