Thanks for the all the advice.
The salesman at the dealership said nothing pertaining to interest free loans for inventory? (free factory floor planning) what exactly is that?
Is this something that I have to specifically ask him about? and if so is that how I refer to it?
Thanks again for the info.
OF COURSE the salesman at the dealership said nothing about the expiration of factory floor-planning!
And, should you ask, he may not tell you anyway. This information may be considered "dealership confidential."
You may be stiffed, with something like, "Well, the free factory floor-planning VARIES, with different units, and I'm not sure exactly how it pertains to the KLR's."
Here's the deal: The factory encourages dealerships to order inventory; as an incentive, the manufacturers offer interest-free loans, for a certain period, to cover the cost of the motorcycles on the showroom floor. After a certain date, the dealership must make regular interest payments to the factory to "service" the loan for the wholesale value of the new bikes you see.
Why isn't this date publicized? Because, this information gives the buyer purchasing leverage, the ability to negotiate a lower selling price. If the dealership can maintain its inventory at no expense, the incentive to sell it is less than with an interest burden associated with the inventory each month.
Make sense? Regrets, if not! Some dealerships can operate on a cash basis, and do not have to finance their inventory. These are RARE.