GT / GTL price - still a guess? - BMW Luxury Touring Community
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post #1 of 55 Old Nov 3rd, 2010, 12:01 pm Thread Starter
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GT / GTL price - still a guess?

With the statements and pictures released and shows coming up, there is no official price in US yet.
Are there any leaks about prices and options for US market?

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post #2 of 55 Old Nov 3rd, 2010, 12:57 pm
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Re: GT / GTL price - still a guess?

Not yet. If I had to guess I would say $21k for a base GT and $23k for a base GTL. But that's a full on guess, I have no insight into their plans; just basing it of current pricing and what the market would probably bear at this point.

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post #3 of 55 Old Nov 3rd, 2010, 1:00 pm
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Re: GT / GTL price - still a guess?

Even the European prices have not been released and those always come before the U.S. prices. It's possible BMW simply hasn't decided what to price it yet.
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post #4 of 55 Old Nov 3rd, 2010, 1:27 pm
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Re: GT / GTL price - still a guess?

Was at the dealer today & they have not even seen THIS INFO YET .
Their best guess is $21 -$23 base price for the GT & $24-$26 base for the GLT & $29,500.00 fully loaded GTL

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post #5 of 55 Old Nov 3rd, 2010, 3:46 pm
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Re: GT / GTL price - still a guess?

Check out this dealer, seems to have named his own price and priced both the GT and GTL at the same price. $23,090

In Scottsdale, AZ.

http://goaz.com/go-az-motorcycles-ap....php?brand=bmw
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post #6 of 55 Old Nov 4th, 2010, 5:00 pm
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by fluffy
Check out this dealer, seems to have named his own price and priced both the GT and GTL at the same price. $23,090

In Scottsdale, AZ.

http://goaz.com/go-az-motorcycles-ap....php?brand=bmw

That's the dealer I have first deposit with....I sent them a note asking what's with the pricing, and they said it was a mistake their web administrator had made. I told him I might try to hold him to that price once the real pricing is released.

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post #7 of 55 Old Nov 4th, 2010, 5:54 pm
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by MrBreeze
That's the dealer I have first deposit with....I sent them a note asking what's with the pricing, and they said it was a mistake their web administrator had made. I told him I might try to hold him to that price once the real pricing is released.
Ha, good luck. The web admin does not set the prices.
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post #8 of 55 Old Nov 4th, 2010, 7:21 pm
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by MrBreeze
That's the dealer I have first deposit with....I sent them a note asking what's with the pricing, and they said it was a mistake their web administrator had made. I told him I might try to hold him to that price once the real pricing is released.
It's now $0.00* You must have rattled their cage.
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post #9 of 55 Old Nov 4th, 2010, 8:49 pm
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Re: GT / GTL price - still a guess?

My dealer guesses at 23K for the very base GT. Sure hope he is high......
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post #10 of 55 Old Nov 5th, 2010, 10:31 am
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Re: GT / GTL price - still a guess?

Talked to my dealer today about the GTL: fully loaded (incl. Nav IV) will set you back (in the NL) around EUR 29,500.

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post #11 of 55 Old Nov 5th, 2010, 10:40 am
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by ®win
Talked to my dealer today about the GTL: fully loaded (incl. Nav IV) will set you back (in the NL) around EUR 29,500.

In NL, in addition to your VAT, don't you also have a luxury tax? It was my understanding that you have a luxury tax that also adds thousands to the price. If you remove the VAT and the luxury tax, what is the tax free price?
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post #12 of 55 Old Nov 5th, 2010, 10:54 am
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Re: GT / GTL price - still a guess?

Indeed, some sort of luxury tax, called BPM (Private motor vehicle and motorcycle tax). VAT is 19% on the net price; the BPM adds about 19.4% on the net price of the bike incl. factory options.

So, based on that, the net price of the bike incl. factory options will be around EUR 20,800.

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post #13 of 55 Old Nov 5th, 2010, 12:07 pm
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Re: GT / GTL price - still a guess?

Thanks Erwin for explaining it.. so you pay 38.4% tax on cars and bikes in Netherlands!! Yikes!! In Denmark, a K1300GT is $62,000US!! Crazy taxes.
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post #14 of 55 Old Nov 5th, 2010, 12:19 pm
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Re: GT / GTL price - still a guess?

Even in an official interview at the Milan EICMA, the BMW marketing manager for Italy didn't release an official price. He said that it's "too early" for a price tag.

http://www.motonline.com/eicma2010/video.cfm?cod=2475


I think they're exploring the response of the market to see how much we're ready to pay

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post #15 of 55 Old Nov 5th, 2010, 1:29 pm
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by ®win
So, based on that, the net price of the bike incl. factory options will be around EUR 20,800.
So GTL with all options and BMW Nav IV, US$29,239 seems about what we expect for all options on GTL. We'll see. I'm going to the local bike show in early Dec. where the price will be given to dealers.
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post #16 of 55 Old Nov 5th, 2010, 7:28 pm
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by Corrado68
Even in an official interview at the Milan EICMA, the BMW marketing manager for Italy didn't release an official price. He said that it's "too early" for a price tag.

http://www.motonline.com/eicma2010/video.cfm?cod=2475


I think they're exploring the response of the market to see how much we're ready to pay
Given the number of people who appear to be placing deposits on the GTL without having even sat one one or knowing the price ... I suspect they are still increasing it before it is published!

I don't think the GTL will be for me and my wife, but even if it was, I wouldn't buy one during the first year. I much prefer to let them ramp up production for the artificial initial demand and then once they supply exceeds demand after a year or so, then I get interested.

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post #17 of 55 Old Nov 5th, 2010, 8:04 pm
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by ®win
Talked to my dealer today about the GTL: fully loaded (incl. Nav IV) will set you back (in the NL) around EUR 29,500.
The real question is what do you pay for a fully-loaded LT, or a fully-loaded K13GT over there?

That's the only comparison worth making here.

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post #18 of 55 Old Nov 7th, 2010, 4:52 am
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Re: GT / GTL price - still a guess?

In Germany they have priced the GT to 21.000 EUR and GTL to 23.000 EUR, with standard options.
( in Sweden to 210.000 SEK resp 230.000 SEK, difference is caused by different taxation of new vehicles )

For the GTL standard options will be the Audio system, the Top box and the Chrome kit.

Adaptive headlights, anti-spinn, traction control, etc will be optional
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post #19 of 55 Old Nov 7th, 2010, 7:30 am
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by Superswede
In Germany they have priced the GT to 21.000 EUR and GTL to 23.000 EUR, with standard options.
( in Sweden to 210.000 SEK resp 230.000 SEK, difference is caused by different taxation of new vehicles )

For the GTL standard options will be the Audio system, the Top box and the Chrome kit.

Adaptive headlights, anti-spinn, traction control, etc will be optional
Standard options? Is that anything like military intelligence?

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post #20 of 55 Old Nov 7th, 2010, 8:28 am
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by Superswede
In Germany they have priced the GT to 21.000 EUR and GTL to 23.000 EUR, with standard options
Interesting. Isn't it less or very similar to the old LT price?

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post #21 of 55 Old Nov 7th, 2010, 10:00 am
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by Corrado68
Interesting. Isn't it less or very similar to the old LT price?
Yes, it is very similar.
The last price for a LT, i think it was y/m 2009, was 224.000 SEK but those machines were almost fully equipped from factory ( did not have the GPS, but almost everything else).
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post #22 of 55 Old Nov 7th, 2010, 10:50 am
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by fluffy
It's now $0.00* You must have rattled their cage.
So at that price, I should get my deposit back once I take delivery! lol

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post #23 of 55 Old Nov 7th, 2010, 10:55 am
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by Voyager
Given the number of people who appear to be placing deposits on the GTL without having even sat one one or knowing the price ... I suspect they are still increasing it before it is published!
My deposit, as I suspect others, isn't binding, so if we don't like what we see/ride/price, we can walk away and get our deposits back. I wouldn't doubt there are dealers reporting up to BMW corporate as to the number of us in line, but I believe other factors such as build costs and margin requirements are more important factors in how they will set the price. Time will tell.

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post #24 of 55 Old Nov 7th, 2010, 4:18 pm
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Re: GT / GTL price - still a guess?

I'm hearing about 15% over what the current GT is on the base models. That would put a loaded GT well over 25k.
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post #25 of 55 Old Nov 8th, 2010, 7:28 am
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Re: GT / GTL price - still a guess?

So that would make a base GT @ 21K???
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post #26 of 55 Old Nov 8th, 2010, 9:01 am
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Re: GT / GTL price - still a guess?

Quote:
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I'm hearing about 15% over what the current GT is on the base models. That would put a loaded GT well over 25k.
That equates to about a $3,000 premium. It is unusual for a bike that is a replacement for an existing bike to be priced at a 15% premium (comparing similar equipment). It's not a good business model for future sales. If they are pricing it that much higher, they really should not kill the existing K1300GT for instance.

Just my thoughts, but no need to over react because everyone is just guessing right now.

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post #27 of 55 Old Nov 8th, 2010, 12:35 pm
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by jjscsix
That equates to about a $3,000 premium. It is unusual for a bike that is a replacement for an existing bike to be priced at a 15% premium (comparing similar equipment). It's not a good business model for future sales. If they are pricing it that much higher, they really should not kill the existing K1300GT for instance.

Just my thoughts, but no need to over react because everyone is just guessing right now.
Exactly, it is all a guess. However, I think it's fair to say with the amount of available options for the new GT that you may be hard pressed to find one with an MSRP of under 25k on the dealer floor.

Even the existing K1300GT EE is over 23k. I also agree that killing the 13GT seems like a shame.
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post #28 of 55 Old Nov 9th, 2010, 10:02 am
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Re: GT / GTL price - still a guess?

The dealer i spoke to quoted £13000 for the basic model and £16000 for the top model . He says the new models won,t be over engineered like the K1200 LT .
Regards numbnuts in blighty .
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post #29 of 55 Old Nov 9th, 2010, 10:05 am
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Re: GT / GTL price - still a guess?

I,m gonna keep my LT for at least another 2 years so bmw can sort out there issues with the new models . I,m sure there is gonna be a lot of Recalls .
regards numbnuts in blighty .
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post #30 of 55 Old Nov 9th, 2010, 4:57 pm Thread Starter
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by ®win
Indeed, some sort of luxury tax, called BPM (Private motor vehicle and motorcycle tax). VAT is 19% on the net price; the BPM adds about 19.4% on the net price of the bike incl. factory options.

So, based on that, the net price of the bike incl. factory options will be around EUR 20,800.
Even without taxes, 20,800 EUR seems outrageous.
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post #31 of 55 Old Nov 9th, 2010, 5:17 pm
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Re: GT / GTL price - still a guess?

I expect the first bikes to hit the showrooms will be loaded. More profit !!!
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post #32 of 55 Old Nov 9th, 2010, 5:47 pm
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by bjedruszczak
Even without taxes, 20,800 EUR seems outrageous.
BJ
20,800.00 EUR = 28,631.70 USD

For a fully loaded GTL with all options?

In Canada, the Goldwing is $30,000 for the Navi version and a bit more for the one with the airbag.

And remember folks, the US$ is dropping day by day.
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post #33 of 55 Old Nov 9th, 2010, 6:08 pm
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Re: GT / GTL price - still a guess?

Don't convert EUR prices into US prices using the exchange rate.

Several other factors determine the price of an imported object, like a car or a motorbike: the US market is not ready to pay as much as we do in Europe.

An example? The BMW X5 30i on a base trim costs 47,000USD and in Europe it starts from 59,000EUR. Make your maths, it would be 81-82,000USD at the change

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post #34 of 55 Old Nov 9th, 2010, 7:47 pm
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by Corrado68
Don't convert EUR prices into US prices using the exchange rate.

Several other factors determine the price of an imported object, like a car or a motorbike: the US market is not ready to pay as much as we do in Europe.

An example? The BMW X5 30i on a base trim costs 47,000USD and in Europe it starts from 59,000EUR. Make your maths, it would be 81-82,000USD at the change
Also, the tax structures can be very different. I believe that many countries in Europe apply a pretty hefty VAT, whereas in the US we typically pay a much smaller sales tax on goods such as cars and motorcycles.

For those in Europe, what are some typical VATs these days?

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post #35 of 55 Old Nov 9th, 2010, 7:51 pm
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Re: GT / GTL price - still a guess?

It is my understanding that we in the US can order what options we want on our GT or GTL.

So, if my dealer is correct, I will be able to order a plain jane GT with only ESA as an option. As long as it comes with the standard features on the GT:

Heated seat and grips
Cruise Control
ABS
On-Board Computer

So, I will order mine in Light Grey Metallic, please..........and I will be sooooooo
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post #36 of 55 Old Nov 9th, 2010, 8:26 pm
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Re: GT / GTL price - still a guess?

I highly doubt you will be able to order just the ESA and nothing else. I've seen a list of option packages and ESA is part of a package of other things, but that's for the Euro market, we will have to wait and see what the option packages will be for the US.

Given the slumping US$, you can be sure that packages will be extensive and if you want one thing, you will have to take a bunch of other things with it. They have to make a profit on this bike after all, so if BMW can't get the same MSRP $$ as they do in Europe, they'll make up for it with the option packages. That's my prediction.
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post #37 of 55 Old Nov 9th, 2010, 8:32 pm
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Re: GT / GTL price - still a guess?

Rocky,
I hope your prediction is wrong. If not, and the base is above 21 or 22K, I'm out and back to deciding on a Triple Black Edition GS, or a Ducati Multistrada 1200S!

Dream on, I guess. My dealer says we should know pricing in about a month. Just in time for Christmas.
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post #38 of 55 Old Nov 10th, 2010, 12:33 pm Thread Starter
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by fluffy
I highly doubt you will be able to order just the ESA and nothing else. I've seen a list of option packages and ESA is part of a package of other things, but that's for the Euro market, we will have to wait and see what the option packages will be for the US.

Given the slumping US$, you can be sure that packages will be extensive and if you want one thing, you will have to take a bunch of other things with it. They have to make a profit on this bike after all, so if BMW can't get the same MSRP $$ as they do in Europe, they'll make up for it with the option packages. That's my prediction.
I tend to agree with you on bundling the options. It is easier for manufacturing and for sales people to deal with it.
As for pricing it, they can't go over board with the price, at least initially, so they can start selling these things (they need some beta testers). The competition on this market is high and too high price with today's economy may simply turn off many potential buyers, or make them go somewhere else.
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post #39 of 55 Old Nov 10th, 2010, 4:11 pm
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by bjedruszczak
I tend to agree with you on bundling the options. It is easier for manufacturing and for sales people to deal with it.
As for pricing it, they can't go over board with the price, at least initially, so they can start selling these things (they need some beta testers). The competition on this market is high and too high price with today's economy may simply turn off many potential buyers, or make them go somewhere else.
BJ
My thoughts as well. They may want to bundle options to make more profit, but you don't make any profit if nobody buys them. The motorcycle market is seriously in the toilet right now. That cannot be stated clearly enough.

Jim
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post #40 of 55 Old Nov 11th, 2010, 9:58 pm
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Re: GT / GTL price - still a guess?

We will know the prices sometime after the first of the year.
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post #41 of 55 Old Nov 12th, 2010, 7:02 am
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Re: GT / GTL price - still a guess?

In Canada, the price will be unveiled to dealers at a dealer meeting at the bike show on Dec. 10. I will be meeting with my dealer on Dec. 11 to order one if the price is firm. Deliveries will begin in late March. Both bikes will be at this show:

http://www.torontomotorcycleshow.ca/
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post #42 of 55 Old Nov 12th, 2010, 5:33 pm
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Re: GT / GTL price - still a guess?

Part of the reason that we are not seeing a price is that the Euro has been very volatile against most major North American currencies. A big currency move can easily wipe out your profit unless you are very careful with your timing and also your hedging.
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post #43 of 55 Old Nov 12th, 2010, 6:56 pm
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by ronk1200lt
Part of the reason that we are not seeing a price is that the Euro has been very volatile against most major North American currencies. A big currency move can easily wipe out your profit unless you are very careful with your timing and also your hedging.
I guess that can be a matter of perspective. In fact, the Euro is not the volatile currency according to most experts at this point in time (if I understand things correctly). In fact, it just went through a 6-day all high against of a lot of other currencies. The USD appears has lost a lot of its value for some time. Indeed you are right, a big change affects the prices, and especially in US given the competitive pricing in this market.

The prices for most European markets appear to have been communicated. In Sweden, the GTL is priced at approx 34K USD (without packages, including the 25% VAT).
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post #44 of 55 Old Nov 12th, 2010, 10:57 pm
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Re: GT / GTL price - still a guess?

What was the price of the LT in Sweden when it was available? Does the GTL come in as less or more expensive?

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post #45 of 55 Old Nov 13th, 2010, 1:31 am
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by dmacd
What was the price of the LT in Sweden when it was available? Does the GTL come in as less or more expensive?
I am afraid I do not know exactly since I was not a prospective customer at that point. If my memory serves me right, the LT was in the same price range, possibly 1000-2000USD cheaper (but also depends on how they do the bundling of packages). Here, without a doubt, the GTL will end more expensive than the LT once you add the packages. Looking at packages for the K1300GT, I believe one would add another for 4KUSD to get ESA, alarm, DTC, adaptive headlights etc (Here in sweden there will be two packages it seems bundling all factory-installed options; each package has about 3-4 items).
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post #46 of 55 Old Nov 19th, 2010, 1:44 pm
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Re: GT / GTL price - still a guess?

From the Wolf BMW site:

"BMW Canada has released pricing on the new six-cylinder sport-touring and luxury touring motorcycles. The K1600GT will be $24,100 and the K1600GTL $27,225. Equipment and options are still TBA but this is below all predicted pricing! All details and the new bikes themselves will be revealed at the Toronto Motorcycle Show in December."
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post #47 of 55 Old Nov 19th, 2010, 2:27 pm
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Re: GT / GTL price - still a guess?

does the Canadian price include a VAT?...or is that just
the MSRP?......
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post #48 of 55 Old Nov 19th, 2010, 2:27 pm
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Re: GT / GTL price - still a guess?

Curious (or not) that the BMW Motorrad Canada website (http://www.bmw-motorrad.ca/En/index.php) has no mention of this, or, for that matter, even the existence of the K1600 models.

Dave -- 2008 K1200GT Aventurin -- BMWMOA # 40277
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post #49 of 55 Old Nov 19th, 2010, 3:05 pm
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by loboheritage
does the Canadian price include a VAT?...or is that just
the MSRP?......
Each province has it's own VAT, plus there's a 5% federal govt "goods and services tax" Prices quoted do not include the VAT.

In Ontario, it's 13%. The only province without provincial sales tax is Alberta, just the federal GST of 5%.

My dealer knows nothing of this supposed CDN price, he told me the CDN price will be revealed to them on Friday, Dec. 17.
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post #50 of 55 Old Nov 19th, 2010, 3:11 pm
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Re: GT / GTL price - still a guess?

Quote:
Originally Posted by RoadSurfer
Curious (or not) that the BMW Motorrad Canada website (http://www.bmw-motorrad.ca/En/index.php) has no mention of this, or, for that matter, even the existence of the K1600 models.
The BMW Motorrad USA site still lists the LT as a current model...you can't expect these things to be 100% up to date.

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