Got turned down on 04 Speed 4 and 04 SV-650s :-(

[b1k3r 3li+3]

going to try for Duc Monster 750 2001 model, sales guy says i can probly qualify for that, cause my day found out my mom was going to co sign the new bike, hes like h3ll no, he hurt his credit, he aint hurtin ours. hehe.

[ashman]

If your credit cant swing it DONT DO IT!!!!!! I almost financed a 250 Ninja MY GOD I am glad I saved up longer and got my GS.  I'd still have  the damn monthly note to contend with, that and I'd be trying to own a ex250.
Plus it felt damn good to pay w/ cash money BAM! 1500 bux thats how ash does it! Well, I emptied the bank account but still.  I dunno your situation. But for me being 21 full time student/part time work last thing I needed was another monthly bill hangin over my head. I  even got a Kawasaki "Good Times" card with credit up to 7k. Just a little food for thought.

-ash

[Hi-T]

Don't do it... yet.   If you get turned down by two dealerships, on "cheaper" bikes you'll probably not get approved for the duc.  Besides that,  everytime you apply for credit your credit report gets pulled and you receive a "hit."  Too many hits in a small period of time and you are considered "desperate" for credit (the credit card guys don't know why you keep applying).

Join a credit union- open a savings account and wait one more season.  You'd be better off getting a smaller loan on a cheaper bike.

My wife and I are in the process of buying a house- we've been lectured a ton on credit and how to use it wisely.  It's worth building your credit correctly.

[chuey]

http://forums.gogoracers.com/viewtopic.php?t=811

[Aceluck]

Just a thought.  If you are not fond of the idea of another monthly payment, have you considered the increased maintenance costs associated with Duc ownership?

Just on the Duc running costs/servicing, at least here in Australia, its a myth that its more expensive then any other bike.

Stay Safe

[jiggersplat]

nevermind the insurance payments you'll be making on a ducati or a speed-4.

[octane]

The main reason I've kept the GS so long is insurance. I looked into insurance for a R6 and it was between $2200 and $3000 a year. I'm 30 with no accidents and 2 speeding tickets. If I drop coverage from full to minimum the price goes down to about $300. So - I gotta spend $2,000 or less on the next bike because that's about the biggest hit I'm willing to risk in the event the bike does get damaged. Every time I think about a new bike, I revisit this little insurance exercise and do something to the GS. I can swing the $150/year GS insurance premium without blinking!

[Greg Gabis]

I'm a cheep bike fan. My current street ride is a '70CB650. It is a lump of crap but I paid $700 for it with 12,000 miles and complete with a big ass barn door of a fairing.

The motor weight vs hp ratio sux. The brakes are a mere suggestion and the suspension is all spring.

Man, I love that thing.

I still have a GS street bike awaiting a motor transplant cuz I'm too lazy to rebuild a good motor out of my collection of parts.

For me, a "nice" bike is just one step away from heartache when I crash it or jail time when I get caught speeding.

[The Buddha]

Ok I do have the 89 street GS, but the back up is a KZ440 1982, belt drive. Love it. Bicycle with a motor. The scene at work in the parking lot is this, there is VFR's, ZZR's, V stars, Harleys, 916's, R6's, triumphs, and a gaggle of the bagger/dresser's in every make imaginable. Most of them ask me for fixing tips. Of course the Other GS was my backup.
Cool.
Srinath.

[JLKasper]

I'd echo the sentiments here in that a motorcycle is basically a luxury, and it's better to have your financial house in order before signing your life over for a very expensive toy.  The only three things really worth getting in debt over are (in no particular order):  house, education, and a good car.  Worse things could happen than keeping a GS for awhile longer.

[dgyver]

No problem when you pay cash. I paid cash for each of my 3 bikes.