|
Num Posts
Sort Order
|
mciau
New User
| Posts: 21
| Joined: 01/08
Posted: 03/06/08 05:26 PM
|
|
What would be the cost if i were to purchase a bike? What would the monthly payments be like? is there something like a 0% down and 200 a month payment plan or does that have to be discused with the person who is selling you the bike? What is the insurance like?? what would be the best insurea carrier for motorcycles for females on bikes and are the payments higher considering the gender of the rider?
|
frbock
User
| Posts: 248
| Joined: 11/07
Posted: 03/06/08 05:55 PM
|
|
Payments are gender neutral, but, they are based on your FICO score. I had 7000 on a loan, and was paying $178 on a 5 year. There are loan calculators on the net that you can use.
BTW, if you can save up for the bike (make payments to a separate account before you buy the bike), you can save a fortune, and, you get to see if you can really make the payments. If you miss a payment to your prepay account.... guess what, that would have been a hit to your credit.
Insurance is a slightly different for younger people. Females have tended to get a lower rate based on accident statistics. Unless of course you are in Mass. Gender doesn't matter. Age doesn't matter. Location mostly doesn't matter. You pay based on your STEP rating.
|
scruffy
User
| Posts: 221
| Joined: 01/08
Posted: 03/06/08 11:22 PM
|
|
HI; I know that the MFG. Suzuki, Honda ,Kawazaki, have low entry financing. ) down 39-75$ a mounth. This is based on your credit score. The easy finance deal is only good for 12-24 mon. Then the interest goes up. I bought my bike for $7,200. the payments are $210.00 only cause that is what I wanted. My inerest is only 4.5%. Try to stay away from the dealer financing. The interest is sky high. Insurance is $70. every 90 days for me. You might get a better deal from your bank or credit union. On the Ins. you will just have to check around. Call several and see what the differance is. You will be amazed at the $$ difference. Girls usually get a better deal on ins. Depends on your driving score( tickets) Good luck...scruffy
|
|
|