Bankruptcy friendly methods for buying a motorcycle?

[MyDataMyChoice]

https://www.lendingtree.com/auto/motorcycle/

[Anonymous]

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@MyDataMyChoice wrote:
https://www.lendingtree.com/auto/motorcycle/

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Maybe success with Lightstream?  Quoting me 3 years 36 months at 4.69%.  Crazy if I got approved at that rate.  Apparently that is the lowest rate.  For anyone using Lendingtree they just offered me a crappy loan at 20% interest from Lending Club and a Possible 4.69% rate from Lightstream/Suntrust.  Says it can be higher.

[Anonymous]

Yeah, lightstream was a fail.  What can anyone tell me about Freedom Road Financial?  Any other Credit union/small bank ideas?

[twono]

Lightstream is very conservative as well.  I got a SOFI and Lending Club loan when Lightstream wouldn't.

I asked this earlier, but you didn't give a reply...What kind of bike are you buying?  and is it new or used?  

If it's a Harley,  they should finance you quite easily.  If it's a sportbike/jap bike/cruiser, the dealer should finance you through their mfg financing dept's.  Depending on the bike,  we would be able to get you headed in the right direction.

I'm a long time motorcycle enthusiast and licensed roadracer for over 30yrs.  I've financed thru many many loan companies.

A lot of dealerships advertise, 'bad credit, no credit, no problem'.

[Anonymous]

I would like to buy some sort of adventure/offroad bike.  Leaning towards BMW or Husqvarna.  Could be a Kawasaki or Yamaha.  Specific models I like the R 1200 GS BMW, Husqvarna 701 and smaller or a Yamaha WR250R.  What is frustrating is I could take out a loan on my 401k, but I would really rather not do that.  I guess if I don't find something I may just increase my 401k amount and use it like a savings acccount.

[twono]

Are you trying to put the WR on the street? I have the big brother, WR450F, but i didn't do a street conversion to  it.  Yamaha finances through Synchrony. 

You're getting int usome $$$ with the BMW.   That may be more difficult to finance because of it's 'exotic' nature.  Great bike no doubt.

Husky's/Husaberg/KTM/GASGAS/Beta....all high dollar dirty bikes.  Can't go wrong with the Jap bikes.

I'd go to a dealer and sit down with them.  Sure you don't want a Harley?  I'm confident you'd be good to go with them.  

[Anonymous]

Has anyone burned Harley and got back in with them? Personally I don’t plan on ever financing a motorcycle again, but I’m curious if Harley’s generous lending extends even after being burned.

[Anonymous]

The wr250r is already set up for riding on the street.  It has mirrors and lights already and is similar to the Husqvarna for about $3000 cheaper.  Not sure I want to spend so much on a BMW.  

[twono]

My wr450f has a headlight and taillight but no turn signals, no license plate light and no horn or mirrors, which are all needed to be street legal.

I thought the wr250 was set up with just headlight and tail light just like the big bro wr450?

[Anonymous]

They sell conversion kits for the 450 but the wr250r is already set up for the road.  There is a similar version without the road ready features.