HD Financing?
Elite HDF Member
Joined: Dec 2010
Posts: 4,229
Likes: 10
From: Oklahoma
That's a good point provided the money used to buy the bike would rather be invested into something that pays a decent rate. But odds of that are very slim.
Most finance a high ticket item cause they dont have those said funds. Which might be alright in some people opinions.
Most finance a high ticket item cause they dont have those said funds. Which might be alright in some people opinions.
Last edited by mmcbeat; Nov 21, 2012 at 06:29 PM.
Outstanding HDF Member
Joined: Jun 2007
Posts: 2,796
Likes: 36
From: Toronto, Ontario
I worked for the bank, you want to know where they get the money to build their locations ? Employees, Management Bonuses, Share Holders Dividends ?.
They get it from the money they charge from people who buy things they can not afford
.
Yep, it is very Cheap interest rates, maybe like .. mmm.. lets see , 8% ? if you want to make 8% on your money you would need to make 12% in the stock market before tax. if someone offered you 8% on your money you would kiss their feet in the market.
And yet, folks beg the bank to pay him 8% , never fails, always makes me thankful I was not born into this time and culture of 'borrow today and worry tomorrow'.
They get it from the money they charge from people who buy things they can not afford
.Yep, it is very Cheap interest rates, maybe like .. mmm.. lets see , 8% ?
if you want to make 8% on your money you would need to make 12% in the stock market before tax. if someone offered you 8% on your money you would kiss their feet in the market.And yet, folks beg the bank to pay him 8% , never fails, always makes me thankful I was not born into this time and culture of 'borrow today and worry tomorrow'.
Thread
Thread Starter
Forum
Replies
Last Post
HeHateMe
General Harley Davidson Chat
27
Jan 21, 2011 03:08 PM
