Go Back   Two Wheel Fix > General > Off Topic

Reply
 
Thread Tools Display Modes
Old 01-04-2011, 12:31 PM   #21
Homeslice
Elitist
 
Homeslice's Avatar
 
Join Date: Nov 2008
Location: SF Bay Area
Moto: Gix 750
Posts: 11,351
Default

And screw full coverage for any car worth less than $5K........IMO
Homeslice is offline   Reply With Quote
Old 01-04-2011, 12:36 PM   #22
Homeslice
Elitist
 
Homeslice's Avatar
 
Join Date: Nov 2008
Location: SF Bay Area
Moto: Gix 750
Posts: 11,351
Default

Quote:
Originally Posted by OneSickPsycho View Post
HOWEVER, at the end of the lease I will only owe approximately 2/3 of the trucks value if I do decide to buy it, leaving me in good shape if I decide to sell it later...
2/3 of the original asking price?

Seems to me that most vehicles will be worth less than 2/3 after 5 years. I would say most vehicles drop to 2/3 after only 3-4 years.
Homeslice is offline   Reply With Quote
Old 01-04-2011, 02:41 PM   #23
Porkchop
125GP Champion
 
Porkchop's Avatar
 
Join Date: Aug 2008
Location: Worthington, OH
Moto: Empty Garage
Posts: 3,418
Default

Quote:
Originally Posted by Homeslice View Post
And screw full coverage for any car worth less than $5K........IMO
Ya I know. I almost didn't do full for the next 6 months, but I did. If I have to replace the tranny, the full coverage is gone.

I have a lot more people to reply to, but doing it on the phone is kinda hard.
__________________
*Coming soon?
2010 Ducati Monster 696 - Sold
1984 Honda VF500F - Sold
1999 Yamaha R6 - Sold
Porkchop is offline   Reply With Quote
Old 01-04-2011, 03:29 PM   #24
pauldun170
Serious Business
 
pauldun170's Avatar
 
Join Date: Nov 2008
Location: New York
Moto: 1993 ZX-11 2008 CBR1000rr
Posts: 9,723
Default

Generally speaking, the best option is to buy AL\Tiggers Bonneville, immediately sell it for market value and then use the proceeds towards the purchase of a 2-4 year old second hand car and drive it 10 years.
__________________


Quote:
Originally Posted by Dave View Post
feed your dogs root beer it will make them grow large and then you can ride them and pet the motorcycle while drinking root beer
pauldun170 is offline   Reply With Quote
Old 01-04-2011, 03:55 PM   #25
OneSickPsycho
Ride Like an Asshole
 
OneSickPsycho's Avatar
 
Join Date: Feb 2008
Moto: nothing...
Posts: 11,254
Default

Quote:
Originally Posted by Homeslice View Post
2/3 of the original asking price?

Seems to me that most vehicles will be worth less than 2/3 after 5 years. I would say most vehicles drop to 2/3 after only 3-4 years.
No, not the original asking price, the current value. In other words, the truck will be worth somewhere around $17k and I will owe somewhere around $11k. That's based on current value of the same truck only a couple of years older (and my lease runs out in a couple of years)...
OneSickPsycho is offline   Reply With Quote
Old 01-04-2011, 03:56 PM   #26
tallywacker
Virtual Machine
 
tallywacker's Avatar
 
Join Date: Mar 2008
Location: PA
Moto: 2010 Ducati Hypermotard
Posts: 1,698
Default

__________________
tallywacker is offline   Reply With Quote
Old 01-04-2011, 05:43 PM   #27
Tsunami
Pug Queen
 
Tsunami's Avatar
 
Join Date: Dec 2008
Location: Las Vegas, NV
Moto: DR200, SV650
Posts: 2,486
Default

If you have low deductibles just have someone steal your car
Tsunami is offline   Reply With Quote
Old 01-04-2011, 05:50 PM   #28
Amber Lamps
Moto GP Star
 
Join Date: Mar 2008
Posts: 14,556
Default

Quote:
Originally Posted by Tsunami View Post
If you have low deductibles just have someone steal your car
I live in a college town and have avoided several accidents and thought, "I wish I was driving the Bonneville..." Blue Book was around $4,000 last I checked.... BTW I have full coverage as well, it's $200 every six months.
Amber Lamps is offline   Reply With Quote
Old 01-04-2011, 06:50 PM   #29
Kaneman
AMA Supersport
 
Kaneman's Avatar
 
Join Date: Nov 2008
Location: Odessa, TX
Moto: 2000 Honda CBR1100XX Blackbird
Posts: 4,931
Default

Damn....if you don't do it I might have to buy that Bonne. How many miles?
__________________
1982 Honda XR80 - blown motor, 1993 Kawasaki ZX6D - sold, 2001 Suzuki Bandit 1200S - sold, 1984 Honda Magna - sold, 2001 Kawasaki ZRX1200R - blown motor, 2007 Suzuki DL1000 V-Strom - totalled, 2003 Yamaha FZ1 - sold, 1994 Honda Magna - sold, 2001 Honda CBR600F4i - sold, 1998 Suzuki DR350 - stolen, 1989 Honda Super Magna - sold, 2007 Yamaha Stratoliner, 2000 Honda CBR 1100XX Blackbird
Kaneman is offline   Reply With Quote
Old 01-05-2011, 05:57 PM   #30
Gas Man
Trip's Assistant
 
Gas Man's Avatar
 
Join Date: Feb 2008
Location: Imported from Detroit
Moto: 2009 HD Street Classic
Posts: 12,149
Default

That is a damn clean car for $2k AL
__________________
-Chris



"Why pay somebody else to fuck up your bike?"
Run Amsoil Product
Gas Man is offline   Reply With Quote
Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 07:26 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.