You are right in many ways. I dont know much about the financial situation in Canada but 9% interest is pretty high and you seem very grounded from what you are saying.
I would look around for a better interest rate, or plan to it off early.
Good Luck!
Thanks! Yeah the reason I set those things rather high is I want to be realistic, and I'm sure we have all learned a lesson when too many times we might expect better than we will actually get, and reality kicks in and leaves you disappointed. Hope for the best but prepare for the worst. By the time I can even get a 1299, they will have been out for 1 or 2 years, so hopefully MSRP on it comes down a bit, or maybe I can get a deal on a older model.
Paying off early would be great, currently no gf or kids or anything, 26 this July, I'll get that KTM and if I really love riding, I'll get the 1299 base or S next, hopefully will be able to keep the KTM as well.
9% interest is ridiculous. Don't do it man, you'll be making payments during the winter (8months) on something that you can't even use. You can get a Line of Credit from your bank for way lower.
Grind your dealer in calgary, you can get them down to $22k otd. I don't judge anyone, but my theory is with toys if I can't pay it out right I don't need it. Get the 390, you'll have more fun riding a slow bike fast than a fast bike slow!
I totally feel you on that, and its something I thought about, but due to my current situation, no kids or massive responsibilities I think I can afford to have a little fun, and for sure, I doubt I'd honestly pay 30k, even if it meant going up to edmonton or buying out of province, I'd do what I could to get a better deal haha.
And yeah, the 390 looks like a blast, accelerates faster than most cars and still can hit about 180kmh, so plenty fast for me to start out with, not to mention more torque at its lowest point than the cbr300, ninja 300, and r3 at their max.
I usually put a nice chunk down and then just pay it off early (keeps my credit rating at almost 840), I got 5.5% through VW finance which isn't great, but not terrible. Life is short, get something that makes you happy - this bike puts a huge smile on your face.
You get what ya get I guess, gotta prepare to not get what you want. But yeah, I figure the same thing. I'm in a position where I can perhaps go with what I want even though its no exactly a great choice financially. You only live once, as they say. Do what makes ya happy.
I'd love to have one of those. Not as a "instead-of" but as an addition to my 1199. Small displacement bikes have their own unique fun factor.
But I've been told the RC390 is all sold out this year for N.A.
I'd love to be able to keep it when I get that 1299 in a year or 2. But who knows. It sure looks like a really fun bike. And I'm sure being able to gun it and just ride balls to the wall on something that small could be more fun than riding the 1199 at half what it can do!
