Careful Triumph.... Your Prices Are Going Up

There seems to be a growing demand for motor cycles generally and I must admit Triumph seem to have all areas covered apart from the smaller engine market.
Price wise though with £15k you can buy a pretty tidy low mileage quality car, but if you already have one or two cars in the family and you are pining for a bike, £4k - £15k should satisfy your requirements.

 

Just ordered an Explorer XRT, Got 1k off the list of 15,500.

 

Two observations.....

Exchange rates: we tend to be guilty of not thinking beyond the price of holidays but money is a commodity just like copper or oil. The money markets buy and sell for various reasons that usually have more to do with short term trading advantage rather than fundamental strengths. Every currency dealer thinks he wil be first to the exit when the tide turns. For Triumph it is roundabouts and swings. In some markets they win a little competitive advantage and others they lose a little. Fluctuations are built into their global pricing. The Euro is artificially supported at the moment through quantitative easing but it hits their exporters. The reverse is true for us and the pound is undervalued making Jags relatively cheaper than BMW/Audis/Mercs. The bigger UK issue is the £ $ rate because that is how oil is priced.

PCPs: These are calculated on the cost of credit plus the assessed vehicle depreciation over the life of the contract. A collapse in second hand values will make them more expensive in future. That collapse in car prices may just be starting with diesels. I suspect those of us who live less hand to mouth will continue to find superior value in the low mileage used market. A 765rs at £9,900 on PCP with £2,000 down and £120 per month will have cost you £6,500 when you hand it back with nothing to show for it......and another down payment to find.

I yearn for a new Speed/Street Triple/Thruxton R/T120 until I ride out on my old Bonnie and suddenly everything comes back into perspective. Are they worth all the extra and what would I have to give up to fund them? And yet.........

 

At the end of the day all manufacturers will push limits when it comes to pricing; they are in business to make money. If you want a new bike, you pay your money and take your chances. If your happy with your current ride, then that is also ok.
It is down to personal choices, which at the end of the day is what makes the world go around.
Wessa

 

I agree but you sense Triumph are steadily creeping towards a more premium price and product. It makes sense to not compete directly with the Japanese nor play the Ducati racing card. I think their mixed strategy is quite clever and the entry to Moto2 is a huge opportunity. All they need is a police bike!

 

I read this article the other day and thought I'd share it. It would seem that they are busy working on new and more affordable mid class machines for the near future. It would be interesting to see the pricing when they do roll out eventually... http://www.motorcyclenews.com/news/new-bikes/2017/august/new-entry-level-triumph-motorcycles/

 

I never pasted the link but went back to fix it now just in case here it is again http://www.motorcyclenews.com/news/new-bikes/2017/august/new-entry-level-triumph-motorcycles/

 

I saw it too. It struck me as a reversal of Toyota/Lexus or Nissan/Infiniti where the fish and chips brand created a Michelin star brand to pair with.

 

I've never had a desire to buy a new car or motorbike, and not sure I can see why anyone does. You set fire to a big bundle of beer/holiday/days out money just driving/riding it out of the showroom.

I had a few new cars in the good old company car days, and after a week, it was a bit so-what.

My Tiger 800 was two years old, looked brand new, and had 320 miles on the clock for the price of a 2-year old (almost 4k less than new). My new-to-me car, with only 7k on the clock, mint and top spec for £10k less trade-in. Why pay £19k for a new one?

Yours, Scrooge.

 

I think a lot of the Triumph riders have already jumped. The bike are no longer British and you can buy a cheap Korean bike for pennies or Enfield's Triumph got it the wrong way round. And apparently they are not keen on the supply of spares when they drop a model. just a humble opinion and rumors I've heard.
Ride safe
Joe.

 

Having said what I said above, I am very pleased and grateful to all those who do buy new, otherwise we wouldn't have any bike industry or used bikes for us stingy folks to purchase. So it's all good.

 

Must be a big bag of pennies!

 

Yeah
It shows how much I know its Thailand not Korea. I do ramble some times. I still buy Triumph as it is ours. But I do yearn for another Harley
Stay safe out there
Joe.

 

How many of those toys (engine modes, TC etc.etc.) do we really need. Will a market for de-toyed (and thus cheaper) but still quality bikes emerge when we all get tired of the toys? That's always assuming they haven't got EU regulated in by then.
Wait a minute,.... we'll be out by then!

 

Agreed, until the second hand market is saturated and prices slump I guess PCP will perpetuate the high prices (and tech spec). It's only us wrinkly's that are used to actually owning our homes/cars/bikes so not a big enough market share.....yet. Also a generational thing (generally) to expect to be able to do your own servicing/maintenance. Hence my aversion to bikes that must be plugged into a dealer computer, it's all a ploy to grease the palms of the franchise dealers.