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Discussion Starter #1 (Edited)
FOR THOSE OF US NOT FORTUNATE ENOUGH TO PAY CASH


SL price----- 27,100 out the door from local dealer (Tax Title Tag included )


I just sold my Can Am Spyder for 8k
I have 2k saved
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10 k down for deposit


27,100 price
10k down
-------------
$17,100 I need to finance


We found a credit union that will give us 2% interest for 5 years

Our payment will be $299.00 a month !!!!!!!
our insurance quote is 86.00 a month !!!! (Quote with the fake VIN in the other thread)
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Total payment per month including insurance with 10k down is $385.00 for 5 years ........



This price does not included the 1k I still need to come up with for the extended 3 yr warranty from Chris (a site sponsor here and you will not find a better deal THANKS CHRIS).
 

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or retired on fixed incomes. Sure I could pay cash but gotta keep a nice reserve in the nest egg.
 

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others, like myself...are young and not the best at saving money but have the need to own the coolest shit. besides, cant build credit if you pay for everything in cash.
My mantra exactly.
 

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BUT,
If you pay for everything in cash, you don't need credit.
You can sleep better at night knowing what you have is actually.....YOURS
I sleep very well at night knowing the roof over my head belongs to ME, and me alone.
A bank can never touch anything i have.
I will keep my 0 credit rating for peace of mind, LOL
 

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Another way to look at this "paying cash for it".

I DO NOT WANT TO KEEP IT.

Next year I will trade it for something else. I will gladly pay 12 of the payments till its time to buy something new. Then trade or sell it. This isnt an investment. Its a toy.
 

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FOR THOSE OF US NOT FORTUNATE ENOUGH TO PAY CASH


SL price----- 27,100 out the door from local dealer (Tax Title Tag included )


I just sold my Can Am Spyder for 8k
I have 2k saved
--------------------------------------
10 k down for deposit


27,100 price
10k down
-------------
$17,100 I need to finance


We found a credit union that will give us 2% interest for 5 years

Our payment will be $299.00 a month !!!!!!!
our insurance quote is 86.00 a month !!!! (Quote with the fake VIN in the other thread)
---------------------------------------------------
Total payment per month including insurance with 10k down is $385.00 for 5 years ........



This price does not included the 1k I still need to come up with for the extended 3 yr warranty from Chris (a site sponsor here and you will not find a better deal THANKS CHRIS).
That's what I call an investment! Just remember when you do pull the trigger...NO REGRETS!
Well at least the value will stay high if you end up not liking it.
 

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BUT,
If you pay for everything in cash, you don't need credit.
You can sleep better at night knowing what you have is actually.....YOURS
I sleep very well at night knowing the roof over my head belongs to ME, and me alone.
A bank can never touch anything i have.
I will keep my 0 credit rating for peace of mind, LOL
If every U.S. citizen practiced this, the economy that we all enjoy so much would literally collapse. However, congrats achieving that status.
 
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