I have no payment on my bike. I refinanced my car for the extra 3,000 bucks by having my mom sell my car to me! That way i pay $179/mo for my car and my bike.....saves a ton on interest ( 9% )!!!!! I also now can decide wether or not i want full coverage on my bike whenever I get done fixing it .
I still owe "the man." My payments are pretty small only $206 per month. When I can I pay extra. Last month was $618 and this month should be $1206.00. I want to pay it off as soon as I can, therefore the interest can't accumulate.
Hey Kiddo,here's a suggestion for a question: Find out who's gonna use their bikes for their vacation trip this summer and where they are going to ride to!!??
Miss "seeing" ya and TJ and the ol'gang in the chat room,jus' not the same......
Nope, not now anyways. I try to pay for my toys, cars included, using either home equity or 401K loans. That way I either get tax savings or pay myself the interest. I generally try to pay myself back in a year or 2.