World Superbike Racer
Join Date: Mar 2005
Location: Jacksonville, FL
Thanked 3 Times in 3 Posts
Feedback Score: 11 reviews
Don't know how your credit is but this may be another option.
After I bought my bike I went looking for a credit card, eventually I found one with 0% interest on balance transfers for one year, and a standard rate after that that is still lower than what I was paying for the bike loan. Hopefully before the year is up I will find another card with a similar plan and switch again.
If you were to do this you could lower your payments across the same time frame you are set up with now, or pay the same amount and pay the bike off faster.
More side benefits would be that although not recommended, you could drop the insurance to liability as you will be in posession of the title. Also since the title would be on hand it would be easier to sell in the long run if later determined that was the only option. Good luck.
Last edited by Black05rr; 11-18-2005 at 07:32 PM.