Quick question
Va Beach Coast Rider
Joined: Apr 2004
Posts: 2,280
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From: Virginia Beach
Re: Quick question
Originally Posted by jar
u have to have full coverage with honda
Originally Posted by hybridreams
I bought an '03 R6 new from Champion Motorsports in Herndon and got it delivered to me for free without any insurance at all. They told me as long as the bike is under $10,000, I don't need insurance. I'm not sure if that only applies to Yamaha, though.
Why don't you call the dealer and find out?
Why don't you call the dealer and find out?
Ok, as stated already..........if you are riding/driving a vehicle that you do NOT have the title for; as in an *auto* loan you need to have full coverage. You do not own the vehicle so that's why you have to have it.
A couple ways around this..............
1. personal loan: don't get an auto loan; get a personal loan. Interest rates are generally higher than auto loans, but you can do liability only or pay the 500 every 6 months to the DMV and you won't even need insurance.
2. credit card: same as the personal loan. Put it on the card and you will have the title just like as with the personal loan. But again, interest rates are higher than an auto loan.
3. Yamaha card: it's just like a credit card; except that you can ONLY buy Yamaha stuff. Same same. I beleive that other dealers have them as well, but Honda still doesn't; as far as I know.
Now remember...............if you buy a vehicle without an auto loan and choose to not put full coverage on it you will be fucked if you wreck it. You will still have to pay off the loan and get no money whatsoever to replace it.
Registered Member
Joined: Jul 2004
Posts: 542
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Re: Quick question
Originally Posted by CBR600F4
3. Yamaha card: it's just like a credit card; except that you can ONLY buy Yamaha stuff. Same same. I beleive that other dealers have them as well, but Honda still doesn't; as far as I know.
nope, you can buy whatever you want on the yamaha card. I bought a used kawasaki on mine. You just miss out on all the yamaha promotions if you don't buy a yamaha. The ass raping on interest would completely offset any saving on not having full coverage though
Va Beach Coast Rider
Joined: Apr 2004
Posts: 2,280
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From: Virginia Beach
Re: Quick question
Originally Posted by xshanex
nope, you can buy whatever you want on the yamaha card. I bought a used kawasaki on mine. You just miss out on all the yamaha promotions if you don't buy a yamaha. The ass raping on interest would completely offset any saving on not having full coverage though
04 M3
Joined: Apr 2003
Posts: 367
Likes: 0
From: York County,Va
Re: Quick question
Originally Posted by 2slow2win
Im thinking about buying a brand new CBR 600 RR..it will be my first bike...But anyways do you have to have ful coverage or just liability..i have been told both so im not so sure..i heard that as long as its under $10,000 that you only need liabilty
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