edit
See if your local HD shop will sell it on consignment. Either way, its gonna hit your pocket unless you find a way to make the cash to keep it. As a teacher your summers are free. Well, a couple months anyway. Use that to make some extra cash and sock it away so each month you can make the payment.
It is true. IF you learn to ride, you won't want to let that bike go.
It is true. IF you learn to ride, you won't want to let that bike go.
First: Don't ever get engaged again. Trust me, I have been engaged twice. (If anyone is looking for some diamond rings, let me know).
Second: It's a blessing in disguise. This moron of an ex-fiance probably had you on lock-down all the time with limited freedom. Now, the lord is saying, 'Hey, the moron is gone and now you got the ultimate symbol of freedom! Now get on that bike and go be free!'
Go Be Free!!
Second: It's a blessing in disguise. This moron of an ex-fiance probably had you on lock-down all the time with limited freedom. Now, the lord is saying, 'Hey, the moron is gone and now you got the ultimate symbol of freedom! Now get on that bike and go be free!'
Go Be Free!!
Lady I know had the same thing happen last year, but it was even worse for her as the bike was a more expensive model, and she owed over $14,000 on a 2006 model.
Like others have said, it's a hard 'lesson learned', and there is a very good chance that you will take a pretty hefty financial hit before all is said and done.
I would not recommend defaulting on the bank loan, as that will not have a favorable impact on your credit rating.
Unless you want to keep the bike (which apparently you don't) the only way to sell the Sportster quickly is to lower the asking price. If you can't sell it for enough to cover the amount you owe the bank you will need to pay the difference 'out of pocket', but you are already paying 'out of pocket' to make required monthly payments.
Just consider it a lesson learned, and at least you got out of a relationship which probably would have caused you a lot more grief over the long run.
Like others have said, it's a hard 'lesson learned', and there is a very good chance that you will take a pretty hefty financial hit before all is said and done.
I would not recommend defaulting on the bank loan, as that will not have a favorable impact on your credit rating.
Unless you want to keep the bike (which apparently you don't) the only way to sell the Sportster quickly is to lower the asking price. If you can't sell it for enough to cover the amount you owe the bank you will need to pay the difference 'out of pocket', but you are already paying 'out of pocket' to make required monthly payments.
Just consider it a lesson learned, and at least you got out of a relationship which probably would have caused you a lot more grief over the long run.
Drop price and try listing on Craig's List or eBay...
but best option is to spend the $150 - $200 and learn to ride at the MSF Course.
Once you've ridden, you'll find a way to come up with the monthly $$$.
but best option is to spend the $150 - $200 and learn to ride at the MSF Course.
Once you've ridden, you'll find a way to come up with the monthly $$$.
I had a friend who lost his job 6 months after purchasing a Harley. He could not make the payments anymore, so he took it to a Harley dealership. He told them his story and they gave him $400 cash over what he owed and sent him on his way. Might be worth a try.
Thread
Thread Starter
Forum
Replies
Last Post
07fat_boy
General Harley Davidson Chat
22
Sep 4, 2009 06:17 AM



)