cash discount

Posted by: velofellow on 22 February 2004

I recently listened to the new 5i duo and was impressed.I want a Nat05 as well so I asked what the dealer would let me have for my Linn Classic.I was told that they didn't take such stuff in px;despite selling it new.Now i would have thought that moving up in the world of hifi would have dealers eager to offer px but if not that's fine by me but there is no way that I will pay list price.Could any of you out there who have recently spent a couple of thousands in cash let me know what discounts are available?
Posted on: 22 February 2004 by blythe
Welcome to the forum Smile

I suspect PX depends very much on what the dealer wants to move on or knows will move on.

The 5i duo is excellent from what I've heard of them and you're very likely to be happy with your purchase.

However, remember that discounts when buying new, equate to low prices when you come to up-grade or sell.......

I doubt, in the UK, that you'd find a Naim dealer willing to offer any discount for cash.

Your best bet is to get the best deal with regards to what extras a dealer is willing to offer: interconnects, installation, stands, speaker cables, whatever.... so I don't begrudge paying the price - particularly as IMHO it sounds better than the competition..

A good dealer invests a lot of time in a sale, inviting you to bring along your exisiting system and usually (in my experience) offering lots of coffee in a nice environment Smile
.........
Why should they discount, when pound per sound, they know it's value for money?

Computers are supposed to work on 1's and 0's - in other words "Yes" or "No" - why does mine frequently say "Maybe"?......
Posted on: 22 February 2004 by John
Explore your options, I was in the same position when I wanted SL2s. No home demo, no trade in and no discount. I went for used NBLs instead as the dealer offered nothing other than the convenience of where he was located. In the end he lost a long term customer. Shop the net, since you are interested in 3 pieces of gear. That should involve alot of cash even after a trade in. You might be surprised with whats possible.

John
Posted on: 22 February 2004 by Mike in PA, USA
I never got offered coffee, but my Naim kit still sounds great.
Posted on: 22 February 2004 by John
James, no actually the dealer is complaining and wining about the lost sales to the used market. Ironic isn't it :-)

John
Posted on: 22 February 2004 by Audio Visionary
Velofellow,
What do you think is the value of your Linn
Classic? As a dealer, I am never surprised
that the customer expects to receive more for
their trade-in than they would be willing to
pay themselves for the used piece of gear.
Don't forget that the dealer often has to service,
warranty the trade in piece and possibly give a commission
to a salesperson when they sell the trade-in. Does
your dealer have a number of Linn Classics, new and
used lying about? If he does, I could see why he might
be reluctant to take another in on trade - especially
if you are wanting top dollar(as we north american types
say) for your trade in.

Bryan
The Gramophone
Posted on: 22 February 2004 by Chris Murphy
Been a while though....James.... Smile
Posted on: 22 February 2004 by Manu
Velofelow
Don't expect any discount for cash. A customer paying cash is more a problem than an advantage for me: I have to go to the bank to make the deposit. These days it is much easier to have electronic payments. I only have to go to my bank to make cash deposits (we don't take personal checks in North America), and i don't like loosing my time waiting in line.
On the trade-ins, as a general rule you will get more of your gear if you sell it yourself. As Bian says we have some costs involved in the resale of a used unit. And we are not in business to loose money, so you will have to pay for these costs.
So we (dealers) have policies from nothing (John's "ex-dealer") to i-take-everything-back (and i'll close because of over inventory). Mine is to be "very open" to trade-ins: BUT I ONLY TAKE BACK NAIM UNITS. For ANY other brands the answer is no thanks with no exceptions other than units previously bought from me.

Emmanuel
Euphonie

All opinions are my own, and reflect those of the organisation i work for, even if not stipulated.
Posted on: 23 February 2004 by David Stewart
quote:
A customer paying cash is more a problem than an advantage for me: I have to go to the bank to make the deposit.
Somehow I suspect the sympathy for this tragic state of affairs may be limited on here Big Grin

quote:
For ANY other brands the answer is no thanks with no exceptions other than units previously bought from me.
The way I read the original posting, this Classik was purchased from the dealer in question Confused

David
Posted on: 23 February 2004 by Manu
quote:
Originally posted by David Stewart:
Somehow I suspect the sympathy for this tragic state of affairs may be limited on here Big Grin


The way I read the original posting, this Classik was purchased from the dealer in question Confused

David[/QUOTE]

You should have sympathy, can you immagine having the cash of a 552 sale, and not having the time to go to the bank.
It was just to demonstrate i prefer bank cards, and i won't give a discount for the sole reason of a cash payment.
If the Classic was purchased from me i would have taken it back. But that's my own policy.

Emmanuel
Euphonie

All opinions are my own, and reflect those of the organisation i work for, even if not stipulated.
Posted on: 23 February 2004 by Tuan
My Naim dealer in Toronto accepts all forms of payment (include personal cheque), he delivers the goods at the customer house, performs the setup and even makes speaker cables on the spot. Thank you Steve (HiFiFoFum), you are the best.... The Naim group in Toronto is waiting for your report (in person) when you comes back from the trade show in England. We'll all go for a good dinner.