Two Wheel Fix - want a 600cc SS bike for a first bike?

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- - want a 600cc SS bike for a first bike? (http://www.twowheelfix.com/showthread.php?t=3287)

Quote:

Originally Posted by umairhashmi (Post 240016)

I try to avoid that but most kids who walk in looking for a 1k,busa or zx14 have already made up their minds so they dont listen so i just end up giving it to them. I think its a great way of controlling the overpopulation crisis :lol

How do these 18year old kids working at Autozone or Quick Lube afford these brand new litre bikes? When I was looking for my 1st bike it was a KLR650 dual sport and I found one for $4700 and I had $2000 cash to put down on it and they still wouldn't approve me at 23years old. But I never got a loan on anything at that point but neither have those 18-20year olds.

Only approval I got was for a brand new FZ6 with 21% interest (I laughed at that rate and walked out).

If you're only financing a few thousand, they're not making much money on interest.

Most times you're better off putting your downpayment, financing the item and then paying off a large chunk with whatever you have saved.

Quote:

Originally Posted by Smittie61984 (Post 247128)

How do these 18year old kids working at Autozone or Quick Lube afford these brand new litre bikes?

Mommy or daddy co-signs.

Quote:

Originally Posted by Homeslice (Post 247151)

Mommy or daddy co-signs.

Always. Besides these days if you have anything less than a 700 or so beacon score you are getting approved for shit. Getting a loan for a powersport's product is much harder than getting a loan for a car.