H-D has a new boss

[MacDoc]

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ruffriders said:
Harleys do tend to stay on the road longer which is a factor also, people keep them going longer.

Think you will find a lot more 1970s and forward Hondas on the road than anything else.....and with high mileage as well....not garage queens either.

 

[ruffriders]

Think you will find a lot more 1970s and forward Hondas on the road than anything else.....and with high mileage as well....not garage queens either.

True, I have one

 

[TK4]

Overall 35% profit margin. Clothing should have a higher rate than bikes but when they are 1/20th of the gross, even at 95% margin (which they aren't) it still isn't a huge part of the profit. It's an extra nice to have portion.

Maybe they make 35% on a p/u truck but nobody is making that kind of $$$ on any new motorcycle.

 

[TK4]

True but I'll add that my Fat Bob was about $19000. So was my FJR.

You've got to sell a lot of Street 50s or R3s to equal the net profit on one big bore H-D or your FJR.

 

[TK4]

Talk about "Wexit" has completely died for some reason. Hmmm. It's almost like a lot of Albertans suddenly realize they're going to be needing the rest of Canada again or something.

They p*ssed away the Heritage Fund then come cap in hand to Ottawa to bail them out.

 

[TK4]

Oh dont you worry, apparently leaving canada will fix the economy, save the whales, and cure cancer!

Nuke the whales, nuke the gay whales, nuke the unborn gay whales ! (sarcasm font)

 

[JTR]

They p*ssed away the Heritage Fund then come cap in hand to Ottawa to bail them out.

I'm sorry, what?

 

[GreyGhost]

I'm sorry, what?

I think the Alberta and HD threads are getting muddled together. Heritage fund was AB running a deficit every year since 2008 in times of great prosperity.

 

[TK4]

I'm sorry, what?

Kelly McParland: How Alberta turned its Heritage Fund into a cash machine for big-spending politicians

The province has siphoned more than $36 billion from the fund, meant as a bulwark against future uncertainties, leaving it with $17.5 billion.

nationalpost.com

 

[JTR]

I think the Alberta and HD threads are getting muddled together. Heritage fund was AB running a deficit every year since 2008 in times of great prosperity.

If only they weren't carrying the rest of the country, eh? Great prosperity for other provinces collecting welfare checks from Alberta. Don't get to collect transfer payments for years and talk about "cap in hand"

 

[JTR]

Kelly McParland: How Alberta turned its Heritage Fund into a cash machine for big-spending politicians

The province has siphoned more than $36 billion from the fund, meant as a bulwark against future uncertainties, leaving it with $17.5 billion.

nationalpost.com

Ok, so $36B pulled out of the fund, how much lost in transfer payments to date? When oil started diving, transfer payments continued. While the province burned, transfer payments continued.

 

[bigpoppa]

Ok, so $36B pulled out of the fund, how much lost in transfer payments to date? When oil started diving, transfer payments continued. While the province burned, transfer payments continued.

Is this like telling your wife you blew the savings at the casino and blaming it on the mortgage?

 

[AllistonGT]

You've got to sell a lot of Street 50s or R3s to equal the net profit on one big bore H-D or your FJR.

Of coarse.

 

[AllistonGT]

If only they weren't carrying the rest of the country, eh?

I'm sorry, what?

 

[GreyGhost]

Let's keep this thread remotely hd related. There is an Alberta thread to discuss that situation.

 

[JTR]

Is this like telling your wife you blew the savings at the casino and blaming it on the mortgage?

No, it's the wife blowing the mortgage at the casino, and then you have to cash out the rrsp to cover it.

 

[FullMotoJacket]

Overall 35% profit margin. Clothing should have a higher rate than bikes but when they are 1/20th of the gross, even at 95% margin (which they aren't)

P&A in the bicycle biz is 100%. I'd assume the motorcycle biz are at least close to that.

 

[TK4]

P&A in the bicycle biz is 100%. I'd assume the motorcycle biz are at least close to that.

Not even close - maybe 10% on a new unit if you're lucky and 35% on P&A.

 

[FullMotoJacket]

Not even close - maybe 10% on a new unit if you're lucky and 35% on P&A.

If they're paying $26 for those made in China HD t-shirts they're selling for $40 they're in the wrong business.

 

[TK4]

If they're paying $26 for those made in China HD t-shirts they're selling for $40 they're in the wrong business.

Then go ahead, show everyone how its done. Make a small fortune in the motorcycle biz.

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