Here by me in Long Island Nassau Federal Credit gives 1.99 up to 60 months with 10% down on new bikes. And say you financed with someone else and had a higher rate. If you refinance before the bike turned 1 year from the date you purchase it then your rate is as if its brand new. A 640 credit score will give you a 3.75 rate. And on preowned bikes from a dealer or person up to 60 months is 3.79 and with 20% its 3.49. Of course with a 640 score it would probably be between 4.79 to 5.25
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Here by me in Long Island Nassau Federal Credit gives 1.99 up to 60 months with 10% down on new bikes. And say you financed with someone else and had a higher rate. If you refinance before the bike turned 1 year from the date you purchase it then your rate is as if its brand new. A 640 credit score will give you a 3.75 rate. And on preowned bikes from a dealer or person up to 60 months is 3.79 and with 20% its 3.49. Of course with a 640 score it would probably be between 4.79 to 5.25
I traded in my 2014 monster 1200s for my 1299 and got 0 APR and got a killer trade in. So im just paying that out without caring. I had 24 months left on my Monster but when I traded in for the 1299 my payment went up $30 and added 6 months to the payments. No biggie in my opinion. Rate went from 10% to 0% so that helped.
On my 2015 BMW S1000R I did the 3 easy payment thing but I was paying $75 more than I needed to and then for 5 months I paid $950. Total owed is $5900 and I can stop paying now since Im ahead of the balloon but I figured I have so much invested in the bike Ill just pay it off in 5 months. I have 16 months left on the payments.
On my 2016 S1000RR I picked it up Oct 2016 and got a 0.1% interest rate and its $352 a month for 60 months. Once I pay off the S1000R Ill just pay $600 a month to pay that offer quicker too
Not on a financial instrument designed like a lease. 4.7 is ridiculously high!
On a conventional 48 to 60 month loan, yes, it's not bad. But this thing they are offering is like a open ended lease, except they don't buy it back at market rate, you have owe that money and have to get a new loan, or sell it and pay off the balloon payment.
There's no giving it back. You own the ballon payment. You have to sell it to the dealer in a trade in or sell it to a private party, either way, you owe that balloon payment.
You are thinking of a closed end lease. In this type of lease , you can turn in the vehicle without owing the balance.
This instrument is like a open ended lease except you assume the entire risk what the balloon payment is due.
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Yeah, I feel like people are going to get themselves into trouble with this option and/or take a hit at the end of the term that they are going to have a hard time with.
If Ducati really wanted to roll out a program like this then they should have just figured out how to actually lease bikes. That way you know exactly what you're getting into at the start. The problem with that is they'd have to admit and advertise just how bad of a hit your new bike is going to take after three or four years.
I don't fault Ducati for offering this option, if more people are willing to buy bikes because of it then it makes sense from a business point of view. But I don't think it's smart from the customer side.
Correct, but it's structured like a lease with a high interest rate. You would hope a 4 year old 27K motorcycle would be worth 14K.
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- Vancouver, BC
Always hard to negotiate on first few bikes of a new model line unless the demand isn't there. I've bought several ducati's from my dealer and have built up a relationship that they always give me a nice discount on bikes and accessories/gear.
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Yup, when I bought my BMW in 2010, it was msrp no matter what the dealer. I ended choosing s dealer that offered me the most on my CBR1000RR ABS.
V4 S $27,495
Freight $695
SetUp $1000
Tax 6% $1650
Title (MI) $824
Grand Total....... $31,700
My guess is dealer gross in the +3k range.
Wait till end of 2018 if you want one of these things new.
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It's that setup that gets me, $1000 is about 10 hours of labor.
What the heck do they do to a new bike fresh out of the crate for 10 hours.
I could see a couple of hundred.
Had my Tuono dropped shipped to my house, I un-crated it and was riding it in 30 minutes. Admittedly, the dealer did open the crate at some point and put my slip on on before shipping.
Titling in MI $824, damn, they are sticking it to you up there.
What the heck do they do to a new bike fresh out of the crate for 10 hours.
I could see a couple of hundred.
Had my Tuono dropped shipped to my house, I un-crated it and was riding it in 30 minutes. Admittedly, the dealer did open the crate at some point and put my slip on on before shipping.
Titling in MI $824, damn, they are sticking it to you up there.
It's that setup that gets me, $1000 is about 10 hours of labor.
What the heck do they do to a new bike fresh out of the crate for 10 hours.
I could see a couple of hundred.
Had my Tuono dropped shipped to my house, I un-crated it and was riding it in 30 minutes. Admittedly, the dealer did open the crate at some point and put my slip on on before shipping.
Titling in MI $824, damn, they are sticking it to you up there.
Agreed!
It's a 45 minute job. Not to mention, it's a cost of doing business as the dealer can't display big ... boxes on the showroom floor. And the manufacturer pays the dealer prep time and dealers get that money in the quarterly hold back check, at least they do in the auto industry.
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Buying in the crate is the only way I do it. Not to save the money , but rather to get to open present to myself.
I never get tired of opening the box. Like a kid at Christmas all over again haha.
Besides, it’s fun to prep the bike and get some quality time with it before first ride .
Most of my riding mates have a good laugh and say there are pills for my affliction.
I never get tired of opening the box. Like a kid at Christmas all over again haha.
Besides, it’s fun to prep the bike and get some quality time with it before first ride .
Most of my riding mates have a good laugh and say there are pills for my affliction.
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Considering what Jarel said, if people take care of their bikes and bring it back to the dealer for a trade, that means the number of gently used bikes should go up... which is great for those of us who don't care to get the latest and wait to get a killer deal on a used beast!
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- Vancouver, BC
I think calling your dealer and asking them would yield a more accurate answer to your question than asking us...
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- Spain
In Europe not the same price
each country has its prices
In Spain
V4 25.125 €
V4 S 29.990 €
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each country has its prices
In Spain
V4 25.125 €
V4 S 29.990 €
Enviado desde mi iPhone utilizando Tapatalk
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- Mar 28, 2015
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- Australia
If it was a demo/used maybe but not new there in the business of making money not giving away free DP .... unless ducati say otherwise.
It all depends on the dealer. When the new 2014 Ducati Monster 1200 and 1200s came out I gave a $5000 deposit. The bike was a brand new model and I negotiated $750 off in Manhattan of all places with no prep fees. NYC Ducati did that just so they can take business away from a long island dealer. Smart move. Then when I bought my 1299, BMW S1000R and BMW S1000RR I negotiated each bike. I got $800 off on the S1000R since i came in on the 31st of the month on a snowy day 5 mins before closing and got no prep. Got $1000 off on the RR with no prep and got a an additional $600 off with no prep on the 1299 since it was a left over and there was a $3000 discount on the bike already. So you can negotiate
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