I was talking to a dealer north of Toronto today who says they're selling off new 2010 GS 500F's for $3995 plus tax. He says Suzuki isn't going to make them any more so they're just selling off what they have left. I can't believe this price. I know the dealer and have no reason to think they're making this up (I bought my bike there) and they have an ad in the local Auto Trader showing that price. Has anyone heard that the GS is being discontinued and being blown out by Suzuki?
There were stories floating around here in the US because the 2009 was the last model available. And guess what? You have 2010 models! So does Europe (both naked and fared!) We've had the same sale price here so I just see it as a sale. Sometimes Suzuki has skipped a year and other times it has been mostly color changes.
My dealers don't have anything to say. They don't know what's coming out because of the slow economy. One site had new 2011 models shown and there weren't many. So I think it is just a year being skipped, as with many other models.
If saying they're stopping them is a reason for a sale - pretty poor reason. The $4k price is also pretty common for the GS500 and also for the Ninja 500.
If they do discontinue it, I think they will have a nearly identical replacement with up to date instruments. The antiquated instruments are the only outdated feature. Or they will do a change like going from 200 to 2001 models. Maybe they'll change the clutch lever so we can finally put high quality levers there.
ya bought my 2009 for that price (plus tax title and registration) oh ... about 2 months ago now brand new, 1.5 miles on the gauge ^_^
I'd think that the GS500 is a cash-cow for Suzuki.. :dunno_black:
Well, you know everything is more expensive in Canada! List is $7400 up here and I paid $5300 for my '09 new and that was considered an outrageous deal at the time. $3995 is the price of a scooter up here! :laugh:
suzuki.com in USA shows 2011 for $4300. $3900 for leftover 2010 at tail end of riding season is OK. I saw ninja 500 for $3700 new down in Mass.
What's a link to see the 2011? All I can find is the 2009. Only the Hayabusa for 2011 in sport bikes at suzuki.com
http://suzukicycles.com/Product%20Lines/Cycles.aspx?year=2011
^^
LoL couldnt post fast enough, I have the same question as adidasguy
here is the GS500 specific page that only shows it going to 2009
http://suzukicycles.com/Product%20Lines/Cycles/Products/GS500F/2009/GS500F.aspx?category=sportbike (http://suzukicycles.com/Product%20Lines/Cycles/Products/GS500F/2009/GS500F.aspx?category=sportbike)
lol i actually had that page open too.
i want me a new bike and you're tempting meee
That's a fantastic price for a new bike with warranty. Fantazing about taking a trip to NY, buying a GS, riding across the US and sticking the bike on a ship home to Oz. Wld be almost a "free" holiday compared to the $8k for a GS here i Oz - particularly with the $A being as strong as it is againt the $US.
Wonder if Spain is bit of an expensive place for Suzuki to be bundling up the GS these days?
Quote from: Blues hurler on October 06, 2010, 04:11:22 PM
I was talking to a dealer north of Toronto today who says they're selling off new 2010 GS 500F's for $3995 plus tax. He says Suzuki isn't going to make them any more so they're just selling off what they have left. I can't believe this price. I know the dealer and have no reason to think they're making this up (I bought my bike there) and they have an ad in the local Auto Trader showing that price. Has anyone heard that the GS is being discontinued and being blown out by Suzuki?
Story I heard was that they over built and overstocked GS500 in USA for 09........(and 08) the economy tanked and nobody bought bikes like they did two or three years earlier.........so they did not import any '10 GS500.......they are out in other countries..........No plan to drop the model altogether though.........
I bought my 09 in June this year..........$4295 INCLUDING dealer prep, destination etc........
Does that $3995 include these typical dealer add-on charges?
Anyway, either price is fantastic for the GS500...........Bike is worth far more IMHO.......
When I saw the sale price I jumped at it....traded in my old Honda Rebel, and got the GS500..........Glad I did........
I just LOVE the GS............perfect bike for me.........mostly for commuting (good gas mileage, about 60 to 65 mpg) but great fun to ride too.
over 8000 miles in less than 4 months!!!
Cookie
I started commuting at the start of last week on mine I am actually getting pretty "bad" gas millage in comparison about 46 mpg ... about half of my 25 miles 1 way is stop and go traffic and when i get going I may be a little hard on the throttle...
Oh and by bad i mean in comparison to the 60 sticker mpg its supposed to get, considering I think my poor s-10 gets 18 mpg, the bike is still paying for itself =P
Quote from: twocool on October 07, 2010, 05:30:20 AM
Quote from: Blues hurler on October 06, 2010, 04:11:22 PM
I was talking to a dealer north of Toronto today who says they're selling off new 2010 GS 500F's for $3995 plus tax. He says Suzuki isn't going to make them any more so they're just selling off what they have left. I can't believe this price. I know the dealer and have no reason to think they're making this up (I bought my bike there) and they have an ad in the local Auto Trader showing that price. Has anyone heard that the GS is being discontinued and being blown out by Suzuki?
I bought my 09 in June this year..........$4295 INCLUDING dealer prep, destination etc........
Does that $3995 include these typical dealer add-on charges?
Anyway, either price is fantastic for the GS500...........Bike is worth far more IMHO.......
Cookie
Yep, $3995 inlcudes everything but sales tax (13% in Ontario) and licence. You'd have to pay another 3 or 4K to get into a GSX 650F up here. I still see dealers asking $5995 for GS 500F's.
OK I misread site. 2011 page has no 500F.
Doesn't surprise me - There was a run on motorcycles during the gas panic a few years ago, so I'd expect Suzuki would step up production to meet the anticipated demand. Demand fizzled a bit when gas prices dropped, then tanked with the economy.
As for the GS 500 going away? Tough to say. I wouldn't be surprised to see an update or replacement, but I'd be shocked if it just dropped off entirely - the gap between the TU250 and the GSX650F is just too big to leave empty.
yeah i got mine 2 weeks ago for 3999. great deal for a new bike! no complaints here
I wonder how many people that start on on GS500's later buy another suzuki like a gixxer, SV, or VStrom? That could be reason enough to make sure low priced suzukis are still around.
Personally if I upgrade I plan to, to the GSX-F ^_^ because I like the look and the colors, so if I go up, thats what I am getting
er dealer insane?
Quote from: Blues hurler on October 06, 2010, 04:11:22 PM
I was talking to a dealer north of Toronto today who says they're selling off new 2010 GS 500F's for $3995 plus tax. He says Suzuki isn't going to make them any more so they're just selling off what they have left. I can't believe this price. I know the dealer and have no reason to think they're making this up (I bought my bike there) and they have an ad in the local Auto Trader showing that price. Has anyone heard that the GS is being discontinued and being blown out by Suzuki?
That certainly is cheap, I dont know how they would make money, what is the name of the dealer who has this deal going on? This is one of the cheapest I could find; found another small bike store selling F's for $4799...but thats as low as Ive seen in Ontario. Still a bargain for a new bike with full warranty.
http://tricitycycle.ca/suzuki.html
The GS5 has been removed from most markets owing to exhaust emission legislation. It had a stay of execution when Tier 2 legislation was deferred by 2 years but it looks like time has now finally caught up with it.
It's Suzuki of Newmarket. And since I got rear-ended last week and my bike is trashed (with less than 2000 km's on the clock) I may be in the market for one!
my god in australia i payed $7800 ride away,almost cheaper to buy one from states and ship it here.nice bargin mate enjoy.
Quote from: danielarms76 on October 14, 2010, 01:03:57 PM
my god in australia i payed $7800 ride away,
Lucky bastard, I paid 8700 for mine.
Quote from: Blues hurler on October 14, 2010, 06:58:32 AM
It's Suzuki of Newmarket. And since I got rear-ended last week and my bike is trashed (with less than 2000 km's on the clock) I may be in the market for one!
Wow, for Canadian prices thats an amazing deal considering people ask about that much for a 2-3 year old used one around here. (http://www.autotrader.ca/result/AdFrameless.aspx?id=2991260) I paid ~1000 more for my new '09 in March and I thought
I got a good deal. Sure makes the used prices bottom out ...
Quote from: fraze11 on October 15, 2010, 05:11:21 AM
Quote from: Blues hurler on October 14, 2010, 06:58:32 AM
It's Suzuki of Newmarket. And since I got rear-ended last week and my bike is trashed (with less than 2000 km's on the clock) I may be in the market for one!
Wow, for Canadian prices thats an amazing deal considering people ask about that much for a 2-3 year old used one around here. (http://www.autotrader.ca/result/AdFrameless.aspx?id=2991260) I paid ~1000 more for my new '09 in March and I thought I got a good deal. Sure makes the used prices bottom out ...
That's the problem. A week before my crash I went in to see about trading my '09 on a 2010 GSX 650F and they'd only give me $3K trade-in because the new 500's are now so cheap. I eventually got them up to $3500, but it was still too big a jump to the 650.
Quote from: Blues hurler on October 15, 2010, 07:52:45 AM
Quote from: fraze11 on October 15, 2010, 05:11:21 AM
Quote from: Blues hurler on October 14, 2010, 06:58:32 AM
It's Suzuki of Newmarket. And since I got rear-ended last week and my bike is trashed (with less than 2000 km's on the clock) I may be in the market for one!
Wow, for Canadian prices thats an amazing deal considering people ask about that much for a 2-3 year old used one around here. (http://www.autotrader.ca/result/AdFrameless.aspx?id=2991260) I paid ~1000 more for my new '09 in March and I thought I got a good deal. Sure makes the used prices bottom out ...
That's the problem. A week before my crash I went in to see about trading my '09 on a 2010 GSX 650F and they'd only give me $3K trade-in because the new 500's are now so cheap. I eventually got them up to $3500, but it was still too big a jump to the 650.
WOW! That seems like a great trade in for an '09........what price could they possibly resell it for ? I certainly would not buy a used 09 for $4000 if I could get a new one for $4300........
But........what did they want for the new 650 ? maybe making up the difference in that price.?........
I worked for a car dealer for a shot while.........here's the game........its called the price triangle.....
New vehicle price.........trade in price............finance price........
They simply jockey around these three prices until the customer seems to like the deal.
If the customer wants a lot for his trade in....they say sure....and then raise the cost of the new vehicle..........if the customer complains about the new vehicle cost...they say fine....and come up with higher financing cost.........Ia a customer want a certain monthly payment...they just lower the trade in............goes round and round!
Cookie
Also know... at least in Aust... the Dealer gets Floor Terms. That is, they owe Nothing on the bike for 90 days. If it hasn't sold in 90 days they then owe Interest on it.
AND... when they trade they know Beforehand how much they will get for the bike - some just off them right away to a Wholesaler or Auction House
AND... depending on what you buy, the Size of the trade-in will also vary as the Higher Priced thing you're buying gives them more Wiggle Room.
AND... though a salesman might not know or it is told "no, it doesn't happen" by the boss, the Factory does offer Bonuses for sales.
So even if you see you got the bike for Below "Dealer Invoice" and you Think, "Ha, I screwed them" they Still made money.
Try this...
Get a trade price... or sell to them outright price.
Get a price on a Cash Sale of a bike.
Now ask them to deduct the Trade Price from the Cash Sale price. They won't do it. If they do, the prices they gave you were "just in case you pulled this stunt" prices.
You see a bike for sale for... let's called it $10k for ease.
You go in with your Generic Brand and want to do a deal.
A few number crunches and check with the boss later, you are informed, the trade in value is $3k. The changeover price is therefore $7k. Cool. You got it for $7k. Screwed them, right?
WRONG!
The $3k they offered you for your bike is what the wholesaler or auction house just told them they would buy it for.
They got Full Price for the bike you just bought.
And, even if they don't off the bike to someone else and instead put the bike in their lot... they didn't Pay for your bike out of their pocket. Even if they had no profit $ in the $7k price, they financed the $3k difference at Interest Only. So the most your bike will actually cost them is a month or two of interest. At 10% on the $3k over 12 months, they're looking at $300 interest. Monthly, that's twenty five bucks. So even if they then sell it on for the $3k you think you got, in the end they got Full Price for the bike you bought and More than $3k for your bike as the next person probably bought on finance.
Like twocool said, they just juggle the numbers around until you Feel it's a win. But They Win no matter the numbers.
Michael
Quote from: mister on October 15, 2010, 05:47:34 PM
Also know... at least in Aust... the Dealer gets Floor Terms. That is, they owe Nothing on the bike for 90 days. If it hasn't sold in 90 days they then owe Interest on it.
AND... when they trade they know Beforehand how much they will get for the bike - some just off them right away to a Wholesaler or Auction House
AND... depending on what you buy, the Size of the trade-in will also vary as the Higher Priced thing you're buying gives them more Wiggle Room.
AND... though a salesman might not know or it is told "no, it doesn't happen" by the boss, the Factory does offer Bonuses for sales.
So even if you see you got the bike for Below "Dealer Invoice" and you Think, "Ha, I screwed them" they Still made money.
Try this...
Get a trade price... or sell to them outright price.
Get a price on a Cash Sale of a bike.
Now ask them to deduct the Trade Price from the Cash Sale price. They won't do it. If they do, the prices they gave you were "just in case you pulled this stunt" prices.
You see a bike for sale for... let's called it $10k for ease.
You go in with your Generic Brand and want to do a deal.
A few number crunches and check with the boss later, you are informed, the trade in value is $3k. The changeover price is therefore $7k. Cool. You got it for $7k. Screwed them, right?
WRONG!
The $3k they offered you for your bike is what the wholesaler or auction house just told them they would buy it for.
They got Full Price for the bike you just bought.
And, even if they don't off the bike to someone else and instead put the bike in their lot... they didn't Pay for your bike out of their pocket. Even if they had no profit $ in the $7k price, they financed the $3k difference at Interest Only. So the most your bike will actually cost them is a month or two of interest. At 10% on the $3k over 12 months, they're looking at $300 interest. Monthly, that's twenty five bucks. So even if they then sell it on for the $3k you think you got, in the end they got Full Price for the bike you bought and More than $3k for your bike as the next person probably bought on finance.
Like twocool said, they just juggle the numbers around until you Feel it's a win. But They Win no matter the numbers.
Michael
Michael........you got it!
The dealership sent me to a two week training class to learn all the "tricks". Now you wanna talk about "leasing"???
Cookie
Yet another dealer told me today, no more GS 500F. Get 'em while you can. They have 2010 on the Suzuki Canada website, but no 2011, though they have 2011 for other models...
Quote from: Blues hurler on October 28, 2010, 01:02:35 PM
Yet another dealer told me today, no more GS 500F. Get 'em while you can. They have 2010 on the Suzuki Canada website, but no 2011, though they have 2011 for other models...
We'll see. You realize that almost none of the bikes had 2010 models, but they weren't discontinued.
2010's weren't sent to the states because the economy tanked and they couldn't sell all their 2009's, but Canada and other parts of the world got 2010's. But apparently we're not getting 11's.
Just checked Global Suzuki and their 2010 model list has the same GS500 as their 2009 model list. Hmmm...
I cannot see Suzuki just canning the GS500. I know, with the EU emissions and all that. But you just don't stop making a bike which tops its sales category. It doesn't make sense. At least, not before there is something to replace it.
Michael