Dealer Wouldn't Take My Check
#81
09-21-2017, 08:36 PM
Most Harley buyers have a little money or are working hard in a good job, these things ain't cheap.
Yeah I bought a Dodge Hellcat just up the street a few weeks earlier with a check, not a problem (I'd been saving a long time).
Yeah I bought a Dodge Hellcat just up the street a few weeks earlier with a check, not a problem (I'd been saving a long time).
#82
09-21-2017, 08:41 PM
Seasoned HDF Member
#83
09-21-2017, 08:54 PM
Tourer
Interesting topic...
I'm wondering how many would take a personal check from a buyer in a private party sale on their used Harley? I don't, for me the buyer needs cash or cashier check. Why? because I don't want to get burned with a bounced check, and I don't typically know the buyer (If I did, it would be different). Why should the dealers be any different?
I'm wondering how many would take a personal check from a buyer in a private party sale on their used Harley? I don't, for me the buyer needs cash or cashier check. Why? because I don't want to get burned with a bounced check, and I don't typically know the buyer (If I did, it would be different). Why should the dealers be any different?
#84
09-21-2017, 09:05 PM
Road Warrior
I tried to pay cash, then the dealer pointed to the sign. I think it said anything over 10,000 had to be reported to the IRS. He wanted a check to save us both a headache. I always carry 1 check folded up in my wallet, I wrote it and told him it would be good in an hour.
#85
09-21-2017, 11:02 PM
Seasoned HDF Member
I'm not sure why I'm responding to this, as it's drifting off-topic . . . but
Oddly enough, I have more money than most Americans, because I've been extremely careful with it. I also have money in the market probably earning eight percent, but it is NOT guaranteed. Now if you can show me an investment where I'll earn a GUARANTEED two percent PLUS the income tax I'd pay on the interest for, say, four years (how long are bike loans? I have no idea), then I'll buy in on your logic.
If you buy a car or motorcycle using a loan, most lenders also obligate you to carry full coverage insurance. There's another several hundred dollars a year or more. I don't carry anything but high liability limits. My logic? Minor crash, little or no injuries, I'll cover it. Major crash, minor injuries, I'll say "Oh, well" and cover it. Major crash, death or major injuries, I have much bigger problems than a wrecked bike.
Guess that's why we have choices.
Oddly enough, I have more money than most Americans, because I've been extremely careful with it. I also have money in the market probably earning eight percent, but it is NOT guaranteed. Now if you can show me an investment where I'll earn a GUARANTEED two percent PLUS the income tax I'd pay on the interest for, say, four years (how long are bike loans? I have no idea), then I'll buy in on your logic.
If you buy a car or motorcycle using a loan, most lenders also obligate you to carry full coverage insurance. There's another several hundred dollars a year or more. I don't carry anything but high liability limits. My logic? Minor crash, little or no injuries, I'll cover it. Major crash, minor injuries, I'll say "Oh, well" and cover it. Major crash, death or major injuries, I have much bigger problems than a wrecked bike.
Guess that's why we have choices.
#86
09-22-2017, 01:45 AM
#87
09-22-2017, 03:43 AM
Road Captain
This year, after a health scare, I decided that I probably wasn't going to live forever, and bought two new Harleys. It didn't put a dent in my savings . . . Depreciation? If you're owning Harleys, you can't be too concerned about that . . .
OK, so NOW I'm being slightly LESS careful with my money
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#88
09-22-2017, 05:19 AM
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#90
09-22-2017, 06:00 AM
Supporter
