Ducati Premier Financing (V4 Panigale)

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Anyone “financed” a v4 like this?

seems more like a 48 month unlimited miles lease

What do I need to know before signing?

It's more of a "balloon payment". It's financially not a bad way of buying if you like low monthly payments.
Ducati has competitive rates (1.99%-3.99%) . After 48 months you can finance the remainder lump sum, or at any time you can trade-in or sell the bike like traditional buying.
Depending on the bike, sometimes 36 months is better rate, I would just check on that.
 
The Ducati shop in my hood is offering 0% apr and no payments for 90 days.

nice, I was asking abt that. I don’t think I’m gonna go for premier. It’s like $15k over 48 months then owe $12k at the end so Id be $27k into a $22k bike

0% is nice and so is 90 days till payment due but how abt those discounts!
 
Hahaha no! They don’t want me coming in and coughing all over the showroom floor.
Ducati Miami is 3 hours away from me but my 1299 is much further away than that and the dealer is willing to deliver
I have my Triumph Daytona 675 here in Florida with me but it doesn’t bring me the thrill it used to.
I didn’t realize I was bored with it until I got my 1299. Now it’s time To build a Ducati collection. Even though time$ are tough rn, We can’t go back and make up for that which we have sacrificed.

There’s one COVID LOCKDOWN has brought to the center of my attention: yesterday’s sacrifices are or could be meaningless.

I’ve got friends that are scrambling, loading up the credit card with groceries.
I’m over here like hmm can I get a good deal on a.
I also have friends with the latest $550,000 Ferrari, tuned... but the Ducati still spanks it so maybe those ppl wasted $530,000

anyway, I haven’t been working and I’m rammy and need something to look forward to so it might happen. Im still nervous if a V4 can bring me the same satisfaction as the big V Twin.
maybe I’ll get a 30 day guarantee or something so it can go back, but good luck finding another mint 1299S

maybe all of the generations are legendary in their own special way. The 2020 model’s looks are definitely captivating

So you went test riding :)


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Look carefully at the finance numbers to get a package that suits you, when I buy toys I basically treat them as if resale is worthless. Once youve spent the money its gone, I know some people think differently but my bike was 38k new in 2018 and in 2 more years probably worth 10 as a residual value. 38k @ say 4% over 48 months is 41k in total or 855 per month but I sell at the end and get 10k back. that makes the cost of owning this bike about 150 per week plus running costs etc.

Now it gets ugly, in the last 14 months its eaten 16 tires, registration, insurance, plus a few extras like new wheels, mirrors, front guard, track days blah blah blah- that's about 10k and counting. So add in another 150 per week for a realistic cost of about 15k total cost to buy and run my 1299. Cant see a V4 being a lot less although having two shares running costs.

Can be cheaper but not if youre riding it like its meant to be ridden, it aint a cheap sport :)
 
Look carefully at the finance numbers to get a package that suits you, when I buy toys I basically treat them as if resale is worthless. Once youve spent the money its gone, I know some people think differently but my bike was 38k new in 2018 and in 2 more years probably worth 10 as a residual value. 38k @ say 4% over 48 months is 41k in total or 855 per month but I sell at the end and get 10k back. that makes the cost of owning this bike about 150 per week plus running costs etc.

Now it gets ugly, in the last 14 months its eaten 16 tires, registration, insurance, plus a few extras like new wheels, mirrors, front guard, track days blah blah blah- that's about 10k and counting. So add in another 150 per week for a realistic cost of about 15k total cost to buy and run my 1299. Cant see a V4 being a lot less although having two shares running costs.

Can be cheaper but not if youre riding it like its meant to be ridden, it aint a cheap sport :)
I like the way you think, this sport, esp when you get into tracking these bikes becomes irrational, but chasing the thrill is priceless!
 
I also have friends with the latest $550,000 Ferrari, tuned... but the Ducati still spanks it so maybe those ppl wasted $530,000


Is that $USD? I am not sure which current production Ferrari costs "$550,000" other than the upcoming SF90 which hasn't been released yet.

I have seen this argument several times from several people but I have never quite understood it. Why is it that if someone doesn't have the fastest thing possible then they wasted their money?

First of all, I don't know if you can judge that someone "wasted" their money because they chose to buy a sports car, particularly a Ferrari, over a motorcycle. It's different strokes for different folks.

Secondly, if you bought a Ducati and not a Kawasaki H2 or whatever it is, would you say that you wasted your money because the Kawasaki is faster than a 1299?

Lastly, if you compare financial waste to performance, you could say the same thing about just about every person who bought motorbikes; I know a bunch of people who bought some of the fastest motorbikes in the world and the only way they could ever scrape a knee puck is if they put it on a belt sander. Because they don't have the skills to use their bike past 10% of its capacity does that mean they wasted 90% of the purchase price?

When I lap someone with a V4R at the track on my 748RS, should I tell them they wasted $20k because they could buy a 748RS (19 years older and with half the power) for $20k? Of course not. When they pull into the pits and get off their bike, they're smiling every bit as much as I am. And that's the point of it all..

As far as I'm concerned, it's no one's place to judge how someone spends their money. If someone made the money on their own and they're financially responsible, no one has the right to tell them how to spend it.


...when I buy toys I basically treat them as if resale is worthless. Once youve spent the money its gone...

I believe that this is fundamentally correct. When I buy something like a motorbike or sports car, I consider the money to be gone. It's a sunk cost and an investment to my future happiness but not a monetary investment of any sort. That's why you have to think long and hard about what else that money could be used for. But as I said above, if you're financially responsible and you're meeting your obligations then you can spend your money however you choose.
 
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I would say make sure you look at the finance rate. I purchased a BMW GS last year on their plan. I started looking at the numbers on my billing (after the newness wore off and I wanted to see what I was paying) and I was paying $100 a month in interest. That didn't work for me so I paid it off. I know why didn't I just buy it outright because the payments were low.
 
Even if you have the cash to pay in full, if borrowing money is close to free (super low interest rates) I'd always choose finance. Plenty other things i could do with a lump sum of cash that's better than buying a toy. If you've got commas in your bank account, then that's different.
 
Amen to that.

Is that $USD? I am not sure which current production Ferrari costs "$550,000" other than the upcoming SF90 which hasn't been released yet.

I have seen this argument several times from several people but I have never quite understood it. Why is it that if someone doesn't have the fastest thing possible then they wasted their money?

First of all, I don't know if you can judge that someone "wasted" their money because they chose to buy a sports car, particularly a Ferrari, over a motorcycle. It's different strokes for different folks.

Secondly, if you bought a Ducati and not a Kawasaki H2 or whatever it is, would you say that you wasted your money because the Kawasaki is faster than a 1299?

Lastly, if you compare financial waste to performance, you could say the same thing about just about every person who bought motorbikes; I know a bunch of people who bought some of the fastest motorbikes in the world and the only way they could ever scrape a knee puck is if they put it on a belt sander. Because they don't have the skills to use their bike past 10% of its capacity does that mean they wasted 90% of the purchase price?

When I lap someone with a V4R at the track on my 748RS, should I tell them they wasted $20k because they could buy a 748RS (19 years older and with half the power) for $20k? Of course not. When they pull into the pits and get off their bike, they're smiling every bit as much as I am. And that's the point of it all..

As far as I'm concerned, it's no one's place to judge how someone spends their money. If someone made the money on their own and they're financially responsible, no one has the right to tell them how to spend it.




I believe that this is fundamentally correct. When I buy something like a motorbike or sports car, I consider the money to be gone. It's a sunk cost and an investment to my future happiness but not a monetary investment of any sort. That's why you have to think long and hard about what else that money could be used for. But as I said above, if you're financially responsible and you're meeting your obligations then you can spend your money however you choose.
 
Is that $USD? I am not sure which current production Ferrari costs "$550,000" other than the upcoming SF90 which hasn't been released yet.

haha I’m just talking out my ass bro

Even if you have the cash to pay in full, if borrowing money is close to free (super low interest rates) I'd always choose finance. Plenty other things i could do with a lump sum of cash that's better than buying a toy. If you've got commas in your bank account, then that's different.

.... up some commas

you’re right, I got them to take another point of APR off. I’m tier 1
 
Is that $USD? I am not sure which current production Ferrari costs "$550,000" other than the upcoming SF90 which hasn't been released yet.

I have seen this argument several times from several people but I have never quite understood it. Why is it that if someone doesn't have the fastest thing possible then they wasted their money?

First of all, I don't know if you can judge that someone "wasted" their money because they chose to buy a sports car, particularly a Ferrari, over a motorcycle. It's different strokes for different folks.

Secondly, if you bought a Ducati and not a Kawasaki H2 or whatever it is, would you say that you wasted your money because the Kawasaki is faster than a 1299?

Lastly, if you compare financial waste to performance, you could say the same thing about just about every person who bought motorbikes; I know a bunch of people who bought some of the fastest motorbikes in the world and the only way they could ever scrape a knee puck is if they put it on a belt sander. Because they don't have the skills to use their bike past 10% of its capacity does that mean they wasted 90% of the purchase price?

When I lap someone with a V4R at the track on my 748RS, should I tell them they wasted $20k because they could buy a 748RS (19 years older and with half the power) for $20k? Of course not. When they pull into the pits and get off their bike, they're smiling every bit as much as I am. And that's the point of it all..

As far as I'm concerned, it's no one's place to judge how someone spends their money. If someone made the money on their own and they're financially responsible, no one has the right to tell them how to spend it.
This is the argument I am certain that many riders get into before I show up on my motorcycle and after I leave them. It does not matter to me one bit if your motorcycle is faster than mine or you're faster or braver than me. I am on this silly little rock for such a short time and I want to smile and remember it fondly when I am old and gray. If it is on a Ducati or a Hondakawasuzukiyama so be it!
 
I don't know if you can judge that someone "wasted" their money because they chose to buy a sports car, particularly a Ferrari, over a motorcycle. It's different strokes for different folks.

Secondly, if you bought a Ducati and not a Kawasaki H2 or whatever it is, would you say that you wasted your money because the Kawasaki is faster than a 1299?

you’re spot on with the entire post. In the real world, I would never swipe at my super car friends cars nor decisions. No offense to any of you. We are blessed with our road going machines today, there are some very incredible ones out there

now that you mentioned the H2... someday I’ll be ready for a 300 HP bike and by then I’ll probably be going after 400


When I lap someone with a V4R at the track on my 748RS, should I tell them they wasted $20k because they could buy a 748RS (19 years older and with half the power) for $20k? Of course not. When they pull into the pits and get off their bike, they're smiling every bit as much as I am. And that's the point of it all..

Good point
 
I considered the H2 before I bought the V4S. Completely different bike. That bike is about power, V4 is about power and handling. From the reading I did, the H2 is pretty slow for what it is stock. Quite a few bikes out-accelerate it stock for stock. You really need to be prepared to mod it to get the crazy supercharged acceleration out of it.
 
I was looking at an H2 Carbon... as with @ArcticWhite everything I read/watched said the V4 has much better handling though you could mod the H2 for more power. My Super Duke R was all silly power with no handling, traded it for the Pani
 

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