Disappointed

Reply Subscribe

Thread Tools

Search this Thread

#51

01-07-2019, 12:48 AM

NORTY FLATZ

Seasoned HDF Member

Join Date: Jan 2015

Location: Sandy Eggo's North County

Posts: 14,586

Likes: 4,115

Received 5,384 Likes on 2,951 Posts

Quote:

Originally Posted by 6 gun

Well you are right but if he wants to waste his time who am I to stop him. Just to bring this thread to rest, for the black 8000.00 bike, would be 1600.00 down and 208.00 a month for 72 months = 14974 so 1600.00 + 14976.00 = 16576.00 so yeah,,,, No! I had 3000.00 saved up till my grandson almost died, and I had to spend a lot of it but I will get the money saved up and when I do I will find some one that has a Sportster and needs some money and I'll help both of us.

That's not too bad...for a 2019 Roadking, out-the-door.

Think I'm kidding?...

Reply Like

#52

01-07-2019, 12:40 PM

HiDrag

Road Captain

Join Date: Sep 2018

Location: Depends on the season

Posts: 547

Likes: 553

Received 298 Likes on 156 Posts

Quote:

Originally Posted by NORTY FLATZ

Is that 9.5% taxable?

The effective tax rate would have to be >60% to make a difference.

Last edited by HiDrag; 01-07-2019 at 12:41 PM.

Reply Like

#53

01-07-2019, 01:37 PM

upStomp

Advanced

Join Date: Jul 2018

Location: North Central Massachusetts

Posts: 97

Likes: 77

Received 36 Likes on 25 Posts

$208/month on a $6400 note for a 6 year loan??? There be dragons at this dealership.

I got similarly hilarious numbers from a dealership recently. They started "negotiations" at $2k over MSRP for a new FXFB. I stopped taking them seriously after that, but it was funny watching them move that extra $2k around the "4 Squares" and dealer charges for 45 mins. I thought that crap ended in the 90's.

Reply Like

#54

01-07-2019, 01:38 PM

dribble

Grand HDF Member

Join Date: Nov 2012

Location: Here and now

Posts: 3,749

Likes: 123

Received 457 Likes on 248 Posts

Quote:

Originally Posted by m1369x

Some one back there said , Don't finance toys , that was good advice , If you have to have it that bad , Make it a 24 or 36 month , A feu dollars more a month but a great deal less in the end

In my time I have financed several dirtbikes, a couple of street bikes, one new Harley, three boats, one Grand National one motorhome and two GTO's. In most cases I had the money to pay cash for these so called toys and in most cases that money was making more being invested than the interest I was paying on these short term loans. Or the money was tied up in IRA's and my tax liability to take a distribution would have exceeded the interest I was paying. There is not one piece of financial advice that fits every person or every scenario. I think the best advice to give is to always have a plan B.