here is the break down
Bike - 10300
Doc Fees - 55.00
Sales Tax - 1083.00
DMV fees - 220.00
GAP insurance - 350.00
Total $ 12008
The finnance charges on it are $1800 for 3 years.....for a grand total of $13800....look at your Sales bill....the bike you may have gotten for 11500, but what is the end price after all the finnance charges are paid over the 36-60 months ?
I walked in with $11k in cash...was going to buy the bike outright for $10,300....but decided to finnace the bike for 36 months with the intention of making 3 months of normal payments and then paying the bike off in the 4th payment to boost credit score more
some will ask about the GAP insurance....I always get it because i had a car stolen one time and I didn't have GAP insurance....the car was worth 15K and I owed like 19K on it....guess who has to pay the balance ? If you have GAP insurance you dont have to worry....GAP insurance also pays you what the insurance companies wont in the event you have custom items....
