Price Increase?

[det45]

Ok, maybe its me but as you all know the 2010 hayabusa went up in price sustantially from the 2009 models. How can they justify the price increase when the bikes are identical with the exception of the decals and colors ??? Also the dealer offered me only $7600.00 for my 2009 Hayabusa with only 2k miles on it, (Same Bike as the 2010!) I told him he was on drugs......det45

 

[NickSully]

Well, I guess you live outside the US because no 2010's here.

So I guess you're right, if someone wanted a 2010 here it would be substantially higher than an 09 with all the import and shipping fees.

 

[bobber]

for allowing you only half your investment back,,and its the same bike with no extra mods,,,,and only 2K miles your 09,,,,,,save your money and blow some paint on it

 

[kromdom]

were you considering trading in your '09? why if I may ask? ???

 

[fiend]

It would be cheaper to just buy new plastics and a tank.

 

[WESeib]

These are japanese bikes.

Lets say that 1 dollar can buy 110 Yen.
An item sells for 10,000 U.S. that means they get 1,100,000 Yen for it.

Lets say the purchasing power of the dollar drops.
1 dollar can now only buy 80 Yen.
An item sells for 10,000 U.S. that means they get 800,000 Yen for it.

Now, they want 1,100,000 Yen for their bikes.
So X * 80 = 1,100,000

They need to sell their product for 13,750 U.S. (a price increase of $3,750) to make the same amount, in Yen, as before.


Actual dollar to Yen Conversion Rates
Aug 2008: 1 to 108
Dec 2009: 1 to 90

That is why they increased the price.
That is about a 20% drop.
They would need to raise their prices around 20% in the U.S. to make up for that.

In other words, they are not making any additional profit.
The Dollar to Yen exchange rate is the reason for the price increase.

The dollar weakened, although, it is showing signs of strengthening.

 

[Tufbusa]

Ok, maybe its me but as you all know the 2010 hayabusa went up in price sustantially from the 2009 models.

How can they justify the price increase when the bikes are identical with the exception of the decals and colors ???

That's an easy one. Your good old US Dollar lost 19% of it's value in 2009. Thank you very much washington!

But,,,,,,,,,,,,,,,,, I'll bet you didn't get a cost of inflation wage increase of 19%, eh?

Also the dealer offered me only $7600.00 for my 2009 Hayabusa with only 2k miles on it, (Same Bike as the 2010!) I told him he was on drugs......det45

That price is Wholesale or Trade in Value, not retail. You never get retail when you trade with a dealer.

 

[Zero]

These are japanese bikes.

Lets say that 1 dollar can buy 110 Yen.
An item sells for 10,000 U.S. that means they get 1,100,000 Yen for it.

Lets say the purchasing power of the dollar drops.
1 dollar can now only buy 80 Yen.
An item sells for 10,000 U.S. that means they get 800,000 Yen for it.

Now, they want 1,100,000 Yen for their bikes.
So X * 80 = 1,100,000

They need to sell their product for 13,750 U.S. (a price increase of $3,750) to make the same amount, in Yen, as before.


Actual dollar to Yen Conversion Rates
Aug 2008: 1 to 108
Dec 2009: 1 to 90

That is why they increased the price.
That is about a 20% drop.
They would need to raise their prices around 20% in the U.S. to make up for that.

In other words, they are not making any additional profit.
The Dollar to Yen exchange rate is the reason for the price increase.

The dollar weakened, although, it is showing signs of strengthening.

Thanks, I liked seeing that

 

[Shaft]

These are japanese bikes.

Lets say that 1 dollar can buy 110 Yen.
An item sells for 10,000 U.S. that means they get 1,100,000 Yen for it.

Lets say the purchasing power of the dollar drops.
1 dollar can now only buy 80 Yen.
An item sells for 10,000 U.S. that means they get 800,000 Yen for it.

Now, they want 1,100,000 Yen for their bikes.
So X * 80 = 1,100,000

They need to sell their product for 13,750 U.S. (a price increase of $3,750) to make the same amount, in Yen, as before.


Actual dollar to Yen Conversion Rates
Aug 2008: 1 to 108
Dec 2009: 1 to 90

That is why they increased the price.
That is about a 20% drop.
They would need to raise their prices around 20% in the U.S. to make up for that.

In other words, they are not making any additional profit.
The Dollar to Yen exchange rate is the reason for the price increase.

The dollar weakened, although, it is showing signs of strengthening.

Very well explained!!

 

[fallenarch]

These are japanese bikes.

Lets say that 1 dollar can buy 110 Yen.
An item sells for 10,000 U.S. that means they get 1,100,000 Yen for it.

Lets say the purchasing power of the dollar drops.
1 dollar can now only buy 80 Yen.
An item sells for 10,000 U.S. that means they get 800,000 Yen for it.

Now, they want 1,100,000 Yen for their bikes.
So X * 80 = 1,100,000

They need to sell their product for 13,750 U.S. (a price increase of $3,750) to make the same amount, in Yen, as before.


Actual dollar to Yen Conversion Rates
Aug 2008: 1 to 108
Dec 2009: 1 to 90

That is why they increased the price.
That is about a 20% drop.
They would need to raise their prices around 20% in the U.S. to make up for that.

In other words, they are not making any additional profit.
The Dollar to Yen exchange rate is the reason for the price increase.

The dollar weakened, although, it is showing signs of strengthening.

Good explaination. Add to that the fact that people will by the Busas no matter what and there you go. That also explains why they just booted US 2010 sales all together. They must have figured we would walk on that increase.

 

[BigD814]

Good explaination. Add to that the fact that people will by the Busas no matter what and there you go. That also explains why they just booted US 2010 sales all together. They must have figured we would walk on that increase.

From what I understand is that there was no 2010 Busa's released in the US because dealers had so many 09's left over.

 

[klatu848]

$13,199 for an 09

Suzuki Cycles - Product Lines - Cycles - Products - Hayabusa - 2009 - GSX1300R

 

[DEMMYM]

Supply and Demand

 

[Got-Busa?]

Ok, maybe its me but as you all know the 2010 hayabusa went up in price sustantially from the 2009 models. How can they justify the price increase when the bikes are identical with the exception of the decals and colors ??? Also the dealer offered me only $7600.00 for my 2009 Hayabusa with only 2k miles on it, (Same Bike as the 2010!) I told him he was on drugs......det45

Why would you even do that? Didn't you just pay like $15k for your 09...? ???

 

[ciscopisto]

When are we geting 2010 in the US

 

[Got-Busa?]

When are we geting 2010 in the US

(CONUS).....NEVER according to some sources...

 

[det45]

No I don't plan on selling or trading in my 2009 Busa, I was at the stealership getting my bike serviced and just asked the question about the prices and trade in values of the 09 & 10 models. Sorry I didn't clarify my original post. Even though the dollar is down, I still couldn't justify paying 5k more for a bike identical to mine with only one model year difference. Like I said I'll hang on to my 09 until the tires fall off........det45

 

[smithabusa]

based on going used bike prices, 7600 isn't out of line at all considering they need to make money on it, actually i am surprised it wasn't lower than that, have heard of a decent number of 08-09's going for 7-8K recently.

 

[det45]

Ok??????? Wow.....if you say so....? Lets see......2009 model goes from 15k to 7k in one year the the 2010 models go up in price 5k (same bike)? Hmmmmm I'm confused....Sounds like greed to me.


QUOTE=smithabusa;2429965]based on going used bike prices, 7600 isn't out of line at all considering they need to make money on it, actually i am surprised it wasn't lower than that, have heard of a decent number of 08-09's going for 7-8K recently.[/QUOTE]

 

[Got-Busa?]

Ok??????? Wow.....if you say so....? Lets see......2009 model goes from 15k to 7k in one year the the 2010 models go up in price 5k (same bike)? Hmmmmm I'm confused....Sounds like greed to me.
.

That's exactly why you DO NOT pay $13k-15k+ for a new bike. The depreciation is killer and the dealer just pocketed all that money...