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Do what the rest us of did before credit was King and we were young and broke , save some money do your homework pick up a bike in a basket or one in need of repair and get busy . Why does it always have to be about instant gratification and a new shiny toy ? There are options besides bitching about how unfair it is , you really want a bike or the status symbol ?
+1 I paid $500 for my 74flh back in 1979. It was a freakin rat bike from hell. but I loved it. seat was taped on the frame. lots of parts missing.. funny thing is it did run. I spent a lot of time working on that bike.. even to this day I miss it.
I hear you im 22 and was in the same boat but paying for your bike straight cash with no worries is the way to go makes you feel like a mack id look at a used low mile bike let some idiot take the loss driving it off the lot
thats a little harsh (idiot) i can pay cash and i don`t like buying someone elses canvas, so to me your a idiot
You are so much better off buying a used bike with cash. Let someone else take the hit on depreciation. There are lots of recent model, low mile bikes on craigslist that people can't afford to keep. Many letting them go for whatever the owe on the loan. or less.
You are so much better off buying a used bike with cash. Let someone else take the hit on depreciation. There are lots of recent model, low mile bikes on craigslist that people can't afford to keep. Many letting them go for whatever the owe on the loan. or less.
That is the truth!
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I have to say I disagree. I'm not saying borrowing money is ever a great idea, but for me, I plan on keeping my bike forever. If I want something different down the road, then I guess I will have two bikes. I bought new, never worried about how someone else treated it or what they did to it. I mod it to how I want it. To me, a new harley was worth it, and if it's only worth $1 a few years from now, that's ok too.
For the "must pay cash crowd"..
If I finance my bike at 1% (promo rate), and invest the $10k at a 2% (conservative) return instead. How does paying cash possibly make sense?
I agree.Paying cash don"t mean sh*t!! Credit properly handled will work!! I'll take my cash & invest it in something with a return.Let the return pay for the financing of the bike.To each his own.
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