I am invisible so i guess i have to pay cash for a harley no bank or hd would f with me and my co-signer has low credit. **** sucks when your young and got no credit

 

A lot of people here will tell you your better off paying cash.
Good for you if you can!

 

before i can pay cash i have to wait 6 more months damn sucks

 

It's not.

(climbs up on soapbox)

You're much better off paying cash for ANY vehicle. Yes, sometimes that means waiting or driving vehicles for which others have paid depreciation but that's actually a good thing. I'm 58 years old and I've used credit to by two vehicles in my lifetime, neither was worth much when I finished paying for them.

Lenders, dealers and others who stand to profit from their relationship with you will tell you "You deserve this motorcycle, (car, tv, whatever,) right now! Don't Wait! You DESERVE IT!"

But that's not true. They're telling you a lie you want to believe, the easiest sale in the history of mankind. You deserve whatever you can afford right now with the cash in your pocket... The whole reason our country is in the shape it's currently in is that far too many people believed the lie and signed on the dotted line. That's it.


(climbing down from soapbox) Good luck...

 

Hey Black same thing I said before I am your age and know how ya feel. It took me 4 months to save up the money to get my bike and that was working both a full and part time job which I did only for the bike. Just keep saving and soon you will get your dream bike and be posting about your rides not loans. Good luck bud.

 

For the "must pay cash crowd"..
If I finance my bike at 1% (promo rate), and invest the $10k at a 2% (conservative) return instead. How does paying cash possibly make sense?

 

You are so much better off buying a used bike with cash. Let someone else take the hit on depreciation. There are lots of recent model, low mile bikes on craigslist that people can't afford to keep. Many letting them go for whatever the owe on the loan. or less.

 

The OP can't get any loan much less that reserved for those with only the best credit rating. Besides, you take a big hit on depreciation with any new vehicle.

Of course, if you can get that loan and want new, it makes financial sense to do so. I have a 0% loan on one of my vehicles. That's free money!

 

Because they tack on a premium to the price of the vehicle (of course they don't tell you this) to give you a low rate.

 

I feel your pain ....
Took me a full year of peddling blue&clears to my high school buddies to save up $1600 for my first Sporty chopper.

Sorry LEOs, you'll have to dig back to 1979 if you want to pursue this.