[Monstrvtwin]

Talked to a guy who bought a Hayabusa today, i didn't ask him how much he paid for it but, he told me he had a $350 a month bike payment! I was like damn!!!:eek I wonder what was his interest rate was %30!:laughing I mean for $350 a month you can get a oil leaking Harley! The only thing i can guess is he must have financed it for 36 months.:confused

 

[Sentinel]

Or maybe he financed it for a shorter term? :confused I can't imagine buying a bike and it costing that much. :shake

 

[Derk Diggler]

What color was the bike? What did the rider look like? I know someone that just bought one and I was wondering if that was him.

 

[Akilldema]

When I first got mine the minimum payments were 275. I just paid as much as I could for the first few months and that helped a lot.

 

[Sig]

you must have had a really shitty rate or a real short pay period.

 

[Akilldema]

36 months with not much down. Plus I was younger with little credit so my rate was over 10%.

 

[G_FORCE_1000]

i can't tell ya how many busa's we sold to guys at Team Charlotte for payments over $300...to many.

 

[Sig]

G_FORCE_1000 said:
i can't tell ya how many busa's we sold to guys at Team Charlotte for payments over $300...to many.

What's the highest interest rate you've seen somebody buy a bike at?

I couldn't imagine buying one for over 10%

 

[Akilldema]

18% was pretty common at my old dealership. I think I even heard of 30% one time, for those who were really desperate:eek

 

[Sig]

18%!!!!!!!

That's crazy, that would be around 1500 in interest for the FIRST YEAR on your average sportbike. :shake

 

[Akilldema]

Yamaha cards are really popular and they can range from 18-21%. Those were extremely common at MR.