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how do you guys afford your bikes.now i kno for some it as easy as your out of school and have your steady job so its really no prob (actualy seeing some kids in high school on her that say they have bikes?).im a college student and have been saving up for about 2 years now.last year i had to buy my car so i only had only 1000 at the start of this summer from my savings torward a bike.by the end of this summer ill have about 3000.it seems like i just have to keep pushin my date back to when ill be able to get one(now im lookin torwards dec and 05 jan when the prices drop a lil cuz of winter).i just estimated how much my gear would cost and figure ill spend around 2000 on gear so that 3 is now back down to 1 not includin tax and insurance.i was workin 2 jobs at the beggining of this summer but had to quit one cuz i wasnt getting the hours i wanted cuz the schedules was connflicting (only to find out a week later when i go to pick up my check if i stayed i would have been made manager cuz he is leaving and since i was the first person he hired i would have took his spot.410 a week and thats not includin commision .now only makin 250 a week)i know some of you guys are in my position.im just curious to how you guys can afford them.im thinkin of takin out a personal loan once i get back to school and pick up a job so ill know i can pay the payments.is this a good idea.im lookin into askin for around 5000 financed over 60 months.that plus my 3000 plus a little more from workin down at school (when i go back) should be enough to get me one im thinkin.i have no other bills to pay.and actualy want to take out a loan so i can start building my credit.thought about buying new so i could finance but upon advice, am going used.im kinda nervous bout takin out a loan just cuz iv neva really payed for anything on my own before (except car witch was only givin my peeps the money so they could put up the rest) and just nervous bout the whole thing you know.am i makin too much out of this.should i just go to a credit union apply and get it over with once im at school and have a steady part time job?just tired of seeing you guys everywere i go being in envy and sayin "damn i cant wait to get mine".

also what is the most i can get from a credit union on a personal loan.i dont want more than 7k but am hopping i get approved for at least 4k.i have decent credit (a couple of credit cards that i just got my limit increased on).what kind of apr am i lookin at.i here some up in the 13% and some as low as 4%
 

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Simple, don't buy the flashiest bike there is.... I picked up this F4i for $4500 because it's got some rashes and a dent in the tank, but it works great and is a hell of a lot of fun to ride. You can get even better deals than that sometimes on a pretty nice ride.

Most of the guys here are probably older than us, more along the lines of 25+ with a steady job, where they have no wife or girlfriend and no kids to feed, just a bike to keep them company. :twofinger . Just kidding.

Seriously though, motorcycle payments on a used bike would probably be fairly cheap.

Or, if worse comes to worse, wait till you're done with college with a steady job.
 

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i have the same problem. I am in college and can't afford a bike, well I could if I didn't have my truck but living in wisconsin a vehicle to drive in the winter months is crucial. Anyways I also pull in about 250 a week I can afford a cheap bike but I can't afford the insurance its fricken outrageous. Check out how much insurance will be before you decide to buy cause if you don't you could get screwed.
 

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I'm 25, in college and make about 400/week.
Guess what? I can still afford a flashy bike, 1000RR, rent and I'm considering buying a new truck to the tune of $15,000.
Its pretty easy really.
Planning and budgeting is the biggest part, follow that with a scholarship that pays for school (thats it mind you) and stay single.

BTW...I also contribute to my IRAs and put $ into savings not to mention I'm already 6 months ahead on bike payments.

Just have to find where you waste your money and cut that.
I dont live cheap as far as past times go either.
 

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21 yrs old.. pretty eazy just cut down on the other expenses and go for the bike.. Ive got a house payment and thats it.. Just pay cash for everything..

I picked up this F4i for $4500 because it's got some rashes and a dent in the tank, but it works great and is a hell of a lot of fun to ride. You can get even better deals than that sometimes on a pretty nice ride.
Sounds like ya got a lil screwed in my opinion.. I bout my 01 f4i with 1800 miles on it for $5000 from a guy.. I looked and looked and looked.. thats the only way to shop! Put 7000 miles on it and bout grand worth of upgrades and turned around and traded it in for $4700.. Turned around and bought the 02 954 with 2700 miles on it for $6400 out the door.. Just depends on how much people wanna deal and if they got a kid on the way or such and such.. Shop around and you'll find somethin. .Starvin is a good way to save up.. :D
 

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Everyone is talking about budgeting... I just sell my body for sex. :twofinger :laughing: I'm just kidding. Everyone has nailed it on the head. Buy a used bike. I have looked at cycle trader recently and have seen MANY f4's and f4i's for sale anywhere around the $4500-$5500 range. I got a "living expenses" loan so I could buy the bike and not have to put full coverage on it because I couldn't afford the extra $3000 a year. Yeah I have a little bit higher interest rate of 9.5%, but after you compare the extra percentage to the cost of having to buy full coverage insurance, it comes out to be quite cheaper! :2cents:
 

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I have a steady job and went the less expensive route. $2300 for a 2003 Ninja 250 with 2700 miles in perfect condition. Spent about $600 on gear. Less than 3k to get me started. :)
 

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"easy payments"

<---Visa's customer of the month

-chr|s sedition
 

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docta_freeze said:
Sounds like ya got a lil screwed in my opinion.. I bout my 01 f4i with 1800 miles on it for $5000 from a guy.. I looked and looked and looked.. thats the only way to shop! Put 7000 miles on it and bout grand worth of upgrades and turned around and traded it in for $4700.. Turned around and bought the 02 954 with 2700 miles on it for $6400 out the door.. Just depends on how much people wanna deal and if they got a kid on the way or such and such.. Shop around and you'll find somethin. .Starvin is a good way to save up.. :D
I couldn't find any cheaper than that... I live in SoCal so it seems like everything is more expensive!
 

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I'm 37, have been at the same job for almost 19 years and make a very comfortable living. If you weren't born with a silver spoon in your mouth or mom and dad aren't otherwise footing the bill, you just have to get your priorities in order. "Do I eat this week or make my bike payment?" :twofinger
 

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Well I'm only 17 so my parents support me. Support me as in food, place to live etc. I have to (or rather will have to) pay for all my bike, but I've had a summer job for the past few summers working landscaping which is good money. I have $4k saved up, already got my helmet/gloves, and by the end of the summer I can make another $3k at least...but I'm still just gonna get a used Ninja 500. With some of the extra money I'll get a slip on or something.
 

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I’m 25 and still in college I had to wait until my last year of college to buy a bike. I had a good internship and was able to save up 3500 to put towards a bike. Plus I bought a bike that had never been licensed from the dealer it ended up being one year old and I got $1000 off the price tag they threw in a new helmet and tie down straps and extended warranty. Because the bike has never been licensed I was able to get the same deals as a new bike. Like the 2% APR that will go to 4% after 18 months. And payments that only have to be $49 a month. I know I will never pay it off at $49 a month. This is why I pay $250, and if I ever do run in to trouble I keep $750 in a side saving account so I know I will be able to make the bear minimum of the $49 for awhile. Insurance is with State Farm only $450ish a year. $20 for tags and $37 for parking on campus. On top of it all I don’t have to eat Ramen noodles to make ends meet. :D
 

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I'm 20 and I've been working every summer since I was 15. I started this summer with 6k in the bank. I currently have about 5k but I have a job that I make 1200 a paycheck (bimonthly) which by the time I'm done with that I will have worked for a total of 12 months. I alternate a semester of work and a semester of school. When I graduate I will owe about 33k in school loans, but I'm taking half of each of my paychecks and starting to pay them off so I should be down around 19k when I graduate. I live at home and I split the cost of a 6k car last summer with my dad and I pay for insurance which is 700 a year. I just bought a 94 F2 for 2500 three weeks ago and like I mentioned I still have 5k in the bank. When I graduate I should have about 15k in the bank. Here's some hints for you guys, don't buy stupid shit, get a good job (internship/co-op) and just be cheap. Yeah it may be hard now, but I own a bike and none of my friends do and I will still graduate with more money than them.
 

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I'm 33, married, and self-employed. I work 10-11 hours a day, ( for the last 13 years.) and I charge people a small fortune for the kick a$$ work that I do. Therefore, I have money to pay for the bills.:D
 

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Bike Budgeting

Bought my first sportbike as an 18 year old college freshman. Granted, this was a while back, when $3411 got you a brand new Ninja 600R out the door including a helmet. (of course, since this was 1986, wages were quite a bit lower too)

Anyway, I got my bike via a loan with the local credit union. The monthly payments were very manageable, even on my meager earnings. Plus, this loan REALLY helped build up my credit history at an early age. If for no other reason, I'd say you should definitely consider financing the bike. Building a credit history early on really pays off a few years down the road.

Some other tips: I definitely agree with some of the other posters that you'd be better off looking at a used bike rather than a new one. I can't think of too many things worse than having 4 years of payments left on a 5 year loan on a wrecked bike. There are a LOT of nice used bikes out there for about 40% less cost than a comparable new one. Also, I am glad to see you including gear in you budget. It really is a necessity. However, I think that you could very easily get by on half of that $2000 you've budgeted.

Well, I hope that you succeed in scraping up the necessary cash/financing. I'm sure that it'll happen. Best of luck!
 

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I'm in college and am pretty much broke. I work all the time, but I don't have any scholarships, so no matter how much I work it won't be enough.

I inherited 8 grand a while ago and before the school could pry it out of my hands I spent it on a bike.
 

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Do your income tax returns amount to anything? If you claim 0, then you get less a month, but more at the end of the year. I'm not saying that's the way to go, just an option. I bought my first bike after a couple years in the military. I don't know how people do it without full time steady jobs???
 

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I work My a$$ off for 4 years in order to afford a car and a new bike. All good things come to those who wait and are willing to work extra hard for what they want.
 

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Saved up my pennies from summer jobs until i had 3500 bucks, then bought a friends used bike.
 
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