"Unleash the Red Within" - Special offer from Ducati!

[cyrus buelton]

I am getting an '09 Monster 1100, and I am paying cash. 

No way!


Finance it through Ducati, get the 1500$ credit and then pay the loan off the next month.

[M1100]

I think it is $650 on the Monster, and it is credit at the store or the good rate, they never give both.  I'm taking the store credit.

[cyrus buelton]

I think it is $650 on the Monster, and it is credit at the store or the good rate, they never give both.  I'm taking the store credit.

Of course, more misleading information by Ducati North America.

their pretty add says up to 1500$ and now the credit is only 650 on the bike you want.

So the real question is.............what bike gets you the 1500$??

Last years model? A bike that isn't selling well?


what a make the beast with two backsing sham.

I know they never give both, but if I were paying cash and there was a cash back incentive (even on in store credit), I'd totally take the loan and the first payment.........wipe it in full and I came out with some new overpriced ducati gear.

[M1100]

Nobody gives both.  I'm taking the credit (if my dealer ever calls me back).

I'm not looking a gift horse in the mouth.

[derby]

Of course, more misleading information by Ducati North America.

their pretty add says up to 1500$ and now the credit is only 650 on the bike you want.

So the real question is.............what bike gets you the 1500$??

Last years model? A bike that isn't selling well?


what a make the beast with two backsing sham.

don't you people read?

The largest incentives are on 1198R at $1500 and then down to $400.00 for a M696 and how the credit is used is up to the customer.  Serv credit, money off bike, acc credit or??  

http://www.ducati.com/od/ducatinorthamerica/en/news/detail.jhtml?newsId=32001

$1500 Store Credit for the Following Models ($1,750 CDN):
2010 Ducati 1198 R Corse model
2009 Ducati 1098 R Troy Bayliss model

$1250 Store Credit for the Following Models ($1,500 CDN):
2010 Ducati 1198 S and 1198 S Corse models
2009 Ducati 1198 S model

$1000 Store Credit for the Following Models ($1,150 CDN):
2010 Ducati Hypermotard EVO SP, Streetfighter, Streetfighter S, Monster 1100 S ABS and 1198 models
2009 Ducati Streetfighter, Streetfighter S, Multistrada 1100 S, Sport 1000 Biposto and 1198 models

$650 Store Credit for the Following Models ($750 CDN):
2010 Ducati Hypermotard EVO, Monster 1100, Monster 1100 ABS, Monster 1100 S, SportClassic GT1000, 848 and 848 dark models
2009 Ducati Monster 1100, Monster 1100 S, Hypermotard 1100, Hypermotard 1100 S , SportClassic GT 1000, SportClassic GT 1000 Touring, Sport 1000 S and 848 models

$400 Store Credit for the Following Models ($500 CDN):
2010 Ducati Hypermotard 796, Monster 696 and Monster 696 ABS models
2009 Monster 696 model

From a press release issued by Ducati North America:

Summer 2010: 3.99% financing or up to $1,500.00 in store credit.

Ducati announces the “Unleash the Red Within” summer sales program, an unprecedented opportunity to own the Ducati you’ve always wanted.

Running from June 1st through August 31st, there are only three short months to take advantage of Ducati’s most attractive promotion yet. “Unleash the Red Within” is an aggressive sales event which gives the customer a choice of two exceptional offers to best fulfill his or her wish for a dream bike.

With the purchase of any new 2009 or 2010* Ducati from an authorized US dealership, the proud new owner can choose between aggressive finance rates with payments at low as $150 per month; or up to $1,500 worth of in store credit. The in store credit can be used for anything from an extended warranty to a set of new riding gear, and everything in between.

For more information about this exceptional offer, and to pick out the Ducati of your dreams please visit www.ducatiusa.com.


*Finance offer applies to all new 2009 and 2010 Model Year Ducati models with the exception of the 2010 Ducati Monster 796 and the 2010 Ducati Multistrada 1200. Financing available through FreedomRoad Financial (FRF), a division of Evergreen Bank Group. Advertised offers require 10% down and are available to qualified applicants only. Not all buyers will qualify and if approved may receive a higher rate and higher payment, depending on credit score. Some buyers will require a higher down payment in order to receive credit approval. Your actual terms may vary. Tax, title, documentation, dealer prep, set-up, freight, and other charges are not included, if included monthly payment amount will be higher. Other charges may apply. Subject to model availability and dealer participation. Financing offer can change or be cancelled at anytime. Offer valid through 08/31/2010 from authorized U.S. Ducati dealers only. This offer cannot be combined with any other offers. See local authorized dealer for details.

[danaid]

Why?

Dave (Mr I) was giving very very good financial advice.

I don't finance toys either. They are toys. They aren't a car or mortgage payment. I'd only finance a bike if I lived in an area where I didn't need a car and rode everyday as the bike would then be my car.


It isn't shitting on when it is good advice to some younger board members who might not have a good grip on their finances.


More people should listen to Dave then to think they are getting a great rate on a bike.


And yes, I have 3 titles in my safety deposit box for my bikes. I saved up for several months and even over a year or two and paid in cash.

As dave said...........you wreck it..........you still pay on it.

  +1 on everything you said.

 
 
 

[toudg]

Can anyone fix this ; why is it called Ducati North America instead of Ducati USA (yeah DNA sounds prolly better).   It's really, really annoying to call our dealers and get the usa-only offer answer.  Fix this dammit, there are 23 countries in North America.

[cyrus buelton]

Can anyone fix this ; why is it called Ducati North America instead of Ducati USA (yeah DNA sounds prolly better).   It's really, really annoying to call our dealers and get the usa-only offer answer.  Fix this dammit, there are 23 countries in North America.

Legal Entity is my guess.

The add should probably say "valid in the USA only" but it probably does in the small print



No Derby, I didn't read as I don't care. It's just funny what bikes they give you 1500$ on

the ones that are like 20k.

[Goat_Herder]

It's just funny what bikes they give you 1500$ on

the ones that are like 20k.

Ducati, like any other business, still needs to keep its profit margin.  Can't give you $1,500 incentive on a 696 or 848 when there just isn't much profit. 

FWIW, this is still a very attractive offer.  For some, this might just be enough to pull the trigger. 

[cyrus buelton]

Ducati, like any other business, still needs to keep its profit margin.  Can't give you $1,500 incentive on a 696 or 848 when there just isn't much profit. 

I don't know enough about Ducati's pricing model to answer this one.


They won't give an incentive on the 696 or the 848 because they are selling. Correction - small incentive.

They give the nice incentive on a bike that isn't selling.



Curious..........do you know the profit margin on the 696/848 compared to the other bikes?

I am guessing it is probably very similar percentage but obviously the amount differs due to the pricing factor.

[Goat_Herder]

The dealer probably can give you a better idea.  From what I've heard/read is that Ducati makes the biggest profit margin on its big superbikes (even more on the S and R models) while they barely make a profit with the 848.  They keep the model going to remain competitive to its rivial and staying in the mid-weight segment. 

With the Monster line (particularly with 696), it makes its profit on sheer volume.  The bigger monster brings in better bacon since they are priced much higher for better (more expensive) components.  But they still have the same assembling time and overhead, etc. 

[cyrus buelton]

Thanks for that read, it was interesting, but when I sit back it does make sense.

I imagine the dealers make the majority of their money on service and parts.

Which I am curious if dealers are required to pay a percentage of service/labor income back to Ducati?

[derby]

Which I am curious if dealers are required to pay a percentage of service/labor income back to Ducati?

nope.

[cyrus buelton]

nope.

That's some nice income if you have a group of competent Ducati mechanics and a good market.

[mstevens]

Note that the bike that's actually selling like hotcakes at the moment and costs a fortune is not included in this incentive at all.