ok, so i've got the itch, you know, the 1100 itch

[DucatiTorrey]

So i on a 2009 696 with 4776 miles. I want an 1100 with zero miles. (unless you know where i can get one with low miles)

how much am i going to lose my ass if i trade it in to the dealer. i know the 1100 is 12K, my 696 as 11K OTD with Termis. Am I being stupid? I have seen people say there insurance and payments are actually lower with the 1100...

would the new 3% interest thing help? are they still doing that? I guess ive never traded a vehicle in for a new one before. Im assuming if i get maybe 7K for my bike, that leaves a couple grand left on my loan, is that just tacked onto the new price?

thanks, this is crazy

[direktor]

If you sell the 696 privately, I think you're going to have to finance/come up with about 5-6K. Gonna be worse if you trade in.

I'd wait for a lightly used 1100 and do a private sale to reduce that gap to about 4-5K.

I want to move up to a 1100 too, but not at those numbers. 2008 Superdukes are going for REALLY low right now 

[Raux]

if you are going to get the 1100,
take all your aftermarket stuff, sell it off.
sell the stock bike privately
then buy the 1100.
only way not to lose your shirt.
and anything over 1000cc is going to be higher insurance unless you switch companies and get a lowball price.
when i looked at the 696 vs the HM 1100... double the rate for the HM

[golgofett]

When I jumped to the 1100, my insurance only went up 8 dollars a month, $38.   I use AAA for all my insurance, vehicles, homes, etc...

When I traded my 696 in, it only had 2200 miles.  I have a pretty good relationship with the dealer and after a week or so of negotiating, I got only 700 over Kelly Blue Book but they also took a couple hundred off the 1100 and no setup/delivery fees.  The trade in value is was a little over what I owed so I broke even there.  The loss was the monthly payments I put in for a year.   However, I could not be happier with my decision.  Only problem is the roads here have been coated with sand from the weather and my 1100 only has 500 miles since September...embarassing. 

If you have the time to sell your bike private party, you'll get more.  I just don't have the time or patience.  I did what Raux suggested and sold my aftermarket parts seperately.  The dealer could care less if you have the aftermarket parts. 

You can go to Cars.com and look at their finance calculator for a good estimate of what your payments would be.  Your first loan would have to be paid off, either by you or the dealer.  The dealer sent a check to my credit union.  You would have to apply for a new loan and the dealer would probably roll that into the payments.  I do not know if a private bank/credit union would allow your loan to be more than what the bike retails for, accessories included. 

[DucatiTorrey]

perfect thanks guys, yeah i have a private offer for 7K, i think thats good (not sure really)
 but he wants the termis. i told him that would be more. he had no idea they were 1300 bucks

would the termis fit onto an 1100???

but yeah, sound like some great advice guys


thanks a bunch

[Statler]

one problem going private (If I read your post right)...if you get 7 for it but then still owe 2K on your loan...you can't sell it as there's a lien on the title.   Nobody is going to buy a bike without a clear title.

[DucatiTorrey]

hmmmm, so what do i have to do? pay it all off first?

[1KDS]

that would be the easiest way.

[Raux]

say your loan is 9k left for payoff, you either have to sell it for 9k or make up the difference to the bank to sell it. ie pay 2k to sell your bike in the 7k offer.
if you trade it in they can usually roll some of it into your next bike loan, but that is HIGHLY DISCOURAGED cause you are negative on the value of the new bike immediately.
the best is to do is sell your bike for the amount you owe or more (you can sell off the aftermarket to make up the difference)
all this is if you are desparate for the 1100. else, keep the 696, enjoy it, pay it off or at least pay it down to a reasonable payoff level and then upgrade.

[DucatiTorrey]

yeah thats is pretty mich where i am at. And yeah i think i might enjoy it a little longer, if i do go through with it at the very earliest it will be this summer. by then, i could be even with what its worth, hopefully.

thanks for the help guys

[ungeheuer]

if you are going to get the 1100,
take all your aftermarket stuff, sell it off.
sell the stock bike privately
then buy the 1100.
only way not to lose your shirt.

+1

would the termis fit onto an 1100???

Nope - different ECU, although the cans 'emselves may fit.

[muskrat]

if you trade it in you might get a sales tax credit on the difference.  Meaning if you get 6k for your 696 and out the door for 12k on the 1100 you only pay tax on the difference.  Depending on where you live the hassle of selling it yourself and having to wait may make this advantage worth it, your choice.  Me, I'm not going to deal with the shit for 1k in difference but I would over 2k or something close to it.  Oh, if you get the 1100 get the FULL exhaust.  I rode my friends with slip-ons and full exhaust and there was a noticeable difference.

Good luck.

[scott_araujo]

if you are going to get the 1100,
take all your aftermarket stuff, sell it off.
sell the stock bike privately
then buy the 1100.
only way not to lose your shirt. HM 1100... double the rate for the HM

+1.

On insurance, just call and ask your company.  Maybe a few others too.

Scott

[DucatiTorrey]

I agree on the full exhaust, i don't need the S model, but full exhaust is an option for sure. i was thinking of then selling my termis seperately then to help- make up some cash difference on hat i owe now, then waiting for boom tubes for the 1100 maybe.

and of course this is if i go through with all this,

waiting a year and looking for a used 1100 is an option too

[Raux]

I agree on the full exhaust, i don't need the S model, but full exhaust is an option for sure. i was thinking of then selling my termis seperately then to help- make up some cash difference on hat i owe now, then waiting for boom tubes for the 1100 maybe.

and of course this is if i go through with all this,

waiting a year and looking for a used 1100 is an option too

you know i've been thinking about this. the stock exhaust slipons for the 1100 and 696 are the same part number right? i'm pretty sure then the termis will fit. only the ECU won't work. so if you just want the sound you could just swap cans and save the cash.