What are the details

[Mahaflac]

BRP is advertising the 2017’s for as low as $199. Anyone know the specifics. I would love to figure out working a deal on a 2017.

[Schlic]

BRP is advertising the 2017’s for as low as $199. Anyone know the specifics. I would love to figure out working a deal on a 2017.

I'll take 5 at that price..... Would definitely need a bigger garage!!

[crazycanuck]

BRP is advertising the 2017’s for as low as $199. Anyone know the specifics. I would love to figure out working a deal on a 2017.

I am assuming that's $19,999

where are you seeing this?

[Bob Denman]

I'll take 5 at that price..... Would definitely need a bigger garage!!

I'd probably take a couple of them also...
Which colors are you getting??

[Arion]

This information is taken from the can-am.brp.com web site. 2017 Spyder F3 are being advertised from $16,999, starting at $199 per month for tier A and B customers. The amount financed is $14,789 plus a down payment is $2210. Payments are for 84 months (seven years) at $194.75 per month at an interest rate of 2.9%.

Simple calculations indicate the total price of a 2017 F3 would be about $18570 (84 payments times $194.75 = $16,359 plus down payment of $2210). Add to that tax, title, license, and the cost of insurance required by the lender.

I'm not a pro on deprecation but my concern would be deciding to sell or trade in the F3 before the loan is paid and finding myself "upside down" or "under water" owing more to the lender than the machine is worth. Just a thought mostly because it seems the proverbial "free lunch" is pretty rare.

[ARtraveler]

Financing anything "long term" (here 84 months) in order to get a lower monthly payment (here $199) is the wrong way to look at financing.

Under those terms you are going to be upside down for a very long time on that loan. Better get good GAP insurance if you do that one. Also would suggest an aftermarket warranty such as BEST. Seven years payments is a long, long, time on a toy. And you are starting with a machine that has a 25% or so, first year depreciation hit because its "last years" model.

I would think long and hard about the offer. Not me.

[crazycanuck]

This information is taken from the can-am.brp.com web site. 2017 Spyder F3 are being advertised from $16,999, starting at $199 per month for tier A and B customers. The amount financed is $14,789 plus a down payment is $2210. Payments are for 84 months (seven years) at $194.75 per month at an interest rate of 2.9%.

Simple calculations indicate the total price of a 2017 F3 would be about $18570 (84 payments times $194.75 = $16,359 plus down payment of $2210). Add to that tax, title, license, and the cost of insurance required by the lender.

I'm not a pro on deprecation but my concern would be deciding to sell or trade in the F3 before the loan is paid and finding myself "upside down" or "under water" owing more to the lender than the machine is worth. Just a thought mostly because it seems the proverbial "free lunch" is pretty rare.

nothing on RT's?

I know Sheffield financial who BRP uses is offering 0% on a 60 month loan on non current models but you get no rebates

[Bob Denman]

84 Months of financing?!?

I don't even buy green bananas any more...

[DJFaninTN]

my neighbor is the GM of the Ford Dealership here. he said don't be surprised when they begin offering 96 month payments

he said they financed one a few weeks ago and their credit was in the dump. people were happy with a 18.5% interest rate ....

[Bob Denman]

my neighbor is the GM of the Ford Dealership here. he said don't be surprised when they begin offering 96 month payments

he said they financed one a few weeks ago and their credit was in the dump. people were happy with a 18.5% interest rate ....

18.5%
Folks with credit like that should be given bus schedules.

[Scotts8826]

My first used car loan coming out of college in 1981 was 18%. Two years later interest rates were dropping and I got a new Ranger pickup for 9.9%. My first house in 1988 was 11%. People under 40 have little concept of what interest rates can really do.