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.


Like us on Facebook! Regular shirt GIVEAWAYS and more

Advertisement

Reply
Share This Thread: 
Subscribe to this Thread Thread Tools
Old 05-02-2014, 09:27 AM   #1
zikaprevail
Senior Member
 
zikaprevail's Avatar
 
Join Date: Mar 2014
Feedback Rating: (0)
Posts: 152

Experience: 2 years
Trackdays: 1

Bike(s):
2014 Honda cbr 1000 rr
2006 Suzuki Katana 750








need help financing!!

Well my credit union said ill have to wait 6 months so that i have a longer credit history and they will finance me. I would rather not wait..I've talked to Honda dealer and they say I'd need a cosigner to finance through them. Does anyone know of a place that is good to finance motorcycles with? My credit is like 690 i have no negative things on it is just that i don't have.lengthy history.. if not.ill have to wait at least 6 months to ride :(
Thanks for your help in advice
zikaprevail is offline   Reply With Quote
Similar Topics
Thread Thread Starter Forum Replies Last Post
Motorcycle financing through... Father of Two General Discussion (Moto Related) 0 05-15-2010 12:07 PM
financing? zero4o3 General Discussion (Moto Related) 8 06-20-2006 09:10 AM
Financing redrocker Off Topic 13 02-28-2006 01:43 PM
Any shops do in house financing ?? KiNG $h!T General Discussion (Moto Related) 36 02-18-2006 04:00 AM
Advertisement
Old 05-02-2014, 09:50 AM   #2
jetcycles
DRIVEN BY ANGER
 
jetcycles's Avatar
 
Join Date: Nov 2005
Location: ShoreAcres
Feedback Rating: (14)
Posts: 12,027

Experience: 10+ years

Bike(s):
1950 Chevy Deluxe
1980 Honda CT70
1987 Kawasaki 650SX
1996 Honda Z50



start saving the payments now and wait the six months, you'll have a better down payment and lower monthly payments.
__________________
I understand the consequences of my actions prior to engaging in those actions. . .there are certain situations in life where the risk is totally worth the reward.
jetcycles is online now   Reply With Quote
Liked this post:
Old 05-02-2014, 09:50 AM   #3
KhmerStyle
Noob Riding Specialist
 
KhmerStyle's Avatar
 
Join Date: Mar 2014
Location: Huffmeister and 290
Feedback Rating: (0)
Posts: 580


Bike(s):
2007 R6
2007 zx6r wife's bike
Kawasaki zr7s RIP







http://www.msfortworth.com/custom_financing.htm
KhmerStyle is offline   Reply With Quote
Old 05-02-2014, 10:21 AM   #4
mx6er
Senior Member
 
mx6er's Avatar
 
Join Date: Jun 2007
Location: SE
Feedback Rating: (2)
Posts: 2,683


Bike(s):
TL1KR
street legal xr50



Member Garage





how much history are they requiring?
mx6er is offline   Reply With Quote
Old 05-02-2014, 10:35 AM   #5
jetcycles
DRIVEN BY ANGER
 
jetcycles's Avatar
 
Join Date: Nov 2005
Location: ShoreAcres
Feedback Rating: (14)
Posts: 12,027

Experience: 10+ years

Bike(s):
1950 Chevy Deluxe
1980 Honda CT70
1987 Kawasaki 650SX
1996 Honda Z50



Before you go out of your way to find financing, I suggest you familiarize yourself with interest rates and how they impact the total vehicle price. There are quite a few total vehicle cost calculators online. . .you'd be surprised what some people are willing to pay!
__________________
I understand the consequences of my actions prior to engaging in those actions. . .there are certain situations in life where the risk is totally worth the reward.
jetcycles is online now   Reply With Quote
Old 05-02-2014, 10:37 AM   #6
Pachuco
So fly, I need feathers
 
Pachuco's Avatar
 
Join Date: Mar 2009
Location: Houston (Proper)
Feedback Rating: (6)
Posts: 3,823

Experience: 6 years
Trackdays: 10+

Bike(s):
1098s
S4RS
SC1000
999s
996 sps

Member Garage





Send a message via Yahoo to Pachuco
Do you have a big down payment?
__________________
Stuntin like Jet Li, boat houses and jet ski's
Pachuco is offline   Reply With Quote
Old 05-02-2014, 10:39 AM   #7
LRD
Kawi Green!
 
LRD's Avatar
 
Join Date: Mar 2011
Location: SE Houston
Feedback Rating: (0)
Posts: 887

Experience: 4 years
Trackdays: 1

Bike(s):
05 636
08 250 (Sold)








Keep waiting, pay cash.
LRD is offline   Reply With Quote
Liked this post:
Old 05-02-2014, 10:40 AM   #8
lisiecki1
survivor of 7/4/08 ride..
 
lisiecki1's Avatar
 
Join Date: Jun 2008
Feedback Rating: (5)
Posts: 4,084

Experience: 10+ years






Member Garage





From experience:

Don't finance "toys".
__________________
"DON'T START VAST PROJECTS WITH HALF VAST IDEAS."
Remember the average response time to a 911 call is over 4 minutes.
The average response time of a 357 magnum is 1400 FPS.
lisiecki1 is offline   Reply With Quote
Liked this post:
Old 05-02-2014, 11:20 AM   #9
ArkansasDave
Senior Member
 
Join Date: Feb 2014
Location: Beaumont
Feedback Rating: (0)
Posts: 1,981

Experience: 2 years
Trackdays: 10+

Bike(s):
2010 CRF450R
2014 Honda Grom
2015 KTM 250xc







Buy something you can afford?
ArkansasDave is offline   Reply With Quote
Liked this post:
Old 05-02-2014, 11:27 AM   #10
Nastynesto85
Richard Serdown
 
Nastynesto85's Avatar
 
Join Date: May 2013
Location: southeast
Feedback Rating: (0)
Posts: 4,878

Experience: 9 years
Trackdays: 3

Bike(s):
Dual sport 14 ninja zx6r
06 cbr 600rr (sold)
05 cbr 600rr (sold)
04 Ducati ss800 (sold)
02 gsxr 600 (sold)






Pay cash and get full coverage and theft, houston is a tough place to be without the right insurance
__________________
Quote:
Originally Posted by 826 View Post
When you park just put a work boot over the ignition they won't know what to do.



If it's got or tires , it's going to cost you
Nastynesto85 is online now   Reply With Quote
Old 05-02-2014, 11:32 AM   #11
Jae
Kilted Basterd
 
Jae's Avatar
 
Join Date: Sep 2007
Location: Richmond
Feedback Rating: (9)
Posts: 5,076

Experience: 9 years

Bike(s):
Naked Sprint
Russian POS
Angry Max/Tub
Pile o' Hyosungs

Member Garage


I also would not recommend financing a toy like a motorcycle. For one thing, the rates typically offered for financing toys are much higher than on things like automobiles or houses.

That said, if you're going to finance just to help build credit history I'd definitely try to get something you have the cash to pay off up front, but finance a small amount and make payments for a year or so before paying it off.
Jae is offline   Reply With Quote
Old 05-02-2014, 11:33 AM   #12
C.Hern5972
Street Ninja Four Father
 
C.Hern5972's Avatar
 
Join Date: Aug 2008
Location: Pearland Tx
Feedback Rating: (5)
Posts: 14,729

Experience: 10+ years
Trackdays: 10+

Bike(s):
96 ZX7R 37k miles and still strong
2007 HD Softail
2002 Springer Classic
2007 GSXR600

Member Garage


listen to all these people... But i didnt pay cash for any of mien. Well 2 i did.. and Financed the boat
__________________
chern

Chris H
"I dont follow rules to well"
C.Hern5972 is offline   Reply With Quote
Old 05-02-2014, 11:35 AM   #13
Yillbs
Senior Member
 
Yillbs's Avatar
 
Join Date: Feb 2011
Location: Brenham
Feedback Rating: (0)
Posts: 866

Experience: 5 years
Trackdays: 2

Bike(s):
2007 Ninja 650R ( SOLD )
2012 FZ6R
2016 R6


Member Garage





?

Quote:
Originally Posted by ArkansasDave View Post
Buy something you can afford?
He asked if anyone knew where he could get financing in his situation. Not useless information about " affordability ". How do you know what he can and can't afford? Because he doesn't have the cash?

to the OP. Yamaha financial services through GE will give you 8-13% with less than a year of credit if you have a 640 or higher, which it seems you do.

They won't finance anything over 10k though, so you would need to look at an FZ6r, fz09, fz1, ect so the R6 is probably out of the picture, they also won't go used.
Just ask to be ran though the GE portion, and they will get you some good lovin. The terms won't be the best.
Good luck!
__________________
lets be CIVIL!
Yillbs is offline   Reply With Quote
Old 05-02-2014, 11:36 AM   #14
Bevo
Hook 'em!
 
Bevo's Avatar
 
Join Date: Mar 2009
Location: Houston-The South Loop
Feedback Rating: (0)
Posts: 24,322

Experience: 10+ years
Trackdays: 3

Bike(s):
'12 CBR1000RR Red/Black
'14 CB1000R Matte Gray
'10 CBR1000RR (destroyed)
'09 CBR1000RR C-ABS (sold)
'09 CBR600RR C-ABS (sold)

Member Garage





Quote:
Originally Posted by ArkansasDave View Post
I'll be more than happy to front you a loan. How much you need?
__________________
Quote:
Originally Posted by bumblebee View Post
"I lack skillz"
Bevo is offline   Reply With Quote
Old 05-02-2014, 11:38 AM   #15
Jae
Kilted Basterd
 
Jae's Avatar
 
Join Date: Sep 2007
Location: Richmond
Feedback Rating: (9)
Posts: 5,076

Experience: 9 years

Bike(s):
Naked Sprint
Russian POS
Angry Max/Tub
Pile o' Hyosungs

Member Garage


I financed my first bike (new) for 18 months through my credit union, but at the time I had a high-interest savings account that was earning more interest than my CU was charging for the loan. It made financial sense to me at the time, but every other bike I've had was paid cash.
Jae is offline   Reply With Quote
Old 05-02-2014, 11:39 AM   #16
zikaprevail
Senior Member
 
zikaprevail's Avatar
 
Join Date: Mar 2014
Feedback Rating: (0)
Posts: 152

Experience: 2 years
Trackdays: 1

Bike(s):
2014 Honda cbr 1000 rr
2006 Suzuki Katana 750








Well i have a secured loan history from last year and i financed a car in december and have 6 months now of payments. They want 6 more months :/

And i Khmer i called them thank you we will see what they say.

I've got 1500 down right now motorcycle total price was 11.5 otd
so needed 10k monthly payments would be 198 i can afford that.
zikaprevail is offline   Reply With Quote
Old 05-02-2014, 11:58 AM   #17
ArkansasDave
Senior Member
 
Join Date: Feb 2014
Location: Beaumont
Feedback Rating: (0)
Posts: 1,981

Experience: 2 years
Trackdays: 10+

Bike(s):
2010 CRF450R
2014 Honda Grom
2015 KTM 250xc







The literal definition of afford is to have enough money for, needing someone else to pay 90% of it means you can't afford it.

I'm gonna go out on a limb here and say you're probably pretty young, which means you know everything so do what you want. Get gap insurance so when it's stolen or totaled you aren't in the hole.
ArkansasDave is offline   Reply With Quote
Liked this post:
Old 05-02-2014, 11:58 AM   #18
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





Get a title loan or payday loan



Lol jk plz dont do that
r6racer is offline   Reply With Quote
Old 05-02-2014, 12:00 PM   #19
Yillbs
Senior Member
 
Yillbs's Avatar
 
Join Date: Feb 2011
Location: Brenham
Feedback Rating: (0)
Posts: 866

Experience: 5 years
Trackdays: 2

Bike(s):
2007 Ninja 650R ( SOLD )
2012 FZ6R
2016 R6


Member Garage





Quote:
Originally Posted by ArkansasDave View Post
The literal definition of afford is to have enough money for, needing someone else to pay 90% of it means you can't afford it.

I'm gonna go out on a limb here and say you're probably pretty young, which means you know everything so do what you want. Get gap insurance so when it's stolen or totaled you aren't in the hole.
I believe he still asked for financing locations. I'm going to go out on a limb here and say you're rather old, which means you have to give your " life lessons " to anyone that will listen. Affordability, and the no need to finance toys is the ideal set of people who have the cash sitting around. More power to 'em. The guy still just wanted insight as to where he could finance his toy.
__________________
lets be CIVIL!

Last edited by Yillbs; 05-02-2014 at 12:02 PM.
Yillbs is offline   Reply With Quote
Old 05-02-2014, 12:01 PM   #20
KillinTime
Senior Member
 
KillinTime's Avatar
 
Join Date: Aug 2007
Location: Hardin
Feedback Rating: (2)
Posts: 2,458

Experience: 10+ years

Bike(s):
13' Cbr1000rr
Suzuki Boulevard








Pm sent
KillinTime is offline   Reply With Quote
Reply


Thread Tools

Advertisement


All times are GMT -5. The time now is 11:45 PM.


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