Rocket - Unfair Pricing?

I’ve got some paperwork somewhere and I think the price is £16000
The rest is on the road taxes and registration stuff

 

Should sell well then

 

In the UK we have 20% VAT plus 10% Car Tax that is calculated on the VAT added price.

A £10k ex works bike becomes £12k then £13,200. An Aussie will tell you local tax rates ........ but we are heavily taxed in a way too few seem to appreciate.

 

Yep UK prices include the 20% VAT.......

 

It’s closer to Thailand so not as much shipping cost??

I don’t think you can just compare one countries costs to another. Different duties, taxes etc as been mentioned but also the need to sell in different economies. Australia may be a target market for Triumph so the bike is cheaper there. Who knows. They will have done their research and seen where they can make profit to offset any losses (if there are any)

 

IMHO Those that chose to lose on a new bike are I believe, those that can
A. Obviously afford to in some form

but more importantly

B. Those that believe life is too short to lose out on years of riding what bike (car etc) you want waiting for the price to fall

Neither those that choose a new bike or don’t are wrong, it’s just a choice we make.

 

Just get it

 

Also depends on how crazy the manufacturer wants to move them. I would never pay full price for a new Honda or KTM as it is only a matter of time before 4 years 0% interest and feee panniers etc are offered and you are left up the proverbial creek. No dealer can give you a good trade in offer.
Triumph seem to of entered a period of maintaining the price unless a new model is imminent.
That being said... Tiger 1200’s value seem to drop quicker than a lady of the nights knickers even before the new models are imminent
I guess most would rather have a GS?

Not to go too off topic but also the PCP interest rates seem to have an influence too.

Rather than depreciation I worry more about paying for example 9.9% interest on BMW and 7.9% on Triumph with today’s loan rates available.being available from 1.9%

 

Its basic economics, each country has a price ratio index, gdp, taxes, cost of living etc. A loaf of bread in India is 5p its £1.20 here and $2.00 in Aussie.

 

I got my Street Twin on a pre-registered deal end of 2018 as the new model was coming out. Effectively new but at £6400 it was hard to refuse, lucky with the timimg. Never owned anything from new before because of depreciation, but would add to the reasons for buying from new that you can do everything how you want, like running in, servicing, weather protection etc.

 

PCP doesn’t really dodge depreciation. You are still servicing a loan based on the difference between ticket price and forecast residuals. The latter is conservatively pitched to protect dealer and lender alike; the borrower pays.

 

Arguably with PCP depreciation is the only thing that you are paying off?

 

Buying with a PCP puts both bikes, cars and many other products within the affordabilty reach of significantly more of the population than buying out right or with a loan. This is good for the manufacturers and their dealer networks and this is why this mode of purchasing is pushed so hard, with all sorts of incentives.

 

Yep this is very true

 

When I bought my bike they made the PCP seem very reasonable, something like £100 per month. It was sold as something you do for three years and then get a new bike and start again. It did make me think, I suppose good if you always want latest models, but I had the savings, wanted to own my own bike and wanted to have the freedom to make my own mind up when I change it, if ever!