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Alex · August 29th, 2011, 03:26 PM

The universal advice is both simple, and unerring. Don't finance a bike. Ever. Any justification for why it is a good idea is in fact a bad idea. Financing a bike you don't want to eventually be able to finance a bike that you do want is taking it to the next level.

The only possible exception would be 0% financing with zero pre-payment penalty, when one can pay off the entire note before any interest comes due. Truly any other financial arrangement in financing a bike is just a bad idea all around.

If you can save $1000, you can save $5000. If you can save $5000, why would you want to waste thousands on interest charges?

August 29th, 2011, 03:26 PM	#16
Alex ninjette.org dude Name: 1 guess :-) Location: SF Bay Area Join Date: Jun 2008 Motorcycle(s): '13 Ninja 300 (white, the fastest color!), '13 R1200RT, '14 CRF250L, '12 TT-R125LE Posts: Too much. Blog Entries: 7	The universal advice is both simple, and unerring. Don't finance a bike. Ever. Any justification for why it is a good idea is in fact a bad idea. Financing a bike you don't want to eventually be able to finance a bike that you do want is taking it to the next level. The only possible exception would be 0% financing with zero pre-payment penalty, when one can pay off the entire note before any interest comes due. Truly any other financial arrangement in financing a bike is just a bad idea all around. If you can save $1000, you can save $5000. If you can save $5000, why would you want to waste thousands on interest charges? __________________________________________________ Montgomery Street Motorcycle Club / cal24.com / crf250l.org / ninjette.org ninjette.org Terms of Service Shopping for motorcycle parts or equipment? Come here first. The friendliest Ninja 250R/300/400 forum on the internet! (especially Unregistered)