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Question about paper work covering purchase of new motorcycle #5362688 02/28/20 07:16 PM
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faltic Offline OP
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If I have posted this in the wrong spot apologys. I'm trying to buy a new 2019 Suzuki M50. Sales manager gives me a work up sheet that has the top line labeled as "settlement" with a number $1800.00 more than the base price. The rest of the amounts for fees and such are below. Then the tax number appears to have been calculated using the number labeled "settlement" witch appears to fall in line with state tax law. Finally is the total price. Once I put my trade in the deal the "settlement" amount will be substantialy more than the total price. I have only seen the label "settlement" used when buying a house and that was the amount you had to pay. I asked the sales girl about it and got a gobbledygook answer that made no sense. Should I be concerned? BTW I'm paying cash.


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19 Tacoma 3.5 2wd AT. Under 3k
17 Highlander 3.5 2wd AT 20k+
19 Suziki S40 Boulevard 4 miles
07 EX250 21k+
11 PCX 125 5K+
Re: Question about paper work covering purchase of new motorcycle [Re: faltic] #5362694 02/28/20 07:33 PM
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eljefino Offline
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If it's the best deal you can get, and you want it, get it.

But it sounds like dealership shenanigans.

Consider financing it, then paying it off in a month if there's no penalty, if you can get the dealer to come down some more. They hate cash deals.

Re: Question about paper work covering purchase of new motorcycle [Re: faltic] #5362709 02/28/20 07:50 PM
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CT8 Offline
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When in doubt don't. Did you ask for an explanation from the dealer?


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Re: Question about paper work covering purchase of new motorcycle [Re: faltic] #5362740 02/28/20 08:19 PM
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JohnnyJohnson Offline
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Walk to the next closest dealer with that paper and ask if he can beat that deal!


2004 Corolla 139630
Out: Havoline Pro DS 10w-30 Purolator PureOne 10-29-19 136457
In: Pennzoil Platinum HM 5W-20 ST 4386
2006 Duramax 77060
Out: T6 5W-40 XG9100 73909
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Re: Question about paper work covering purchase of new motorcycle [Re: faltic] #5362746 02/28/20 08:24 PM
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Wolf359 Offline
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Yes you should be concerned. It sounds like you don't know how to read the statement. They are probably doing things like adding extra fees and stealing your trade. You should be able to take all the number previously agreed to, put it in a spreadsheet or calculator and come up with the same number. If you can't, there's a good chance you're being fleeced.

Re: Question about paper work covering purchase of new motorcycle [Re: CT8] #5362761 02/28/20 08:46 PM
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faltic Offline OP
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Originally Posted by CT8
When in doubt don't. Did you ask for an explanation from the dealer?


yes and said so in post


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19 Tacoma 3.5 2wd AT. Under 3k
17 Highlander 3.5 2wd AT 20k+
19 Suziki S40 Boulevard 4 miles
07 EX250 21k+
11 PCX 125 5K+
Re: Question about paper work covering purchase of new motorcycle [Re: Wolf359] #5362763 02/28/20 08:47 PM
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faltic Offline OP
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that's what I was thinking wolf

Last edited by faltic; 02/28/20 08:49 PM. Reason: spelling

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19 Tacoma 3.5 2wd AT. Under 3k
17 Highlander 3.5 2wd AT 20k+
19 Suziki S40 Boulevard 4 miles
07 EX250 21k+
11 PCX 125 5K+
Re: Question about paper work covering purchase of new motorcycle [Re: JohnnyJohnson] #5362767 02/28/20 08:50 PM
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faltic Offline OP
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Originally Posted by JohnnyJohnson
Walk to the next closest dealer with that paper and ask if he can beat that deal!

I wish next closest 70 miles


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19 Tacoma 3.5 2wd AT. Under 3k
17 Highlander 3.5 2wd AT 20k+
19 Suziki S40 Boulevard 4 miles
07 EX250 21k+
11 PCX 125 5K+
Re: Question about paper work covering purchase of new motorcycle [Re: faltic] #5362777 02/28/20 08:56 PM
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Wolf359 Offline
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Originally Posted by faltic
that's what I was thinking wolf


Did you get a copy? Take a picture and post it, blank out any personal info. I always run the numbers to make sure they're not pulling a fast one.

Re: Question about paper work covering purchase of new motorcycle [Re: faltic] #5362781 02/28/20 09:00 PM
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Leo99 Online Content
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Originally Posted by faltic
Originally Posted by CT8
When in doubt don't. Did you ask for an explanation from the dealer?


yes and said so in post


Tell the salesperson you don't understand her explanation and want the manager to explain it to you. Keep going up until it makes sense and you're comfortable.


Without data you're just another person with an opinion. W. E. Deming

2003 Corolla 250,000 miles (RIP)
2004 Corolla 125,000 miles
2004 Rav4 392,000 miles
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Re: Question about paper work covering purchase of new motorcycle [Re: faltic] #5362823 02/28/20 09:49 PM
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javacontour Offline
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Paying cash, then there is one question, how much cash do they want? If that number doesn't seem right, leave.

This is dead simple, you don't really care about the numbers above the line that indicates how much cash you are paying.

You know what you want to pay, you know the tax rate, so your target should be the bottom line, how much you need to provide to take the item Out The Door.

They can fiddle with the numbers above the line to their hearts content as long as you get the cash number you pay to a value you like.

Always, always deal on that OTD number. It saves a lot of confusion.

Sounds like you agreed on a price and now a bunch of fees showed up. I'd say sorry, the price I agreed to included all fees except sales tax, which is X% If they are not going to sell you the item for that price plus the sales tax of X% get up and leave.

Always make it clear you are negotiating an OTD number. Should be easy. If the item is $5000 and the tax rate is 6% then you expect to pay $5300 to take it home, so you are negotiating for $5300 OTD

Taxes, tags, and state title fees are easily researched prior to going to a dealer. Here in IL, I figure tags and title were about $200 before the recent increase, so maybe $250 now in round numbers. So if I'm buying a car, I have my target price and the bottom line number I'm looking for is my (target price) * 1.0625 + $250

I don't care what they do above the line. If they call some of it fees or this or that, my target number is still the same and that's the only number I'm looking at on the sheet, the bottom line number.

Sorry so long, this is a cash deal, how much cash do they want and are you comfortable paying that amount? If so, buy, if not don't buy.


Originally Posted by faltic
If I have posted this in the wrong spot apologys. I'm trying to buy a new 2019 Suzuki M50. ... Should I be concerned? BTW I'm paying cash.


network down, IP packets delivered via UPS -BOFH
Re: Question about paper work covering purchase of new motorcycle [Re: faltic] #5362865 02/28/20 10:48 PM
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Blkstanger Offline
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Every Cell phone has a calculator. Do the math and make sure there isn't any hidden charges. The last motorcycle I bought was done with an OTD offer I made including tax and license. It took me a week to talk them into it but in the end I got what I wanted. And that was at a dealership.


99 Jeep WJ 4.7 200,000mi. Maxlife 10w30, Fram Ultra.
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Re: Question about paper work covering purchase of new motorcycle [Re: faltic] #5362883 02/28/20 11:08 PM
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rubberchicken Offline
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They are purposely trying to confuse the deal, mixing up a trade allowance , new Suzuki , fees etc. There is a reason its confusing- its designed to be that way, and they will play tricks with your head to make you feel too stupid, or too proud, to question the numbers. The transaction has the same rules and economics as buying are car, so treat it the same way.

Re: Question about paper work covering purchase of new motorcycle [Re: rubberchicken] #5363160 02/29/20 09:47 AM
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faltic Offline OP
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Thanks for all input folks. Sent 'em an email basically saying give me a clear correct estimate without the word "settlement" on any amount listed and I might come back buy. Not expecting a responce.


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19 Tacoma 3.5 2wd AT. Under 3k
17 Highlander 3.5 2wd AT 20k+
19 Suziki S40 Boulevard 4 miles
07 EX250 21k+
11 PCX 125 5K+
Re: Question about paper work covering purchase of new motorcycle [Re: faltic] #5363220 02/29/20 10:36 AM
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bachman Offline
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Yeah. Just like a car deal, each line item or fee should be easily seen, represented and easily explained. Price, less trade, add in tax, maybe license fees.
If they seem generous on trade, they may inflate the new bike price. Hiding numbers is no way to do biz and you still arrive at an out the door total so you can have it both ways. Answers to your itemized fees and the total. How or why anyone (respectable business) gets away with crafty paperwork or creating mystery is relative to the customers that purchase under shady details and either don't mind or would rather chance getting snaked.


95 Honda Nighthawk- Rotella T6 syn
17 Golf SW 4MO dsg- Dealer LOF/5-6k *New spec syn -VW/Audi XOM ?
16 Mazda CX9 Tour- Dealer LOF/5-6k Casterol full syn
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