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True or not?

Dealer Invoice Report
2004 CBR 1000RR

List Price: $10999

Dealer Invoice: $9479
This base dealer cost includes freight to the dealership.

Assembly Cost: $TBA similar models are $34 per Honda dealer pricesheet
Each dealership has its own method of figuring cost of assembly and preparation for sale.
There is no reimbursement by the factory for this cost to the dealer.

Ready to sell cost: $9513

This model Honda motorcycle has 5% (of MSRP) dealer holdback.
This holdback money is paid to dealers in April or October for units that are sold to U.S. residents within the previous 6 months. Dealers must pay Honda the full "Dealer Invoice" price and wait 1 to 6 months after selling the machine to receive their dealer holdback.

Wholesale Incentives: none for this model.

Retail Incentives: none for this model.

The "Ready to sell cost" is the cost of the machine sitting on the showroom floor with NO PROFIT to a dealer. Dealers do not stay in business very long by selling machines for no profit.

Many dealers charge additional fees for "Freight and Setup" over and above the selling price of the machine. Add the "Selling Price" to the "Freight and Setup" charges and subtract the "Ready to sell cost" to determine the PROFIT a dealer is asking to make.
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