Hey everyone I have a question... I am looking into bikes... I want to get an 05' R6 brand new... the money is no problem... but my prolem is... none of my mom said its ok for me to get a bike, but on the other hand my dad... the Dad all mighty says no... i dont care about that. hah! anyways... I want to get the bike... my mom wont co-sign for me... and I am working under the table and it pays great... what do you guys think i should do? Do you think the dealership would let me buy a bike without any legal proof showing that i work, and somehow have the money to pay for it?

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Gentlemangsr &raquo;</TD></TR><TR><TD CLASS="quote">Do you think the dealership would let me buy a bike without any legal proof showing that i work, and somehow have the money to pay for it?</TD></TR></TABLE>

Man hells no! Most dealerships if not all go through Yamaha's financing to get you your bike. Yamaha don't give a **** about anything that isn't in your credit report.

 

Do you have the money to buy the bike up-front (no financing)? If so, then the dealership won't mind at all (and might even cut you a better deal for cash).

If you're financing, then most dealerships will require someone to co-sign with you. Especially if you do not have documented proof that you have a job (money under the table doesn't exactly say 'stable' to them).

You can...

1) Buy a cheap, used bike
2) Save your money until you can afford the 05 R6
3) Get a friend to cosign (bad bad bad idea)
4) Persuade your parents to cosign with you - don't ask them because you want it. Try to justify your purchase because it will be easy for commuting, saves money on gas, easy to park, etc etc. Also, don't forget to mention to them that this is a GREAT opportunity to build some credit so you can get approved for other things in the future (car...house...)

 

Yeah your only way of getting that new bike is fronting all the money straight up for the bike.

 

fuhq so its gonna take me awhile to get like 8k in cash... just to get the damn bike... im a man on a mission

 

unless i buy used, like i should be doing because im a new rider...

 

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edited my post

 

 

The only reason people will tell you to buy a used bike first is so you don't scuff up a new bike when you drop it. If you want a new bike, **** 'em, get your new bike.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by marmaladeboy &raquo;</TD></TR><TR><TD CLASS="quote">Do you have the money to buy the bike up-front (no financing)? If so, then the dealership won't mind at all (and might even cut you a better deal for cash).

If you're financing, then most dealerships will require someone to co-sign with you. Especially if you do not have documented proof that you have a job (money under the table doesn't exactly say 'stable' to them).

You can...

1) Buy a cheap, used bike
2) Save your money until you can afford the 05 R6
3) Get a friend to cosign (bad bad bad idea)
4) Persuade your parents to cosign with you - don't ask them because you want it. Try to justify your purchase because it will be easy for commuting, saves money on gas, easy to park, etc etc. Also, don't forget to mention to them that this is a GREAT opportunity to build some credit so you can get approved for other things in the future (car...house...)</TD></TR></TABLE>


yeah thx for the help... best option would be #1... my parents dont care... my mom said i can get it, just dont ask for help with it... my dad is gonna flip his lid when he sees a bike at home...and im gonna be in the back with the biggest GRIN

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Gentlemangsr &raquo;</TD></TR><TR><TD CLASS="quote">yeah thx for the help... best option would be #1... my parents dont care... my mom said i can get it, just dont ask for help with it... my dad is gonna flip his lid when he sees a bike at home...and im gonna be in the back with the biggest GRIN </TD></TR></TABLE>

Maybe moving out first would be a better option...?

 

haha the jobs good, but not that good my parents wont kick me out or anything, cuz i handle some of the bills too... but once i get a promotion i will definietley think about moving out. its just i want a bike so damn bad, its about to make this grown man cry.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by hybridreams &raquo;</TD></TR><TR><TD CLASS="quote">The only reason people will tell you to buy a used bike first is so you don't scuff up a new bike when you drop it. If you want a new bike, **** 'em, get your new bike.</TD></TR></TABLE>

i want a new bike, its just gonna take me awhile to save up another 5k... cuz of bills...

 

Well, you mentioned you are a new rider, so perhaps it would be better for you to ge a used bike. A cheap(er) bike would allow you to ride right now, have some money left over for gear and insurance, and possibly even take your parents out to dinner.

 

haha take them out to dinner. Something tells me u had the same problem with your parents before you got ur bike...will insurance ask me if i work also??? i forgot about insurance.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Gentlemangsr &raquo;</TD></TR><TR><TD CLASS="quote">haha take them out to dinner. Something tells me u had the same problem with your parents before you got ur bike...will insurance ask me if i work also??? i forgot about insurance.</TD></TR></TABLE>

Actually, I never told them because I had moved out already. It's a long story how they found out, but they weren't mad because they knew it was my decision. They were just worried about the other drivers out there.

Insurance won't care if you work. Just so you know, since you're still young, full-coverage, or even liability, insurance will be very high. If you were to finance a motorcycle like you had originally asked, then you would need full-coverage. Ask around. My friends have had good luck with McGraw.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by marmaladeboy &raquo;</TD></TR><TR><TD CLASS="quote">

Actually, I never told them because I had moved out already. It's a long story how they found out, but they weren't mad because they knew it was my decision. They were just worried about the other drivers out there.

Insurance won't care if you work. Just so you know, since you're still young, full-coverage, or even liability, insurance will be very high. If you were to finance a motorcycle like you had originally asked, then you would need full-coverage. Ask around. My friends have had good luck with McGraw.</TD></TR></TABLE>

hmmm thx for the tip. my parents r the same way with other drivers... Im 20 years old, and have a clean driving record... i drive a luxury vehicle so... i pay some good insurance money to my parents... so thats gonna stop when i get a bike... and + i paty $65 a week on gas haha i drive a suburban... damn things good on gas, its just i drive a lot... i work 17 miles from my house. so ima have a lot of money left over instead of $$260 a month on gas its $40

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Gentlemangsr &raquo;</TD></TR><TR><TD CLASS="quote">unless i buy used, like i should be doing because im a new rider...</TD></TR></TABLE>

i can't believe you are thinking about a brand new bike when you have never ridden before!

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by detaude &raquo;</TD></TR><TR><TD CLASS="quote">

i can't believe you are thinking about a brand new bike when you have never ridden before!</TD></TR></TABLE>


yup i sure was.... and if i had a legal job, id still get a new bike... Ive never boughten anything used before...and i didnt intend to.. but now lets see how this works out...

 

since when is a suburban considered a luxury vehicle?

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by El Pollo Diablo &raquo;</TD></TR><TR><TD CLASS="quote">since when is a suburban considered a luxury vehicle?</TD></TR></TABLE>

same day i decide that my 1990 civic is one.

to be financed independantly, you typically need about a year at a steady job. i was a bum of 2 years and had to pay cash.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Gentlemangsr &raquo;</TD></TR><TR><TD CLASS="quote">
Ive never boughten anything used before...</TD></TR></TABLE>

what HAVE you bought? Doesn't sound like much. Start small.

 

McGraw gave me the best quote i could find, other than state farm. i'm insured through them with just liability, $200 a year and i never had any experience, no endorsement, and 20 when i got it. they quoted me $1500 for full coverage.
maybe i just seem like a trustworthy guy but the yamaha dealership i bought my bike from didn't require any proof of income, they just suggested to me what number i should say so i could get approved.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by DeLiRiOu5 &raquo;</TD></TR><TR><TD CLASS="quote">McGraw gave me the best quote i could find, other than state farm. i'm insured through them with just liability, $200 a year and i never had any experience, no endorsement, and 20 when i got it. they quoted me $1500 for full coverage.
maybe i just seem like a trustworthy guy but the yamaha dealership i bought my bike from didn't require any proof of income, they just suggested to me what number i should say so i could get approved.</TD></TR></TABLE>

you have a phone number for mcgraw? everytime i try the one on their site, i get nowhere.

 

this is the only number i was able to find on the insurance papers. 800-303-5000
and that's for within cali.
if that doesn't work, you can call this insurance guy for a quote, he's from best value insurance, name is steve, and offers progressive and mcgraw as far as i know. 949-631-8678