MoCo Extends Trade-In Deadline

[el jinete fantasma]

Originally Posted by Miami

I have tried this at two different locations, if you finance the sporty you will not be able to take advantage of this offer. All will be tacked on the backend of total price. Example, the rocker c I want costs 20,000 giving them my 2008 xl883c will cost me 31,000 after 84 months. I hope there will be change in the new administration. I understand dealers need to make a profit but let us all downsize and work together so we can survive and ride together in extreme times.

I think that's just your dealers' spin on it. One of the dealers I talked to said that you had to buy your Sportster within the last 12 months. I think that's just their way of ensuring they get very low-mileage bikes. None of the other four dealers I spoke with said anything like that. In fact, the closest dealer to me was pretty much gonna take my bike without going over it. The one I ultimately did the deal with went over it pretty thoroughly, but took it. They said nothing about the dent in my rear fender or the fact that I had 14K miles on the tires.
As far as the financing, I think that's another way of saving your dealer headaches they don't feel like dealing with. My Sporty was financed, but I was getting back more than I owed on it. The extra money was put towards my Fat Bob.

[cgp-1200R]

[Thornhammer]

Originally Posted by el jinete fantasma

As far as the financing, I think that's another way of saving your dealer headaches they don't feel like dealing with. My Sporty was financed, but I was getting back more than I owed on it. The extra money was put towards my Fat Bob.

Okay, I'm getting confused. I'm not a financial master, you seem to have gone roughly the same route I'm taking.

I'm looking at a Dyna Super Glide Custom. I've got an '08 883C, financed. We put down roughly half of the cost of the motorcycle at purchase.

Wouldn't they just roll the difference into the existing financing?

[Gary7]

Originally Posted by el jinete fantasma

It doesn't have to be stock. I had a Stage 1, different seat and shocks, and no one said anything when I traded mine. Hell, I even had a dent on my rear fender!

And my dealer got semi-pissed that I took most of my goodies off before I brought the bike in for trade. I guess he figured all those extras would make it easier for him to unload.

[Gary7]

Originally Posted by Miami

I have tried this at two different locations, if you finance the sporty you will not be able to take advantage of this offer.

If you financed (or finance) the Sporty and have no equity at the time of trade, you're screwed. But you can take advantage of this offer.

I financed my Sportster two years ago and I had quite a bit of equity in it based on full MSRP trade-in, enough to pay off the loan and make a substantial down payment on the FXDC.

[cybrdyke]

Originally Posted by Gary7

If you financed (or finance) the Sporty and have no equity at the time of trade, you're screwed.

OK, so I'm really stoopid, so go slow and use little words.....
If you have no equity, you're screwed? But you're turning in a used bike for a few thousand over KBB toward a new (yes, more expensive) bike. So you use the money to pay the balance of the note and the rest to put down on the BT, right? How is that being screwed?
Now, if you are still upside down on the sporty, with negative equity, then, yes...I can see that as a problem. Am I missing something??

[el jinete fantasma]

Originally Posted by Thornhammer

Wouldn't they just roll the difference into the existing financing?

Do you mean if you traded a bike you owed more than MSRP on? I imagine they would. I don't see how it would make any difference to them. They still get your money in the end. I owed less than MSRP on mine, so the difference went toward a down-payment. Several years ago I bought a new car I grew to hate after a year. I was substantially upside-down on the loan, but I didn't care. I traded it in on a car I did love. They just tacked the difference onto the loan, no sweat on them (but plenty on me).

[XLXR]

All you people are now hot on the BIG "T"?? I thought you bought the Sportster because it's what you wanted. I did.

Evidently, plenty of people feel the Fat Bob is worth the extra money. It seems to be a
lot more comfortable.

[black_n_orange_08]

Every dealership I've been to is already flooded with used two year old Sportys that they want to sell for almost as much as a new one. So aren't they gonna want to sell a one year old Sporty for new bike price? I'ts actually cheaper to buy a new bike than a couple year old one by the time you figure the difference in the intrest rates... What are they gonna do with all these bikes, melt them down and make Big Twins out of em?

[black_n_orange_08]

Originally Posted by XLXR

Evidently, plenty of people feel the Fat Bob is worth the extra money. It seems to be a
lot more comfortable.

I rode one at an open house... I loved the power, the six speed, but all in all, it didn't ride or sit any better (for me) than my 1200C... but still waaaay better than a plain ol Superglide.