im planning on selling my 97' honda 300ex, and move up to a bigger quad that will satisfy my need for speed [img]i/expressions/face-icon-small-tongue.gif[/img] im 16 and this will be my first quad purchased new, and i need some info (moms making m get info bout buying a quad before shel een go into the shop to look at one [img]i/expressions/face-icon-small-mad.gif[/img] )

ill be putting anywhere from 3300-3700$ down on the new quadsport z400 , i need to know the following info...

1.how long are the payoff periods? like how long do we pay on it, until its payed off?
2.if my mom has bad credit how much can she expect to pay a month for it?
3.is their anyway to talk down on the price? i think they are 5300$ here?....

any info would be appreciated...thanks [img]i/expressions/face-icon-small-happy.gif[/img]


jay

 

If you putting down that kind of cash...you shouldn't have to pay no longer than 3 years...it depends on how much you want your payment to be...the more you pay per month, the faster you can pay it off. The bad credit might ruin this whole thing for you...depends on her credit score. It will be hard to get a good deal on the new Z400 because it's an all new quad & the shop will sell everyone they have...at full price. Expect to pay about another $800 or so for taxes..shipping charges setup fees & DMV registration fees. I bought an 02 Banshee last Dec & paid $6150 out the door..which isn't bad considering it retails for $5999. Shop around...you might find a good deal. Later.................

 

If your putting down nearly $3,500 on a $5,200 machine, I don't see the bad credit being an issue. To the bank, you are taking a loan for $1,700 on a new $5,200 machine, so even if you were not able to make your payment, the bank would reposes your machine, and get much more than the $1,700 they loaned you including their lost interest. So, in a situation like that, they will generally take the risk and give you the loan.

You should be fine. A $1,700 dollar loan for 3 years (if you want to go that long) would probably put you around $60 or so dollars a month including taxes.

Damn, looked what you've done, you mad me sound like a Banker!!!!! ahhh!!!

Have fun with the Quad. [img]i/expressions/face-icon-small-happy.gif[/img]

Erik

 

I thought you sounded more like a salesman that works at the bank part-time.[img]i/expressions/face-icon-small-happy.gif[/img]

 

Grademan..

bahahaha.. ya.. maybe I should stop riding Quads and start selling them!! I'll give up the Software Engineer Gig!

haha