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?
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How did you pay for your most recent Goldwing?
125Paid cash (or check, no financing)69.60%87Financed through bank3.20%4Financed through credit union9.60%12Financed through Honda12.80%16Other (please specify in your post)4.80%6GOLDWING AND F6B MAINTENANCE VIDEOS
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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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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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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...
1 Photo2006 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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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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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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