MotoHouston.com MotoHouston.com
Register Members List Member Map Media Calendar Garage Forum Home Mark Forums Read

Go Back   MotoHouston.com > General Discussion > General Discussion (Moto Related)
Forgot info?

Welcome to MotoHouston.com! You are currently viewing our forums as a guest which gives you limited access to the community. By joining our free community you will have access to great discounts from our sponsors, the ability to post topics, communicate privately with other members, respond to polls, upload content, free email, classifieds, and access many other special features. Registration is fast, simple and absolutely free, join our community!

Register Today!

If you have any problems with the registration process or your account login, please contact us.


FREE MH Decals by MAIL!

Closed Thread
Share This Thread: 
Subscribe to this Thread Thread Tools
Old 06-04-2013, 07:30 PM   #101
Pre-K
Senior Member
 
Pre-K's Avatar
 
Join Date: Mar 2007
Location: Tomball
Feedback Rating: (11)
Posts: 3,413

Experience: 1-3 months
Trackdays: 10+

Bike(s):
2012 CBR1000RR
2014 Specialized








Quote:
Originally Posted by OpnCskt View Post
No, they are losing a customer. I've spent close to $10k at Stubbs 59 in the last year. Apparently 724 isn't enough credit lol but he said the minimum is a 650 to be approved.
You went to the wrong Stubbs, my friend!

Try the one off Telephone... I've bought a lot of bikes from those peeps, and they always treat me right!
Pre-K is offline  
Similar Topics
Thread Thread Starter Forum Replies Last Post
Another happy customer hurahn Motorcycles Unlimited 0 07-09-2013 10:19 PM
Ugh...customer txferrari Off Topic 14 06-07-2008 08:14 PM
Another happy customer... logan5 Motorcycles Unlimited 7 07-02-2007 10:20 AM
Another Satisfied Customer DLunsford21 Gear Talk 0 06-24-2007 09:36 PM
Advertisement
Old 06-04-2013, 07:36 PM   #102
the_laydown
Bored
 
the_laydown's Avatar
 
Join Date: Nov 2009
Location: Conroe
Feedback Rating: (1)
Posts: 1,180

Experience: 7 years
Trackdays: 1

Bike(s):
2012 Husky SMR511




Member Garage





Lol I financed my current bike 1200 down. 200 a month. Credit in the 600's. And it was a 10k bike lmao...
the_laydown is offline  
Old 06-04-2013, 07:37 PM   #103
Pre-K
Senior Member
 
Pre-K's Avatar
 
Join Date: Mar 2007
Location: Tomball
Feedback Rating: (11)
Posts: 3,413

Experience: 1-3 months
Trackdays: 10+

Bike(s):
2012 CBR1000RR
2014 Specialized








nevs
Pre-K is offline  
Old 06-04-2013, 07:45 PM   #104
ormand
Deelish!
 
ormand's Avatar
 
Join Date: Jun 2005
Location: SE
Feedback Rating: (5)
Posts: 8,835

Experience: 3 years
Trackdays: 9

Bike(s):
2009 Ninja 650r
Total Mileage: 42,000





I think I might go finance a Ducati 1199 Panigale just to off the OP
__________________
ONET 1
ormand is offline  
Old 06-04-2013, 07:51 PM   #105
Truckin_Thumper
Senior Member
 
Truckin_Thumper's Avatar
 
Join Date: Oct 2012
Location: Dallas
Feedback Rating: (0)
Posts: 2,054

Experience: 1-3 months
Trackdays: 1

Bike(s):
El Tigre 1050
WR426 Blue Hooligan Motard ---once back together








Quote:
Originally Posted by ormand View Post
I think I might go finance a Ducati 1199 Panigale just to off the OP
really him off and get me a RSV4, while you are there.
Truckin_Thumper is offline  
Old 06-04-2013, 08:46 PM   #106
Neon Samurai
3090 MotoGP Champion
 
Neon Samurai's Avatar
 
Join Date: Mar 2012
Location: Kings Landing
Feedback Rating: (0)
Posts: 3,221

Experience: 10+ years

Bike(s):
2010 Ducati Streetfighter (sold)
2012 Triumph Speed Triple R
2008 Triumph Sprint ST (Sold)
2014 BMW s1000R
2012 Aprilia Tuono (sold)






Credit union homeboy
Neon Samurai is offline  
Old 06-04-2013, 09:37 PM   #107
maR1k
Yamaha
 
maR1k's Avatar
 
Join Date: Apr 2011
Location: Friendswood
Feedback Rating: (0)
Posts: 509

Experience: 10+ years
Trackdays: 2

Bike(s):
2006 Stratoliner (Harley Killer)
2009 R1 (sold)
2011 Yz450f (sold)
2007 Yz450f (sold)
2006 Kx250f (sold)

Member Garage


you could make 20,000 a month, that doesnt matter. its all on payment history.

go to credit union, theyll see your income paychecks, theyll prob give you a better interest rate, yamaha tried to give me 14.49 % rate, my CU gave me %2.29
maR1k is offline  
Old 06-04-2013, 09:46 PM   #108
OpnCskt
OpnCskt
 
OpnCskt's Avatar
 
Join Date: Aug 2011
Location: Conroe
Feedback Rating: (0)
Posts: 803

Experience: 1 year

Bike(s):
2007 GSXR 600 (Wrecked)
2008 GSXR 600



Member Garage


Why would anyone financing anything me off? And for those of you that cant do math im not anywhere close to even 30% debt to income ratio. Needless to say, like the title of the thread says. Stubbs Lost a customer today. Im willing to bet by the end of this month I will bring at least 2 sales, one from me on my Scrambler and the other from my buddy buying his 2013 R6 (Waiting on Awesome Cycles class date for his license) and my other buddy looking at buying a RAZR since his wife keeps near killing herself when she rides the four wheeler, might be the 3rd. I held Stubbs customer service and Motivation on a pedestal until today. Stubbs chooses who they use for their financing company and it is robbing them of sales. Point being is the BEST type of advertising is Word Of Mouth and if it comes from me after today Stubbs wont get a good word anymore.
__________________
CLUTCH THAT UP!
OpnCskt is offline  
Old 06-04-2013, 09:49 PM   #109
v4lu3s
Senior Member
 
v4lu3s's Avatar
 
Join Date: Jun 2008
Location: Conroe
Feedback Rating: (1)
Posts: 4,381

Experience: 4 years

Bike(s):
2003 CBR 600 F4i -- Sold




Member Garage


afaik most of those financing deals through power sports dealers are just glorified credit cards NOT secured loans.
v4lu3s is offline  
Old 06-04-2013, 09:52 PM   #110
VicTOEmizer
GUEST
 
VicTOEmizer's Avatar
 
Join Date: Feb 2010
Location: seabrook tx
Feedback Rating: (3)
Posts: 14,684

Experience: 10+ years

Bike(s):
rc51 (sold)
TTR 125 :)
Buell xb12r (sold)
2013 z1000 (sold)
Ducati multistrada :)






Quote:
Originally Posted by OpnCskt View Post
Why would anyone financing anything me off? And for those of you that cant do math im not anywhere close to even 30% debt to income ratio. Needless to say, like the title of the thread says. Stubbs Lost a customer today. Im willing to bet by the end of this month I will bring at least 2 sales, one from me on my Scrambler and the other from my buddy buying his 2013 R6 (Waiting on Awesome Cycles class date for his license) and my other buddy looking at buying a RAZR since his wife keeps near killing herself when she rides the four wheeler, might be the 3rd. I held Stubbs customer service and Motivation on a pedestal until today. Stubbs chooses who they use for their financing company and it is robbing them of sales. Point being is the BEST type of advertising is Word Of Mouth and if it comes from me after today Stubbs wont get a good word anymore.
Can you please explain why you don't just pay cash?
__________________
KEEP YOUR PRIVATE OFF THE INTERNET FOLKS!
VicTOEmizer is online now  
Old 06-04-2013, 10:01 PM   #111
darranwil
Rev_Psilocybe
 
darranwil's Avatar
 
Join Date: Feb 2013
Location: Deep Ellum
Feedback Rating: (0)
Posts: 944

Experience: 2 years

Bike(s):
2004 Buell Xb12s
2002 Buell Blast-(sold)
87 Honda Rebel 450 (sold)


Member Garage





Quote:
Originally Posted by Mantoe View Post
Can you please explain why you don't just pay cash?
Cause out of that 6k a month income he spends 5,900 a month.
__________________
Rev
darranwil is offline  
Old 06-04-2013, 10:03 PM   #112
OpnCskt
OpnCskt
 
OpnCskt's Avatar
 
Join Date: Aug 2011
Location: Conroe
Feedback Rating: (0)
Posts: 803

Experience: 1 year

Bike(s):
2007 GSXR 600 (Wrecked)
2008 GSXR 600



Member Garage


Quote:
Originally Posted by Mantoe View Post
Can you please explain why you don't just pay cash?
Like I said earlier... I would like to continue building credit so when I buy a house I dont have any problems. If I pay for everything in cash my credit dosnt go anywhere. And Im not going to buy a house with cash unless I win the lottery. But since I dont play the lottery its kinda hard to win.
__________________
CLUTCH THAT UP!
OpnCskt is offline  
Old 06-04-2013, 10:12 PM   #113
OpnCskt
OpnCskt
 
OpnCskt's Avatar
 
Join Date: Aug 2011
Location: Conroe
Feedback Rating: (0)
Posts: 803

Experience: 1 year

Bike(s):
2007 GSXR 600 (Wrecked)
2008 GSXR 600



Member Garage


Quote:
Originally Posted by darranwil View Post
Cause out of that 6k a month income he spends 5,900 a month.
I have the fast car 02 Trans am 500hp MINT... I just got a little bit ago and its already paid off. Bike 08 GSXR 600 is Paid off, Convertable 09 Eclipse for beach days Paid off, Mazda 6 for gas saver long distance trips PAID OFF and now a new 2013 Ram that I just got that is financed. Other than the truck and insurance I only have normal utility bills. So of that $6k about $1200 is gone...
__________________
CLUTCH THAT UP!
OpnCskt is offline  
Old 06-04-2013, 10:35 PM   #114
Jredford
Rotsevnieht
 
Jredford's Avatar
 
Join Date: Aug 2009
Location: Houston
Feedback Rating: (0)
Posts: 2,037

Experience: 1-3 months
Trackdays: 1

Bike(s):
FZ1
R1200RT
CRF450X Tard
R6 Friggin Rocket Ship
CRMA Lic #622






Quote:
Originally Posted by Mr.P View Post
In general, you should finance everything you possibly can....if you can loan those funds out at higher interest rates, and cover your risk thru diversity. That's why all of America has IRA's invested in stocks, with mortgages on their homes at the same time. Managed money should grow, in the long run.

Example, my student loans...$35k now. 5% interest or so, dunno, don't really care. Could I pay them off with cash, sure! But I'd rather my money be loaned out at 18% to small strong businesses with current cash flow problems. It works out well for me to keep this debt. About $5000 a year, just for that one.

But when you talk about a toy, that requires expensive full coverage insurance, it becomes a grey area. Risk vs reward gets muddied up and your emotions lead to bad decisions.

And when you just finished college and 2 weeks ago were desperate for a job to make ends meet...well, I wouldn't loan you either. Having a job is a completely different concept from keeping a job. Askthe numnuts I've fired in my lifetime. Credit unions respect this too, with often having 6 months minimum employment to join the company credit union. That's just good business.

And quit pickin on Stubbs. Even if it is the 59 store....
Sounds like a great deal - where are you getting 18%? I want some of that action.
__________________


"Racing is life... everything before and after is just waiting." Steve McQueen as Michael Delaney in 'Le Mans'
Jredford is offline  
Old 06-04-2013, 10:40 PM   #115
J.J. McQuade
DORC MEMBER
 
J.J. McQuade's Avatar
 
Join Date: May 2012
Location: Cypress
Feedback Rating: (0)
Posts: 2,589

Experience: 4 years

Bike(s):
2008 Ducati Multi-Strada 1100S
1993 Ducati 900SS (Designated Sweeper)
Acura NSX-T Type R


Member Garage





Rejection sucks; but you were denied for a very good reason, you do not have a long enough history of paying back lenders in a timely and sufficient manner. Buy a house first and then buy the toys. Once you own your own home you can buy anything you want within reason.
__________________
DORC
J.J. McQuade is online now  
Old 06-04-2013, 10:50 PM   #116
DT675
Senior Member
 
DT675's Avatar
 
Join Date: Apr 2013
Location: Cypress
Feedback Rating: (1)
Posts: 163

Experience: 9 years

Bike(s):
2006 Daytona 675
2010 WR250R
2008 CRF100F
2004 KLX300
2006 CRF50






Quote:
Originally Posted by Posterchild2 View Post
Rejection sucks; but you were denied for a very good reason, you do not have a long enough history of paying back lenders in a timely and sufficient manner. Buy a house first and then buy the toys. Once you own your own home you can buy anything you want within reason.
Yep, and it doesn't take much to have a 724 credit score. Really I had that with just a small loan and CC with a low credit limit when I first started applying for lines of credit. Its all about credit history and what you have done to maintain that 724 or improve it.
DT675 is offline  
Old 06-04-2013, 11:43 PM   #117
SANCHO
Senior Member
 
SANCHO's Avatar
 
Join Date: Mar 2012
Location: Cypress
Feedback Rating: (0)
Posts: 158

Trackdays: 1

Bike(s):
2007 Big Bear Chopper









How long did you have your last job? How long were you unemployed?
SANCHO is offline  
Old 06-04-2013, 11:53 PM   #118
BigComfy
Senior Member
 
BigComfy's Avatar
 
Join Date: Jun 2005
Location: under a rock
Feedback Rating: (3)
Posts: 24,322

Experience: 1-3 months
Trackdays: 10+

Bike(s):
SV1k (sold)
CRB6 Track Bike (sold)
Daytona 1200 (parted)
1st Gen FZ1 (sold)
1st Gen SV650 (sold)

Member Garage


Quote:
Originally Posted by OpnCskt View Post
I have the fast car 02 Trans am 500hp MINT... I just got a little bit ago and its already paid off. Bike 08 GSXR 600 is Paid off, Convertable 09 Eclipse for beach days Paid off, Mazda 6 for gas saver long distance trips PAID OFF and now a new 2013 Ram that I just got that is financed. Other than the truck and insurance I only have normal utility bills. So of that $6k about $1200 is gone...
Kid, you're financing a toy with less than 1 month of employment.
Had you been working there for a 6 or so months, you wouldn't of been declined.... I'm not saying its right (which it is IMO) but that's just the way it is. Now, your credit score is going to take a hit because you tried and got declined. Ce la vie...

Btw you went to the WRONG Stubbs

FTR This thread sucks compared to the COTA one
BigComfy is offline  
Old 06-04-2013, 11:55 PM   #119
NewRider
Riding, Eating & Partying
 
NewRider's Avatar
 
Join Date: Jun 2010
Location: Houston/Heights
Feedback Rating: (1)
Posts: 18,132

Experience: 3 years
Trackdays: 10+

Bike(s):
Retrospec Fixie (Hipster ride)









Quote:
Originally Posted by OpnCskt View Post
Like I said earlier... I would like to continue building credit so when I buy a house I dont have any problems. If I pay for everything in cash my credit dosnt go anywhere. And Im not going to buy a house with cash unless I win the lottery. But since I dont play the lottery its kinda hard to win.
I don't think you quite understand how credit works.....
__________________
http://i1113.photobucket.com/albums/k504/mhnewrider/IvanHalffast_zpsb8fb524d.png

HALFFAST GROUP
NewRider is offline  
Old 06-04-2013, 11:56 PM   #120
r6racer
track
 
r6racer's Avatar
 
Join Date: Dec 2012
Location: Houston
Feedback Rating: (4)
Posts: 8,582

Experience: 2 years
Trackdays: 10+

Bike(s):
2008 Yamaha R6 Race/track
2012 Yamaha WGP R6
2004 Kawasaki KLx250 2-stroke
2008 Yamaha R6 Street *Sold*
2005 Yamaha R6 Track *Sold*

Member Garage





hahahah this thread. gotta love it. stop financing everything jeez.
__________________

Last edited by r6racer; 06-04-2013 at 11:59 PM.
r6racer is offline  
Closed Thread


Thread Tools


All times are GMT -5. The time now is 04:00 PM.


MotoHouston.com is not responsible for the content posted by users.
Privacy Policy