[dsn_klr650] electrex warning
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[dsn_klr650] sleazy kawa salesman
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I wanted to buy my KLR with a credit card for the frequent flyer miles and
then write the check to the credit card company. The finance guy told me he
could do it, but the credit card company would charge him 5%, which he would
have to pass along to me. Did he think I was that much of a dumb-ass???
When I suggested we call the sredit card company, he excused himself "to ge
see if the owner would include it in the (FULL) cost of the bike." Yea,
right...
Lamar
A14 (and frequent flier miles!)
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[dsn_klr650] sleazy kawa salesman
This is interesting, as I was told something similar when I bought my
new XR250. I wanted to put it on my credit card and the salesman tried
to convince me to go with Honda financing because the dealer would be
charged 3% of the total by the credit card company. I ended up using my
credit card and they supposedly had to take a 3% loss on the deal.
Anybody know if this is true or are most dealers just getting some type
of incentive from their financing companies?
Barry
'91 KLR650
'01 XR250
ATO137528@... wrote:
> > I wanted to buy my KLR with a credit card for the frequent flyer miles > and > then write the check to the credit card company. The finance guy told > me he > could do it, but the credit card company would charge him 5%, which he > would > have to pass along to me. Did he think I was that much of a > dumb-ass??? > When I suggested we call the sredit card company, he excused himself > "to ge > see if the owner would include it in the (FULL) cost of the bike." > Yea, > right... > > Lamar > A14 (and frequent flier miles!) >
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[dsn_klr650] sleazy kawa salesman
in most cases, there is a % charge for any kind of CC transaction. the exceptions would be grocery stores & warehouse clubs, which run such a tight profit margin that they couldn't afford to pay a cut. gears, ye wilde ryder -- wallace@... 99 zx-9r "blue bayou" 98 vtr-1000f "stormy" zwallace@... 86 cr-250 "dirt devil" 00 sv-650 "zipper" "& you were using your friends as a berm." -- RP 83 v65 magna "nasty" FoJ#002...AMA#456832...JHLO#002...COP#000...CCS#SW969...Support the RKBA>This is interesting, as I was told something similar when I bought my >new XR250. I wanted to put it on my credit card and the salesman tried >to convince me to go with Honda financing because the dealer would be >charged 3% of the total by the credit card company. I ended up using >my credit card and they supposedly had to take a 3% loss on the deal. >Anybody know if this is true or are most dealers just getting some >type of incentive from their financing companies?
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[dsn_klr650] sleazy kawa salesman
if they really have to pay 3%, they're losers. when i managed a bicycle
shop, we payed about 1.5%. we'd way rather take credit cards than checks
because 1.5% is nothing compared to the costs of trying to collect on a bad
check.
i strongly suspect that they get some kind of bonus based on how many
financing packages they sell. since honda's credit plan was over 16% in the
last ad i saw, i think i'd rather the dealer payed an extra 1.5% than that i
payed and extra 5-6% or more.
mw
> -----Original Message----- > From: Barry Mcpherron [mailto:r40286@...] > Sent: Wednesday, August 02, 2000 2:59 PM > To: ATO137528@... > Cc: DSN_klr650@egroups.com > Subject: Re: Fwd: [DSN_klr650] Sleazy Kawa salesman > > > This is interesting, as I was told something similar when I bought my > new XR250. I wanted to put it on my credit card and the salesman tried > to convince me to go with Honda financing because the dealer would be > charged 3% of the total by the credit card company. I ended > up using my > credit card and they supposedly had to take a 3% loss on the deal. > Anybody know if this is true or are most dealers just getting > some type > of incentive from their financing companies? > > Barry > '91 KLR650 > '01 XR250 > > ATO137528@... wrote: > > > > I wanted to buy my KLR with a credit card for the frequent > flyer miles > > and > > then write the check to the credit card company. The > finance guy told > > me he > > could do it, but the credit card company would charge him > 5%, which he > > would > > have to pass along to me. Did he think I was that much of a > > dumb-ass??? > > When I suggested we call the sredit card company, he excused himself > > "to ge > > see if the owner would include it in the (FULL) cost of the bike." > > Yea, > > right... > > > > Lamar > > A14 (and frequent flier miles!) > > > > -------------------------------------------------------------- > ------ Get a NextCard Visa, in 30 seconds! > 1. Fill in the brief application > 2. Receive approval decision within 30 seconds > 3. Get rates as low as 2.9% Intro or 9.9% Fixed APR > http://click.egroups.com/1/6630/6/_/911801/_/965259658/ > -------------------------------------------------------------- > ------|e>- > > Visit the KLR650 archives at > http://www.listquest.com/lq/search.html?ln=klr650 > Support Dual Sport News... dsneditor@... > Let's keep this list SPAM free! > > Visit our site at http://www.egroups.com/group/DSN_klr650 > To unsubscribe from this group, send an email to: > DSN_klr650-unsubscribe@egroups.com > >
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[dsn_klr650] sleazy kawa salesman
It is true, but the 5% is inflated. I own my own business and accept credit
cards, when all the charges are added in it works out to about 2.9% a little
higher for Discover.
Ed
Windsor Oh
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[dsn_klr650] sleazy kawa salesman
At 2:58 PM -0700 8/2/00, Barry Mcpherron wrote:
As I understand it, the credit card companies typically charge around 3%. However, I think it's also illegal to surcharge for credit card use. That's why many places offer a "3% cash discount" off their inflated price tag. Mark B2 A2>This is interesting, as I was told something similar when I bought my >new XR250. I wanted to put it on my credit card and the salesman tried >to convince me to go with Honda financing because the dealer would be >charged 3% of the total by the credit card company. I ended up using my >credit card and they supposedly had to take a 3% loss on the deal. >Anybody know if this is true or are most dealers just getting some type >of incentive from their financing companies?
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[dsn_klr650] sleazy kawa salesman
In a message dated 8/2/00 5:48:45 PM Eastern Daylight Time, ATO137528@...
writes:
he> I wanted to buy my KLR with a credit card for the frequent flyer miles and > then write the check to the credit card company. The finance guy told me
would> > could do it, but the credit card company would charge him 5%, which he
It would cost them 3 to 5% to process the sale on a credit card. When I sold cars years ago some well to do folks would work their best deal then whip out the plastic. We just said NO!> > have to pass along to me. Did he think I was that much of a dumb-ass???
[dsn_klr650] sleazy kawa salesman
Subject: Re: Fwd: [DSN_klr650] Sleazy Kawa salesman
I bought my KLR with a credit card, and didnt have any problem. If they do have to pay 3%, thats their problem, I wouldnt pay any more. MotorMark> This is interesting, as I was told something similar when I bought my > new XR250. I wanted to put it on my credit card and the salesman tried > to convince me to go with Honda financing because the dealer would be > charged 3% of the total by the credit card company. I ended up using my > credit card and they supposedly had to take a 3% loss on the deal. > Anybody know if this is true or are most dealers just getting some type > of incentive from their financing companies? > > Barry > '91 KLR650 > '01 XR250
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[dsn_klr650] sleazy kawa salesman
I guess I never new this about credit cards... but I guess this is how
the card companies make even more money besides the intrest. Good thing
I made the deal before I discussed payment method
Barry
'91 KLR650 (Sold, but staying on the list)
'01 XR250R (Just got street plates this morning)
Mark wrote:
> > At 2:58 PM -0700 8/2/00, Barry Mcpherron wrote: > >This is interesting, as I was told something similar when I bought my > >new XR250. I wanted to put it on my credit card and the salesman tried > >to convince me to go with Honda financing because the dealer would be > >charged 3% of the total by the credit card company. I ended up using my > >credit card and they supposedly had to take a 3% loss on the deal. > >Anybody know if this is true or are most dealers just getting some type > >of incentive from their financing companies? > > As I understand it, the credit card companies typically charge around > 3%. However, I think it's also illegal to surcharge for credit card > use. That's why many places offer a "3% cash discount" off their > inflated price tag. > Mark > B2 > A2
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[dsn_klr650] electrex warning
Update....
No Known problems with any year KLR other than the 2000 model. It was an
error on the manufacturer's part, it is corrected and we consumers will
never see it. The tech at the factory got bikes mixed up when asked about
any problems with the KLR.
Additionally, the factory says that the HO stator WILL destroy the stock
RR. In a matter of X (X being a small number) thousands of miles,
depending on the average RPM during those miles.
Steven's and my problems could be a bad batch (unlikely as they are ALL
factory tested).
I'm going to install my stock RR and see if it is charging. We'll go from
there.
laterZ
Dash
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