2009 ducati financing

[tilt]

SPECIAL FINANCING ON M696 & 848 SUPERBIKE
Just in time for spring, Ducati North America is excited to announce a special financing campaign. Beginning March 1, there has never been a better time to join our newest member, World Champion, Nicky Hayden, and become part of the Ducati family.

Ducati North America recently partnered with FreedomRoad Financial with the goal to provide Ducati customers with the best financing options in the industry. With payments as low as $119/month* on the next generation Monster 696 and $179/month* on the 848 Superbike, you can ride with the Ducati team. Get to your local Ducati Dealership to take advantaged of this amazing offer. Details and dealer contacts can be found below.

[danaid]

Hum...are you a dealer ? or do you work for a lending institution ?

[Dave R]

Well I am a dealer    there is nothing fishy about that post, just a bit random.  It's posted on DNA web site...  new finance offer on new 2009 model 696 and 848 from their new retail finance parter Freedom Road.  We have been working with Freedom Road for a year now and have been very happy with their way of doing business.  This is a great offer for those who qualify, most all dealers should be participating.    Click on the link below the picture and read the details (fine print) and if you want it go get it 


http://www.ducati.com/od/ducatinorthamerica/news/detail.jhtml?newsId=27221

[TiAvenger]

 

good thing I bought my bike a couple weeks ago, or there would be a new 848 in my garage. 

[jerryz]

Did they put the prices up in USA ..cos in EU and Thailand all Ducati prices just went up 10-15% today.

[DLSGAP]

Financing?? WHAT???

I thought all those purchasing a Duc walked into the dealer with cash in hand

[the_Journeyman]

Just keep in mind that those payments in the 1st post are probably 72 or 84 month numbers w/ 10% down.

JM

[DLSGAP]

Just keep in mind that those payments in the 1st post are probably 72 or 84 month numbers w/ 10% down.

JM

yeah.. i wouldnt want to stretch a loan out that far...

my current bike is the first one i've ever financed... OTD price was roughly $9400... and I put $3400 down... did 36 month on the 6k

[bluemoco]

Just keep in mind that those payments in the 1st post are probably 72 or 84 month numbers w/ 10% down.

You are correct sir!

Details from the fine print: 


696 Deal:  "Offer valid from 03/01/2009 to 05/31/2009 on new previously untitled 2009 Ducati Monster 696 models. Amount financed of $8,095.50 after down payment requirement of $899.50 (10% of model MSRP of $8,995) for a term of 84 months with an Annual Percentage Rate (APR) of 6.25% results in monthly payments of $119.26, on approved credit."

848 Deal:  "Offer valid from 03/01/2009 to 05/31/2009 on new previously untitled 2009 Ducati 848 Superbike models. Amount financed of $12,595.50 after down payment requirement of $1,399.50 (10% of model MSRP of $13,995) for a term of 84 months with an Annual Percentage Rate (APR) of 5.25% results in monthly payments of $179.54, on approved credit."

[tilt]

Hum...are you a dealer ? or do you work for a lending institution ?

nope im not a dealer, someone was asking a few days back about financing and i was just putting up the info i found.

[cyrus buelton]

Who the hell would sign up for a 84 month loan??



No wonder the interest rate is 6.25%, they are ass raping you for a few extra years.

[desmoworks]

Who the hell would sign up for a 84 month loan??

You'd be surprised... a lot of people want a bike (specifically a Ducati) so bad that they will do irrational things to get them. Getting a payment that low with such a little amount down makes it affordable right away and thus enticing to many who couldn't pull of more down or a 36mo loan. It will probably stimulate sales to some extent in my opinion.

[lemond]

spring is here! I think KTM is also doing a promo too.

[red baron]

Who the hell would sign up for a 84 month loan??



No wonder the interest rate is 6.25%, they are ass raping you for a few extra years.

Same person that would spend 700k on a shithole 100 sqft house in socal and then realize they can't afford it.

[SP3]

Who the hell would sign up for a 84 month loan??



No wonder the interest rate is 6.25%, they are ass raping you for a few extra years.

You haven't seen the Harley dealer adverts (at least in NEO) for a year or more have you? I've seen terms up to 120 months. Think about that for a minute and grasp the full stupidity of it.