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Author Topic: NADA for new Valkyries?  (Read 2374 times)
idcrewdawg
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Posts: 233


Albuquerque


« on: September 09, 2015, 10:47:36 AM »

So while taking to my bank about getting a new bike (because I like the Valkyrie over other types) I discovered that NADA website doesn't list the'14/'15 in their available models. GL1800C is just not available. At first I thought the person I was talking to was an idiot, but it turned out that the option isn't even available.

Is the Valkyrie that uncommon that it would be listed?
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F6Dave
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Posts: 2258



« Reply #1 on: September 09, 2015, 11:42:06 AM »

Maybe their aren't enough sales to estimate a price.  They might need a minimum number of transactions to calculate their numbers.  Just a thought.
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mrtappan
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Posts: 483


« Reply #2 on: September 09, 2015, 11:47:28 AM »

My bank did the same thing.   They just used an F6B and didn't make any fuss over it.
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dinosnake
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Posts: 696


« Reply #3 on: September 09, 2015, 01:02:36 PM »

So while taking to my bank about getting a new bike ...


Why would you want to do that?  Honda Financial is still offering the 1.99% for 36 month deal on all 2014 & 2015 Valkyries

http://eshopping.honda.com/popNCertificateApplication.asp?SiteOrigin=hondamotorcycles&ProductDivisionCode=M&SpecialID=AHFC/Flat_APR_0194.asp&ModelNumber=GL1800CF&oMode=details&DetectCookies=true

The dealer I bought from was originally "Hey, you qualified for the 5.99% interest rate!" and I was like "I'm sure I can qualify for the 1.99% from Honda, which is still on right now...".  They were "??!  Let me check...".

Some of the financing guys at dealers don't / can't keep up with the deals, which almost every manufacturer has on right now.  Yamaha, Suzuki, Honda...about the only companies not doing anything are the American dealers (and BMW isn't doing buyers any favors right now, either).  Shop wisely!
« Last Edit: September 09, 2015, 01:07:21 PM by dinosnake » Logged
idcrewdawg
Member
*****
Posts: 233


Albuquerque


« Reply #4 on: September 09, 2015, 07:25:13 PM »

So while taking to my bank about getting a new bike ...

Why would you want to do that?  Honda Financial is still offering the 1.99% for 36 month deal on all 2014 & 2015 Valkyries

Because the customer service is worth it.
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_Sheffjs_
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Posts: 5613


Jerry & Sherry Sheffer

Sarasota FL


« Reply #5 on: September 09, 2015, 09:26:44 PM »

Decided to take advantage of the 1.9% on a small balance only until I sold the second interstate and that happened 5 weeks later. Finance at the dealer told me that the credit score level had to be higher than buying a car saying that it is a recreational vehicle.  Never heard that one before.  Pulled a 830 so the 1.99 was in the bag. Now is what he said right?? What if I drove it to work as my only transportation?  
Undecided
« Last Edit: September 09, 2015, 09:29:49 PM by Sheffjs » Logged
dinosnake
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Posts: 696


« Reply #6 on: September 10, 2015, 11:09:08 AM »

Decided to take advantage of the 1.9% on a small balance only until I sold the second interstate and that happened 5 weeks later. Finance at the dealer told me that the credit score level had to be higher than buying a car saying that it is a recreational vehicle.  Never heard that one before.  Pulled a 830 so the 1.99 was in the bag. Now is what he said right?? What if I drove it to work as my only transportation?  
Undecided
Yes, that is correct.  Automobile loans are considered secured loans - they use the (resellable) value of the car itself to secure the fact that the loan will be repaid.  If the loan is not repaid, they repossess the car and sell it to regain the value of the loan.

Motorcycle loans are considered unsecured loans, the equivalent of a personal loan.  They do not give the asset you are borrowing for (the motorcycle) any value in terms of repossession because they feel / know that motorcycles are more easily damaged or stolen, and can be made to quickly disappear.  Unsecured loans are given at the highest interest rates as the bank feels they are a higher risk.
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