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Discussion Starter #1
Hi, Ive been shopping for a smaller lightweight bike. Ive been torn between the CB300 and the R3. Essentially have now or wait til later. The R3 seems promising though. This would be my first riding motorcycle. Im currently build an 82 xv750 Virago cafer.
 

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Welcome to the boards! Yes it is a difficult decision the Honda is a Honda after all, but, the Yamaha just seems technologically superior. Well, prettier at least ;) :D
 

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I think the biggest question is if you are willing to wait. If you live somewhere where its gonna be too cold to ride through the winter months anyway, then you may as well wait and buy the Yamaha.

Welcome to the forum!
 

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Discussion Starter #5
I think the biggest question is if you are willing to wait. If you live somewhere where its gonna be too cold to ride through the winter months anyway, then you may as well wait and buy the Yamaha.

Welcome to the forum!
Thats a good point for some, but I live in Texas. Ultimately its always better wait to save more. And I like things match, so having two yamahas seem to be the better way to go.
 

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Are you just paying the whole amount in cash or trying to get enough for a down payment?
If the former, then it may be good to just look into financing and make payments, good for you credit rating.
 

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Discussion Starter #8
True. I will finance with a down payment. I just don't want to buy a honda now, then 4 months later wished I'd waited. I don't mind the wait. And I'm not very picky. Im sure i would be happy on either bike.
 

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Good move on deciding to do that, good if the end result benefits you, positive credit activity never hurts :D
 

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Discussion Starter #10
Yes definitely. By march ill have about $3000 saved. I also plan on moving into a house later next year as well. So i need as much good credit as I can get. Although only having few payments logged, or even financing a bike in general will do more harm than good.
 

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If I buy the Yamaha, it'll be a year from now. I always buy bikes in the dead of winter. And by then the excitement of this bike will have settled a bit.
 

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Discussion Starter #13
My original plan was buy a bike in febuary. Thats when it's the coldest here, and sales drop, and so do prices.
 

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Same boat as TS since I need the mass to figure out the flaws and recall first lol.
 

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Some people even advocate going with a minimal downpayment and making payments for a long time... that is a good way to go about it too, at least you can show you can be consistent for x amount of time.
 

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Discussion Starter #16
The longer you make payments on time and constantly, the better you help your credit. I plan to pay it off in 12 months, whatever my payments come out to.
 

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The longer you make payments on time and constantly, the better you help your credit. I plan to pay it off in 12 months, whatever my payments come out to.
Exactly.

That's what you ultimately need... to show you can make payments over time, anyone can save up and pay in batches and that means nothing to a bank or some institution you're trying to get a loan from. I guess not many people think about the bigger picture :D
 

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Exactly.

That's what you ultimately need... to show you can make payments over time, anyone can save up and pay in batches and that means nothing to a bank or some institution you're trying to get a loan from. I guess not many people think about the bigger picture :D
But in the end that is going to cost you more money. The banks make money from interest which isn't applied to the sum you pay right off the bat. I don't see why you would spend more on the bike when you don't need to just to improve your credit.
 

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Discussion Starter #19
Credit makes the world go around. If you have good enough Credit, there wont be interest. If you pay minimum payments for 3 years. Youll pay an extra grand maybe two. But if have a 3 year loan amd pay it in half the time. Youll pay only $600.
 

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It all depends on what you want in the end really, for some paying more in the end might be better for them for their long term goals aside from the bike. There's more to this than just the bike, that's if you can see past it
 
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