I used to be able to find info on the Ducati site about their special program that functions like a lease but I can't find it anymore. Do you know if this program was killed?
Leasing a vehicle only makes sense if it's for your business where most of the cost can be deducted from your taxable income, you need the particularly vehicle for the business, like a truck, and you can't finance the purchase for whatever reason. You will pay dearly. Leasing a motorcycle would be insane.Never understood how this program could work. The residual value of a Ducati at the end of a 2 year lease would be terrible, 2 years in is just about the worst time to try to get out from under a Ducati. Is the lease payment $600/mo, or does it require a 25% down payment? The numbers don't add up otherwise.
In general that's true - i.e. on a lease you pay the vehicle's depreciation plus a service/finance fee. Sometimes manufacturer's will provide lease incentives to sweeten the deal, move inventory, etc. Manufacturers like leases because they get the vehicle back in 2-3 years so they can sell it again. In general, for consumers, it's a way to get into a monthly payment they can't otherwise afford, at the expense of owning something after paying for it for 2-3 years. Some like the convenience of not having to deal with trading and negotiations and just accept a never-ending monthly payment. Also, be warned that end-of-lease expenses for buying tires, nicks dings mileage etc. can be costly.Thanks for the explanation. I didn't understand why everyone was talking about leasing before. Now everything became clear.