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Thread: Price War!

  1. #1
    n00bie


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    Default Price War!

    Awesome for potential buyers, very bad for recent buyers such as myself (just got a 250R) regarding resale value

    Taken from:
    http://www.bikesales.com.au/news/201...heats-up-24357

    250cc price war heats up
    words - Feann Torr
    Kawasaki fires back at Honda as the Japanese brands trade blows in an emerging price war, but the winner will be the consumer


    When Honda launched its new CBR250R priced at $5490 ($5990 for the ABS model) early in 2011, the $7499 Kawasaki Ninja 250R looked positively overpriced. Not wanting to lose its crown as Australia's highest selling motorcycle, Kawasaki has shown its hand and dropped the price of not only its top-selling Ninja 250R, but a range of other models as it fires a warning shot over its rivals' heads.

    The most important price rollback is for the cash cow, the Ninja 250R, which is now a whopping $1500 cheaper, down to $5999 from $7499.

    Normally there are no winners in a war, but prices dropping and deals improving, the consumer will be the winner of this particular price war.

    Kawasaki Australia released a media statement reading: "Kawasaki is reacting to current market activities with the announcement of these substantial price rollbacks. The price reductions show that Kawasaki is leading the way in making quality motorcycle and ATV products more accessible to the Australian public."

    Read between the lines there and Kawasaki is really saying "Honda tried to undercut us, and we've responded. You want a price war, you got it!!"

    The press statement continues: "Australia’s highest selling motorcycle, the Kawasaki Ninja 250R is now even more appealing thanks to a substantial $1,500 price rollback effective immediately. The price rollback is applicable to both the Ninja 250R and Ninja 250R Special Edition."

    Sales of the Honda CBR250R are not yet available but it will be very interesting to see which of the two entry-level sports bikes comes out on top. It's likely the Ninja will retain the crown by virtue of its proven sales performance, but if the 250cc Honda can gets bums on seats for test rides, the Thai-built bike could begin eating into Kawasaki's market share as we head towards the 2011/2012 summer.

    Kawasaki has also fired a number of pre-emptive artillery rounds in the price war, dropping prices on its Ninja 650R ABS and its learner-legal Ninja 650RL ABS, which have been reduced by $1000 apiece, and the same reduction applies to the ER-6n ABS and the Versys ABS (and their learner-legal variants, the ER-6nL ABS and Versys 650L ABS).

    Even the the Kawasaki Ninja ZX-6R is priced $1,000 lower at $14,999, and the KLR650 adventure tourer has had $500 slashed from its sticker price.

    The full range of Kawasaki motorcycles involved in the price rollback are listed below. Honda, it's your move...

    * Ninja 250R $1,500 price rollback. Was $7,499 RRP now $5,999
    * Ninja 250R Special Edition $1,500 price rollback. Was $7,699 RRP now $6,199
    * Ninja 650R ABS (incl 650RL) $1,000 price rollback. Was $10,999 RRP now $9,999
    * ER-6n ABS (incl ER-6nL) $1,000 price rollback. Was $10,499 RRP now $9,499
    * Versys ABS (incl 650RL) $1,000 price rollback. Was $11,999 RRP now $10,999
    * Ninja ZX-6R $1,000 price rollback. Was $15,999 RRP now $14,999
    * KLR650 $500 price rollback. RRP was $8,499 RRP now $7,999
    * KFX90 $400 price rollback. RRP was $3,899 RRP now $3,499

    Read the latest Bikesales Network news and reviews on your mobile, iPhone or PDA at the Bikesales Network's mobile site. Or download the all-new App.
    Published : Thursday, 7 April 2011

  2. #2
    Doctor Kwaka


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    Another two or three rounds of this and I could be tempted to get something a bit more up-to-date.
    Just need to see some more shaft-drives!

    There will probably be a big impact in the secondhand bike prices. The release of Daiwoos and Hyundais locally absolutely slashed the price of secondhand cars.
    Regards,
    Arrne

    GT 550 (Rattle & Hum); a walk on the mild side.
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    Running old bikes is a matter of dollars and sense; I usually lack both.

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  3. #3
    pucara
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    Yeah, I will wait until they go to the vtx vs vulcan or the st1300 vs 1400 gtr! hard to decide ..........

  4. #4
    n00bie


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    Just about a week or two ago, I was at the dealer just asking about resale value of my 250R. Said they're very good and that after a year I'd still be able to trade it in for about $6500. That's obviously changed after these price changes , will probably be lucky to get $5000 for it once I get my full licence next year.

  5. #5
    Gone


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  6. #6
    Resident BS Artist


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    Bear in mind that the high Aussie dollar makes these price drops more affordable for the importers. If anything, we should be expecting every bike to drop in price.

  7. #7
    I Gotta Get Out More


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    Quote Originally Posted by Doctor Shifty View Post
    Bear in mind that the high Aussie dollar makes these price drops more affordable for the importers. If anything, we should be expecting every bike to drop in price.
    Ed Zachary shifty .. they are reaping a motza from thje strength of the aussie at the moment ..

    example may be at the high end but in May last year the rate was about 73 .. now its 89 ... thats 18 % or $1800 per $10 grand in less than 12 months .. they are not really giving much away

    Bring on the competition .. Its all good for the consumer..

  8. #8
    n00bie On a Mission


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    Quote Originally Posted by McobraR View Post
    Just about a week or two ago, I was at the dealer just asking about resale value of my 250R. Said they're very good and that after a year I'd still be able to trade it in for about $6500. That's obviously changed after these price changes , will probably be lucky to get $5000 for it once I get my full licence next year.
    i reckon the dealer threw you a wobbly one there mate. that bike dropped to 6500 the minute you rode it out. Trade it in one year later and your looking at around 4000.

  9. #9
    n00bie On a Mission


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    Resale price has never been real good anyway,it will head south even more now.
    I'm not biased......I hate everybody equally.

  10. #10
    n00bie


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    Franz
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    Quote Originally Posted by CybaGirl View Post
    Seriously you have to look at what your buying.

    I don't care how cheap something is. Because what you find is there is a reason it is cheap and most times it's a quality issue that has been lowered.

    It's bad enough Jap bikes are being made in Thailand now.

    Whats next?
    If true that they have lowered the quality of the bike due to the price drop, it'd be interesting to know exactly what they're changing with the one I bought for $7500, and the ones they're selling $1500 cheaper.

    Quote Originally Posted by rutties View Post
    i reckon the dealer threw you a wobbly one there mate. that bike dropped to 6500 the minute you rode it out. Trade it in one year later and your looking at around 4000.
    You're right, checked Redbook and the trade in price for a year old (2010) model is $4,000 - $4,800. Will be worse now

    Quote Originally Posted by Stuzrx View Post
    Resale price has never been real good anyway, it will head south even more now.

 

 

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