Negotiating prices just like car dealerships?- Mtbr.com
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  1. #1
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    Negotiating prices just like car dealerships?

    Im in the market to get my girlfriend her first 'real' bike from an LBS. I'm just wondering what everyones take on negotiating a lower price on bikes are.

    The specific one im looking for is an '06 womens Trek 4300. Its 489.99 plus tax (Canadian), and take 25% off of the 489.99. So roughly 370 before tax, 425 after. Would it be, for lack of a better word, fair for me to try to negotiate a lower price? I was thinking trying to get 400 even.

    Just wanted to know everyones take on it.

    Thanks

    Pete T

  2. #2
    i am, therefore, i ride
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    Profit margin on bikes are minimal. If you are getting 25% off, you're getting a heck of a deal. Negotiate it from there? I don't know about that......... they have to cover overhead and all, IMHO, 25% off is a great deal.

  3. #3
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    mark up is usually around 100%. Trek sell so you may not be able to negotiate more than 10% off. If you can wait, Trek has a sale at the end of May

  4. #4
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    Markup isn't 100% on low end bikes. I think it's a good deal (so long as it fits her and her biking needs). Bike shop employees need to eat too.

  5. #5
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    The experience and help that you get from a good LBS far outweighs the the extra 30-40 bucks you might save by buying something online. Especially if you're just starting out. I've had multiple shops help me on a number of occasions with installing stuff for basically free using tools that aren't worth me purchasing myself.

    That along with sound advice they give is worth it to me.

  6. #6
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    Quote Originally Posted by rconceptsinc
    mark up is usually around 100%. Trek sell so you may not be able to negotiate more than 10% off. If you can wait, Trek has a sale at the end of May
    Some accessories may have a 100% markup, but the profit margin on bikes is pretty low (30-35%).

  7. #7
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    I kind of figured. These guys are my favourite LBS in the city anyway. Only ones who have lifetime free maintenance. That includes buying a new part and them installing it for free.

    Thanks for the input, I guess I answered my own question. You guys reinforced what I was thinking. I want these guys to stay around as long as possible anyway.

    Pete T

  8. #8
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    the real question is.... $55 in tax!!??!! drive to Michigan and save some dough!

  9. #9
    no shoes no shirt no dice
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    with gas at $1.00 to 1.25 / litre - driving more than $2 to save under $50 isn't worth it.

  10. #10
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    At that price range, they are probably making $100 profit. Just support them. Now if you're talking about a bike with a MSRP of $5K, it will be worth your while to negotiate and worth their time to give you a deal.

  11. #11
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    Quote Originally Posted by rconceptsinc
    mark up is usually around 100%.
    Hey buddy, get you your head out of your ass! I don't know who you get your info from, but they should be shot.

    If you are already getting 25% off a 4300, take it and run! The most I will give on a 4300 is tax, which is 7.25%.

  12. #12
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    Hey buddy, get you your head out of your ass! I don't know who you get your info from, but they should be shot.

    If you are already getting 25% off a 4300, take it and run! The most I will give on a 4300 is tax, which is 7.25%.
    I didnt get my info from anyone. It was a question not only concerning the 25% off bike, but bikes in general.

    I wasnt sure if it was standard practice or not, so I was looking for a general consensus of what avid bikers thought. I obviously found my answer, and also already bought the bike, lol.

    Thanks for all the info.

    Pete T

  13. #13
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    Quote Originally Posted by Peter_T20
    I didnt get my info from anyone. It was a question not only concerning the 25% off bike, but bikes in general.

    I wasnt sure if it was standard practice or not, so I was looking for a general consensus of what avid bikers thought. I obviously found my answer, and also already bought the bike, lol.

    Thanks for all the info.

    Pete T
    Pete, the previous poster wasn't directing the comment at you, but at the person claiming that bikes get 100% profit. On a bike like the 4300, I think you're doing pretty well to get it for nearly $100 off SRP. That's about the best I've ever gotten on leftover bikes.

  14. #14
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    Quote Originally Posted by MattP.
    Hey buddy, get you your head out of your ass! I don't know who you get your info from, but they should be shot.

    If you are already getting 25% off a 4300, take it and run! The most I will give on a 4300 is tax, which is 7.25%.
    Head out of my ass....wow thats pretty harsh. My 100% was referring to stuff I get from QBP or from other manufacturer brands. Most of that stuff (NOT TREK) is half off retail....in other words 100% mark up. I specifically left Trek out and also said that Treks sell so 10% would be a good deal. The Trek dealers in MD will certainly give you more than 7.25% off!

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