Total Motorcycle Community Forums

yeah well, everyone's different.. My dad had his goldwing for almost 15 years, and he sold it. But he wants it back now. I see your point moto but I just don't see how anyone could get tired of their bike within 2 years.
Maybe we should ask pacedawg.

ok a Goldwing is a different class of bike, a Goldwing is the closest type of bike thats simular to a car, yes, a Goldwing is one of the few bikes you can keep forever. Im just trying to get along with you guys and giving my opinion, even if you agree or not, I have been there, I made the same mistakes and people can learn from my mistakes and other bike owners I talk too agree with me. Many people get tired of owning the same bike for a long time and they keep bringing out new makes and models and its tough when ur riding an old outdated bike and everybody else is riding the new model that you would love to have. Its tough making a $400 a month payment on a bike that you got tired and bored of owning, then when the warranty runs out and you have to spend $1000 or more to get something fixed its even tougher. I think its better to pay off the new bike in 1 or 2 years and using its higher trade in value to trade it in on a new bike.

ok pumpkin. sorry you feel that way. I don't mind if everyone has a bigger/better/faster/cooler looking bike than me, if I'm ridin', I'm happy. but we should ask pacedawg if he feels that way. heck maybe he likes to keep bikes for 30 years, who knows?

I would never finance a bike. Or a car. Or anything other than a house.

People who put themselves in debt and pay a whole lot more for something they can wait a short period of time (maybe a year or two at most) is one of the most mentally challenged things I've heard of.

Stop being so impatient!

Double-post, cannot delete because SOMEBODY had to reply so quickly.

pacedawg wrote:Just a quick question for everybody. . . would you finance an $18,000 bike if the deal was $199/month @ 9.9% for the life of the loan? Lets say you have no problem with the payments but don't have the cash right now to throw down a big down payment.

Are you sure that is the promo? $18k, 199/month at 9.9%? That would work out to be like a 12 year loan and you'd be paying $12k in interest...

Maybe they are expecting a balloon payment at the end or a big downpayment. Something is not adding up there.

DieMonkeys wrote:I would never finance a bike. Or a car. Or anything other than a house.

People who put themselves in debt and pay a whole lot more for something they can wait a short period of time (maybe a year or two at most) is one of the most mentally challenged things I've heard of.

Stop being so impatient!

1 or 2 years, is probably about right... but even 1 year is way too long a wait to get my replacement bike. (yes, it has to be another brand new gixxer). i already waited for 3 years to get my 1st bike, needed a car 1st so got that one 1st.

so i just took a dive. i have a fixed APR and monthly... plus there's no penalty for paying more than minimum.

DieMonkeys wrote:I would never finance a bike. Or a car. Or anything other than a house.

People who put themselves in debt and pay a whole lot more for something they can wait a short period of time (maybe a year or two at most) is one of the most mentally challenged things I've heard of.

Stop being so impatient!

ahh, youth. i remember when i was that idealistic. i would (and have) financed cars, my expedition was purchased with help from the bank, and no, it's not something you can "save up for a year or two for"
in a way, i've also "financed" my motorcycle, in that i took out a home equity loan, where i get to write off the interest on my taxes. a very non-mentally challenged way to be impatient i suppose

Big B wrote:

DieMonkeys wrote:I would never finance a bike. Or a car. Or anything other than a house.

People who put themselves in debt and pay a whole lot more for something they can wait a short period of time (maybe a year or two at most) is one of the most mentally challenged things I've heard of.

Stop being so impatient!

ahh, youth. i remember when i was that idealistic. i would (and have) financed cars, my expedition was purchased with help from the bank, and no, it's not something you can "save up for a year or two for"
in a way, i've also "financed" my motorcycle, in that i took out a home equity loan, where i get to write off the interest on my taxes. a very non-mentally challenged way to be impatient i suppose

Yes, but how many kids do you know that can handle taking out loan after loan and not screw up their life?

Maybe in the future, when my money is secure and I'm not in school and working part time, as with most "kids" who show up here looking for help with financing.

Anyone who needs to ask is too young to know.

I took a loan out on my bike

and paid it off 3 weeks later..