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Old May 29th 2014, 06:10 PM   #1
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I Ride: 2014 Ducati Panigale ABS
Wanting to get a Panigale

Hey guys first post here. I have been interested in a 1199 for some time. I own a 2011 zx10r right now. Its a nice bike. Happy with it. I just love the look of the panigale. Mainly going to be a street bike. Probably wont track it. Too expensive. But a fine street machine to do some twisties on and regular street ride.

I have a loan on my zx10r still. So I need to get out from under it. Dealership I have been talking to offered me 6500 for the ninja. Blue book retail is 8100 so its a bit of a thin deal. They always want to buy low sell high. I get it. But That puts me about 2k in the hole. I was going to make up the difference by putting a larger down payment on the panigale.

My other issue is they have a 2013 panigale abs model. But they are asking retail for it. As soon as I take it off the lot it looses almost 4k in value.

Honestly what should my bottom line be on a 2013 model new with no miles?

He offered me 20100 out the door with and 1100 dollar down payment. Seems very high for a 2013 model. But then again im trading. Should I not trade the bike and just sell private and then shop? Obviously id get more money but the hassle of selling on my own.

I could buy a 2014 for the same price elsewhere. I know its the same machine for the most part but the year does matter down the road for trading or selling. Just means more negative equity.

Any advice would be awesome on what I should try to do with this dealership.
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Old May 29th 2014, 06:34 PM   #2
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If you're wanting to get a red color, get a 2014 unless you find a 2013 for less than 16k OTD. Sell your bike on your own n deal with the hassle unless your time is worth money n you shit benjamins, but seeing as how you still owe on it and have given clues to say otherwise, I'd sell it privately, then buy 2014 if all you can do is work the same OTD for 13 and 14. If a dealer isn't budging CONSIDERABLY for a 2013, I wouldn't give them my business....2013 or 2014.
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Old May 29th 2014, 06:42 PM   #3
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The bike depreciates a lot as soon as you take it home.

The difference in depreciation is 1175. He would have to at least drop the price that much for me to even consider. Cant believe he is trying to get that for a 2013. Crazy. You think 16 OTD is doable? He had some freight charges and a 99 dollar warranty fee. Never seen that before. warranty fee I mean.

Im gonna call around some other dealers. See what they say. All are going to try and screw me on trade. I need to sell outright. I could give someone a good deal and still make out better then what this guy is offering. I understand they cant pay too much but it sucks for the guy trading in. LOL

Lucky I got a pretty good deal on the 10r. So my equity isn't that bad. I can get caught up with a little payment on the loan. I just gotta get rid of the green bike man. hahahaha. I cant do it. The red is calling my name. Duc is so sweet.

Thank you for the insight.
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Old May 29th 2014, 06:49 PM   #4
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I meant 16otd for a used. Just look around here on the forums. There are some great deals on occasions. A warranty fee? Really? $99 nickel and diming at its best. Obvious sign to leave that dealer alone. You won't get a new for 16otd due to dealer prep fees but private sale, yes. If you don't care about 2013/2014, get a used 2013 and save on not having to do the first service and then buy the extended warranty for peace of mind whether you end up using it or not. If you must have new, there should be at least $1000 difference with the 2013 being cheaper if not more than $1000.
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Old May 29th 2014, 07:49 PM   #5
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I went in another direction, but I have been offered, on eBay, a new 2013 1199S for $20.5K shipped.
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Old May 29th 2014, 08:14 PM   #6
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What the dealer isn't telling you is that you can save thousands by buying one that isn't painted...the code for the dealer is "primer white" they'll know what you want and order accordingly.

It's a simple case of then just painting it yourself.

Just make sure you do paint it, there's a few floating around that are still white. Not sure id want to be seen on a white one...they look odd without paint
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Old May 29th 2014, 08:27 PM   #7
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He is not the only ducati dealer in US so shop around.

I live in IL and bought my bike from Mellimoto Ducati in FL. I saved $2k by buying out of state. No frieght/prep/documentation fee. You pay taxes in your state during registration.

The shipping varies but shouldn't be more than $500.

Call various ducati dealers and someone will offer you a good deal. I'd recommend Mellimoto cause I got a very good deal and the store has A+ customer service.


-------------------------------

Just something to consider - If you trade in your bike you pay taxes on only the difference. Taxes in chicago are super high so that is one positive of trading in - Also you won't have to deal with people who seem to be interested only in joyrides.
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Old May 29th 2014, 08:43 PM   #8
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Ya I emailed him and told him that 1175 needed to come off right away or there was no deal. Plus the bs fees. Since when did ducati charge a warranty fee? LOL

My only drawback is the trade. He told me he was at least guaranteed to get his money back on what he offered me. But I think Im going to try and do private sale of the zx10r. Even giving someone a good deal like 8k I still come out better then the lowball figure he gave me. I got 3500 coming shortly for my trackbike. That's my down payment on a machine that I probably wont buy from this dealership. There is a few within striking distance of me so Im gonna call around. Heck I found a deal in mass for 16200 on one. Not sure if its new or not though. Doesn't say.

I want to get a new one by the way. The interest rate and terms are better for me on a new machine. Keeps my payments semi reasonable.
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Old May 29th 2014, 08:44 PM   #9
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Originally Posted by HotIce View Post
I went in another direction, but I have been offered, on eBay, a new 2013 1199S for $20.5K shipped.

I would take that deal, I paid more than that for a leftover at my dealer...
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Old May 29th 2014, 08:57 PM   #10
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Originally Posted by BrisDuc View Post
What the dealer isn't telling you is that you can save thousands by buying one that isn't painted...the code for the dealer is "primer white" they'll know what you want and order accordingly.

It's a simple case of then just painting it yourself.

Just make sure you do paint it, there's a few floating around that are still white. Not sure id want to be seen on a white one...they look odd without paint
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