How do you afford your rides?

[JoChan23]

Prompted by a response in the "What is your other ride?" post.

I work at BestBuy lol

i work at best buy and that got my my
1993 Eagle Talon TSI
1997 Honda Civic 4dr LX
1990 GS500E
and hopefully soon a 2006 SV650S red

- Jordan

[annguyen1981]

Bank robberies got me my:
1993 Chevy Blazer
1995 Chevy Blazer
2000 Chrysler Cirrus
2004 GS500f (BLUE ROCKS!)

Don't tell anybody, but I'm gonna be hitting up another bank so I can buy my precious R6 (BLUE ROCKS!)

[The Buddha]

I buy crap for dirt cheap ... and then I fix it to run, and ride crap for dirt cheap. then crap breaks on the road and I call the wife for a ride ... Then Repeat.
Cool.
Srinath.

[scratch]

I pay cash.  If I can't pay cash for it, I don't get it until I do have enough cash.

I work in a warehouse for an electronics manufacturer.

[Alphamazing]

I'm like scratch. I pay cash and won't buy it until I have enough. I worked at a grocery store through high school to earn enough money for my bikes. I can't buy new (too much money) and won't finance. Used + cash = the way to go.

[Mandres]

Yep, my father always said if you have to finance a toy you can't afford it.  My tax return paid for my bike, god bless the earned income credit.

-M

[JoChan23]

HMMM... but what if you can afford a monthly payment?

- Jordan

[RVertigo]

I'm a cheap bastard...  I get a great deal 80% of the time and I get ripped off 20% of the time.

I afford my GS 'cause I paid almost nothing for it...  In Cash.  I have no moto insurance and try to fix stuff myself (then break it and pay too much at a shop).

I afford my F.O.R.D. Exploder 'cause I've owned it for 5 years and have paid off the WAY TOO MUCH cost of the vehicle over time.

I afford my various other non-vehicle toys 'cause 1/4 of my paycheck is my "Mad Money."   Plus, my wife makes more than me. 

[gsmetal]

Buy in fall....fix it - or in some cases just clean it up...sell in spring....repeat.

Always buy used (NEVER new) with the mindset of "Can I ride this bike for 6 months or a year and get MORE than what I paid for it." You should clear $500.00 MINIMUM on a sale.

Soon you aquire a nice little stash known as "The Motorcyle Fund" which is immune to all other expenses or spousel demands.

At one point my fund was reaching $6000.00 which was great fun because you can buy some really cool bikes - like a 1991 VFR750 for instance    - it takes a while to get to that point but it does get there. Soon you'll have people telling you about bikes - "Hey, I got a brother who has a little Honda 450 he hasn't ridden in years - it just sits in his garage." OR "Yeah, I was at a rummage sale and there was a little Suzuki the guy was selling for $550.00 dollars." ...your ears perk up... "Oh really, where is that rummage?" you casually ask.

One note - > 'The Motorcycle Fund'  can borrow money from your regular bank account to get a better, more expensive bike if "The Motorcycle Fund" pays the regular account back within two months. This rule is extremely useful if you are married.

[3imo]

GSMETAL - u hit the nail on the head!!!!!

basic rich people think. 

and Ladies, read his lips. NEVER BUY RETAIL!!!!! 
and "I am never gonna sell it is no excuse" its like "beauty is skin deep" just something ugly people say.

  funny thing money and smart decisions.   gets you all giddy inside.

[Stephen072774]

I save and pay cash for all my toys also, but a large government settlement bought my last toy... wouldn't want to go thru that shaZam! again for the settlement however.

[TadMC]

x

[LimaXray]

I used to buy everything with cash, but.... then I discovered the magic of credit 

Bought my Kia a year and half ago, financed it by myself, now I have pretty good credit, good enough that I could buy my 05 and all my gear on my Suzuki credit card 

My school has a manditory co-op program so I'm working full time as a computer engineering student (aka dumb ass grunt programmer) half of the year, and the other half of the year I lifeguard at this shitty pool in the hotel I live in (yeah I live in a hotel owned by my school)  All I gotta do is make my monthly payments and I'm all set 

[JoChan23]

im 20 years old i am a college student i work part time and make around 14,000 a year.
suzuki approved me for 5,000 credit, which is good considering i have very good but extremely limited credit.
i would like to sell my bike and put that towards the difference of the credit they gave me and the price of a bike.
it would be nice to build credit while having something i absolutely love.
but everyone says dont finance.
any advice?

- Jordan

[3imo]

Pimpin'

[JoChan23]

you know ive tried that.. but i always wanted to keep all my girls for myself and not share.. so it wasn't very lucrative

- Jordan

[3imo]

haven't you heard? 

THe new trick is to find a girl willing to get with a guy and give you all his money.  The guy falls in love and gives the girl access to his account.  he buys you new shoes. (I saw this on that show Cheaters)

A few of these and you'll be set (and dead ) but set none the less.

But i don't think that falls under  pimpin.  its more of a hustle.

[LimaXray]

im 20 years old i am a college student i work part time and make around 14,000 a year.
suzuki approved me for 5,000 credit, which is good considering i have very good but extremely limited credit.
i would like to sell my bike and put that towards the difference of the credit they gave me and the price of a bike.
it would be nice to build credit while having something i absolutely love.
but everyone says dont finance.
any advice?

As long as you know you can make your payments and be responsible, I'd say finance (well put it on your Suzuki credit card, you'll own the bike out right and you only have to pay 100 bucks a month).  I look at it like this: when I get out of college, I'm gonna make a lot more money and not have a family to take care of so I'm gonna be a whore and buy expensive shaZam!, and how the hell am I gonna do that with no credit?  Plus, your credit score impacts your insurance premiums.  It's really up to you, finacing is easier but costs a more in the long run and can get you in trouble 

[porsche4786]

I used to work at Fred Meyer a few years ago....and let me tell ya, it SUCKED. So after 2 years of that I quit and started working for my dad. We sell new and used industrial electrical equipment.

[3imo]

I would tell u who I work for.. but I'd have to kill all of you.  then who would I talk too?