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Another local Motorcycle firm has closed - Pidcocks (BMW dealer).
Laverda Dave:
A good few Harley dealers have also gone. Some very famous names have recently closed down, Goombridge in the south being one of them. They used to sponsor Eastbourne Speedway.
McCabe-Thiele (Ted):
I know the move away from Main Dealerships/Distributers to the Retail Agency Model in the car trade has caused a huge loss of income with lots of established dealers closing down.
Does anyone know if motor cycle manufacturers are going down the same route and adopting the Agency Model whereby more profit is retained by the manufacturer at the expense of dealer margins?
Athame57:
Unless you want a scooter maybe we will end up reduced to buying on line. :o
Bryanj:
Few years back a local respected non franchise dealer gave up because all 125 had to be fuel injected and abs but no manufacturer was commiting to the idea, most of his working profit came from the acessories needed by a new rider(helmet, clothing etc) so he decided to give up and convert the property into flats
Laverda Dave:
There are a few video's on YouTube relating to what is happening with dealer closures. The facts are most dealers will not take PX of your old bike now because they are sitting on a huge amount of unsold stock frequently worth over £1m.
New bike sales plummeted across the UK this year as a result of the poor summer and this coupled with the fact most bikes are now bought as 'Luxury items ::)) and there isn't the spare cash floating around these days for such 'luxury items' and you have the perfect scenario, poor new bike sales that are discounted by the manufacturers to shift unsold stock and this has a knock-on impact on exisitng s/h dealer stock. As an example go and look at how the BSA Gold Star is being heavily discounted by the importer coupled with trade in values of £2000 on bikes less than a year old and costing £6,500 when new and IF you can find a dealer (even a BSA dealer) to give a PX (and not helped by QA and wiring loom issues on these bikes).
Freddie Dobbs posted a really good video on this subject on his YouTube channel a few days ago and it is really worth a watch.
https://youtu.be/5Oy96MpvPMs?si=MoHuAnFxdDN44ZA_
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