March 25th, 2010, 12:30 PM
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#34
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CPT Falcon
Name: J.Emmett Turner
Location: Newnan, GA
Join Date: Apr 2009
Motorcycle(s): '08 CP Blue EX250J, '97 unpainted EX250F, 2nd '97 unpainted EX250F (no engine), '07 black EX250F
Posts: A lot.
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Quote:
Originally Posted by jcgirl
OK.. So the story is gonna get a little worse now... well just for me I guess. I just got a call from the insurance. it's looking like they want to write off my bike. They're giving the value of the bike at $4500, and I have a $500 deductable. Which means that I'll get a payout of about $4000. Too bad that I financed the bike in Oct. Which with taxes and registration came to about $6500. So it pretty much means that I'm not gonna have a bike, but I'll still be paying for one. But luckily the insurance is classifing this as a hit and run, so my insurance premiums on my non exsistant bike won't go up. Ever try really hard not to cry????
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Buy used with the 4K (shouldn't be too hard) and continue to make payments as usual.
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