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121 Posts
I'm wondering if anyone has had a similar experience and/or any thoughts about my situation:
As I've excitedly announced elsewhere, by SS is here and ready for pickup tomorrow. I've put my $500 deposit down and plan to put $1500 more down tomorrow. When I first spoke with the dealership about purchasing the bike, I was told that I could trade my 2004 Multistrada in for about $2400. Shortly thereafter I was told I could expect to get $2000 for the Multi. The dealership's finance department ran the numbers based on this $2000 figure and I was happy with the arrangements. After sending in photos of my bike and being unable to find all of the maintenance records, the dealership now tells me they will give me $800 for the Multi.
I'm relatively certain I can sell the Multi for at least $2500 so I told them to keep their $800 offer. This now puts me in the position of doing a private sale of the Multi. Not a huge problem, but time I didn't want to spend certainly. It also changes the finances of the purchase of the SS. Not dramatically, and not a gamebreaker, but irritating at the very least.
All that to ask, has anyone experienced such a dramatic markdown on a trade-in? Does that sound reasonable? Would it be worth taking my business elsewhere? I assume I can get my deposit back by saying it was based on the $2000 trade-in figure and there is another dealership nearby from whom I can purchase an SS.
Thoughts?
As I've excitedly announced elsewhere, by SS is here and ready for pickup tomorrow. I've put my $500 deposit down and plan to put $1500 more down tomorrow. When I first spoke with the dealership about purchasing the bike, I was told that I could trade my 2004 Multistrada in for about $2400. Shortly thereafter I was told I could expect to get $2000 for the Multi. The dealership's finance department ran the numbers based on this $2000 figure and I was happy with the arrangements. After sending in photos of my bike and being unable to find all of the maintenance records, the dealership now tells me they will give me $800 for the Multi.
I'm relatively certain I can sell the Multi for at least $2500 so I told them to keep their $800 offer. This now puts me in the position of doing a private sale of the Multi. Not a huge problem, but time I didn't want to spend certainly. It also changes the finances of the purchase of the SS. Not dramatically, and not a gamebreaker, but irritating at the very least.
All that to ask, has anyone experienced such a dramatic markdown on a trade-in? Does that sound reasonable? Would it be worth taking my business elsewhere? I assume I can get my deposit back by saying it was based on the $2000 trade-in figure and there is another dealership nearby from whom I can purchase an SS.
Thoughts?