Another would you question?

Davo · Davo To The Rescue! Joined: 05 Apr 2004 Karma :

I know there was a question here a couple of weeks ago about debt. I hate any form of debt, however would you put yourself in short term debt to fork out on some riding gear, e.g. leathers?

The reason i ask is currently i'm riding in a borrowed leather jacket (that fits just), my own helmet, gloves and boots. I'm currently saving up for some leathers, however it's going to take a couple of months to get the ones that I want. I'm just conciensous of coming off with only jeans on. (I was once told at 30mph it only takes six yards before your down to your bone Shocked

)

Would you put this on your credit card and pay it off?

Laura · Playboy Bunny Joined: 28 Jul 2003 Karma :

Yes.
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Good girls ride motorcycles bad girls thrash them.

Bendy · Mrs Sensible Joined: 10 Jun 2002 Karma :

Hell yes. That's what credit cards are for.

Davo · Davo To The Rescue! Joined: 05 Apr 2004 Karma :

Good enough, shall buy tomorrow.

aqualung1 · Trackday Trickster Joined: 15 Jul 2004 Karma :

even better buy on card
change card for 0% interest card and free loan

Shade_BW · I'm better than you Joined: 13 Jul 2004 Karma :

Robby · Dirty Old Man Joined: 16 May 2002 Karma :

I do dip into my overdraft if I feel like it. I know that at the end of the month I'll pay it off.

Ste · Not Work Safe Joined: 01 Sep 2002 Karma :

You might as well, as thats what credit cards are for. Thumbs Up

Craggles · Traffic Copper Joined: 12 Jul 2004 Karma :

Yea - I'd beg your friends/parents to borrow the cash though, credit cards are evil on interest rates!
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If this signature is blue, you're riding too fast

skida · Trackday Trickster Joined: 15 Jul 2004 Karma :

Sorry to be the boring voice of reason, but to make that decision you need to check out what the repayments would be, and, if they are affordable go for it.

Good quality gear is worth going into debt for: See the I've Crashed thread. Smile

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Ste · Not Work Safe Joined: 01 Sep 2002 Karma :

Well, checking out the repayments and seeing if they are affordable should be done before buying anything where you'll be paying it off over some time. Same as with loans. Isn't seeing if you can afford to pay it back almost common sense? Confused

Danny · Ask Me About Stoppie School Joined: 26 Jan 2003 Karma :

I don't like debt either, but decent riding gear is a must. Thumbs Up

karen_moomin · World Chat Champion Joined: 11 Apr 2004 Karma :

I am in short term debt at the moment, due to crashing my car and having to pay a hefty excess, buying my bike, insuring it, buying lid, jacket and gloves. I still need leather trousers.

Short term debt is ok if you know that you can pay it back. Thumbs Up

ProXimaCore · Dougal Joined: 01 May 2003 Karma :

I went in to Hein Gerricke to *look* at leathers. I was standing admiring an alpinestars silver 2 piece thinking that'd go nice with my bike. But it was too expensive. The salesman then mentioned that I could have it now and pay up interest free for a full year! I took it in an instant! Smile

The way I see it, I was going to save up this year for it anyway.
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Davo · Davo To The Rescue! Joined: 05 Apr 2004 Karma :

Done, just bought a 2 piece Dainesse suit... fits very nicely. Smile

Already scuffed the knee sliders Cool

Managed to blag MBNA into giving me 0% for 9 months. So i suppose thats the best form of debt i can get.