Ducati Premiere Financing / BMW Easyride
Have you ever analyzed/evaluated the “Premiere Financing” being offered by Ducati / 3asy Ride offered by BMW?
From what I understood from the website and a call to the local dealer it works like a lease, where you pay a monthly during 36/48 months and have a “ballon payment” in the end of the term IN CASE you want to keep the motorcycle. If after that period you decide to sell the bike, or trade-in for a new one, you’d follow the normal process for a trade-in/sale.
The APR is not great, doesn’t compare to the normal financing (way higher), but it makes the monthly payments quite attractive. You do have the risk of the bike’s value being below your ballon payment, specially if the bike is not in good conditions, but the same can be said for a car lease where you’d be charged for “wear and tear” at the return moment.
What do you think about this program? Anyone has experience, or know someone who had experience with it?