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Yamaha Cancelled The R1

8.2K views 130 replies 52 participants last post by  1longR1  
#1 ·
I just recieved a call today from my Yamaha Dealership. He had 3 confirmed orders for the 2009 R1 including mine that still have not been met. Apperantly Yamaha has cancelled delivery for these R1s because of the economy!:rant He told me if you want an R1 try to find it as soon as you can and sweep em up because there arent going to be any more shipped from the wherehouses in the states. He also told me that he has never seen a confirmed order cancelled. :dunno Last time orders were taken in any way was about 4 years ago when the majority of them went to Europe. I guess because they can sell the bikes and get more for them?:dunno Also, he told me Yamaha said there were to many 08 R1s still have not been sold.....:confused:

In any case it looks like I may have to wait for my new bike....:boom:banghead::machinegu:argue:flush:
 
#4 ·
:iamwithst
 
#5 ·
1. Never trust a dealer

2. If you want to buy a new bike.. and you have the cash. Someone will sell you a new bike and take your cash.

3. Yamaha already said they are cutting back production this year by 26%. And maybe as much as 40%. Look around. This is nothing new, every company is cutting back. That said the way any of these companies make money, is by selling you their products.
 
#7 ·
I had my doubts too....but Ive been in touch with this guy (the owner of this particular Pro Yamaha dealership), and im just relaying exactly what he told me. I was gonna be throwing it out on the track this year too so I was really excited. If you Pm me ill give you the number to call and ask yourself.
 
#8 ·
Ha...ya, they may be scaling back production, but it's not canceled. :lol

Either way, there are enough people on here that work for dealers or are dealers themselves, maybe they can chime in.
 
#108 ·
my thoughts exactly, ahhh, the economy is shitty so they dont believe they can make a sale, isnt yours already bought!??? wtf??

this doesnt sound right to me.. yes there are plenty 08s in every showroom.. in canada there's even plenty 07s left... i'm sure some dealers are even denying exitence of several 08s... its all a game to get you to grab old stock in most cases..

i'd be very suspicious about their statements... get your money back if you put any down n' go somewhere else... period :secret:
 
#10 ·
I just hope I can get my blue 09.....Ill be pissed if I cant get it. Ive been friends with this guy way before the deals came down for the new bike. If the times weren't so tough he would have given me practically cost for it. I just find it unusual to cancel a confirmed order.
 
#13 ·
I call B.S.

A manufacture is not going to halt sales of something selling hot and fast after the investment of retooling, advertising, promotions, etc. The dealers have a floor plan program. Yamaha knew all along how much stock of 08's is out there. If they were going to hold off release of the 09 to get the 08's sold, it would have been done back in Dec/Jan.
 
#17 ·
Don't forget the element of competition. Suzuki, Kawisaki, and Honda are all trying to eat Yamaha's lunch. To these corporations, outselling each other is like a huge pissing contest. Yamaha just released something that may very well outsell the competition and they would pull back, why? To force old stock out the door and take a risk people buy the latest from a competitor. ok. :lol
 
#23 ·
dude i dunno this sounds right but to be honest i doubt the will STOP production all together... true that there are quite a few 08's even some 07's but i doubt they will be stopping it all together simply because of the demand of the 09...

also like LEX said there are A LOT of 09's here in so cal just sitting ont he floor... I know of 4-6 at the pasadena yamaha every color and 04-06 at bert's mega mall all colors...

just went about a week ago..

MAYBE try to look out of state? i know some ppl here drove many hours to get their 09's... maybe your dealer can speak to another dealer for you? try that

either way gluck man... hope what your saying is not true for your 09's sake

wiL
 
#25 ·
thats b.s. he is just trying to have an excuse to jack up the price. the R1 stock has shot up due to the recent mcn reviews. so they can use the economy as a tool to try and say they are limited. BS. if you look on cycle trader, there are plenty of R1's for sale, i live in charlotte nc and they have plenty of them here also. i personally am in the market for another gixxer 1k , however if i were to buy the current R1 it would not be a problem finding one. never believe a car/bike/boat/rv salesman. politican or a lawyer. use your own judement after that.if you got the cash you can get whatever you want. Today.
 
#28 ·
Normally I would agree with that completely but he told me to try and find one elsewhere as soon as I could. He even gave me some ideas as to where to look. Gave me numbers to other dealers he knows has some. etc...All Im saying is what he told me, true or not, Its a bunch of bull and its pissing me off not being able to get that R1 NOW! Ive waited since the initial photos were released.
 
#29 ·
I work for a Yamaha dealer and its somewhat true.

We had 1 come in and the other ones have not arrived and
there still isnt a ship date for the other ones we ordered.

Its sucks as we are a good size dealer with nothing to show or sell.
Funny thing is we received 12 R6's and one R1.:dunno
I hope this gets fixed as we are losing sales over it.
 
#30 ·
The issue I see here stems from local or regional sales markets. First off, Yamaha is not going to stop production. If the factory isn’t churning, they aren’t making money. Now, you have two issues working against Yamaha.

1) Too many leftover 2008 bikes
2) A poor world economy and horrendous credit markets.

The leftovers are a problem, but it can be overlooked if the 2009s are selling. What is happening is the 2009’s aren’t selling. The economy is bad. Dealers want, and in some cases need, to get maximum profit from all of their bikes (not such the “hottest bike on the block”) to improve their chance to weather the storm. Some dealers are holding strong at MSRP because they either need to or they have convinced themselves that they have to. It seems that in most of the high volume markets, this is the case.

You do have a few dealers that are pricing to move to get any form of income in. But these are few and far between.

It’s hard to get credit right now. A factor of market economics is who will be purchasing these bikes. The people buying these bikes are not the same type of people going out and buying Jaguars, BMWs, and Mercedes Benz. The majority of them tend to reside in the middle to lower income and credit brackets. These people are having a tremendously hard time getting credit.

So you have dealers who are staunch on MSRP (which is driving away a percentage of the buying population) and the credit markets on the fritz (which is driving away another percentage of the population). These factors are indicating that if Yamaha floods the market with the same number of ‘09’s as they did the ‘08’s they will be left with two years of high volume leftovers, a position I am sure they want to avoid.

To counter this I suspect you will see a decrease in production of US-bred bikes. Because the US bike is different than every other R1 sold in the world (and the costs to convert each one to the European-spec would be non-profit driving) the only recourse is to limit, or even stop, shipment of US-bred bikes. I highly suspect that you will not see many dealers with a ton of stock of these bikes, especially in the smaller markets. If you really want this bike and are in a small or medium market (and if you have a lot of people in your market that want this bike as well) you’re gonna have to travel or get a dealer transfer. This is going to mean the cost of the bike is going to go up for you.

Some people will get lucky if they buy early from someone who is pricing to sell. But unless Yamaha sees a physical increase in demand (meaning dealers not having the bike in stock) there is no financial advantage to spend money building bikes that are not going to be moved for 2-3 years. Or better yet, it would be more profitable to move production focus to the rest of the world if they can sell more product there.

If the economy improves this will change. But if it doesn’t, and you really want this bike, you’re going to have to lessen the “deal” you want to get on it or be willing to travel.