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Procurement Market Intelligence Report

Golf Carts
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Golf Carts?

What is the average price of Golf Carts?

This procurement report includes pricing information to help you purchase Golf Carts. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Golf Carts been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Golf Carts yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Golf Carts?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Golf Carts with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase ?

Market share concentration for the golf carts market is high. The top four vendors in the market are manufacturers, including Textron, Yamaha, Ingersoll Rand and Garia, which together make up more than 50.0% of market revenue. According to ProcurementIQ estimates, there are 1,400 vendors in the golf cart market, which... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Product Lines

What products or services do you offer in addition to golf carts?

What types of discounts do you offer for specific types or brands?

Are there any incentives for repeat customers?

What promotional deals exist for bulk buyers?

Service & Maintenance

Do you offer maintenance and repair services? If so, how much do these services cost?

How quickly can your technicians report to my site if technical support or repair is required?

What is the anticipated useful life of your product?

Are there any instances or circumstances that would significantly reduce the useful life?

Do you have a buyback program?

Customer Service

Do clients have a dedicated account manager, or do they call a general support line?

How many clients does each account manager look after?

Do you offer 24/7 customer account and technical support?

What is your process for dealing with customer problems and complaints? Do you have an escalation process?

Amidst widespread health concerns, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should explicitly state the total contract amount.

Buyers should explain the schedule by which payments will be made.

For assistance in ascertaining a reasonable price and price range for golf carts, buyers can consult the Benchmark Price section of this report.

Selection Criteria

Buyers should look for suppliers that have been in business for a long time and have direct experience providing the kind of quality golf carts they are seeking.

Buyers should consider references from current and former customers.

Buyers should give preference to local suppliers in order to cut down on costs related to transportation. Furthermore, using a local supplier will simplify communication.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should communicate to prospective suppliers when award information results will be provided.

Buyers should state their general expectations with regard to response time and customer service.

Buyers should list the expected start and finish dates once a prospective supplier is chosen.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Vendors of golf carts are exposed to a moderate degree of supply chain risk, which primarily stems from the volatility of steel prices. As a globally traded commodity, steel prices are subject to large fluctuations due to trends in supply and demand, international trade laws, currency exchange rates and more.... Subscribe to learn more.