Dirt bike financing

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11/9/2019 4:47 PM

So the shop up the road has a 2018 450 listed at $4,499 that doesn’t include everything as far as paperwork goes, I have a 756 credit score but I don’t have 5 grand chilling around my place either, estimated payments?

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11/9/2019 4:51 PM

Rate? Term? State for taxes? Lots of missing information. Once you figure that out, this should help: https://m.onlineloancalculator.org/

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Two wheels, tacos, and tubes

11/9/2019 4:54 PM

What ever you want to pay for how ever long you want to pay they will work with you to sell the bike.

Get them to throw in a new 600 helmet on your loan to.

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11/9/2019 4:55 PM

austin_bo wrote:

Rate? Term? State for taxes? Lots of missing information. Once you figure that out, this should help: https://m.onlineloancalculator.org/

Yea not too sure what the rate will be, I don’t want a hard pull on my credit if I won’t end up getting it

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11/9/2019 4:58 PM

austin_bo wrote:

Rate? Term? State for taxes? Lots of missing information. Once you figure that out, this should help: https://m.onlineloancalculator.org/

Jinngens wrote:

Yea not too sure what the rate will be, I don’t want a hard pull on my credit if I won’t end up getting it

A single credit check will not adversely affect your credit. But if you’re still concerned, save your money until you can pay cash... good deals will always come around.

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Two wheels, tacos, and tubes

11/9/2019 5:14 PM

https://www.yamahamotorsports.com/motorcycle/pages/yamaha-motorcycle-current-offers-finance

Rate starting at 2.99% for 36 months.
If you checked your credit score on a website such as credit karma, it will be slightly lower at the dealer.

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Thanks for your Support
BBTMX, 100%, Mobius, O'Neal, ProTaper, Yoshimura, Beck's Tech Suspension and Tuning

11/9/2019 5:16 PM

Pull the cash off a credit at 0% interest for 18 months...pay it off during that timeframe..

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11/9/2019 6:14 PM

Which credit card has a 0% cash advance for 18?

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11/9/2019 6:31 PM
Edited Date/Time: 11/9/2019 6:34 PM

newmason wrote:

Which credit card has a 0% cash advance for 18?

Ever heard of google?

My BoA always has 0 for 18 going on..

Citi has up to 21 months

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11/9/2019 6:44 PM
Edited Date/Time: 11/9/2019 6:53 PM

Never heard of a Google nor have I ever heard of being able take out your entire credit limit as 0% cash for X months, but who knows!

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11/9/2019 7:32 PM

5940 +tax and dealer fees on a 2019 rmz450, 3500 down, 755 credit score, % was higher than i wanted through synchrony bank (Suzuki) but I can pay off when I want with no penalty, 80$ a month minimum payment

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11/9/2019 9:02 PM

Luke_Richards wrote:

5940 +tax and dealer fees on a 2019 rmz450, 3500 down, 755 credit score, % was higher than i wanted through synchrony bank (Suzuki) but I can pay off when I want with no penalty, 80$ a month minimum payment

Pssshhh. $80 a month in nothing. So you don’t eat out 4-5 days a month. Easy!

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2017 RMZ450
2005 YZ250-sold :,(
1998 YZ250
2005 KX250F

80% of the time it works every time
IG @hamdaddyof2 & @2HRacing
Thanks to : Factory Effex, N2Dirt, Acerbis, DT1, Fasthouse, Matix, FMF, ASV, 100% & Mika Metals

11/12/2019 7:43 AM

The 0% introductory rate on a CC is the way to go if you don't have the funds and pay it off before the intro period ends.
Never pay interest...

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11/12/2019 8:05 AM
Edited Date/Time: 11/12/2019 8:06 AM

yamahuh wrote:

The 0% introductory rate on a CC is the way to go if you don't have the funds and pay it off before the intro period ends.
Never pay interest...

if you cant pay it off before the 0% time ends, MAKE SURE you refinance somehwere else. Onces the promo period ends, you get charged ALL of the interest from day 1. So if its a $5k bike, you're going to be around 21% interest, as soon as you end the promo period, you’re getting $1500 added to your bill. Doesnt matter if you still owe $4000, or $4.

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11/14/2019 2:17 PM

Jinngens wrote:

So the shop up the road has a 2018 450 listed at $4,499 that doesn’t include everything as far as paperwork goes, I have a 756 credit score but I don’t have 5 grand chilling around my place either, estimated payments?

When I financed my 2019 KTM 250sxf they gave me 11% with a 780 credit score. I was baffled. But for active duty military it goes down to zero percent depending on who you finance with. So that's what I did. But I walked out with the bike financed at 7499. I pay $150 a month, but with interest it would have been $197.

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11/14/2019 3:31 PM

yamahuh wrote:

The 0% introductory rate on a CC is the way to go if you don't have the funds and pay it off before the intro period ends.
Never pay interest...

You'll pay more for the bike by using a credit card. Dealers aren't supposed to charge you the vendor fees for using a card, but they certainly keep those in the back of their mind when making the best deal. If it's going to cost the dealer 2.5% for you to swipe the card, guess how much more your "best" deal suddenly becomes?

I've done transactions such as this using an access check from the card company; it avoids the terminal fee and both parties are happier.

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Braaapin' aint easy.

11/14/2019 4:00 PM

I got 0% apr for 12 months financing for a new kawi 1.5 months ago. The interest goes up to 10.99 (I think) after the 12 months is up and interest will only be on the remaining balance not retro to amount financed.. Pretty cool for Kawasaki/citi bank to do this. Makes it that much easier to get a new bike. Cheers.

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11/14/2019 4:16 PM
Edited Date/Time: 11/14/2019 4:16 PM

Save for it? Put away 100 bucks a week and you'll have your own bike finance free this time next year.

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11/14/2019 4:40 PM

In order for us to help, you need to post your social
Security number

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11/15/2019 12:15 PM

Financing a deprecating asset is playing with fire. But this is the American way.

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11/15/2019 12:20 PM

I did it, but the nagging feeling that something MIGHT break and wreak havoc stayed with me.

I would choose an older 2-stroke if you can pay that cash.

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11/15/2019 1:34 PM

newmason wrote:

Which credit card has a 0% cash advance for 18?

Brad460 wrote:

Ever heard of google?

My BoA always has 0 for 18 going on..

Citi has up to 21 months

Yep, my current CC was 0% for 24 mos. $7500 limit. 755 credit score. I thought about financing a portion of my truck using this but the savings weren't enough for me to deal with the hassle.

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11/15/2019 2:48 PM
Edited Date/Time: 11/15/2019 2:49 PM

endurox wrote:

Financing a deprecating asset is playing with fire. But this is the American way.

This is the dumbest thing I’ve ever heard stated.

SO dropping $5000 cash today for a depreciating asset is somehow smarter than paying $80 a month for the same depreciating asset?

It still cost you $5000 and it still is worth the same at the end!

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11/15/2019 3:51 PM

yamahuh wrote:

The 0% introductory rate on a CC is the way to go if you don't have the funds and pay it off before the intro period ends.
Never pay interest...

Kennyfreemoney wrote:

if you cant pay it off before the 0% time ends, MAKE SURE you refinance somehwere else. Onces the promo period ends, you get charged ALL of the interest from day 1. So if its a $5k bike, you're going to be around 21% interest, as soon as you end the promo period, you’re getting $1500 added to your bill. Doesnt matter if you still owe $4000, or $4.

Ding ding ding. Which is exactly why they offer these loss leader deals. More people end up in the position you described than don’t. If it didn’t work for the finance company, they wouldn’t do it.

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11/15/2019 3:51 PM

endurox wrote:

Financing a deprecating asset is playing with fire. But this is the American way.

kkawboy14 wrote:

This is the dumbest thing I’ve ever heard stated.

SO dropping $5000 cash today for a depreciating asset is somehow smarter than paying $80 a month for the same depreciating asset?

It still cost you $5000 and it still is worth the same at the end!

Insert facepalm emoji here.....

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11/15/2019 6:50 PM

endurox wrote:

Financing a deprecating asset is playing with fire. But this is the American way.

kkawboy14 wrote:

This is the dumbest thing I’ve ever heard stated.

SO dropping $5000 cash today for a depreciating asset is somehow smarter than paying $80 a month for the same depreciating asset?

It still cost you $5000 and it still is worth the same at the end!

jhansen510 wrote:

Insert facepalm emoji here.....

The argument you are having that if you can’t afford to pay cash for something you should not own it is different than saying you shouldn’t buy it on time because it is a depreciating asset.

I was gonna buy my wife’s grand Cherokee a couple years ago cash, they gave me the vehicle for zero percent interest, so I left my money in the bank and used their money for free!

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11/15/2019 7:30 PM

Just me, but if I could not even manage to save up $5K in life savings I don't think I would be running out to the dirt bike shop trying to find a way to make life harder. If your motor grenades you dont even have the money fix, the bike is worth $0 and you still owe the $7,000.

Nothing wrong with financing if you can afford it. You cant afford it.

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11/15/2019 7:46 PM

Preston412 wrote:

https://www.yamahamotorsports.com/motorcycle/pages/yamaha-motorcycle-current-offers-finance

Rate starting at 2.99% for 36 months.
If you checked your credit score on a website such as credit karma, it will be slightly lower at the dealer.

Mines always higher then what credit karma says

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Thank you,
Fly Racing, WPS, Dt-1, Mika Metals, Maxima, 100%, Motostuff, Factory Connection, Evs

11/15/2019 8:21 PM
Edited Date/Time: 11/16/2019 7:36 AM

endurox wrote:

Financing a deprecating asset is playing with fire. But this is the American way.

kkawboy14 wrote:

This is the dumbest thing I’ve ever heard stated.

SO dropping $5000 cash today for a depreciating asset is somehow smarter than paying $80 a month for the same depreciating asset?

It still cost you $5000 and it still is worth the same at the end!

Yeah, great advice. Save up a bunch of hard earned money, then pull it out the bank and spend it all on a dirt bike, great move grin
oh, and get no credit out of it either... if you did actually save enough to buy a bike, you might think about financing for a short term anyway.. at least you build a little credit out of it... just my opinion.

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