How to get around needing a co signer to buy a crotchrocket?

Question

How to get around needing a co signer to buy a crotchrocket?

Answer 1

Do a search on the web.  If you have bad credit or no credit there are banks that will finance you,  my credit is completely shot and I just got approved for a $9,000 vehicle by doing searches on the internet.

Answer 2

Pay cash

Answer 3

Try a different credit union.  The agency my dealership used wanted me to get a co-signer, so I shopped around & found a credit union that gave me a better APR & didn't require me to get a co-signer...they are all different.

Answer 4

I will probably get flagged for posting this answer, but perhaps the need for a cosigner is a warning sign that this is not a wise purchase.  

Consider putting off the purchase of a new motorcycle until your financial situation is more stable or you are older.

Answer 5

pay cash...

that's how I did it...

BTW, it's called a "sport bike", the only people who say "crotchrocket" are either g*y, old, or redneck...

Answer 6

pay cash or have a big down payment

Answer 7

There is no way if  you do not  have money maybe this means your to  young and inexperenced.

Answer 8

PAY CASH.............

Answer 9

What ever you do, don't sign your life away.

If you want to finance, you'll have to shop around.  If you have money, get into a credit union.  That may help.  Do you have other collateral you can present?  What many institutions are afraid of and well familiar with, is if you get injured to the point you can not work/provide for self or if you get killed, they still have an obligation to make their money back of at least what was owned out.  They don't 'own' that money and belongs to a multitude of people (investors, people with bank accounts, etc).

Try GE Money:  http://www.gemoney.com .  I financed my bike through them, no cosigner was needed but my credit was in decent shape and my bike was only about $4500.

Answer 10

If you're having trouble getting financed just to buy the bike, you might want to see if you're going to be able to afford the insurance first.

Answer 11

save your money!it looses it value the minute you sign the paperwork buy a used one cheaper.pay cash.

Answer 12

~pay 100% cash

~have atleast 50% down pay

~get loan from your bank and pay off 100% at dealer with bank check

~buy a used buy on ebay, cycletrader, craigslist