Posted: Thu Oct 19, 2006 2:38 pm
you have a lot of life left to ride... you dont want to get a bike taken away because you couldnt make payments... so wait it out.
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That bike should work well when you have about a foot of snow on the ground up there in Portland.Kyinal wrote:I think my passions are getting the best of me, and I need a few opinions.
I started riding over the summer, riding a 1988 Honda CBR-600 Hurricane. Not the best learning bike, but I couldn't find a running Ninja-250 or 500 in my price bracket ($1000) even after 2 months of looking. I've got about 5,000 miles behind me on it, but now I have major problems, blown fork seals ect, and parts are no longer made for it...it's really reached the end of it's serviceable life. I can't really ride it, and I don't want to put money into it to fix it.
I just switched jobs, and I'm a college student. When I went in to see if I could finance, I pretty much got laughed out the door at 2 dealerships.
I do have one asset, a 2006 Suzuki Aerio I bought to commute to my old job, which I was laid off from...not a cool car, but reliable transport with a good warranty.
Now though, I don't need to commute to work in a car, I live downtown in Portland Oregon, and work there as well. I want to sell my car, buy a bike, preferably new so I have a warranty, a cheap used car, and pocket the leftovers....but, this doesn't -seem- sensible, in fact, it's bad financial planning.
But, the alternative is no bike, and the withdrawl is rather unbearable.
So, am I insane for even considering that?
Oregon, not Maine.Bubba wrote:That bike should work well when you have about a foot of snow on the ground up there in Portland.Kyinal wrote:I think my passions are getting the best of me, and I need a few opinions.
I started riding over the summer, riding a 1988 Honda CBR-600 Hurricane. Not the best learning bike, but I couldn't find a running Ninja-250 or 500 in my price bracket ($1000) even after 2 months of looking. I've got about 5,000 miles behind me on it, but now I have major problems, blown fork seals ect, and parts are no longer made for it...it's really reached the end of it's serviceable life. I can't really ride it, and I don't want to put money into it to fix it.
I just switched jobs, and I'm a college student. When I went in to see if I could finance, I pretty much got laughed out the door at 2 dealerships.
I do have one asset, a 2006 Suzuki Aerio I bought to commute to my old job, which I was laid off from...not a cool car, but reliable transport with a good warranty.
Now though, I don't need to commute to work in a car, I live downtown in Portland Oregon, and work there as well. I want to sell my car, buy a bike, preferably new so I have a warranty, a cheap used car, and pocket the leftovers....but, this doesn't -seem- sensible, in fact, it's bad financial planning.
But, the alternative is no bike, and the withdrawl is rather unbearable.
So, am I insane for even considering that?
This is a belated response, but may be useful for others.Kyinal wrote:1988 CBR600 Hurricane... I've got about 5,000 miles behind me on it, but now I have major problems, blown fork seals ect, and parts are no longer made for it...it's really reached the end of it's serviceable life. I can't really ride it, and I don't want to put money into it to fix it.
Man, that's great news!! So, according to you, since I am the registered owner, the bank (or credit union, or finance company, etc.) can't take the bike, even if I stop paying for it? I am going to stop paying for my house, my car, my bike, and my boat. They are all registered to me, so there's nothing they can do about it. Hahahahahahhahahahaha.MotoF150 wrote:If the bike is registered in your name and you have 20 co-signers on the loan, it doesn't matter who pays for it, the name the bike is registered to is the legal owner and nobody else can take that bike away from the owner even if someone else pays for it, ....