How did you pay for your most recent Goldwing?

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  • How did you pay for your most recent Goldwing?

    I have always paid cash for my bikes, but I am curious if I am in the minority. How did you folks pay for your bike?
    125
    Paid cash (or check, no financing)
    69.60%
    87
    Financed through bank
    3.20%
    4
    Financed through credit union
    9.60%
    12
    Financed through Honda
    12.80%
    16
    Other (please specify in your post)
    4.80%
    6
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  • #2
    I could have paid cash (however) When I can use their money at 0% or 1.5% -I use theirs and paid it off in 12 months. Financed for 36 months.
    Whoever said money can’t buy happiness, never paid for a divorce


    IBA # 40576

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    • #3
      Cash, never finance toys. And I love my toys.

      SBB

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      • #4
        When the idea of owning a Wing became a must have for me, I looked around and saw that I had a boat, snowmobile, and scooter that were not getting used nearly enough. I sold them all, plus the bike I was currently riding, and turned that into the cash to buy my Wing. The added bonus was that I cleared out a ton of space in the garage, which I have since filled with my Wing, a cargo trailer, and a Bunkhouse camper.
        Ron
        2002 GL1800A Darksider #1312
        Experience is the hardest teacher because she gives the test first,
        and the lesson afterward ~ Vernon Sanders Law

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        • #5
          When I built my house in 1964 I took out a 20 year loan, and paid it off in 10 years. That was the only time I've ever borrowed money. It works for me. Be safe and enjoy the ride. Larry

          IBA #57814
          SaddleSore 1075 Miles in 24 hours (certified)
          BunBurner 1632 Miles in 36 hours (certified)
          Prowler #81
          Double Darksider # 792
          Alaska 2012 / 2014

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          • #6
            Paid cash for mine.

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            • #7
              I usually buy a clean, low mileage, used vehicles.

              My current 2006 Level 3 GW I bought 3 yrs ago off Ebay with 21,000 miles nicely 'farkled' for just under $16000. (It was a retirement gift to myself). I pulled some of my IRA money and paid the extra 10% penalty to pay cash....In fact I pulled all of my IRA money over the past 3 years to pay off toys....Nice having toys and no payment...

              2006 Titanium Level 3 'Wing with a few 'farkles. From Mesa, Az.
              My avatar is me from a recent summer ride in the Phoenix Az area:"Its a dry heat"

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              • #8
                sold my truck to get the cash.
                Iron Station, NC
                2003 GL1800A Illusion Blue
                USAF

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                • #9
                  I was able to finance mine through Honda for the .99 percent rate for 36 months.

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                  • #10
                    Finance, 1.8% through credit union. But also sold Harley and dropped that cash on the loan.
                    ...gene
                    2012 GL1800 NAVI, GWRRA 367875
                    Darkside #1511 - Bridgestone DriveGuard 195/55RV16 RFT

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                    • #11
                      Cashiers check seeing I live in CA and the bike was in Chicago.

                      Flew in rode home.

                      Can't stand making payments, Because if I croaked before the bike was paid off, that's one less headache my family wouldn't have to deal with afterwards.
                      Life is Tough, But It's Tougher If You're Stupid: "John Wayne"

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                      • #12
                        Cash only for Toys

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                        • #13
                          Generally pay cash but I financed through Honda to get a $500 discount then paid it off when first bill came in.
                          2012 Goldwing CSC Viper Trike
                          Retired MSF Instructor

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                          • #14
                            My wife initially paid for it,(cash)
                            Though it was repaid, by her taking it out in trade

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                            • #15
                              Traded in a paid for Road king that I had paid cash for and paid the difference in cash. I too am not going to finance a toy. I did it one time in the past and lost my ass on the deal when I sold it.
                              A Happy Traveler Has No Particular Destination.

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                              • #16
                                Traded in my 1300 and the rest was cash. Retirement gift to moi.
                                2013 Black F6B

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                                • #17
                                  Financed thru my Credit Union
                                  Life is all about decisions. I decided for Jesus Christ.
                                  04 All White
                                  Mich Alpin PA3
                                  Darkside #956

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                                  • #18
                                    240 crisp $100.00 bills, and I got a little change back....

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                                    • #19
                                      Traded the 2004 GL1800, plus a check for the difference. I promised myself I would never finance a bike... it is more than enough to be financing a new Jeep every so often.

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                                      • #20
                                        Cash.

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