Who has purchased a new Africa Twin?

Who has purchased a new Africa Twin?

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Discussion

Alex@POD

6,151 posts

215 months

Wednesday 6th September 2017
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rat840771 said:
I've just bagged the last dakar red one, 3 Matt blacks left.

They get delivered on Tuesday

Couldn't resist that deal, excess mileage is 6p.

I won't be touring on it or commuting much as i will use the Burgman for that so should be around the 12k mark, if not i will pay the extra. Hopefully in 3 years there will be another cracking deal. Out of all manufactures Honda do come up with some amazing deals.

Anyone want a mint GSXR1000K7?
Make your mind up! laugh

Prof Prolapse

16,160 posts

190 months

Wednesday 6th September 2017
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I've booked a test ride to see what the fuss is about.

I'm still not convinced of the merits of new vs. used for this particular bike though which is my only hesitation. A year old, DCT model with under 3000 miles comes in at about £9,000. Saving nearly £3,000 over new, and also makes me wonder whether some people are being optimistic about the depreciation in three years time, especially with deals like this driving down used prices further...

rat840771

2,023 posts

165 months

Wednesday 6th September 2017
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It took me a couple of days to talk the wife around, hopefully new stair/landing carpets should keep her quiet.

Luckily i just got one.

Can't wait, meant to be a right laugh off road and the DCT has about 60 odd settings where you can adjust it for off road use.

Alex@POD said:
rat840771 said:
I've just bagged the last dakar red one, 3 Matt blacks left.

They get delivered on Tuesday

Couldn't resist that deal, excess mileage is 6p.

I won't be touring on it or commuting much as i will use the Burgman for that so should be around the 12k mark, if not i will pay the extra. Hopefully in 3 years there will be another cracking deal. Out of all manufactures Honda do come up with some amazing deals.

Anyone want a mint GSXR1000K7?
Make your mind up! laugh

rat840771

2,023 posts

165 months

Wednesday 6th September 2017
quotequote all
Lings Honda are also doing a 0% deal at £39 a month....But that deal requires a £3.8k deposit so over 5K vs £2500 for 3 years.

It really is an amazing deal i couldn't pass up.


Alex@POD

6,151 posts

215 months

Wednesday 6th September 2017
quotequote all
Prof Prolapse said:
I've booked a test ride to see what the fuss is about.

I'm still not convinced of the merits of new vs. used for this particular bike though which is my only hesitation. A year old, DCT model with under 3000 miles comes in at about £9,000. Saving nearly £3,000 over new, and also makes me wonder whether some people are being optimistic about the depreciation in three years time, especially with deals like this driving down used prices further...
For me it was the lack of deposit and low monthly payments, it's the only way I can afford to change at the moment... I wouldn't be able to match that on a used bike.

Prof Prolapse

16,160 posts

190 months

Wednesday 6th September 2017
quotequote all
Yeah, I've never bought anything on PCP before so just thinking about the ins and outs of it. I can get a 12 month old one at about 0% as well, so (with a few reasonable assumptions), in three years time it works out about £4,500 extra for me to buy from new outright rather than used outright.

Food for thought. I'll see if the test ride sways me, there are undoubtedly real merits to buying new rather than used which need to be accounted for.


rat840771

2,023 posts

165 months

Wednesday 6th September 2017
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I know what you mean prof - i would never do a PCP deal.

My last K2 Gsxr i bought for £2200 and sold for £2600 over 2 years later, 2nd hand it a lot better value.

My current K7 will hopefully be the same where i should not loose too much cash and i will bank that money and maybe pay off the Africa or just walk away and give it back.

Being discounted a lot of the depreciation has been funded by Honda, to be honest i don;t think you will see this deal again for a while, but in 3 years time there will be 31 Africa Twins for sale at a decent price.

As Alex says zero deposit and £70 a month a can live with

graeme4130

3,828 posts

181 months

Wednesday 6th September 2017
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I've had mine for around 18months now
It's a really good bike, but I'll be the first to admit that it doesn't really get used enough, and virtually never for anything other than general road riding for when I need to go somewhere, but don't fancy going in my car
I have a manual, but wish I'd gone for the DCT in all honestly

BobSaunders

3,033 posts

155 months

Wednesday 6th September 2017
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What exactly is so good about the Honda AT over the BMW GS?

supercommuter

Original Poster:

2,169 posts

102 months

Wednesday 6th September 2017
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Prof Prolapse said:
Isn't this finance capped at 4,000 miles for three years though? You won't be doing many trips to Africa on one then....

I do more than that on my sportsbike. I'd find that very restrictive as I'd want to do some serious mileage if I took the plunge on an Adventure bike.

Edit: Actually 7p a mile excess isn't so bad as long as you were happy to go over from the outset!
Prof Prolapse said:
Yeah, I've never bought anything on PCP before so just thinking about the ins and outs of it. I can get a 12 month old one at about 0% as well, so (with a few reasonable assumptions), in three years time it works out about £4,500 extra for me to buy from new outright rather than used outright.

Food for thought. I'll see if the test ride sways me, there are undoubtedly real merits to buying new rather than used which need to be accounted for.
rat840771 said:
I know what you mean prof - i would never do a PCP deal.

My last K2 Gsxr i bought for £2200 and sold for £2600 over 2 years later, 2nd hand it a lot better value.

My current K7 will hopefully be the same where i should not loose too much cash and i will bank that money and maybe pay off the Africa or just walk away and give it back.

Being discounted a lot of the depreciation has been funded by Honda, to be honest i don;t think you will see this deal again for a while, but in 3 years time there will be 31 Africa Twins for sale at a decent price.

As Alex says zero deposit and £70 a month a can live with
You are both looking at this wrong IMO. This isn't a new vs used argument.

This is a NEW purchase. Everyone knows you can get 'more' for your money used.

I just look at the total price of the payments and bubble, for a new bike. I am buying it at the end anyway so I don't care what the mileage restriction is. That said, if I don't use it that much I could always give it back, it is a nice safety net.

This is my second new bike, last one was a Honda and on 0 percent PCP. I just paid the bubble at the end anyway. They offered no cash discount so 0 percent was a no brainer.


Edited by supercommuter on Wednesday 6th September 11:57

Prof Prolapse

16,160 posts

190 months

Wednesday 6th September 2017
quotequote all
supercommuter said:
You are both looking at this wrong IMO. This isn't a new vs used argument.

This is a NEW purchase. Everyone knows you can get 'more' for your money used.

I just look at the total price of the payments and bubble, for a new bike. I am buying it at the end anyway so I don't care what the mileage restriction is. That said, if I don't use it that much I could always give it back, it is a nice safety net.

This is my second new bike, last one was a Honda and on 0 percent PCP. I just paid the bubble at the end anyway. They offered no cash discount so 0 percent was a no brainer.
You mean if you ignore the fact you can buy the same bike, in almost new condition for three grand less PCP makes great financial sense? Well, yes, yes it does... biglaugh

Joking aside, it might make a decision easier to dismiss it so quickly as comparable, but for those who intend on buying the bike outright, and can find £9,000 it is very relevant, for me it's £4,500 extra (what will be over 50% of the total value in three years) for what is the same bike just 11 months older. I can't dismiss that as an irrelevance personally, especially when I find the merits of a new bike in this instance questionable.

But if you must have a new bike, have no aspirations of ever owning it, are happy to be tied in for three years, and/or cannot raise the deposit/used price, then yes, it is objectively a very good deal.






Alex@POD

6,151 posts

215 months

Wednesday 6th September 2017
quotequote all
BobSaunders said:
What exactly is so good about the Honda AT over the BMW GS?
I've been reading a few reviews and watching a few videos over the past couple of days, I think the BMW is still the better bike for most of us, but it's bigger and heavier, and costs a fair bit more.

Also, while it's growing on me with each update, it's not exactly a looker!

supercommuter

Original Poster:

2,169 posts

102 months

Wednesday 6th September 2017
quotequote all
Prof Prolapse said:
supercommuter said:
You are both looking at this wrong IMO. This isn't a new vs used argument.

This is a NEW purchase. Everyone knows you can get 'more' for your money used.

I just look at the total price of the payments and bubble, for a new bike. I am buying it at the end anyway so I don't care what the mileage restriction is. That said, if I don't use it that much I could always give it back, it is a nice safety net.

This is my second new bike, last one was a Honda and on 0 percent PCP. I just paid the bubble at the end anyway. They offered no cash discount so 0 percent was a no brainer.
You mean if you ignore the fact you can buy the same bike, in almost new condition for three grand less it makes great financial sense? Well, yes, yes it does... biglaugh

Joking aside, it might make a decnision easier to dismiss it, but for those who intend on buying the bike outright, and can find £9,000 it is very relevant, for me it's £4,500 extra (what will be over 50% of the total value in three years) for what is the same bike just 11 months older. I can't dismiss that as an irrelevance personally, especially when I find the merits of a new bike in this instance questionable.

But if you must have a new bike, have no aspirations of ever owning it, are happy to be tied in for three years, and/or cannot raise the deposit/used price, then yes, it is objectively a very good deal.
Somewhat sweeping comment in your last paragraph laugh

I will be owning it after 3 years, just like I did my last honda tourer. When it comes to my commuters/tourers I prefer a new bike. I do huge miles and like to know how they have been treated from the word go. No discount available for outright purchase, so I see no point in shelling out in one go.

All my sports bikes are used. I rely less on their reliability..hence why I get them used and outright.

It is a good job somebody buys them new, otherwise you couldn't enjoy the 11 month old bargains smile

ETA: Collecting mine 16th September smile

Edited by supercommuter on Wednesday 6th September 12:08

Prof Prolapse

16,160 posts

190 months

Wednesday 6th September 2017
quotequote all
I didn't mean to be "sweeping" (or mean!) I just wanted to summarise the ideal situation for someone considering this type of payment plan, especially as it's not something I've considered previously and I do like people to tell me when I'm wrong. I understanding needing new entirely, there's real benefits to buying new in some circumstances, and everyone can enjoy the "I've got a new bike" factor, which is more a good reason than most in my opinion.

Did you go for the DCT? That's the one I'm looking at.






supercommuter

Original Poster:

2,169 posts

102 months

Wednesday 6th September 2017
quotequote all
Prof Prolapse said:
I didn't mean to be "sweeping" (or mean!) I just wanted to summarise the ideal situation for someone considering this type of payment plan, especially as it's not something I've considered previously and I do like people to tell me when I'm wrong. I understanding needing new entirely, there's real benefits to buying new in some circumstances, and everyone can enjoy the "I've got a new bike" factor, which is more a good reason than most in my opinion.

Did you go for the DCT? That's the one I'm looking at.
Yep, DCT in matt black. I rode the NC750x with their auto and i really liked it, especially for mundane commuting work or touring.

Was initially worried about it in slow moving traffic, but seemed quite natural after 10 minutes.

Really looking forward to picking this one up. Just need to decide if I sell my current commuter or keep it as a backup. Not sure what a 3 year old bike with 75,000 miles on is worth frown

Alex@POD

6,151 posts

215 months

Wednesday 6th September 2017
quotequote all
supercommuter said:
ETA: Collecting mine 16th September smile
Did they get in touch with you about it, or did you ring them? I've not manage to speak with a sales person since Monday!

supercommuter

Original Poster:

2,169 posts

102 months

Wednesday 6th September 2017
quotequote all
Alex@POD said:
supercommuter said:
ETA: Collecting mine 16th September smile
Did they get in touch with you about it, or did you ring them? I've not manage to speak with a sales person since Monday!
I called them mate. Lad called Leon who does their contracts has just sent me mine.

Alex@POD

6,151 posts

215 months

Wednesday 6th September 2017
quotequote all
Prof Prolapse said:
You mean if you ignore the fact you can buy the same bike, in almost new condition for three grand less PCP makes great financial sense? Well, yes, yes it does... biglaugh
I would agree with you about PCP vs used in normal circumstances, but with the deal being referred to we are talking about a total payment of 9k for a new one, which you pay in instalments, or just under 9k for a used one, this is why so many people are jumping on it.

ETA: collection arranged for Thursday 14th!

Edited by Alex@POD on Wednesday 6th September 14:14

NITO

1,084 posts

206 months

Wednesday 6th September 2017
quotequote all
Prof Prolapse said:
You mean if you ignore the fact you can buy the same bike, in almost new condition for three grand less PCP makes great financial sense? Well, yes, yes it does... biglaugh

Joking aside, it might make a decision easier to dismiss it so quickly as comparable, but for those who intend on buying the bike outright, and can find £9,000 it is very relevant, for me it's £4,500 extra (what will be over 50% of the total value in three years) for what is the same bike just 11 months older. I can't dismiss that as an irrelevance personally, especially when I find the merits of a new bike in this instance questionable.

But if you must have a new bike, have no aspirations of ever owning it, are happy to be tied in for three years, and/or cannot raise the deposit/used price, then yes, it is objectively a very good deal.
I think you've missed the point entirely in this example and/or haven't actually read the deal. Yes it's Zero deposit and 0% APR. But, there is also a £3,264.76 dealer contribution. So if you pay 9k for your used one with a years less warranty, you'd feel a fool when you could have brand new for £8,914.24 and for many on very affordable spread out payments for no extra cost! wink


Tedders

39 posts

226 months

Wednesday 6th September 2017
quotequote all
It's an amazing deal...

I've put a deposit down on a black one, just need to test ride one tomorrow at my local dealer. I've never ridden an Adventure Bike before and have a few reservations about the size of the thing. I'm about 5ft 8 with a 31-32" inseam.