$15K OTD for R7 ‘22 Aniv ed

BannedR7 · 2022-08-01T22:10:24-0400

I live in Colorado and I wanted to look for an R7. Preferably Black but the 60th Anniversary Edition was the only one they had. I’m downing 1000. Monthly payments would be 260 for 60 months which comes to 15600. Is it because of inflation or is it because the dealers are playing with me?

Twiztidr7 · 2022-08-01T22:43:02-0400

The 15,6 is what you pay over the life of the loan, which is with interest in that monthly payment.

Without seeing how the deal breaks down, I can't tell you if you are over paying. Could be they are doing a dealer mark up due to supply/demand, could be your interest rate.

I'm here in Colorado also, which dealer are you talking to? I got mine through GForce, and they are marking up bikes right now.

BannedR7 · 2022-08-01T22:49:25-0400

I see, I am talking to GForce. Thank you for the info.

Twiztidr7 · 2022-08-01T23:09:02-0400

So I looked at my paperwork, after all the taxes, dealer fees at 2029, which is were they are getting the mark up, I was out the door 12,247.04.

Unless your interest rate is crazy high. Not sure where the 15600 is coming from. 🤔

Are they saying that is your cost out the door or what the total cost of the loan when the final payment is made?

Mine was the 60th as well.

BannedR7 · 2022-08-01T23:13:02-0400

That is very interesting. My interest is 6.34. That is very interesting indeed

BannedR7 · 2022-08-01T23:13:42-0400

When did you buy your R7?

Twiztidr7 · 2022-08-01T23:17:02-0400

Mine was 5.99

I got mine back in March and then got rid of it in june, I know we are in peak riding season, but that seems really high still on the price.

BannedR7 · 2022-08-01T23:18:11-0400

I have been in contact with them through text. They‘ve only told me my interest rate, monthly payment, and the term which is 6.34, 260 for 60 months

Twiztidr7 · 2022-08-01T23:35:06-0400

I woukd ask them to break it down for you, also Ask to speak with Zak Ball, he helped me on both that one and the one I traded it in for great guy. If not I know a guy at Vickery you can talk to. At 15.6 I would walk away.

BannedR7 · 2022-08-01T23:40:43-0400

Thank you for the info. I very much appreciate it! I will definitely ask them to break it down! Very lucky to get someone from the same state to talk about this with!

Twiztidr7 · 2022-08-01T23:42:17-0400

Anytime man. Just don't want to see people overpay on shit.

R7mark2003 · 2022-08-02T22:45:24-0400

Was able to get mines for 10,500 something finaced with a trade in of a ninja 400 2022, they really get you with the gap insurance and the dealer marketship.

Grouch619 · 2022-08-04T21:07:15-0400

Yeah 15K is crazy. I got mine in CA for 0 down and it was about 12.5 OTD.

Twiztidr7 · 2022-08-09T22:23:50-0400

Have you had any luck.

GnarDoggs · 2022-08-11T01:46:16-0400

Got mine in Ca, San Jose $2k down and 10k out the door

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$15K OTD for R7 ‘22 Aniv ed

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