Everyone has payments. Not everyone has 5-7k cash to put on a toy. I pay for a sled to. Its what i have to do to be in this sport. Is my portfolio good? Whats a portfolio? Whats the problem i finance is over 2 years. Not the end of the world to ride current tech when you love the sport. And i already work extra shifts.
Who pays cash for sleds and toys and who finances??
- Thread starter pfi572
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Everyone has payments. Not everyone has 5-7k cash to put on a toy. I pay for a sled to. Its what i have to do to be in this sport. Is my portfolio good? Whats a portfolio? Whats the problem i finance is over 2 years. Not the end of the world to ride current tech when you love the sport. And i already work extra shifts.
That's your choice. I am happy riding a 4-5 year old sled for less then half the cost of new and not loosing much money when I sell it in a few years. I don't enjoy buying a sled and loosing my shirt on it in a few years PLUS interest. I guess I could understand financing your first, but not sled after sled and making payments forever.
My only payment is a house, I won't finance a sled ever or a vehicle again.
Your choice, I like people like you who take the big hit in value on the sleds instead of me. Heck I bought one sled in the fall, sold it in the spring after and got exactly what I paid. Can't go wrong!
struglin
Active VIP Member
I financed my sled paid it off in less then a year same for fith wheel and dirt bike boats gonna take a couple years if you can finance and pay off early while keeping healthy cash flow why not I'd rather spend a bit on interest and play hard
Fair enough. this is the second sled ive financed. i wish my portfolio dictaed a sled cash. but it doesnt. 2 k a year to ride current tech might not be a great plan. but its what i do
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Bogger
Bogger of the GBCA
me either.....lots of spelling mistakes to......damn wisers
All the power to him if he wants to spend his money like that. I enjoy a sled only costing me about $500 a year in lost value. It sits WAY to much for me to justify a few thousand a year or more.
My goal is by 40 to be out of debt completely, and never borrow another penny again, but that's just me. So financing a toy doesn't go into that plan. Not by sacraficing, but by having a bit older toys and vehicles, which is fine by me. I enjoy sledding just as much on a older one, as long as it doesn't break down i'm happy.
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Again fair enough......everything is paid for other than sled which will be quick.....just can out ride sleds i can pay cash for is all.....
crazeejames
Active member
I pay cash for everything! Its just technically the banks cash 
I'm only mid 30's and I've lost to many people to soon, and watched to many people wait till they had the money to do something, and never make it!
Life is way to short and can be gone in an instance, be it in an avy, a car accident, a heart failure, or a slip on the banana peel........Just DO IT!
This thread has turned into a p*ssing match of values..........do whatever your comfortable with and don't worry about who pay'd cash, they are not having any more fun than you are......
I'm only mid 30's and I've lost to many people to soon, and watched to many people wait till they had the money to do something, and never make it!
Life is way to short and can be gone in an instance, be it in an avy, a car accident, a heart failure, or a slip on the banana peel........Just DO IT!
This thread has turned into a p*ssing match of values..........do whatever your comfortable with and don't worry about who pay'd cash, they are not having any more fun than you are......
tukernater
Active VIP Member
I doo what I need to doo to get my toys and if i need to finance it ,it get financed. MY WIFE AND I WORK TO PLAY.Each to there own i guess.
My RT1000 I rode last would outpull my buddies brand new dragon without a sweat.......Prices doesn't mean how capable a sled is. Or even look in the classifieds, you can buy a nice used turbo for $8k.
Not trying to argue in the slightest....but a 99 summit x is far from a current turbo......just a poor boy who does what he can to love and embrace the sport......
Dazzler
Active VIP Member
With some of the low interest rates out there today 3-3.5% and you are paying cash.
When it comes to toys, low interest rates get trumped by spouse!! I pay cash as well, the wife and I have an agreement, she stays out of my shop and I do not go near her shoe closet!!!
No arguement here. 8k and 3k are a lot different though. Im learning from here. Im far from financially together so all of this helps. just started investing. appreciate all input. unfortunately im still financing the biggest aprt of my life.
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pfi572
Active VIP Member
I don't think so as people do what they have to and i was just curious to see what some folks opinions are and what they do!! I see alot of new iron in the parking lots that include trucks,trailers and sleds that are worth a pile of cash.
I am one of the ones that like buying slightly used as have gotten tired of fixing the problems with new model years and the over inflated price to be first. Been there done that.
You never used to see anything like this years ago.
Don't turn this into a bashing thread about how you think is wealthy and how isn't. Everyone spends different!!
Happy sledding
I am one of the ones that like buying slightly used as have gotten tired of fixing the problems with new model years and the over inflated price to be first. Been there done that.
You never used to see anything like this years ago.
Don't turn this into a bashing thread about how you think is wealthy and how isn't. Everyone spends different!!
Happy sledding
maxwell
Active VIP Member
your fawked. an rt1000 is 1/10th the sled any of the 2013 models are. yes your rt1000 pulls good but thats only a part of riding sleds. id rather pay a bit of interest from financing and have a brand new sled every year or two years so i know im reliable in the backcountry. the places i go can be a 5000 heli ride so like fawk im taking a ticking timebbomb rt1000 into the backcountry because its all i can afford to pay cash for LOL. financing brings tons of new people into the sport and puts some of the best and skilled riders on new sleds. just what i see
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tex78
Active VIP Member
Ya but one think there maxy...
If its new ( even 100 km on it no matter what brand ) it can die just as easy as a old balls one. At least a old one can be easy to figure out and temp fix to get out and or just pull the motor and bring it back fixed and ride it out...
Ur not doing it with a buffalo, a new kitty or a new po po pro...
Sent from my HTC-Z710a using Tapatalk
If its new ( even 100 km on it no matter what brand ) it can die just as easy as a old balls one. At least a old one can be easy to figure out and temp fix to get out and or just pull the motor and bring it back fixed and ride it out...
Ur not doing it with a buffalo, a new kitty or a new po po pro...
Sent from my HTC-Z710a using Tapatalk
goodngrubby
Active VIP Member
With some of the low interest rates out there today 3-3.5% and you are paying cash.
When it comes to toys, low interest rates get trumped by spouse!! I pay cash as well, the wife and I have an agreement, she stays out of my shop and I do not go near her shoe closet!!!
hahaha! My wife and I have basically the same understanding....very seldomly does she come in my shop...and very seldomly do I ask her to.
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