How much should I expect to pay for a z400 of yfz450 at the end of its financing term with a $2500 down payment with ok credit, I know it'll be more than the dealers price but I have no experience with financing any sort of recreational vehicle, how much did you end up paying for yours. My dad says our car costs 33K at the dealer, but we'll end up paying 42K at the end so thats why i'm so curious about this.

 

At 10% APR and 48 Mo, it's 7348 total.
At 10% APR and 60 Mo, it's 7600 total.
" 5% " " " 48 Mo, it's 6916 total.
" 5% " " " 60 Mo, it's 7000 total.

That is using 2500 down, and financing 4000, for a total price of 6500 (Assuming YZF). Estimates, but should give you a pretty good guess.

 

WHat did you guys do when you financed?

 

paid cash for 2 of them.... financed one thru the bank..... and I'm going to pay cash for my next one...... hate giving my money away

 

My dad payed cash for my blaster and put his shee on a credit card.

Now he and I both wish he would have just got 2 shee's.

 

I wish i could pay them all at once. I guess i'm gonna have to try and get one of their special offers they advertise on tv, thinkin about getting a white suz400 or orange kaw400 so I know their will be a deal they have.

 

those deals are awful enticing..... make sure you read the fine print... if you dont keep current on your account your interest rate is going to jump to a nice 24.99 %..... also after 2 years the interest rate will jump depending on your credit scores.... most people dont pay any attention to this just see the big print of $59 a month and end up putting themselves in a real tight situation and blemishing their credit for the next 7 years.... just some food for thought

 

What do you mean keep current on your account?

 

keeping current on your account is making atleast the minimum monthly payment each month.... if you dont the interest rates will sky rocket..

 

iwannaatv:

Why not take your $2500.00 and buy a good used atv and save the money you would be using for payments? You could trade the used atv in on a new one when you have cash in hand. Money talks when it comes time to buy. If you are willing to take a new atv that is last years model you can get some very good deals when you have cash.

Many people could increase their spendable income by ten to fifteen per cent just by paying cash and not using credit. Apparently you are quite young and now would be a great time to get in the habit of not giving your money away to credit card and loan company scammers.

If you save $1000.00 intrest costs by paying cash think of the extra mods you could put on your atv. [img]i/expressions/face-icon-small-smile.gif[/img]