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 Post subject: Test Ride Deposit
PostPosted: Thu Apr 12, 2012 8:13 pm 
Dirt Disciple

Joined: Sat Feb 19, 2011 10:13 pm
Posts: 59
Location: Maidstone Kent
Hi Guys,
decided I am going to buy a new bike this year as the old proflex is starting to groan a bit now I have decided to go for a new Giant 29 anthem so I rang my LBs to book a test ride and was told I would need to leave a 1500 pound deposit which I thought was a bit High do you guys think this is fair or over the top ??


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 Post subject: money
PostPosted: Thu Apr 12, 2012 8:19 pm 
Retro Guru

Joined: Tue Mar 24, 2009 6:10 pm
Posts: 939
Location: Kent,25 miles from France
Had to leave £2500 for my Yeti ASR-5

I suppose a few never return with the demo bike.So, hence a sale !


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 Post subject:
PostPosted: Thu Apr 12, 2012 8:29 pm 
retrobike rider / Gold Trader
retrobike rider / Gold Trader
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Joined: Mon Jun 22, 2009 11:09 am
Posts: 9399
Location: Devon
Surely they just scan your card and take it if you dont return?


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 Post subject:
PostPosted: Thu Apr 12, 2012 8:34 pm 
King of the DuckBoard
King of the DuckBoard

Joined: Sun Jan 28, 2007 12:30 pm
Posts: 21466
my local doesn't ask for that high figure. Just details, leave a card etc


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 Post subject:
PostPosted: Thu Apr 12, 2012 8:36 pm 
Dirt Disciple

Joined: Sat Feb 19, 2011 10:13 pm
Posts: 59
Location: Maidstone Kent
No they take the money then give you a full refund I mean I was going to turn up with the Mrs in me car with passport and driving liecense and would expect to pay 150 but this has just put me off


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 Post subject:
PostPosted: Thu Apr 12, 2012 8:42 pm 
Section Moderator & South West AEC
Section Moderator & South West AEC
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Joined: Mon Jun 25, 2007 3:33 pm
Posts: 8157
Location: new forest
i can understand why they want that much but no, i wouldn't pay that.

i used to keep credit card and passport in the till until they returned the bike after confirming their ID. if i was paranoid because they weren't regular i'd ask for £500 (for a 2 grand bike). this is assuming that when you say testride you mean taking the bike from the shop to ride your own trails. regular customers i knew well i'd let them have the bike no deposit.

i found that asking for £500 up front for the demo bike put off the time wasters but the serious guys had no issue with it. most people who want a testride tend to have decided which shop they are buying from so i used to say put down the deposit take the bike for the weekend, ride it, if you like it and want to order i'll use the £500 as deposit, if you don't like it then it's on to the next testbike.

at the end of the day they are giving you a very expensive bit of kit and it can't be traced if they are nicked like cars etc, meaning the police don't give a crap so asking for £1500 would cover the cost of the stolen bike at trade price.

i can understand you not wanting to put down £1500 but they may be thinking that if you can't put down £1500 then why is he looking at £1500+ bikes, he must not have the money, therefore they may think should they bother with you.

i am not saying that attitude is right but it may be a possibility.

it might be worth saying to them you are not comfortable putting down £1500 because you'd feel tied to them if you don't like the bike, maybe offer £500 to show you are serious about buying.

:)


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 Post subject:
PostPosted: Fri Apr 13, 2012 10:51 pm 
Dirt Disciple

Joined: Sat Feb 19, 2011 10:13 pm
Posts: 59
Location: Maidstone Kent
Thanks for the comments guys I am well pleased just spoke to the Giant dealer and they say I can take a bike out for the week end for £35 and just leave my passport ect thats more like it in my book


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 Post subject:
PostPosted: Fri Apr 13, 2012 11:04 pm 
Old School Grand Master
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Joined: Wed Apr 12, 2006 12:33 pm
Posts: 11105
Location: The Home Of Mountain Biking, And All Great Things.
You can take any of my bikes out for £1500.

If you lose one, I only owe you £1350.

;)


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