Hey chucky I used to have a roadstar and they are great bikes. I sometimes wish I still had that bike. Your pic of your roadstar is a beautiful bike. I would dump off the f6. Get your finances in order and bye another f6 down the road. Maybe a used one in the future with low miles and let someone else take the hit of a new bike. There are many people that buy new bikes every couple of years
I think 15k and you walk away is a great deal, even more so with the '15s coming out.
Seems like to me that the dealer is giving you an incredibly good deal. It may not be as much as you want or need, but I can't imagine you getting a better deal at this time of year even from a private party. You might, but it would likely involved a LONG wait and then might not happen. Bottom line, only you know your exact circumstances.
Ride to work, work to ride
[SIGPIC][/SIGPIC]
It appears that the dealer is trying to work with you as best he can.
The deal sounds very good as you described it.
Dealer probably appreciates that you'll be a long-term customer, as long as he keeps doing the right thing by you.
#1: That $15k offer is outstanding. Run, do not walk to that dealer and close the deal. Sounds like they are in it for the long run and this kind of goodwill will come back to them.
#2: Check with your bank or other credit cards you may have and see if they offer transfer balance deals. Typically you can transfer your current credit card debt, up to your limit for 2-3% of the transferred amount then interest free for the term as long as paid in full. Typically the deals are good for 12-18 months.
The 2-3% upfront fee amounts to around 3 months worth of your current finance charges.
Only transfer the amount you can safely pay in the 12-18 months offered.
Good luck. Credit card debt is no fun but sometimes it can't be avoided.
Originally Posted by Primo
I tried to get one of those no interest for 18 months credit cards to do just that.....transfer the debt to that card and try to get it all paid off. No one would give one to me based on the high amount of debt I had. That is why I am a little nervous about tomorrow's attempt to get a motorcycle loan. But dealerships have all sorts of tricks they can use to get one financed.
Sounds like good, sound advice! I concur.
OK guys, looks like this old woman ( that's me ) is going to try to do all the paperwork tomorrow. The dealer said I can come at any time. Question now is, since my credit is at the max, will I qualify for a new loan on the Road Star. Tomorrow wil tell. Thanks for all your input. I greatly appreciate iate it.
Winter is on it's way,,, I'd hang loose til next spring before borrowing any more $ to buy a bike.
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