New 2012 Tricolore

Stw said:

$24/25k has to be the lowest they will go though..... I would think...

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+1 . Anywhere between low to mid 20's will be a deal. I say go for it , even with the issues i love the Tri and is best bike for me so far . Good luck

gatti man said:

You are wrong. There are no prepayment penalties. Its ducati paying about 1k worth of your balance and $400 in interest and 4.99%

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on $25k it will probably be closer to $1400 in principal and $500 in interest.

kensteele said:

on $25k it will probably be closer to $1400 in principal and $500 in interest.

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Yeah yeah I was just shooting from the hip

FrostyFire said:

Ducati is making the payments for you, you will still be on the hook for the interest for the term, so it's not a "deal" vs paying cash. And I bet it's 4 months with 5 year financing.

It's only a deal if you intended on financing in the first place.

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Not that it matters, but here is my 2 cents on general financing (on any vehicle). Cash is generally not a perk, but not a detriment either (perk on selling price, still always a perk to you to not pay interest). I usually walk in with a check, even though I finance. I can get a blank preapproved check from USAA or Navy Fed (the two I prefer) and say I will be using that, but they are free to try to beat the interest rate I'm getting. And if interest rates are low, like now, I usually will finance it for the longest possible period to reduce monthly payments, and add GAP insurance so since you'll be upsidedown for a while, it will be covered if the bike is totaled (always always always get GAP insurance). So basically this scenario is the same as me leasing a bike, since I'll never own one long enough to pay off.

As to factory incentives, such as the making 4 payments, that is indeed a fantastic deal (so is the interest rate). Note that factory incentives are just that, from Ducati and not the dealer. So you should have ADDITIONAL discounts from the dealer. Don't let a dealer ........ you that the factory incentives are limiting the dealer's ability to drop the price further (which is why factory incentives are always a good thing to capitalize on). Dealers can also negotiate on their dealer fees, though it is like pulling teeth out of a chicken to get them to do so.

But on a side note, great deals and factory incentives are destroying the value of my bike, so I actually think you all should pay full MSRP and stop screwing up my resale value.

Agibbs996 said:

My advice if you're going with a 2012, take the promo and free money and just pay it off at the end of the six months.

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+1

This is exactly what I did, but still got my base for $16,300. From a discount perspective, that is 14.2% off sticker. So if you wanted to give a number first, I would go for 15.5% off sticker and see what happens. Incidentally that is $23,665. A friend got a 2012 Tricolore a few months ago for $24,000, so from the responses I've seen that is correct.

Can't you refinance it after Ducati makes your 4 payments? 5.99% isn't bad for a motorcycle loan. I found that my Credit Union offers a better rate.

kickarsmann said:

Can't you refinance it after Ducati makes your 4 payments? 5.99% isn't bad for a motorcycle loan. I found that my Credit Union offers a better rate.

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You can absolutely refinance. I mean, check the fine print on their loan, but I have yet to see any financiang that you can't refinance. Generally you want to look to see if there are any penalties for early payment. Though haven't seen such a contract for a LONG time. Nearly every year of my loan I check interest rates of my banks and see if it is prudent to refinance.

Could anyone who took advantage of the promo scan and post just the terms and condition of Freedom Road Financials contract? Not looking to see what you paid but just want to see their fine print.