I am thinking of trading my 2008 Sportster in for a 2009 Street Bob, my question is......When I trade up do I still have to put $2000 down again just like when I first bought the bike or no?

 

Ask your dealer, we ain't selling bikes here. Good luck on the trade though.

 

I assume you are talking about fnancing with Harley then. So it will depend on if you have that much equity in the Sporty and/or how good or bad our credit is.

 

Are you kidding me???

 

Thanks for this worthless reply

 

A friend of mine just made that trade too. Swapped his Nightster for the "Bob". I'm thinking he told me he just went in and picked the new one out, signed some papers and rode away. They gave him the "purchase" price for his Nightster trade thing.

This has been a few weeks ago, when they first started advertising the full trade in Sportster deal.

 

Go to the dealer and trade, you should not have to pay any extra, they have a new program for trading in your sporty

 

Fire,

You didn't give enough information to go by. Do you still owe on your Sportster? If so, how much? Are you financing through the dealership or elsewhere?

If you don't owe anything on your bike, then the trade will more than suffice and a downpayment won't be needed. If you owe more than the MSRP they would give you, then yes, you will probably have to put some down.

I would put some down anyway. That way the loan is smaller and the value of the bike is higher than the loan.

Too many Harley owners end up selling their bikes too soon after they get them and end up owing way more than they can sell it for.

 

The bike is only about 7-8 months old & I owe about $8000 still on the Sportster and I think MSRP is about $10,000 or so. I was just curious if they would ask for the $2000 down like when I originally bought the bike.

I am going down tomorrow, hope it all works out

 

Dealers in my area ask for a minimum of 10% down for the purchase of a new scoot. Interest rates vary based on credit score. If you have 10% equity of the trade value (MSRP) on the Sportster, then you should probably not have to put anything down. I just went through this with my dealer on Tuesday when looking at a 2009 FLSTC.

Though I never planned on trading in my Sportster, this deal just may be too good to pass up. The deal is good through the end of March so I have plenty of time to think it over.

Good luck.