Monday, August 8, 2011

Financing a bike, What are my chances?

Hey, I'm hoping to snag a Kawasaki Ninja 250cc for my first bike. I'm not sure how easy it is to get approved when it comes to bikes. As for my credit history i think its not in the best place. I am at $13k in debt with student loans. I had a credit card with capital one which I completely destroyed. I maxed it out and it took me some time to pay it off. As soon as i paid it off I canceled it. But this bike out of the door price with freight cost will prob be $4500 and I could drop $1k down payment. I'm a 22 yr old college student worked fulltime for a year after taking off from school. Going back to school in the fall. I know I won't know till i check it them but Id like to know what im getting into. Is it possible for me to finance a bike in my situation? Thanks in advancoo

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