What are your monthly payments looking like if you bought from the dealer?
#11
04-25-2011, 11:53 AM
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Join Date: Oct 2007
Location: Springfield, Ohio
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Paying cash doesn't hurt your credit! Negative reports on your credit hurt your credit. People say, "Bad credit is better than no credit." That is a ton of crap as well. Bad credit takes years to go away. Good credit can be had within a year.
I agree with the previous comment: This is a BIG mistake! Read "The Total Money Makeover" and you won't buy this bike.
I'm wasting my time though. The OP will buy the bike and be like the other 70% of American's living paycheck to paycheck and working into his 80s, but hey, he can brag about his good credit!
We preach to borrow money on chit we can't afford to get a high credit score so we can buy even more chit we can't afford. Stupid.
I agree with the previous comment: This is a BIG mistake! Read "The Total Money Makeover" and you won't buy this bike.
I'm wasting my time though. The OP will buy the bike and be like the other 70% of American's living paycheck to paycheck and working into his 80s, but hey, he can brag about his good credit!
We preach to borrow money on chit we can't afford to get a high credit score so we can buy even more chit we can't afford. Stupid.
when he went to buy a house....he was turned down because he never built his credit rating
#12
04-25-2011, 11:58 AM
Join Date: May 2010
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why didn't he just pay cash for the house since thats what 30% of Americans do and i guess the 70% of us are ignorant and live in houses and don't get turned down because we try build are credit
#13
04-25-2011, 11:58 AM
Your probably right or maybe wrong but if i don't make my own decision i will always be asking for what i should do and i have saved for last 3 months and have 5k saved for a down. so if i can save 5k in 3 months i think i can make a 500 dollar payment each month.
i will get my ride and finally ride with a big smile in my face not riding everyday on my honda and making it try sound like a harley. also when i ride i don't have that feeling that finally i have got what i always wanted.
i love riding is something i couldn't wait to do and i accomplished it and now i want to get my harley and i am not funded with thousands to cash it out .
plus if i can pay more then 500 monthly i will do so.
thanks and i have always been told that i spend my money on thing that are not necessary but what i have learned is my money not anyone else's if i fall in my face then i will get up and learn my lesson an try again some day
i will get my ride and finally ride with a big smile in my face not riding everyday on my honda and making it try sound like a harley. also when i ride i don't have that feeling that finally i have got what i always wanted.
i love riding is something i couldn't wait to do and i accomplished it and now i want to get my harley and i am not funded with thousands to cash it out .
plus if i can pay more then 500 monthly i will do so.
thanks and i have always been told that i spend my money on thing that are not necessary but what i have learned is my money not anyone else's if i fall in my face then i will get up and learn my lesson an try again some day
#15
04-25-2011, 12:01 PM
"I knew a guy..." LOL classic!
#18
04-25-2011, 12:06 PM
Extreme HDF Member
Find out what interest rate your dealer is going to charge you and approximately how much out the door. Go my the my calculators web site enter your down payment, interest rate and how many years. BAM!!!
teamster
teamster
#20
04-25-2011, 12:10 PM
Only the ignorant brag about a credit score. I mean an "I Love Debt Score." You can live paycheck to paycheck and have a high FICO. "Wealth isn't what you spend, it's what you don't spend."
...and I'm out of here. You can't convince a man against his will. Don't you people ever read? Try the millionaire mind or millionaire next door? Learn to budget or something.
...and I'm out of here. You can't convince a man against his will. Don't you people ever read? Try the millionaire mind or millionaire next door? Learn to budget or something.