They may do the motor at a small markup but look at what some charge for fitting. Leigh
They may do the motor at a small markup but look at what some charge for fitting. Leigh
I even have to supply work clothes, safety boots and all other PPE.Originally Posted by finding_time
Full agree Pinhead And your list just scratches the surface of costs, you could add staff super, accounts fees, all Government charges ( business rego, company rego etc, workers comp etc etc, vehicle rego), WPHS costs (tagging electrical equipment, tranning , etc) water,advertising( a biggy i would think) and on and on and on.
I have costed my business down to exactly how much it costs me per hour to stay viable..and I know I would close down in no time if I worked on 10% mark up.
I was told something quite a few years ago which I have not forgotten.
You can out and work really hard every day...get lots of work because you are not pricing correctly (too cheap..not done the homework on overheads) and you will go broke.
You can also sit at home all day and watch TV..and you will go broke.
BUT..whilst watching TV you are not racking up debts to suppliers etc and working your butt off.
I know that if I have to go broke which one I would choose.
Back to the original question: offer them what you think is a fair price and maybe they will accept that..if not then both sides may compromise.
If it is what you really want then be fair as you may want them in business still if you have any issues with the product you buy.
What you offer them depends on what you think is fair price . If the boat is overpriced they won't sell it so you can go lowball .
If priced bang on market they will sell it, just try to get something off .
I sold a boat 3 months ago at the advertised price $43900 because it was the right price. You always get dick***ds that will offer you $10-15k less regardless of the price, I just say thanks but no thanks.
It is the buyers benefit if seller overprices the boat because he won't get much interest in it and the sellers advantage to price it right at the selling price so you get more interest .
Whenever I sell a boat/car I try to price it right on the selling price and I never bargain.
Do your research, check prices of other boats of the same make/condition etc and then deside what this boat is worth, remember is worth exacly what someone will pay for it.
Good luck with it .
I can assure all the "non believers" that bennyboy is correct in what he is saying and i back his comments 100%.
There appear to be some "dealers" that are happy to work on a 5% markup on new boat, motor, trailer packages. A good situation for the consumer, not so good for the dealership trying to make a $. Used rigs are a different story. There is no standard % markup on used. The price will be determined by whatever the market value of the goods at the time.
RTFM1000.
Best way I have every brought boats, and I've had more than my fair share, is go shopping and cashed up and look for boats on consignment. The dealer generally gets a straight % cut from the seller and is usually keen to encourage a sale at just about any price. Also, as has been suggested, get the dealer to ring the seller and make a cash now offer while you consider and can quote a few other options.
My current boat was an absolute nick under these circumstances.....also agree with the comment about fitting. What some dealers miss on the sale price they make up for on fitting and servicing...which I can understand. No one in business can live on a 5% sales margin...they have to have a profit line and this is generally the workshop.
Cheap priced encourage an increasing customer base that in turn use the service facilities of "their" dealer. Typical "loss leader" sales strategy which can work for some. Profitless volume is usually dumb but if the business model has been geared and planned around after sales service and add ons it can be a winner.
KC
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