Inflation is out of control

Ducati Forum

Help Support Ducati Forum:

SuperDomestique said:
Love the reference! The guy has so much panache. It brought me joy seeing him tear the legs off Q(anon) Simmons on Stage 6.



From an affordability and practicality sense, Ducatis are THE WORST bike to own. There are motorcycles that are arguably better in performance, price, and reliability. If you're worried about inflation, maybe a Honda or Suzuki is a better fit.
Click to expand...


Not sure who's actually worried about inflation, affordability or practicality in this thread. I view bikes the same way as I view my pets. Lots of enjoyment and lots of bills... thats the deal. The bikes have the "plus point" of being disposable.
 
bp_SFV4 said:
Nah, just don't have kids. Your bike budget goes through the roof.
Click to expand...
Indeed, not to mention the most important commodity, time. I give a big thumbs up to everyone out there doing it right that have kids, ass kickers for sure. As far as ownership and acquisition of things, financing is big consideration. I was raised to buy what you could afford and if you couldn’t, you didn’t get it. Except for real property and daily driver automobiles which we lease,

I’ve never financed anything. There are a lot of Americans who don’t own the shoes on their feet, the bank owns them at 18%. Crazy is looking around at all those RVs and boats that are financed sitting in storage facilities. The acquisition of “things” people can’t afford is rather staggering. As far as worrying about inflation, if you’re worried about anything you simply didn’t use the plethora of prior examples people have presented and failed to plan accordingly.
 
It's not really about being able to afford something or not if someone chooses to finance a depreciating asset.
For most people who CAN afford a nice car or motorcycle, it makes more sense to finance something with super low to no interest rather than dishing out a lump sum of cash. Now of course if you have 7 or 8 figures in the bank or wherever else, then obviously this method means .... to you. For the rest of us, 25k, 50k or 100k cash would go a long way and can do more with that and pay a tiny bit of financing interest rather than that amount being gone at once. Long as i get 2% or less, I'll always finance and keep my lump sum of cash for other .....
 
Agree however I would say 90+% of the time as good as that sounds, it isn’t being used. Sounds great to say “ well I’ll just finance at a low rate so I can use my cash reserves strategically” reality is most Americans simply don’t have cash reserves and financing is the only means to acquire more things they can’t afford and when they do have a financial hiccup, the mailbox fills up with nasty snippets. Personally, I can’t stand indebtedness, not even for a meal. Drives me batty.

Lastly, with a cash purchase, you eliminate the onset of buyers remorse or the newness wearing off. On our auto leases, I pay the entire lease payment for the term up front. That way 6 months down the road after the new car smell wears off I’m not staring a payment in the face reminding me that the honeymoon is over.
 
I view bikes as more or less disposable items, once Ive bought it the money is gone and its worth pretty much nothing on resale so anything upwards from zero is a win.... c'est la vie. Paying cash may not be smart but it relieves me of caring about what happens that may affect resale and I can do what I want to it, the last bike I sold way under market value because the buyer loved it but didn't have the number so I made it the right number because that's how I felt on the day. To me thats freedom and Im big on that, no debt gives you options that financing emotionally distances you from.

As for inflation, its a sign that economists and govt know .... all about .... all, everyone is an expert after the fact.
 
One could say Jimmy Carter was the inventor of the locking gas cap.

Before plants had lignin, Mother Earth was covered with moss which is now oil.

Drill baby drill is the solution. Beats the .... out of whale blubber.
 
CSV4 said:
trying to follow the reasoning but my brain imploded
Click to expand...

What he said was at some point millions of years hence the sun will turn into a gas giant and humans will be long gone, there will be no life whatsoever or anything to remember it ever having existed. All the ........ we think is important now is less than meaningless and a complete waste of time so lets go riding while its a thing :)
 
Paul G said:
What he said was at some point millions of years hence the sun will turn into a gas giant and humans will be long gone, there will be no life whatsoever or anything to remember it ever having existed. All the ........ we think is important now is less than meaningless and a complete waste of time so lets go riding while its a thing :)
Click to expand...

And That is why I bought a R, thank you...The whole sun thing...
 
1658510470293.png
 
Paul G said:
What he said was at some point millions of years hence the sun will turn into a gas giant and humans will be long gone, there will be no life whatsoever or anything to remember it ever having existed. All the ........ we think is important now is less than meaningless and a complete waste of time so lets go riding while its a thing :)
Click to expand...

I'm stealing this. Thank you.
 

Similar threads

S
For Sale 2017 1299 base - complete part out (second thread)
2
Replies
26
Views
970
SirJAG
S
S
  • Locked
SOLD! 2017 1299 base - COMPLETE PART OUT
2
Replies
36
Views
1K
SirJAG
S
duc
2024 Ducati Diavel V4 Bentley Mulliner Pictures & Info
Replies
3
Views
643
duc
duc
duc
World Ducati Week 2024 at Misano World Circuit & Adriatic Riviera
Replies
1
Views
271
panibadboy
panibadboy
M
  • Locked
SOLD! 2020 Panigale V4 Base 10K LOADED *Full Akra, S Wheels, DP rearsets, carbon fiber everything, Pro-ti hardware, RCS19 $22,500 NJ
Replies
4
Views
484
Steven31371
Steven31371

Register CTA

Register on Ducati Forum! This sidebar will go away, and you will see fewer ads.

Recent Discussions

Back
Top