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Loan under$5000.00 need full coverage?

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  #11  
Old 04-16-2008, 04:20 PM
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Default RE: Loan under$5000.00 need full coverage?

ORIGINAL: jdschmidt

i make enough money to pay for my car and my bike..and still have $600 left over for the month..im good. rent is cheap around here..2 bedroom for 400 bucks..split that with a person. either way, i can afford..that wasnt really what i was asking.


****, I'd take $400 myself. The cheapest rent here (aprt or home) is $750.
 
  #12  
Old 04-16-2008, 04:25 PM
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Default RE: Loan under$5000.00 need full coverage?

It all depends on who you get your loan through. They alltheir own personally rules. When I got mine they said as long as you finance 10k or less all you needed was liability.
 
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Old 04-16-2008, 04:46 PM
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Default RE: Loan under$5000.00 need full coverage?

The only two options that I know you have to have full coverage is either the bike is brand new or you took out an "auto" loan.

I did a personal loan cuase the rates were smaller and I get to keep the title.
 
  #14  
Old 04-17-2008, 12:00 AM
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Default RE: Loan under$5000.00 need full coverage?

personal loan?? i have never heard of one to be honest..maybe ill check into that..i found an all black 06 RR that im falling in love with ill have to drive about 500 miles..but ill ride it back..take a bus there and ride it home..sounds good to me haha..ill look into a personal loan tomorrow..i just had the f4i out in my front yard and ive had 3 or 4 calls on it..gonna park it somewhere where it can be seen by someone i know most of the time and where other pontential buyers can see it..hope it all works out.
 
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Old 04-17-2008, 12:14 AM
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Default RE: Loan under$5000.00 need full coverage?

Looks like someone beat me to it... Take out a personal loan if possible... You wont have to use the bike as colateral (sp) so no insurance required .. Plus the interest rate is usually low on personal loans...

And $400 for a 2 bedroom??????? You cant even get a tiny studio for $400 here... 1 bedroom avg is $1000, 2 bedroom your looking at at least $1200
 
  #16  
Old 04-17-2008, 12:24 AM
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Default RE: Loan under$5000.00 need full coverage?

If you know your credit history that will help you out alot as well. If it were me I wouldnt even apply for a personal if your credit score is less than 700-720. I have one and it is 11% interest, will ok credit. Just a heads up that they can be cheap but sometimes not as cheap as a used car loan.
 
  #17  
Old 04-17-2008, 12:29 AM
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Default RE: Loan under$5000.00 need full coverage?

I was with my friend yesterday when he bought his new bike and he is carrying liability with an 08. I wouldnt do it. I mean i have my 06rr paid off and still carry full coverage
 
  #18  
Old 04-17-2008, 12:49 AM
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Default RE: Loan under$5000.00 need full coverage?

^^ my 01 with almost 20k miles has full coverage..
 
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Old 04-17-2008, 01:10 AM
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Default RE: Loan under$5000.00 need full coverage?

ORIGINAL: jdschmidt

i make enough money to pay for my car and my bike..and still have $600 left over for the month..im good. rent is cheap around here..2 bedroom for 400 bucks..split that with a person. either way, i can afford..that wasnt really what i was asking.
I WISH the rent was that cheap here, oh man, would I be a high baller lol... we're renting a house out for 1,600 a month and that's going to be tight... wow... that would be sweet.
 
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