Ordering accessories Snow Check
- Thread starter Fosgate
- Start date
Why would somebody finance accessories anyway?
Why would anyone pre order cash purchased accessories. May sound dumb to finance accessories/mods until you pile it up and GAP pays you the full $4-7k in added access/ mods instead of some salvage company paying you Pennie’s on the dollar. Right now interest is far cheaper, save your cash for more important stuff like deposit in a rental house, hookers and blow.
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Why not?
A surprising number of people will pay cash on top of a trade or just straight cash. They want it all.
My bank doesn't care what I roll into a loan. They just care that it's insured and I make the payments. Insurance will cover anything bolted to the sled.
If I total mine and insurance pays out and I'm still stuck with a payment it's life. I've seen people still owe 10k+ on totaled trucks they were stuck paying for because they were getting cheap insurance.
I've never used Polaris financing, but I'd guess they'll roll all the accessories into their finance program no problem.
Also a way to make sure you have them in season. Doubt I would have a tunnel bad now if I didn’t add to my order. That said - what accessories are you adding that would be over 800 bucks or so? I’d skip the Polaris bumpers and stuff - they feel cheap
On top of what polaris has, Oh you know, SLP Can, Ibexx Scratchers, Zollinger Brake Resevoir guard, NXT LVL Bumper, Skid and another MFG rear bumper, Roxx Hand Guards, CV Lightweight batt kit and battery...list goes on but adds up
Starting from scratch after hanging it up 15 years ago. Need everything including fresh briefs.
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People finance because they can't afford to pay cash. Anyone who says money is so cheap and finances is an idiot. Yeah because cash in the bank taking a 12% hit while paying 6% interest on the loan is way smarter than paying cash ?
You shouldn't be buying the sled period. Work on your investments before you are finacing depreciating assets. You obviously cant afford them yet. And I know that book very well. There is some great stuff in there but that loser has also filed bankruptcy with one of his corporations. I have zero respect for anyone who does that and keeps their lavishly lifestyle. Bankruptcy is for losers period. Don't get me started I already got banned from the Ferrari Chat telling anyone who financed their Ferrari was a wannabe who couldn't afford one ?
Airbnb is crazy for here since 2015. Friends of mine closed their home building business after getting a few up and realize not near the headache. Not having to mess with long term renters for maybe a couple hundred a month profit. Live and enjoy life when your young. My father pinched, invested and built a nice retirement. Within 6 months after retirement ( a second retirement) he was diagnosed with Alzheimer's and their golden days plan was ended right then and there. Lost my father, Uncle and three aunts to that crap. If that's my destiny I'm going to live a little before I face it and get locked up in some VA Hospital somewhere.
Richest people I know don't pay cash.
Finance at 1-3% with a secured loan. Cash is invested in the market making 8-10%.
I can finance a sled at vehicle rates at my bank. It has a title so they treat it like it's just another vehicle.
There's something to be said for the security of paying up front so you don't have to worry about it. However, the guys that have personal tax attorneys and accountants to do the math have things financed.
I figure if I can finance now without hurting my retirement, why not? I could sacrifice all the fun to work 100+ hours a week (and I have) only to get hit by a truck coming home from work. I'll take the little hit financing some things to have fun with my kids and friends before I'm too old and beat to really get after it anymore. Lost 1 parent to cancer at 50, other one is 60 and is in remission. I'm going to live while I can, and build the memories with my kids.
The "richest" people you know. You hit the nail on the head kid. Poor people and "rich" people finance. Wealthy people pay cash. Don't give me this crazy crap about return in the market vs paying interest. It's all BS that people who wish they were wealthy will tell you. You have to pay taxes on gains. 10% in the market won't cover Capital gains tax and the interest you are paying on your loan. Hate to break it to you but Bezos, Musk, and Gates aren't financing snowmobiles ?
Bezoa, Musk and Gates don’t snowmobile. I think we can agree there is more than one way to buy a sled. Dave Ramsay method is not for everyone. Believe me, I’ve known enough financial advisors who roll their eyes when they hear his name mentioned. I use a financial advisor that I ride with and he deals with people who have millions in assets from ranches to hotel chains. Think I’ll take his advise, it’s why I pay him and why I see positive results.
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I thought only rich people build $30 million homes, guess they're just well off.
They're on a different level. $25k to me is $25 mil to them. They finance that **** and use other people's money while they're making money with their cash. Of course they're not financing sleds or cars, that's just a couple weeks pay.
It's a totally different scale, but the concepts still apply.
Why does it seem every thread seem to turn into Chadly calling all us "poor" people idiots and ****. Dude just chill the **** out. take your Ferrari and boost and be friends with yourself. i nor anyone here comes here for financial advice, especially from you.
I'll ask my wife who is right and get back to everyone.
