SilvrT
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Everything posted by SilvrT
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We recently returned from a 9 month trip across Canada and the USA. 6 months of that was south of the border. What really frustrates me is many of the gas stations would not accept my CC card at the pump. I'd either have to go inside and have it authorized or use my debit card ... which would work at the pump. I preferred to use the CC as it gives me cash back at most places.
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I wave .... when I feel like it.
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I pay at the pump and yes, it concerns me a bit. Back in November my CC got "hacked" and there were over a hundred bogus charges against it, all to the same company and most of the charges were for the same amount. I check my accounts on-line every day and sometimes twice a day. When I saw those transactions I immediately called my CC company and told them about it. They cancelled my card, reversed the charges, and sent me a new card, no problem. It pays to do on-line banking and check your accounts regularly. This is not the first time this has happened over the years but if you're on top of it, you're CC company will come to the rescue.
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... with ENVY !!! All this chatter and pics about the new "Venture" are just making me sick coz yer all making me want to get one sooooooooooo bad!! But I can't ... wwaaaahhhhhhhhhh ... need my money to buy a house .... now if I hadn't gone and spent 30 G's :mo money:on a 9 month road trip with the 5er ....... oh well ... as the saying goes ... SH$T happens LOL Yup, she's a drop dead gorgeous machine an y'all are so fortunate to now have an amazing bike. Good on ya now get out there and rack up those *SMILES*
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That is known as Consignment. There are consumer protection laws here that make it very difficult for a car lot or dealer to be involved in vehicle consignment. I just called a few dealers locally as well as a used vehicle dealer and they all said much the same thing. Basically it's not worth their while to do it.
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I get what you are saying; however, the dealer is simply buying inventory with the trade and all the dealer really has to pay, out of pocket so to speak, is the interest on the inventory. His financial backers carry the money, not the dealer. In the case of yours, I'd guess his credit limit has been reached and therefore he has to do these "shady" dealings.
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@American ... well I beg to disagree simply because I have done, in the past, many deals where a trade was involved that had an existing loan. Further, I have also worked in the vehicle sales and leasing biz and that is how things are/were done. My last one was in 2013 when I traded my Gold Wing in on my 2013 Victory. TD Finance bought the contract and paid off my existing loan on the Wing. The dealer got his money for the difference, got the wing free and clear, and my existing loan at Royal Bank was paid out by TD Finance. This is how it's always been done in any similar dealings I've had. What goes on in your neck of the woods is obviously not the same. In any event, so sorry you got caught up in this B/S and hoping it all works out for the good for you.
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Yes, I understand it's rolling over the balance owed into the new loan; however, is it not the finance company's responnsibility to disburse the funds accordingly because it is them who are buying the contract and in doing so, they are taking over the contract on the trade? They pay off that contract to the original lien holder and put a lien against the new item for the entire contract amount. That has always been my understanding. Doing it that way ensures that the dealer now has a lien free vehicle to sell. Rolling over the balance into the new loan is a common practise since it quite often results in the buyer walking away with a new vehicle with a better repayment plan and a single loan. That being said I guess things change as it's been a long time since I've traded something in that I still owed money on.
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Strange way of doing it ... at least for around here ... they generally finance the entire deal including the payout of the existing loan. eg... New vehicle: 30,000 Trade: 10,000 Sub Total: 20,000 Lien Payout: 8,000 Bal to Finance: 28,000 That's how it works or should work when you trade something in. So you're telling me (or should I say "us") that they financed only the difference between the price of the new bike and the trade value of your Harley? And you now have 2 loans ... 1 for the Harley and 1 for the new bike ?
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We sold the Kaw before we left Florida .. couldn't trailer it behind the 5th wheel. I like the looks of the Voyager. Wife and I tried one out when they first came on the market ... didn''t like it ... vibrated under load and no room for the wife. I think they've cured some of that since. Not sure if I'd go for one though as I'm more into the cruiser / bagger style now. Yes, second pic is what I had in Florida.
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Not to mention the various in-line 4's, boxers, and 2-strokes I've had over the years, the 4 bikes leading up to when I bought the Victory were '85 VR, '87 VR, '06 RSMV, and '03 Wing. All were great bikes and served their purpose but during all those years they just felt like "smooth touring bikes" and not so much like a "motorcycle". I had a longing for a Harley. Rode many of them at demo days but just couldn't bring myself to shelling out that much money. Even buying the Victory brand new was a tough decision but at least it was 10 grand less than a comparable Harley. I'd test rode the Victory 3 or 4 times over a period of 2 years before I made the decision to purchase. At that time I had my wife come with me on a test ride and when we returned and got off the bike we looked at each other and said "now THAT is what a motorcycle feels like!" We both like the feel of it, the sound of it, the nimbleness and handling, and the power. Yeah, that "low-end" torque! I traded my '03 Wing in on it and never looked back. Once the bike was broken in (takes around 5,000 km on those Vics) the engine really came alive and then I added some performance goodies including D&D mufflers and from then on we simply loved riding that bike like no other. Just prior to selling the Vic we bought the '05 Road Star. Great bike and it had all those "things" that made it feel like a "motorcycle" ... sound, low-end torque, easy to handle, etc. During those years our desire for long-distance touring waned and even though the Vic was great for touring, we found that just wasn't our "thing" any more. While we were tripping around Canada and the USA with our 5th wheel we spent 2 months in Florida and bought the '05 Kaw Nomad there. Again, great sound, low-end torque, easy to handle, and just a fun bike to ride and fits our riding style. I guess in a nutshell our riding style has changed and a V-twin is what works best for us now. Really really liked the Kaw Nomad ... will probably get another when the time is right.
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How does it compare to the RSV for power ?