Comments on: Stimulate the Economy – Buy a Motorcycle http://thekneeslider.com/archives/2009/02/10/stimulate-the-economy-buy-a-motorcycle/ Motorcycle News for Positive People Fri, 25 May 2012 20:50:48 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: DRock http://thekneeslider.com/archives/2009/02/10/stimulate-the-economy-buy-a-motorcycle/#comment-208697 DRock Wed, 11 Feb 2009 15:55:14 +0000 http://thekneeslider.com/?p=4397#comment-208697 The reality is manufactures' "deals" right now are pitiful and and trying to find financing below 11% to buy a new motorcycle is infuriating considering banks are getting that money at near 0% from the Fed. Like mxs said - Cash is king and unless you can walk into a dealership with a suitcase full of cash you're just going to get hosed if you buy new. Buying a used bike or anything for that matter doesn't necessary help the economy. If someone is selling their motorcycle in the dead of winter chances are the money they receive from the used bike's sale is not going to be used to purchase a shiny brand new motorcycle but pay their mortgage, credit card or food bills. hate to be all doom and gloom but that's where we're at The reality is manufactures’ “deals” right now are pitiful and and trying to find financing below 11% to buy a new motorcycle is infuriating considering banks are getting that money at near 0% from the Fed.

Like mxs said – Cash is king and unless you can walk into a dealership with a suitcase full of cash you’re just going to get hosed if you buy new.

Buying a used bike or anything for that matter doesn’t necessary help the economy. If someone is selling their motorcycle in the dead of winter chances are the money they receive from the used bike’s sale is not going to be used to purchase a shiny brand new motorcycle but pay their mortgage, credit card or food bills.

hate to be all doom and gloom but that’s where we’re at

]]> By: mxs http://thekneeslider.com/archives/2009/02/10/stimulate-the-economy-buy-a-motorcycle/#comment-208660 mxs Wed, 11 Feb 2009 14:30:31 +0000 http://thekneeslider.com/?p=4397#comment-208660 Not many deals available up here in Canada. Basically, the only time you are looking at a good deal is if you walk in with a handful of cash which most people do not have these days. If you go for financing, forget about 0%, it doesn't exist these days, unless you don't mind 24 or 36 months duration, which again most people do, or yo are willing to buy a demo or model they have trouble selling ...... Bank prime rate is down, but the dealers will be asking you to pay 7% over 5 years on a new model ..... hard to get warm to deals of this kind. Not many deals available up here in Canada. Basically, the only time you are looking at a good deal is if you walk in with a handful of cash which most people do not have these days. If you go for financing, forget about 0%, it doesn’t exist these days, unless you don’t mind 24 or 36 months duration, which again most people do, or yo are willing to buy a demo or model they have trouble selling ……

Bank prime rate is down, but the dealers will be asking you to pay 7% over 5 years on a new model ….. hard to get warm to deals of this kind.

]]> By: Azzy http://thekneeslider.com/archives/2009/02/10/stimulate-the-economy-buy-a-motorcycle/#comment-208630 Azzy Wed, 11 Feb 2009 12:50:48 +0000 http://thekneeslider.com/?p=4397#comment-208630 I think jeff has the ticket. I would suggest stimulating the local economy by buying used. No tax dollars to feed the fat cats who just want more and more every day. But theat neighbor on ebay, craigslist or the table in the driveway this spring? Find a tool or 2, find a part, whatever. Someone selling off a few bits to raise a couple bucks could use a bit of income, and if you have a bit of outgo to spare, why not? I think jeff has the ticket. I would suggest stimulating the local economy by buying used. No tax dollars to feed the fat cats who just want more and more every day.

But theat neighbor on ebay, craigslist or the table in the driveway this spring? Find a tool or 2, find a part, whatever. Someone selling off a few bits to raise a couple bucks could use a bit of income, and if you have a bit of outgo to spare, why not?

]]> By: Phoebe http://thekneeslider.com/archives/2009/02/10/stimulate-the-economy-buy-a-motorcycle/#comment-208504 Phoebe Wed, 11 Feb 2009 00:11:11 +0000 http://thekneeslider.com/?p=4397#comment-208504 Come on, Walt...just three more and you have one for every day of the week ;-) Come on, Walt…just three more and you have one for every day of the week ;-)

]]> By: Walt http://thekneeslider.com/archives/2009/02/10/stimulate-the-economy-buy-a-motorcycle/#comment-208490 Walt Tue, 10 Feb 2009 22:45:53 +0000 http://thekneeslider.com/?p=4397#comment-208490 Paul, I have to agree about the drumbeat of bad economic news. I've had it. All January we got daily blasts about layoffs here there and everywhere. Then two days ago it's the wrapup: "More layoffs in January than since (you name it)!" No kidding. We sorta got that. The constant breathless repetition makes me want to crawl under a blanket. I guess that's the problem, but frankly it's me against the world. I'm hanging on to my bucks, because in a year or two I plan to retire. And four bikes is enough. Paul, I have to agree about the drumbeat of bad economic news. I’ve had it. All January we got daily blasts about layoffs here there and everywhere. Then two days ago it’s the wrapup: “More layoffs in January than since (you name it)!” No kidding. We sorta got that.

The constant breathless repetition makes me want to crawl under a blanket. I guess that’s the problem, but frankly it’s me against the world. I’m hanging on to my bucks, because in a year or two I plan to retire. And four bikes is enough.

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