A drive train for a printer is disclosed that provides and maintains a desired tension in the ribbon during transfer of the ribbon between a supply spool and a take-up spool. The drive train is configured to pre-tension the ribbon proximate the driven spool prior to driving the drive roller. During operation, the drive train provides and maintains the requisite tension in the ribbon proximate the driven spool with use of a slip-overdrive assembly. Additionally, the drive train induces a drag on the spool from which ribbon is being unwound with the use of a drag-overrun assembly.