When you pay cash for a motorcycle, do you pay it all at once or in installments?

Question

im a college student..so money is a problem....how do i get 13,000$

Answer 1

you can pay for it all at once and as long as you have insurance on it drive it off the lot and never have to do anything else but pay your insurance. you can make a big cash payment down but still you will have to finance the rest before you take the bike of course.

Answer 2

just like a car.  all at once. the cheapest way to buy,

Answer 3

pay it all at once. You'll save the financing fees and interest.

Answer 4

And your in college ??

All at once the other would be method of payments

Another one is you can buy one for cash and give them a check,As long as its good funny huh.

Answer 5

You should already know, didn't you say you have a ZX-14 and that you're "special" cuz you can ride it?

Answer 6

Paying in cash means paying the full amount all at once. Paying in installments requires a loan, and a loan has to be financed through a loan company.

Answer 7

I think you should pay it all at once so you don't have to worry

Answer 8

If you're paying cash, then you aren't paying in installments.

Paying in installents is called a loan which usually has an interest rate which then you will end up paying more for you bike than paying the full amount in cash, check or whatever.

If you can get a loan for 0% financing then that will be just as  cheap as paying in cash.

So unless you have $13,000 in your bank account or sitting around in a pile of money at home, you will have to take out a loan if you need $13,000 and pay the going interest rate.

Answer 9

by cash normally means that you are paying full price,if it means that, get a receipt, if the terms are by instalments find out the interest rate plus any other costs, otherwise you might end up paying much more then what the bike is worth. keep all receipts

Answer 10

You pay for a motorcycle the same way you pay for any other vehicle. If you buy from a dealer, you will either pay the entire amount up front, or finance it. If you buy from a private seller, it's whatever deal you work out.

Answer 11

My bike is financed and well insured but it doesn't cost much to insure it at all and the amount I am financing is very small and quite manageable.

If it were a private seller, some times (rarely) they work with the buyer and work out a payment plan, typically by contract or some type of conditional bill-of-sale (they hold the title, you ride).

Most of the time though, if private, it is all cash up front.

It is probably safer for you to pay up front, especially if it is a cheap. . . cheap price ( a few thousand for example).

Answer 12

all at once