Who pays cash for sleds and toys and who finances??

[Bnorth]

Everything is paid for but it's all old so that's not saying much. Can't justify any new toys until I buy a house.

 

[dvst8r]

If it doesn't make me money, I won't pay interest on it.

 

[Mike270412]

I finance EVERYTHING!!! If I waited till I could afford it the first time I hit the mountains would be when they sprinkled my ashes on a nice slope!

 

[summ-it-up]

i financed my 06 summit in 06. this was a terrible idea for me at that time but hey, i really wanted it and they were willing to give it me, with 0 down even! granted i paid it off in 2.5 years, but holy sh!t did i pay through the nose for that sled.
based on that experience alone i will never finance another toy.

 

[EBE]

Cold hard cash if i can't afford it i don't get it only bill is a house payment.

 

[RXN]

Cold hard cash if i can't afford it i don't get it only bill is a house payment.

Yeah but look what you ride. lol

 

[Bogger]

I just buy old worn out junk...or steal it....way cheaper that way.

And then we buy it from you when your done with it......

 

[funtimes]

my wife got cash, she pays for it and I use it...

Sent from my GT-I9100M using Tapatalk

 

[PJ440x]

Cold hard cash if i can't afford it i don't get it only bill is a house payment.

How about a Cell Phone Bill there Old Balls??

 

[EBE]

Polaris not kitty cats hahaha

 

[RXN]

Polaris not kitty cats hahaha

When your sled makes it off the trailer you ride a polaris,

 

[Big kid 33]

Cash only for toys they sit too much to pay interest

 

[SavageCanuck]

Cash only for things that you can not write off or make you money.Only borrow money to make money.If I don'y have the cash for a toy I simply don't buyit.This year I have house reno's to pay for,My woodstove needs replacing,kitchen flooring and c/tops.I just replaced the Fridge and stove so no toys this year.

 

[Pistonbroke]

Who pays cash for sleds and toys and who finances??

Could have named this thread "I'm super cool because I pay cash for my sleds - I bet a bunch of other super cool people with tons of cash will post soon!"

 

[d mills]

Put what i can down.....finance the rest. Love the sport.....would be riding a 95 summit if i had to pay cash.

 

[EMANAARON]

This one makes me wonder as you talk about getting new investment banker? I don't think there would be one out there that would be telling you to borrow money and buy a new toy.
But maybe that is why the economy is in the toilet and banks have went broke and needed bailing out.
I don't think you will find any bank that will give out money at 3-3.5% for toys.
Just saying!

I have 4% on my line of credit.

It's not that hard to build credit when your young I just turned 21. And the bank will give me whatever pretty much it's stupid.

 

[maxwell]

the only issue with people financing a sled for 5 years is that it lasts about 3. and no one likes paying big bucks for a toy thats worn out. but if you finance something for 5 years and get 5 years of warranty well aint nothing wrong with that.

 

[Summiteer]

Could have named this thread "I'm super cool because I pay cash for my sleds - I bet a bunch of other super cool people with tons of cash will post soon!"

Oooooorrrrrrrrrrr, I don't need to impress everyone with my new iron every year so I buy when I can afford it.

 

[d mills]

Could have named this thread "I'm super cool because I pay cash for my sleds - I bet a bunch of other super cool people with tons of cash will post soon!"

I agree this coulve been the " who has lots of money and snowmobiles thread". As poor as i am financing i still try to donate 100 extra every time i go for 3 days. wether its vale or revy or wherever.

 

[Cyle]

Could have named this thread "I'm super cool because I pay cash for my sleds - I bet a bunch of other super cool people with tons of cash will post soon!"

I'd rather own a $5-7k sled that was paid for in cash, then a brand new one financed. You don't have to be rich to pay for one in cash.

But then again, if your 20 and financing a sled, compared to someone who 40's that's a lot different. I mean someone whos 20s hasn't had a lot of time to build up wealth and will have a lot harder time to have the coin. I wouldn't be caught dead at 40+ financing ANYTHING but a house or something else that will make me a lot of money.

It annoys me when I had a truck payment and paying a bank $150 a month in interest alone.

ch!t I am going to university in the fall, have a house payment to make and will still save up for a sled this summer. Put in an extra shift every week for a summer and there's your sled money. Instead of making someone else rich.