terret725
New member
i wanna snow check a phazer rtx im getting a smokin deal on it but got denied for the yamaha financing because i have never had a loan or credit card. now comes the question should i or shouldn't i snow check for 300 bucks and hope i can get a loan threw the bank by October or wait ill i confirm i will get the loan but lose the 600 bucks cash back and the extended 3 year warranty 1200 buck value?
what would u guys do? i have till 4 tomorrow to make up my mind.
what would u guys do? i have till 4 tomorrow to make up my mind.
terret725
New member
come on guys need some opinons
bluehammer
New member
If you can snow check without yamaha financing, I'd say do it. If you don't have many bills, apply for a couple of credit cards and use them this summer. Pay them on time. That will allow you to establish credit and then you should qualify for the Yamaha card this fall or a loan at your local bank.
No way no how would I do the yamaha financing. read the small print on that 0 down 0 interest crap. you screw up once and your at 25% interest. you would be much better off finding a co-signer and taking out a personal loan from a bank. IMO
Take a loan from the bank with a co signer, PAY ON TIME, and enjoy your sled.
terret725
New member
i dony have some one to co sign right now thats the problem. and im not sure if i should put the 300 down on just the chance i might gte a loan
terret725
New member
well i put my 300 down. so well see how it goes from here. im gonna get a credit card and use it for just my gas and establish some credit and then save up as much as i can. also my god father said hed buy my sled off me in september if i dont sell it buy then and he will help me get a loan or cosign for me if i cant get it on my own.
Most dealer have preferred banking branch loans as a kick back to doing their own banking and they should do all the leg work for you as well as get preferred insurance quotes. It's a sell for them...I walk in to my dealer and said I want that were do I sign and that's it, they get my info and then I get a call to go back and sign moor paper, give proof of employment and then they tell me what bank offered the best rate and same with insurance...Just some info for ya...cheers & good luck, oh by the way there is nothing like snow checking a sled and then waiting for it to come in 