I use a dealership because they have motorcycles.

HDFS financing for me was 15.9%. I am with my own financing at 5.

 

I hear ya on that one.

When I sold my F150 I had it on craigslist for awhile. It was lifted and had tons of stuff on it (because I can't learn my lesson and leave things be). I was asking high retail for it. So I lowered the price and said I'll take a Jeep Grand Cherokee on partial trade. Now I'm asking $24k for the truck. This guy emails me and says he has a Jeep. Interested in trading. I say ok, what do you want out of the Jeep? He says "well you said you wanna trade". I said your jeep is worth about $8000. He says "well what's your truck worth?" I said "the asking price of $24,000!" He says "well you said you wanted to trade". SMH. I could go on and on about craigslist idiots.

You should have told him that the track officials made you remove the kickstand for racing.

 

It's all well & good, sell your bike outright today find the exact bike you want with cash in hand & ride off happy. unfortunately in the real world selling a bike alone is difficult, what if you let some one test drive it & they drop it, you get several people kicking tires telling you your bike is worth only half of what your asking for it ect ect. Three months later you take close to what the dealer was willing to give you & the bike you wanted is gone. There will always be another bike the question is when & where meanwhile you don't have a bike to ride what is that worth to you. Are you willing to travel to buy one. there are always cost involved, How much is your time worth looking for a bike, going to look @ bikes to find a good deal. Know what your bike is worth retail & wholesale, know what the bike you want to buy is worth. Work from there, the real trick is knowing a good deal when you find it & jumping on it. That's pretty easy with all the information available. Do your homework & know exactly what you want. I thought I wanted a touring bike so I rented one from Harley & rode it 893 miles in about 27 hrs, That sold Me so I bought one, I had cash in hand & spent 3 months to find the one I bought, Funny thing is the local dealer had exactly what I wanted but by the time I figured it all out someone had put a deposit on it & their financing worked out or I would have bought it. I would have paid more but spent a lot less time traveling & looking. Keep in mind depending on the state you live in when you trade you do not pay sales tax on your trade value. In the end the bottom line is all that matters. You can pencil whip anything but in real dollars interest included what did it cost you to trade bikes & most important are you Happy with your new ride. If you didn't spend butt loads of time & you're Happy even giving up a few dollars it will be okay. One thing to keep in mind when you trade your bike to the dealer they have to run it thru their shop & stand behind it if it has a problem when they sell it.


cheers Bob

 

I think I'm going to jump on this. It's not an impulse buy I wanted a street glide from the start. In a position now where I can pull the trigger as I wasn't before. I will already have positive equity in the bike when I ride it off the lot. So I see it as a win win.

 

the one thing that i haven't seen addressed is the math.

new bike for 15988,
minus trade 6500
selling price 9488

otd 14500

leaving you with 5012 for taxes and licensing. they've got to be charging you for something else, even at 10% you should't be spending more than 1000 on taxes, that leaves 4 grand for something else.

or is your sporty still financed?

 

14500 is the amount of the new loan with the negative equity of $3400 in the 14500

 

??? Your for sale thread says you owe $9600 on the sportster

 

I'm guessing he still owes money on the sporty. getting deeper in debt is not my recommendation. as far as "is this a good deal?". in my zip - retail on a 2010 FLHX is about 15950 and that is with a 96 (who did the 103 work - '10 SGs came with 96 engine)? trade on a 14 883 super low is 5550. all in all, numbers aren't bad. would like to know who did the 96 to 103 conversion... dealer?

 

negative equity.... owes more than the bike is worth..... when all is said and done, that is one expensive sporty...

 

you kind of alluded to that, but didn't really come out and say it. i can't say that i've never done anything stupid financially, but it would be a better idea to ride the sportster for a couple more years, then buy a sg when you're not so upside down.