You don't need to be an 'investor' to invest in Singletrack: 6 days left: 95% of target - Find out more
Does anyone have experience of using one and the prices, are they much cheaper ?
My work doesn't pay VAT.
Thanks
They aren’t always cheaper the the OEM shifters
Though would have thought you’d need to be in the bike trade to get an account, no? Never really considered why though? Would the be a commitment to minimum spend?
Yes.Cheaper than what?
Do you work for Starbucks/Google?
You will have to convince Madison to let you have a trade account.If you are not a shop and just want cheap bits.....#goodluckwiththat.
We have 30+ bikes that need bits, so should be easy to convince them.
Yes Cheaper than What ?
Obviously a shop !
For Shimano stuff it’s often as cheaper/easier just to buy off crc etc as madisons stock level has been shocking this year.
But they also sell far more than just Shimano so maybe worth it, just ask them
I operate in a bike hire workshop with a fleet of around 60-65 bikes. We don't have a trade account. There's just not enough throughput of parts. We either buy through a friendly shop or go direct to the cheaper parts shifters (CRC, Wiggle, the Germans etc).
Orangeboy, thanks. It's mainly Shimano stuff plus tubes, tyres etc. Maybe some cheap forks.
Scotroutes: thanks. I just presumed trade accounts would be cheaper.
Unlikely. What you [i]may[/i] find is that your purchases, added to that of a friendly LBS, might push them into a higher discount bracket. Use that as a bit of leverage to get a good discount from them. I think you'll be amazed/surprised how small the margin is for most shops.
and that’s the problem for many lbs at the moment but maybe that’s for another thread
If you can by tubes in 50s and tyres in 10s or 20s regular you may find it a little cheaper to get an account with a wholesaler
Any UK business with a VAT no. can buy vat free from EU. For now. Bike-discount.de are the easiest it's all automatic when you set up online account.
I thought that buying from EU doesn't incur VAT at the time of purchase but if you are a retailer you charge the VAT when you sell the item so the amount of VAT that you pay is the same .EG buy an item for £60 is £50 + £10 VAT , sell it for £120 is £100 + £20 VAT and you Offset the £10 VAT that you have already paid so £20 - £10 VAT that you have already paid is £10 VAT to pay for a total of £20 . Buy from EU for £50 with no VAT charged , sell for £120 is £100 plus £20 VAT so your VAT total is £20 again as there is nothing to offset against it.
As a school, we don't pay VAT, don't know the details we just buy ex VAT.
If you're not a bike shop I doubt you'll get an account. Even independent man in a van bike mechanics generally can't get an account with them.
Most stuff is cheaper but popular stuff isn't generally much different to CRC.
The main advantage of a Madison account is the warranty back up and tech support IME.
Used to be the case. No shop front with a window - no account.
Rep had to visit to confirm.
Not sure what it's like these days.
so should be easy to convince them
I know of shops that they've declined accounts to (being friends with 3 of the reps).
You are a school and a shop apparently!
Yes, you won’t get an account unless you’re a shop. Maybe have a word with a local shop and see if they want to do you a discount, maybe?
Very puzzled by people saying their company doesn’t pay VAT - are you maybe confusing it with paying VAT but then reclaiming it?
Very puzzled by people saying their company doesn’t pay VAT - are you maybe confusing it with paying VAT but then reclaiming it?
I suspect its employees of companies/organisation who have a budget to work within but don't actually make the payments themselves. For the purpose of their budget they can treat it as if the company 'doesn't pay the vat' but its just a case of not being involved in writing the cheques of filling out the returns.
could you not deal with a Madison rep direct, get them to place one large order to equip your 30 bikes rather than starting an account?
You’ll likely only buy ex VAT if it’s an internal transaction within the LEA.
You’ll claim VAT back for goods from other suppliers. Generally, schools don’t sell goods or services so don’t pay output VAT, but you would need to add VAT to the sale of any ‘other income type’ item sold from the school to you; including things like selling yourself the old photocopier.
Generally, a Madison trade account is more expensive than stuff from CRC apart from obscure stuff that CRC don’t discount.
EDIT. Sorry, just seen your post further down where you said you’re not selling them on. Still probably cheaper through CRC