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Thread: Do you owe money on your race bike?

  1. #16
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    26th April 2005 - 19:38
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    Quote Originally Posted by HenryDorsetCase View Post
    Now i can afford it I am too old so fuck it, just make it happen otherwise you will be my age going "wish I was doing that shit when I was 22, 25 whatever".
    36?

  2. #17
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    1st November 2006 - 15:15
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    Go for it. You will love it,
    Buy something you dont have to borrow for. Running costs can be high. You could try the K3 in Clubmans. The risk is always there though.$$$

  3. #18
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    9th January 2005 - 22:12
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    Quote Originally Posted by Matt Bleck View Post
    36?
    plus nine.....
    I thought elections were decided by angry posts on social media. - F5 Dave

  4. #19
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    13th March 2005 - 17:09
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    Nothing worse than the itch, that's why I didn't go down last weekend, nothing to do, nothing to ride, just sit there with the itch. Fuck that!
    There's a couple of ways you could go about getting out there.
    One option would be to sell your bike and buy this or this. That way you start with a fast bike, and come out with some change.
    Another option is throw some race fairings on your bike, take the insurance risk, and race it anyway.
    Another option is to get your house re-valued, refinance the house taking into account the capital gain since you've bought it, put your bike and Kylies car onto the mortgage, pay less total interest, and effectively you then own the bike, no more finance company.
    Personally I'd be going with option number 1 if you're not going to ride on the road any more.
    Quote Originally Posted by Dean View Post
    Ok im coming out of my closet just this one time , I too kinda have a curvy figure which makes it worse beacuse im a guy. Well the waist kinda goes in and the bum pushes out. When I was in college the girls in my year would slap me on the arse and squeeze because apparently it is firm, tight... I wear jeans
    .....if I find this as a signature Ill hunt you down, serious, capice?

  5. #20
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    26th April 2005 - 19:38
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    Quote Originally Posted by speed63 View Post
    Go for it. You will love it,
    Buy something you dont have to borrow for. Running costs can be high. You could try the K3 in Clubmans. The risk is always there though.$$$
    Bro I couldn't do clubmans on the K3, I'd get called a house thief.

    Quote Originally Posted by HDTboy View Post
    Nothing worse than the itch, that's why I didn't go down last weekend, nothing to do, nothing to ride, just sit there with the itch. Fuck that!
    There's a couple of ways you could go about getting out there.
    One option would be to sell your bike and buy this or this. That way you start with a fast bike, and come out with some change.
    Another option is throw some race fairings on your bike, take the insurance risk, and race it anyway.
    Another option is to get your house re-valued, refinance the house taking into account the capital gain since you've bought it, put your bike and Kylies car onto the mortgage, pay less total interest, and effectively you then own the bike, no more finance company.
    Personally I'd be going with option number 1 if you're not going to ride on the road any more.
    The first option would need suspension mods.

    I saw Shaun's K6 1000 there, that would be my pick. Wanna swap it for a K3 Shaun?

  6. #21
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    1st November 2006 - 15:15
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    Okay, sell the K3. With the equity buy a six hundy and put race fairings on it. away you go

  7. #22
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    26th April 2004 - 18:48
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    Cool

    Quote Originally Posted by Matt Bleck View Post
    Bro I couldn't do clubmans on the K3, I'd get called a house thief.



    The first option would need suspension mods.

    I saw Shaun's K6 1000 there, that would be my pick. Wanna swap it for a K3 Shaun?
    Mate it would be great to see you out there Do it with a bike that you own though bro

  8. #23
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    26th April 2005 - 19:38
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    So I'm still unsure about what to do. Actually I know but I'm not happy about it.

    There are quit a few who race there bikes and still owe money on it.

    But it seems the sensible thing to do is get it paid off first. And keep feeding the kids etc......

  9. #24
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    19th March 2007 - 13:00
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    If you have to borrow money to race you cant afford to race.. thats my theroy

  10. #25
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    20th March 2008 - 09:11
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    Quote Originally Posted by HenryDorsetCase View Post
    Now i can afford it I am too old so fuck it, just make it happen otherwise you will be my age going "wish I was doing that shit when I was 22, 25 whatever".
    Mate your never to old - I rode my Hornet from Wellington to Taupo and wobbled around in clubmans B and rode it home again. It was F&%kn GREAT !! I am doing the whole winter series. I don't owe any money on it but if I crash I'll be taking the train to work !
    "You never understood that it ain't no good, you shouldn't let other people get your kicks for you" - Bob Dylan

  11. #26
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    26th April 2005 - 19:38
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    Quote Originally Posted by Tom View Post
    If you have to borrow money to race you cant afford to race.. thats my theroy
    Yup that about sums it up.

  12. #27
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    29th July 2006 - 09:19
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    Doesn't it all depend on how committed you are to the sport?
    Casey Stoners parents sold up and moved to Europe to fund their sons passion at 14yrs old.What if he'd sucked?They be in the shitta!
    If you really want to have a go and are prepared to owe money and not have a bike after a crash etc,then go for it!
    Its no different really than some students coming away with a huge student loan and then not getting a job is it?

  13. #28
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    26th April 2005 - 19:38
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    Quote Originally Posted by Tony.OK View Post
    Doesn't it all depend on how committed you are to the sport?
    Casey Stoners parents sold up and moved to Europe to fund their sons passion at 14yrs old.What if he'd sucked?They be in the shitta!
    If you really want to have a go and are prepared to owe money and not have a bike after a crash etc,then go for it!
    Its no different really than some students coming away with a huge student loan and then not getting a job is it?
    hmmmmm, if I was a single man then yeah not a problem, but I'm not.

  14. #29
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    19th March 2007 - 13:00
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    or race in a class you can afford and you dont need to borrow for. Any racing at all is better than no racing

  15. #30
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    29th July 2006 - 09:19
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    Quote Originally Posted by Matt Bleck View Post
    hmmmmm, if I was a single man then yeah not a problem, but I'm not.
    I know where you're coming from but I'm not single and have taken a bit of a leap of faith to go racing,at the moment I would struggle big time if I had a decent "off".
    My wife has never taken any interest in me with bikes but came to my 1st race meet and is now totally into it......as far as telling me to borrow extra $$ to be able to have a serious go at it,suprised the hell out of me and has brought us closer together............WOW
    I know everyones situation is different but sometimes you just have to follow your heart.
    Sorry if that came out all soppy like,but thats how it is for me.

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