KTM's financial woes

53 inches high? 53 years old? Either seems weird.

 

welp looks like the rebates & incentives are ramping up on the 24 & 25 off road models.
Also now they are offering 0% financing on 24 models & 2.9% on 25s.

 

I searched and cannot find any announcement so far. I'll be buying one soon myself, and was hoping some might appear in April.

 

yeah I saw Munn had good pricing on the 25 te150.

I know Kawi has some blowout sales going on too right now.

 

My buddy was talking shit yesterday about buying a 450 for an ice bike if he could find one cheap... I'm like "if I find you a new KX450 for $6K you'll buy one?" "Sure" he says. Doubt he'll follow thru, but I sent him links to new '24 KX's for $5999 and a '23 GasGas EX450F for $5899

A little more discount and/or 0% financing on the '23 SDGT's and I'd be a player

 

a friend of mine scored a 2024 Honda CRF250RX with 1 hr on it, a full rekluse, & the suspension revalved for $6500. Turns out it was a guy we normally ride with that had a knee surgery go sideways and is going to be off bikes for at least a year.

 

Figured I'd follow up for posterity. KTM did come through on replacing my 890R head, cams rockers, etc. under a "goodwill" warranty. Thumbs up to Full Throttle Motorsports in Bismarck, ND for making it happen, and tech Dustin for getting it all put together right AND being smart enough to catch my home brewed PCV delete plugs split and needed to be replaced with better parts.

Also, I dropped it off in November and picked it up in March, got free winter storage.... haha

 

I bought one of the last leftover 23's SDGT's around me before new year. $14,6 before tag and taxes. Not sure how many 23's are still around. Hell of a deal if you ask me. Same as 24's yet cheaper, and 25's have a smaller gas tank which is rubbish in my book.

 

Dealer in PA had 5 of them at $13999 + 750 freight+ doc fees, I just checked and they still have 4 of them

 

Did the first "real" ride on my 950SM... no regerts!

My ass was a bit sore after 340 miles, but I don't think the seat's any worse than my F900XR's

 

Sounds like an excellent price. I would budget another $800 for Tech Pack, and about the same for a set of hard bags if you plan to carry stuff with you.

 

It's "relatively" a bargain...compared to msrp, but yeah- I want the tech pack and bags, so $18K all in. Hard for me to justify.

 

I am planning to ride as long as I physically can, but this SDGT is most likely the last new street bike I will buy. That was my justification.

 

My dealer didn't know anything about these extra 'incentives' last week. Could have given up $750.00 discount to get 2.9% financing on my '24 701 enduro purchase, but chose the discount. Price I paid was the same last month. Out the door for just a bit over MSRP.

 

its just off road models at the moment... street legal bikes don't seem to need to be incentivized but it could be market specific based on inventory. AFAIK ... the dealer I know in Reno isn't discounting anything.

 

Something good must be happening over there, because their stock has been on a pretty steep upswing for the last week. Either someone has come in with more funding, or confidence is up now that Zochling is holding Pierer accountable.

https://www.rideapart.com/news/758466/ktm-pierer-zochling-board-shares-loan/

 

It means the big crash is coming. All the insiders will sell at the high and leave the little guys licking their wounds.

 

Pump & DUMP!

 

Pretty much the whole stock market has been on a similar upswing recently, so I wouldn't read too much into it

 

Just the opposite from what I read, here are the numbers
1) 600mm due in the bank by 5/23
2) 150mm from Baja that needs paid back or converted into shares -- vote did not happen because they cannot get an handle on the books
3) 50mm due back to Remus by june of they lose or NOW if they win or convert to stock they he does not want and he is on the board
4) 300mm due by 7/31 in cash to get restarted
5) so by my math they need 1.1BN to get this ship right
6) street value sold at auction is 200mm
7) BRP just offloaded a bunch of marine businesses and they own Rotax who makes some KTM engines
8) Austria will not let this business die or leave the country

My guess the reason we have not heard anything is that the possible investors are letting the clock run out in hopes of being the highest bidder when it goes down in flames.

Why pay 800mm when you can file BK and get the whole damn thing for 200mm