-
There were many reasons for the change of the site software, the biggest was security. The age of the old software also meant no server updates for certain programs. There are many benefits to the new software, one of the biggest is the mobile functionality. Ill fix up some stuff in the coming days, we'll also try to get some of the old addons back or the data imported back into the site like the garage. To create a thread or to reply with a post is basically the same as it was in the prior software. The default style of the site is light colored, but i temporarily added a darker colored style, to change you can find a link at the bottom of the site.
FINANCING THE SPYDER
- Thread starter Derwin
- Start date
Yep, that's what the dealer just told me. I just received an email from him, and he now said that he can put it through GE, but it would be 9.9%. Heck, that's fine with me! I plan on paying it off really fast anyway.
Hmmmm. I MAY just end up with a Spyder after all..... but I don't "bet" on it. It won't be a "done-deal" until the thing is sitting in my drive!
Derwin
Rando
New member
Hey Derwin, do you meet any of these requirements? If so, I know where you can get a loan for 4.75%
Employment Eligibility
The charter states that the field of membership is limited to those having the following common bond:
1. Employees of entities engaged in the Air Transportation Industry who work in the United States, meaning:
2. employees of this credit union;
3. persons retired as pensioners or annuitants from the above employment;
4. spouses of persons who died while within the field of membership of this credit union;
5. members of their immediate families and households;
6. organizations of such persons, and;
7. corporate or other legal entities in the charter.
Employment Eligibility
The charter states that the field of membership is limited to those having the following common bond:
1. Employees of entities engaged in the Air Transportation Industry who work in the United States, meaning:
- employees of airlines;
- government employees who work directly in the administration, regulation, or security of airlines, airports, or air transportation; and
- employees who are located at an airport if they work directly with:
- air transportation of freight
- air courier services
- air and air transportation support and services, for example, janitorial services, airport baggage handling, aircraft cleaning, maintenance and repair services, and runway maintenance services; and
- on-board airline food services.
2. employees of this credit union;
3. persons retired as pensioners or annuitants from the above employment;
4. spouses of persons who died while within the field of membership of this credit union;
5. members of their immediate families and households;
6. organizations of such persons, and;
7. corporate or other legal entities in the charter.
LittleJohn
New member
My dealer would finance, but I thihnk it was totally seperate from BRP / CanAm. High rates too.
Greg H.
New member
For me, going with 9.9 was fine for long term. The Credit Union or Bank won't go the distance. And, my note isn't bad, of course. I will be paying off early though. It worked out fine. :thumbup:
The Saga Finally Ends
Well, folks.....I guess the Saga has finally ended. I was just informed that my credit application was declined....even with putting $10,000 cash down on the order. I guess I just have too many things "in hock" right now for them to consider this loan. It's really surprising to me, though, since over half of the thing would be paid for. I just don't understand it.
Now Brett Cosich, the dealer, asked me if I want to "officially" cancel my order. He said the he would then try to find a person to take my place in line for the SE5, and he would then be able to refund my deposit. Seeing that I was told by an employee at brp that I am ONE OF THE VERY FIRST people to place an order for the SE5, I will be one of the FIRST to be getting it. Actually, he said my SE5 would be delivered in August, but I wasn't supposed to really divulge any details.
So, if anybody wants an EARLY delivery of the SE5, you can take MY PLACE in line to get it. But please TELL ME ABOUT IT, so I know the dealer is being straight with me. I don't want to lose my $1,000 deposit.
Anyway, it's been fun interacting with all of you. It's really too bad. I was really looking forward to sharing my experiences with all of you once I had the Spyder. I'm gonna stop now.....I'm getting a bit depressed over this.
Take it easy....and have fun.
Derwin
Well, folks.....I guess the Saga has finally ended. I was just informed that my credit application was declined....even with putting $10,000 cash down on the order. I guess I just have too many things "in hock" right now for them to consider this loan. It's really surprising to me, though, since over half of the thing would be paid for. I just don't understand it.
Now Brett Cosich, the dealer, asked me if I want to "officially" cancel my order. He said the he would then try to find a person to take my place in line for the SE5, and he would then be able to refund my deposit. Seeing that I was told by an employee at brp that I am ONE OF THE VERY FIRST people to place an order for the SE5, I will be one of the FIRST to be getting it. Actually, he said my SE5 would be delivered in August, but I wasn't supposed to really divulge any details.
So, if anybody wants an EARLY delivery of the SE5, you can take MY PLACE in line to get it. But please TELL ME ABOUT IT, so I know the dealer is being straight with me. I don't want to lose my $1,000 deposit.
Anyway, it's been fun interacting with all of you. It's really too bad. I was really looking forward to sharing my experiences with all of you once I had the Spyder. I'm gonna stop now.....I'm getting a bit depressed over this.
Take it easy....and have fun.
Derwin
TonyMac
New member
Anyway, it's been fun interacting with all of you. It's really too bad. I was really looking forward to sharing my experiences with all of you once I had the Spyder. I'm gonna stop now.....I'm getting a bit depressed over this.
Take it easy....and have fun.
Derwin
Derwin. I've watched a number of your posts where you go back and forth canceling your order, not canceling it, etc. Now that your within a month or so of delivery I hope a financing issue doesn't derail you. There's more than one credit union out there. You may wind up with a slightly higher rate but I have to think whatever passion made you want to place one of the first SE5 orders is still burning.
Hang in there brother! :2thumbs: I'm sure you can work it all out
Thanks for the encouragement, I really appreciate it.
But now it is simply out of my hands. The fire is still burning, but I just had 3 places turn me down....irregardless of the interest rate. I just have too much stuff on my credit right now, and they don't want to handle me, even with me putting $10,000 cash down on the purchase.
So, it's not pulling out now.....it's me not having the total price or credit to get it. Sorry I put all of you through the agony of reading my posts over the past 7 months or so.
The only thing left for me to do now is either find someone to take my place in line for the SE5, or try to scratch up the remaining $7,000 needed to pay for it in full. The latter does not seem likely, but I'll try. :thumbup:
Derwin
Brett at Lake Effect Powersports in Benton Harbor, Michigan took my application and sent it into GE Finance. I guess they have a deal or something with BRP. I don't know, maybe all the dealerships don't know about it......or MY dealer was lying to me! But I don't know why he would.
Derwin
Smylinacha
Yellinacha
Try GE finance
That was the first one who accepted me - it was a higher rate and I would have gone w/ it if my credit union didn't come thru - give it a shot - whaddya gotta lose?:2thumbs: Hey you can always put the balance on a credit card and then do a balance transfer to a lower rate later on.
That was the first one who accepted me - it was a higher rate and I would have gone w/ it if my credit union didn't come thru - give it a shot - whaddya gotta lose?:2thumbs: Hey you can always put the balance on a credit card and then do a balance transfer to a lower rate later on.
Vehicle loans are some of the easiest to get. Your putting down over 50%. Just go to any large commercial bank...i.e.. wachovia, BoA, Citi, Chase - they offer financing for vehicles including motorcycles. But dont let them run your credit until you are sure it will go through after speaking with the loan officer.
You go back and forth a lot. You need to stick to you decisions and follow through. Worst case scenario, put 7k on a credit card and transfer balances to 0% for a year and try and pay it off or switch it again to another Credit card. Good luck.
You go back and forth a lot. You need to stick to you decisions and follow through. Worst case scenario, put 7k on a credit card and transfer balances to 0% for a year and try and pay it off or switch it again to another Credit card. Good luck.
I appreciate all of the positive feedback. But it seems no bank or credit union will let it go through. I am actually putting OVER 50% down. I have $10,000 CASH to put down on this thing, but nobody is willing to finance it. I guess I am just too "stretched" for any bank or cu to take a chance.
Believe me, I'm not a happy camper.
Derwin
Believe me, I'm not a happy camper.
Derwin
scottmanesis
New member
Yup that Debt to Income is the major hurdling block for many people even if they are current and have a good score. I just got an offer on my house today that is only 3 grand less than our lowest acceptable offer....we counter offer tommorrow...if all goes well I will be getting our SPyder delivered soon......don't want debt at all....spent too long to get debt free to be talked into any "write offs" etc as an incentive to be a slave to the banks.
You never know what could happen tommorrow and with todays turbulent economy that holds more truth than many people realize........debt is the last thing anyone should be trying to get into right now......we talk about the price of gas alot here...........have you noticed your grociery bill lately??? I believe we are at the beginning of something worse than the Great Depression althought I try to remain positive, when you make money out of thin air like the Federal Reserve Debt note it has to end one day and that day is rapidly approaching.
Sure glad I never used my house as an ATM and my parents taught me well to save for the things I want.......paid cash for the house and everything I ever owned other than a couple of 0 percent cards that I pay at the end of every month.....and just got rid of the NOOSE that the Harley had on me at 600 bucks a month when I was offered the payoff to sell it.....I took a loss as I put down several thousand dollars but I am cool with it......now if I could just find a way to get around the tax man noone could ever take anything from me for any reason.
BTW I am only 36 and although some of my peers SEEM to own more than me , it's more like the banks own more of them. I feel pretty good about semi retirement already and cannot wait to hit the road with our RV.
You never know what could happen tommorrow and with todays turbulent economy that holds more truth than many people realize........debt is the last thing anyone should be trying to get into right now......we talk about the price of gas alot here...........have you noticed your grociery bill lately??? I believe we are at the beginning of something worse than the Great Depression althought I try to remain positive, when you make money out of thin air like the Federal Reserve Debt note it has to end one day and that day is rapidly approaching.
Sure glad I never used my house as an ATM and my parents taught me well to save for the things I want.......paid cash for the house and everything I ever owned other than a couple of 0 percent cards that I pay at the end of every month.....and just got rid of the NOOSE that the Harley had on me at 600 bucks a month when I was offered the payoff to sell it.....I took a loss as I put down several thousand dollars but I am cool with it......now if I could just find a way to get around the tax man noone could ever take anything from me for any reason.
BTW I am only 36 and although some of my peers SEEM to own more than me , it's more like the banks own more of them. I feel pretty good about semi retirement already and cannot wait to hit the road with our RV.
Last edited:
If your credit is good, look for checks from your credit cards in the mail. They send me pretty good offers on cash advances. I have seen 5.9% fr the life of the loan. They might charge a transaction fee of 3 % with about $150 max, but you can negotiate with them to waive it. Sometimes they offer a 0% introductory rate for like 6 months, you can get that, mark your calendar and in 6 months transfer the balance to another card and pay as much as you can every month. I got a call from the dealer today,they said I should get the SE5 in a few weeks.
Los Angeles, PLaced the order 11/07
Los Angeles, PLaced the order 11/07
Last edited:
Actually, I intend on paying CASH for the Spyder. All I need is $6500 more. That's not a whole lot of money. I actually have over 2 months to come up with it, so it may indeed be possible.
I really like paying CASH for things that I get also, but SOME things it's really not possible to pay cash for. This Spyder SHOULD be paid for with cash, now I just have to scratch that cash up! That mean work, work, work......or in my case....Sell, Sell, Sell! Anybody interested in the new 3 wheeled scooter I'm selling?.... www.FlyTheRoadNow.com
Only $2995 for this futuristic vehicle! Sorry, Lamont, for this shameless Ad, but I'm desperate! 
pps:Derwin
The TOTAL cost is only $2995 out the door (plus shipping, of course!). If you pick it up in the Chicago area, there is no shipping charges, or taxes. Not bad for this vehicle. Heck, it even can be used in the snow!:
I am expecting my shipment of vehicles to arrive in about 25 days. They are coming directly from the factory overseas. So, if you are picking it up here in Chicago, you would be getting it in about that time. But add about a week or so to that if you need it delivered to you.
All the units I have coming in are already sold, except for 2 of them....a Silver and a Black unit. You can go to this website and watch the video: www.FlyTheRoadNow.com . They are really unique little vehicles for popping around town.
If I sell the 2 units that I have left in this shipment, I will be able to get my Spyder SE5. So if anyone can help me out, I would REALLY appreciate it!
Derwin
I hope Lamont doesn't mind me posting this. But I am really needing to sell these 2 units in order to get my SE5.
Last edited:
Similar threads
