that will pay off the Wife's Sporty and our 2014FLHTK. All the vehicles paid, in full, freedom!

Never, ever, ever again.... cash in hand from now on. Don't need to be a slave to pay off debt. Never, ever again.



I nearby give any Forum member above the rank of n00b, full permission to come kick my *** if I start talking about financing bikes ever again. But, he/she can bring n00bs to watch for instructional purposes.

 

It must be nice to have that much free cash. Maybe if I ever play the lottery...and win...I'll have the money too.

 

Good for you. I hope you can keep that plan. Normally if I dont have the cash then I figure I dont need it. Now my wife??? Thats another story. Thats why we keep seperate accounts

 

I never felt wealthy enough to afford a loan ... until Wife wanted this home ... there is an excuse having a loan on real estate, it will not deteriorate. There is no excuse loaning money for something that loses up to 20% of it's value as soon as it is rolled out of dealership.

 

Long story.... got cancer, recovered, got a new SuperGlide... outgrew that one, traded on a FLHTC, crashed that one, traded the wreck on a FLHTCU, traded an old Bronco for a 96 FLHR, traded that for a 2003 FLHRC.

Got cancer again, went on another round of bike buyin'

Bought the wife her Sporty, The got a deal on a dead 2004 BMW GS. (this is where the wife says, too many bikes!) then traded the FLHTCU and the 03 Road King for a brand new 2012 FLHR, didn't like it... traded it for the 2014 FLHTK.

Somewhere I got a 2000 Ural Patrol 650 (non runner) in trade for silver coins.

So, now everything's paid off and the inventory is: 2012 Sporty, 2014 FLHTK, the BMW I paid cash for, and the Ural that still doesn't run, but was purchased with zombie apocalypse coins.

Think I'm done now unless someone wants to trade me a dirt bike for that Ural

 

Congrats! My wife's bike is paid for...mine will be soon (hopefully) !

 

I own my scoot, and too happy with it to trade.

 

Congrats! Feels good not having a payment

 

If you want something NOW, and can comfortably make the monthly payment on a low interest, short term loan, financing is the way to go as opposed to denying yourself a simple pleasure in life.

I also agree that having a bike, with negative equity is NOT a good idea.
If you're buying a new bike a 20% (1/5th) down payment will give you some equity in the event that you find yourself unable to make the monthly payment and you have to sell the bike.

However, IF you cannot afford the 20% down payment, you'd better re-think the idea of purchasing the bike.

 

My last payment will be next month.