My buddy bought a brand new yz450f or whatever when they first came out on a yamaha credit card deal. He still owes like 6k on a bike worth maybe half. I don’t understand how people get themselves into these situations.
yea the more I thought about it and seeing these posts, I’m gonna hold off on buying a brand new bike (at least for now). I didn’t see the other thread about financing or I wouldnt have made this thread…my bad.
.dot.
Dont do it, just buy used. I was dumb and went with the financing and this day I owe the same amount on my bike as the day I bough it. So its like I rented it for the past 2 years. Also if you miss a payment or if your late your intrest rate jumps up because you broke the agreement for the montly. My 2 year deal is almost up and im looking to refinance. Ill probably be paying 300+ a month just to get the balance down after refinancing
Moral is don’t do it
^ live and learn :tup:
Consensus is those manufacturer’s financing “deals” are for chumps. If you’re careful and look around you can definitely find something nice on the used market.