Go Back  Bike Forums > Bike Forums > General Cycling Discussion
Reload this Page >

How much discount is possible in general?

General Cycling Discussion Have a cycling related question or comment that doesn't fit in one of the other specialty forums? Drop on in and post in here! When possible, please select the forum above that most fits your post!

How much discount is possible in general?

Reply

Old 07-31-16, 09:28 AM
  #1  
Uptown Cyclist
Junior Member
Thread Starter
 
Join Date: May 2016
Location: Turkey
Posts: 10

Bikes: Lapierre Audacio 400 2015(About to be sold)

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
How much discount is possible in general?

Hello guys I'm uğur from Turkey.Next year I'll be in US for Work & Travel.Currently I'm saving some money to get my second road bike because I sold my lapierre audacio 400.Anyway what I wonder is, how much discount would I get if I pay in cash? I mean how much do you get while buying a brand new bike most of the time? Are the bike shops cruel or willing to help in US? and particularly I'm considering to visit the RA Cycles in New York for BMC Teammachine SLR03 Tiagra.The bike is 1.900 Usd.I just need your predictions.If I can't afford the bike, I'll probably buy a Tcr Advanced with 105 components.Thank you!
Uptown Cyclist is offline  
Reply With Quote
Old 07-31-16, 09:38 AM
  #2  
Larry77
Senior Member
 
Join Date: Nov 2004
Location: Western PDX
Posts: 210

Bikes: Cannondale Synapse, Focus Izalco, Focus Mares CX, BMC GF02, Giant VT3 MTB (upgraded), Felt Brougham SS

Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 56 Post(s)
In my experience how you pay doesn't get you any discount. If you buy last years model you definitely will get some kind of discount. For example, I paid $3,600 for a last years model of a bike that was listed at $4,800.
Larry77 is offline  
Reply With Quote
Old 07-31-16, 09:46 AM
  #3  
DaveQ24 
Senior Member
 
DaveQ24's Avatar
 
Join Date: Apr 2016
Posts: 832

Bikes: Enough plus 1

Mentioned: 5 Post(s)
Tagged: 0 Thread(s)
Quoted: 364 Post(s)
Our culture doesn't work that way. "Cash discounts" are offered by some businesses for very large purchases to end consumers - home remodeling/repair is a good example. And some businesses actually charge a small surcharge on credit card transactions to offset merchant fees they pay.

But as a rule not for "consumer purchases" although I suppose some mom and pop shop might go for it.


What you need to look for, instead, are sales and promotions and clearances, especially on older models - you can get really good deals on performance bike dot com for example in their outlet bike section and also get bonus points you can use to buy other gear.

Carrying a lot of cash in the US is not a good idea - if you're robbed you are just out - put it into some secure electronic form like a prepaid credit or debit card or a bank account with a debit card.
DaveQ24 is offline  
Reply With Quote
Old 07-31-16, 09:56 AM
  #4  
Uptown Cyclist
Junior Member
Thread Starter
 
Join Date: May 2016
Location: Turkey
Posts: 10

Bikes: Lapierre Audacio 400 2015(About to be sold)

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
Whoa kinda messages that I didn't expect... We always get discounts for bikes especially when we pay in cash.Anyway, according to this sad truth I'll get the Giant.Because with the bike there are also other things I need to buy, jersey, bib shorts, glasses, helmet etc. Thank you for letting me know that.I'll immediately stop dreaming about nonsense now.Ride safe!
Uptown Cyclist is offline  
Reply With Quote
Old 07-31-16, 10:02 AM
  #5  
Homebrew01
Super Moderator
 
Homebrew01's Avatar
 
Join Date: Jul 2004
Location: Ffld Cnty Connecticut
Posts: 20,911

Bikes: Old Steelies I made, Old Cannondales

Mentioned: 10 Post(s)
Tagged: 0 Thread(s)
Quoted: 729 Post(s)
You may get a small discount with cash instead of credit card, because the store avoids paying the CC fee, but only a few % points.

As said, you will get bigger discounts if you can find a previous year's bike, but may take a bit of hunting store to store.
__________________
Bikes: Old steel race bikes, old Cannondale race bikes, less old Cannondale race bike, crappy old mtn bike.

FYI: http://www.bikeforums.net/forum-sugg...ad-please.html

Last edited by Homebrew01; 07-31-16 at 10:05 AM.
Homebrew01 is online now  
Reply With Quote
Old 07-31-16, 10:07 AM
  #6  
Uptown Cyclist
Junior Member
Thread Starter
 
Join Date: May 2016
Location: Turkey
Posts: 10

Bikes: Lapierre Audacio 400 2015(About to be sold)

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
That's actually what I thought in the first place.I mean everyone loves to get the money as quick as possible right? So why wouldn't a shop let the costumer pay in cash with a bit less but fast? At least it would get it's money at once.So I'll try to take my chances there.Thank you!
Uptown Cyclist is offline  
Reply With Quote
Old 07-31-16, 12:23 PM
  #7  
AlexCyclistRoch
The Infractionator
 
AlexCyclistRoch's Avatar
 
Join Date: Mar 2016
Location: Rochester, NY
Posts: 2,208

Bikes: Classic road bikes: 1986 Cannondale, 1978 Trek

Mentioned: 9 Post(s)
Tagged: 1 Thread(s)
Quoted: 875 Post(s)
The theory of cash getting discounts is common in countries such as yours where under-reporting of income is rampant, to keep from paying taxes. In the U.S., our revenue enforcement is much more sophisticated, being based on the wholesale purchases rather than the retail sales, and therefore, no advantage to cash is apparent. Here, a credit card purchase puts money in your bank faster than you running the cash down to the bank would. Also, as a foreigner carrying around large amounts of cash, you might be mistaken for a drug-runner, and have the police seize your cash (this happens frequently, especially to people with darker skin).
AlexCyclistRoch is offline  
Reply With Quote
Old 07-31-16, 01:31 PM
  #8  
Uptown Cyclist
Junior Member
Thread Starter
 
Join Date: May 2016
Location: Turkey
Posts: 10

Bikes: Lapierre Audacio 400 2015(About to be sold)

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
Well I'm a brunette but don't think I look a like a drug runner I'm just an English teaching student that minds his own business. Anyway thank you for explaning comprehensively now I see.In this case, I'll try to find the bike that suits my budget best.And also I'll try not to carry a huge amount of cash with me.Just in case...
Uptown Cyclist is offline  
Reply With Quote
Old 07-31-16, 01:50 PM
  #9  
Maelochs
Senior Member
 
Maelochs's Avatar
 
Join Date: Oct 2015
Posts: 10,927

Bikes: 2015 Workswell 066, 2014 Dawes Sheila, 1983 Cannondale 500, 1984 Raleigh Olympian, 2007 Cannondale Rize 4, 2017 Fuji Sportif 1 LE

Mentioned: 122 Post(s)
Tagged: 0 Thread(s)
Quoted: 5104 Post(s)
Not to tell anyone what to do, but ... If I had to buy a lesser bike so I could buy a jersey, I'd ride in a $5 T-shirt and buy the better bike. I would have the bike for years and years ... and I can buy the other stuff cheap, online, on sale, at garage sales ...

Seriously, I have so many pair of high-quality $5 gloves (Nashbar, Pearl Izumi, Louis Garneau, Performance Bike), a $30 helmet (Bell, not some off-brand) and you could buy a pair of shorts for $15 and just wash them a lot while saving up. Glasses, I have Wolfs which cost $5 and do fine. I can wear a Wal-Mart poly t-shirt (Haines SpeediDri) I got for $5.

I rode rat-trap toe-clips ($under $10 for clips and straps) until just a few weeks ago when I splurged on some close-out cycling shoes ($50-$60--one pair each Lake and Giro, for road and MTB cleats) and clipless pedals (Just got some 250-gram-per-pair Wellgo 41s for $20.)

I regularly visit the closeout/returns pages of a couple websites and grab some ridiculous deals.

I rode for a lot of years in cotton t-shirts and cut-off sweat pants---I'd never go back to that, bike shorts are too comfortable--but the idea that people Need to buy all the accessories just to ride a bike---it is not true.

Some people have to wear name brands and all, but at the expense of getting the bike I want? Get the accessories later, and for less.
Maelochs is offline  
Reply With Quote
Old 07-31-16, 03:53 PM
  #10  
fietsbob 
coprolite
 
fietsbob's Avatar
 
Join Date: Jun 2010
Location: NW,Oregon Coast
Posts: 39,610

Bikes: 8

Mentioned: 166 Post(s)
Tagged: 0 Thread(s)
Quoted: 6183 Post(s)
Maybe the 3% that the credit card company charges the business for the credit card processing.

Oregon and New Hampshire don't charge state Sales Taxes .

NYC you will pay both state and city sales tax.




./.

Last edited by fietsbob; 07-31-16 at 03:58 PM.
fietsbob is offline  
Reply With Quote
Old 07-31-16, 04:12 PM
  #11  
FBinNY 
Senior Member
 
Join Date: Apr 2009
Location: New Rochelle, NY
Posts: 36,049

Bikes: too many bikes from 1967 10s (5x2)Frejus to a Sumitomo Ti/Chorus aluminum 10s (10x2), plus one non-susp mtn bike I use as my commuter

Mentioned: 121 Post(s)
Tagged: 1 Thread(s)
Quoted: 4329 Post(s)
To the OP--

Keep in mind that the sales tax system in the USA is very different than the KDV (VAT) in Turkey. VAT of KDV is built into the price of goods you buy there, and may be deducted for export purchases with proper documentation. Here, Sales tax is added to the published at the point of sale, so a $1,900 bike will actually cost $1,900 PLUS a percentage sales tax, ie 8.875% in NYC or roughly $2,070 total.

If you are a sharp negotiator, and ready to walk without buying (the only leverage you have) you might negotiate not paying the tax on a cash sale in a smaller shop where you're dealing directly with the owner.

I'm writing, not to advise about the discount, but to make you aware of the nearly 10% added cost, so you can plan accordingly.
__________________
FB
Chain-L site

An ounce of diagnosis is worth a pound of cure.

“Never argue with an idiot. He will only bring you down to his level and beat you with experience.”, George Carlin

“One accurate measurement is worth a thousand expert opinions” - Adm Grace Murray Hopper - USN

WARNING, I'm from New York. Thin skinned people should maintain safe distance.
FBinNY is offline  
Reply With Quote
Old 07-31-16, 04:22 PM
  #12  
I-Like-To-Bike
Been Around Awhile
 
I-Like-To-Bike's Avatar
 
Join Date: Oct 2004
Location: Burlington Iowa
Posts: 27,464

Bikes: Vaterland and Ragazzi

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 10 Post(s)
Originally Posted by Uptown Cyclist View Post
So why wouldn't a shop let the costumer pay in cash with a bit less but fast? At least it would get it's money at once.So I'll try to take my chances there.Thank you!
Discounts for cash may be in violation of the contract(s) or agreements the shop may have with the various credit card companies that in order for the shop to use the credit card service it may not offer discounts for cash customers.

Any consumer with decent credit can get cash back discounts from 1% to 2% (I use Citi DoubleCash Master Card) on any purchase by using a credit card.
I-Like-To-Bike is offline  
Reply With Quote
Old 07-31-16, 04:46 PM
  #13  
Homebrew01
Super Moderator
 
Homebrew01's Avatar
 
Join Date: Jul 2004
Location: Ffld Cnty Connecticut
Posts: 20,911

Bikes: Old Steelies I made, Old Cannondales

Mentioned: 10 Post(s)
Tagged: 0 Thread(s)
Quoted: 729 Post(s)
You can sneak over to Connecticut and pay "only" 6.3% sales tax.
__________________
Bikes: Old steel race bikes, old Cannondale race bikes, less old Cannondale race bike, crappy old mtn bike.

FYI: http://www.bikeforums.net/forum-sugg...ad-please.html
Homebrew01 is online now  
Reply With Quote
Old 07-31-16, 05:02 PM
  #14  
DaveQ24 
Senior Member
 
DaveQ24's Avatar
 
Join Date: Apr 2016
Posts: 832

Bikes: Enough plus 1

Mentioned: 5 Post(s)
Tagged: 0 Thread(s)
Quoted: 364 Post(s)
To the OP - you very may be able to negotiate a cash discount with the owner of an independent shop, especially if you approach by saying you are looking for a deal and ask what they want to move.

My point was just that "bargaining" like is done in the Middle East and other places isn't an American thing culturally. Here, the marked price is the price people expect to pay at that time. One reason is probably that the vast amount of retail stores are owned by corporations, and employees have no discretion to change a price except in very limited circumstances (damaged goods one example) and even then often need manager approval to do that.
DaveQ24 is offline  
Reply With Quote
Old 07-31-16, 05:06 PM
  #15  
philbob57
Senior Member
 
Join Date: Jul 2013
Location: Chicago North Shore
Posts: 919

Bikes: frankenbike based on MKM frame

Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 211 Post(s)
If you stay in Connecticut or NJ, you may save the whole sales tax, if the store is able to say they delivered the bike outside of New York.

Cash can be hidden much more easily in services than in retail sales. Taxing authorities police sales pretty thoroughly.

I'm just an English teaching student that minds his own business.
Without that statement, I would have doubted that you're really a Turk. :-) Your posts look like they come from an educated native speaker....
philbob57 is online now  
Reply With Quote
Old 07-31-16, 05:18 PM
  #16  
FBinNY 
Senior Member
 
Join Date: Apr 2009
Location: New Rochelle, NY
Posts: 36,049

Bikes: too many bikes from 1967 10s (5x2)Frejus to a Sumitomo Ti/Chorus aluminum 10s (10x2), plus one non-susp mtn bike I use as my commuter

Mentioned: 121 Post(s)
Tagged: 1 Thread(s)
Quoted: 4329 Post(s)
According to the OP, he has a year to go before the buy. Things change in a year, and other options may open up.

One thing to consider when buying internationally is the effect of currency swings. For example, since the Brexit vote, UK Sterling has dropped roughly 15% vs. the Euro. So until bike shops there readjust their prices, bicycles bought in the UK will be 15% cheaper in real terms than the same bikes bought in the EU.

The direct effects of these currency swings tend to be short lived because as new product arrives the prices will reflect the lower buying power of the depreciated currency. That said, a savvy shopper who watches currency fluctuations can often find bargains without any need to negotiate a better deal.
__________________
FB
Chain-L site

An ounce of diagnosis is worth a pound of cure.

“Never argue with an idiot. He will only bring you down to his level and beat you with experience.”, George Carlin

“One accurate measurement is worth a thousand expert opinions” - Adm Grace Murray Hopper - USN

WARNING, I'm from New York. Thin skinned people should maintain safe distance.
FBinNY is offline  
Reply With Quote
Old 07-31-16, 05:46 PM
  #17  
Uptown Cyclist
Junior Member
Thread Starter
 
Join Date: May 2016
Location: Turkey
Posts: 10

Bikes: Lapierre Audacio 400 2015(About to be sold)

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
I can't thank each each of enough for letting me all these in advance.Really.These will certainly help me.Instead of looking for shops in Nyc I can visit the Connecticut.The distance will be a no problem to me and my friend because we'll have rented a car.About my english, I'm flattered thank you! Getting back to the subject what I have now is only a pair of Mavic Ksyrium Elite shoes and a pair of Oakley Jawbreakers that I bought from Chain Reaction.I sadly had had to sell my bike so I just couldn't wear them, not even once.I don't really care about 'the brand thing'. I'll simply get a jersey from Endura or Sugoi which seem to be total bargain and quality.For the bike, Trek Emonda alr 5 seems ok.Anyway, I don't want to change the subject.With the all these significant tips, I'll get what I want with the least damage, I reckon Thank you, messieurs.Ride safe!
Uptown Cyclist is offline  
Reply With Quote
Old 08-06-16, 03:07 PM
  #18  
tajar66
Senior Member
 
Join Date: Jun 2016
Posts: 73
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 20 Post(s)
It doesn't hurt to ask for a cash discount whats the worse that can happen....10% off MSRP of the bike should be easy just ask. I bought a last years model recently and got more than that off because I made a cash offer.
tajar66 is offline  
Reply With Quote
Old 08-06-16, 03:28 PM
  #19  
wphamilton
Senior Member
 
wphamilton's Avatar
 
Join Date: Apr 2011
Location: Alpharetta, GA
Posts: 14,252

Bikes: Nashbar Road

Mentioned: 53 Post(s)
Tagged: 0 Thread(s)
Quoted: 2351 Post(s)
There's nothing wrong with just making an offer. Some will take it.
wphamilton is offline  
Reply With Quote
Old 08-06-16, 04:37 PM
  #20  
fietsbob 
coprolite
 
fietsbob's Avatar
 
Join Date: Jun 2010
Location: NW,Oregon Coast
Posts: 39,610

Bikes: 8

Mentioned: 166 Post(s)
Tagged: 0 Thread(s)
Quoted: 6183 Post(s)
But its not a Bazaar, Shops have to pay for the stuff they sell , + the cost of running the shop and staffing it.
fietsbob is offline  
Reply With Quote
Old 08-06-16, 04:41 PM
  #21  
FBinNY 
Senior Member
 
Join Date: Apr 2009
Location: New Rochelle, NY
Posts: 36,049

Bikes: too many bikes from 1967 10s (5x2)Frejus to a Sumitomo Ti/Chorus aluminum 10s (10x2), plus one non-susp mtn bike I use as my commuter

Mentioned: 121 Post(s)
Tagged: 1 Thread(s)
Quoted: 4329 Post(s)
Originally Posted by fietsbob View Post
But its not a Bazaar, Shops have to pay for the stuff they sell , + the cost of running the shop and staffing it.
Of course, but the owners aren't children and can take care of themselves.

As an owner of a small business, I'd prefer the option of taking less than I prefer on a sale made, than not being offered the choice and getting nothing.

It's perfectly reasonable and fair to ask for a discount. that's especially if you're an out of towner, and likely would not be shopping there except if there were an incentive to do so.

It's also perfectly reasonable for the shop owner to decline, or make you a counter offer.
__________________
FB
Chain-L site

An ounce of diagnosis is worth a pound of cure.

“Never argue with an idiot. He will only bring you down to his level and beat you with experience.”, George Carlin

“One accurate measurement is worth a thousand expert opinions” - Adm Grace Murray Hopper - USN

WARNING, I'm from New York. Thin skinned people should maintain safe distance.
FBinNY is offline  
Reply With Quote
Old 08-06-16, 05:10 PM
  #22  
fietsbob 
coprolite
 
fietsbob's Avatar
 
Join Date: Jun 2010
Location: NW,Oregon Coast
Posts: 39,610

Bikes: 8

Mentioned: 166 Post(s)
Tagged: 0 Thread(s)
Quoted: 6183 Post(s)
wonder how many 'Going out of Business' signs In NYC have to be repainted due to the age of that sale.
fietsbob is offline  
Reply With Quote
Old 08-06-16, 05:32 PM
  #23  
AlexCyclistRoch
The Infractionator
 
AlexCyclistRoch's Avatar
 
Join Date: Mar 2016
Location: Rochester, NY
Posts: 2,208

Bikes: Classic road bikes: 1986 Cannondale, 1978 Trek

Mentioned: 9 Post(s)
Tagged: 1 Thread(s)
Quoted: 875 Post(s)
Originally Posted by fietsbob View Post
wonder how many 'Going out of Business' signs In NYC have to be repainted due to the age of that sale.
Actually, NY requires a license for a 'going out of business sale', limiting how long it can run (generally no longer than 6 months, depending how much stock they have), as well as how much stock can be 'brought in' during the sale.
AlexCyclistRoch is offline  
Reply With Quote
Old 08-06-16, 10:10 PM
  #24  
tajar66
Senior Member
 
Join Date: Jun 2016
Posts: 73
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 20 Post(s)
Originally Posted by fietsbob View Post
But its not a Bazaar, Shops have to pay for the stuff they sell , + the cost of running the shop and staffing it.
No one is forcing them to take the offer... Beside that I have spent way more in the same store on accessories and upgrades. The consumables is where the money is made.
9
tajar66 is offline  
Reply With Quote
Old 08-06-16, 11:49 PM
  #25  
gsa103
Senior Member
 
Join Date: May 2013
Location: SF Bay Area
Posts: 4,166

Bikes: Bianchi Infinito (Celeste, of course)

Mentioned: 19 Post(s)
Tagged: 0 Thread(s)
Quoted: 627 Post(s)
Many shops will offer a significant discount on accessories with the purchase of a new bike. So getting a good price on a bike, helmet, shoes, shorts, jersey can be easier than trying to deals independently.
gsa103 is offline  
Reply With Quote

Thread Tools
Search this Thread

Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service