Ca$h Money

 

Ditto

Need to keep some Back Up Cash in the Bank ...

Credit Union is 3 3/4 % annual - no fees and the interest is tax deductible (secured to my home)

 

Cash for both of mine.
Each time I got one, a decent truck or car cost the same as the bike.

I had one guy say I could have gotten a truck. I told him if I wanted a truck, I would have gotten one.

The first HDs cost slightly more than the Model-T at the time. So they are still in the same range cost wise.

 

Seven HD's in the garage. Paid cash for all. Except the last two a 12 Night Rod Special and 12 Road Glide Custom which I traded a Viper for.

Never finance a luxury item.

 

Cash.

Michael

 

never bought new, always paid cash.. i tried to buy a new bike twice. had all but $3k for a new Softail,they wouldn't finance because i had just got a job, then i had all but $300 for a new, year old model Buell at the same dealer, they wouldn't budge on the price.

 

Financed. I see nothing wrong in doing so if you're responsible enough to know how to handle your finances and to know if you can afford it or not.

 

Have owned over 20 Motorcycles half new half used,paid cash for all but 1!

 

Cash! There's no way I'm giving the finance company or the banks any money!

They're almost as bad as the government. Some even think they're worse.

 

I pay cash for all my toys.
The only things I have ever financed are the houses I've lived in.
Things cost much less in the long run when paid for in cash when purchased. But that said, I don't think there is anything wrong with financing a bike, and I certainly don't think any less of anyone who does.

In would guess that if the costs of riding and repairing a POS bike was close to the cost of the finance charges and depreciation on a new bike . . . well then . . . I'd have to say that it's definitely time to finance!