Are you saying the dealer does not get the VIN until they recieve the bike? Doesn't that make it difficult for managing a trade-in? Say a buyer wants to trade a used ride against a new FJR. How can the dealer sell the used bike without the paperwork finalized for the new bike? This deal could be struck 6 months or more ahead of delivery. Even worse what if there is negative equity on the used bike and a lean balance that will move to the new contract? It would be difficult to give guantees to the buyer to release their old bike before the FJR comes in. Just sounds way more complicated to handle than a traditional sale.
Bobby
Bobby,
We have no VIN until the bike is invoiced. I wouldn't think Yamaha would have this either. They would have a manifest of the numbers in a container, but until they are unloaded at port and the numbers verified it would not be feasible to give these to a dealer.
As far as trades go.....you would have to arrive at a price based upon the condition at the time the bike is appraised with an understanding that if the condition of the bike changes then so will the trade allowance. You could go ahead and trade and release the bike including any negative equity and start a deal with a dealer with the understanding that if the bike sells and then you can't follow through with your end you are owed the trade allowance and if there is negative trade equity then you would owe that difference if the bike has been paid off by the dealer.
Confused yet? It's easy to get that way! :blink:
Regards,
Tony Orihuela
Yamaha Sportscenter
