Well, without riding the new bike or knowing anything about is current bike I don't think it is worth the added money. The math says $37,800 when said and done so it doesn't sound like he is getting much for his. I guess if he has the money and thinks it is worth it but not a deal I would do, sounds to high

 

Deal? Holy Crap, that isn't any kind of deal.
84 months of 450 per month payments is $37,800
Your friends example of “5 dollars extra per month”, is a hook that many dealers use.
Dealers love the kind of buyer that is just looking at the monthly payment.

I am guessing he is upside down on his current loan, and that amount is being added to the new loan.
If he takes that deal, he will be even more upside down on the next loan.

 

84 Months - - That is way long for a "luxury" purchase. Comes out to 37,800 when done. Way too much, IMO. Not a good deal.

 

If the radio plays into his thinking when it comes buying a motorcycle your friend is an idiot. I won't even comment on the " deal " ... seriously...

 

That's no deal. I hate seeing people get in deep financial trouble over this non-necessary stuff. Talk him out of it.

 

 

Live & Learn

 

It's crazy to finance that much for that long for a toy. He has to be upside down with his current bike, same for the new one. Oh well.

 

Not a deal!