steve00ses
6/9/2006 10:31:51 AM
well i have been very happy with my new 600rr but im am getting frustrated with the payments. cause after ownin it it would have been much smarter to buy a used one. i now have 3000 miles on it..never laid or anything like that, all the stuff in my info is installed correctly and workin all good. if i was going to sell it what kinda price should i look to get u think. cause i almost like buying a crashed one and building it up, maybe even a 1000rr. i still have 11500 left on the loan..i got some extra warrenty bullshit when i got the bike(regret that now) and when i got the bike i got some cash up front from the dealer(blew that too) so thats why my loan amount is so high. Or should i just stfu and keep loving it like i am and ride the hell out of it?. keepin in mind for me to have full coverage on it its about 5000 a year. and right now im gettin away with no fault on it(knock on wood they havnt caught it yet)
thanks, steve
jjkukla
6/9/2006 11:03:46 AM
Holy $hit... still owe $11.5k AND your insurance is $5k a year!?!?!? Buddy I would hate to be in your shoes!
IMO I think you should just stick it out... you would lose your a$$ on a trade-in or a sale. But it's your bike and your budget.
And look at it this way: If you wanna jump up to a liter bike the insurance is gonna get worse before it gets better.
travisj
6/9/2006 11:14:00 AM
Have you tried state farm? Geico wanted 3k for me state farm wanted $860 full for a year. Just a thought.
sprout
6/9/2006 11:31:50 AM
You have to be 25 yrs. old, or SF is just as expensive.
CBRFREEK
6/9/2006 12:14:40 PM
Keep it...pay it off.. youre in a legally bound contract...LEGAL..u signed your name on the dotted line being of sound mind and body so until you have a title i would say grin and bear it...11,500 tho...owwch...guess ya should of looked at the fine print huh...i dont think your going to get 11,500 for it..being used and having 3k
steve00ses
6/9/2006 12:29:40 PM
i have 9 points. state farm gieco and all of them wont look at me. and i would be saving for awhile.
sprout
6/9/2006 12:30:31 PM
you could always cash that $5000 insurance in. Just kidding, don't do that, it will probably hurt, and I think that may be fraud.
steve00ses
6/9/2006 12:31:04 PM
i dunno maybe its the fiffy weather we have been having
christhek
6/9/2006 12:46:57 PM
Dude, you're going to have to keep it, as owing that much on a bike that sticker's for 8500, will kill you selling it or trading it. And upping the bike to a more expensive one will put you deeper in the whole for both payments and insurance. My insurance is only 210 a year with state farm.
Eddie1000rr
6/9/2006 1:12:36 PM
Unless I read that wrong, you were thinking about selling it, buying a crash bike and rebuilding it...If thats what you were thinkin, dont even try it. Last year I bought up 3 bikes and did that and I barely broke even on two and lost money on one of them, granted you would be keeping it, but point being...its cheeper and faster to just buy one thats in good shape.
cbr04
6/9/2006 9:01:52 PM
keep it. you're way upside down on the loan as it is. if you sell it you'll still be making payments because the bike won't fetch enough to pay off the loan. so basically you'll be paying for a bike you don't have and can't ride. keep it, make the payments, and ride the bike!
