Comments on: What is the best way to finance a motorcycle without having to purchase full coverage insurance? http://www.quickdebteliminator.com/personal-finance/what-is-the-best-way-to-finance-a-motorcycle-without-having-to-purchase-full-coverage-insurance/ Search For Answers To Your Finance Questions Sat, 31 Jul 2010 12:25:11 +0000 http://wordpress.org/?v=2.6.5 By: Sun Income Tax http://www.quickdebteliminator.com/personal-finance/what-is-the-best-way-to-finance-a-motorcycle-without-having-to-purchase-full-coverage-insurance/#comment-1719 Sun Income Tax Tue, 14 Jul 2009 12:59:58 +0000 http://www.quickdebteliminator.com/personal-finance/what-is-the-best-way-to-finance-a-motorcycle-without-having-to-purchase-full-coverage-insurance/#comment-1719 Beware of CPA's who give advice contradicting the tax code. If you take the home equity loan and your tax preparer assumes that your mortage interest reporting form (1098) is properly deduct able, and you volunteer no further info, it will be written off if you file a Schedule A. If you are audited, the write off WILL be disallowed. Beware of CPA’s who give advice contradicting the tax code. If you take the home equity loan and your tax preparer assumes that your mortage interest reporting form (1098) is properly deduct able, and you volunteer no further info, it will be written off if you file a Schedule A. If you are audited, the write off WILL be disallowed.

]]> By: Kitty http://www.quickdebteliminator.com/personal-finance/what-is-the-best-way-to-finance-a-motorcycle-without-having-to-purchase-full-coverage-insurance/#comment-1718 Kitty Sun, 12 Jul 2009 06:42:58 +0000 http://www.quickdebteliminator.com/personal-finance/what-is-the-best-way-to-finance-a-motorcycle-without-having-to-purchase-full-coverage-insurance/#comment-1718 There is NO best way...there is simply the right and wrong way ! IF you finance ANY vehicle... the law requires YOU to have full coverage on it so the lender gets his cut when you crash it! The laws are simple and in place only due to idiots before us screwing over their lenders due to accidents. Do what the law says and you will not have any troubles! Good Luck ! : ) There is NO best way…there is simply the right and wrong way !

IF you finance ANY vehicle… the law requires YOU to have full coverage on it so the lender gets his cut when you crash it!

The laws are simple and in place only due to idiots before us screwing over their lenders due to accidents.

Do what the law says and you will not have any troubles!

Good Luck !

: )

]]> By: chh945s http://www.quickdebteliminator.com/personal-finance/what-is-the-best-way-to-finance-a-motorcycle-without-having-to-purchase-full-coverage-insurance/#comment-1717 chh945s Sat, 11 Jul 2009 13:06:18 +0000 http://www.quickdebteliminator.com/personal-finance/what-is-the-best-way-to-finance-a-motorcycle-without-having-to-purchase-full-coverage-insurance/#comment-1717 I would suggest a home equity loan, but the interest is NOT tax-deductible b/c it isn't used to improve the home. I would suggest a home equity loan, but the interest is NOT tax-deductible b/c it isn’t used to improve the home.

]]> By: spot http://www.quickdebteliminator.com/personal-finance/what-is-the-best-way-to-finance-a-motorcycle-without-having-to-purchase-full-coverage-insurance/#comment-1716 spot Wed, 08 Jul 2009 15:38:07 +0000 http://www.quickdebteliminator.com/personal-finance/what-is-the-best-way-to-finance-a-motorcycle-without-having-to-purchase-full-coverage-insurance/#comment-1716 Shop around for insurance for better rate. Considering you may (I hope not) need insurance in case something happens to it, it may be a better choice to spend money on insurance than on personal loan interest. Shop around for insurance for better rate. Considering you may (I hope not) need insurance in case something happens to it, it may be a better choice to spend money on insurance than on personal loan interest.

]]> By: dale http://www.quickdebteliminator.com/personal-finance/what-is-the-best-way-to-finance-a-motorcycle-without-having-to-purchase-full-coverage-insurance/#comment-1715 dale Sun, 05 Jul 2009 10:29:23 +0000 http://www.quickdebteliminator.com/personal-finance/what-is-the-best-way-to-finance-a-motorcycle-without-having-to-purchase-full-coverage-insurance/#comment-1715 If you have other collateral, use that instead of the motorcycle. Otherwise your either going to have to pay for the insurance (which is a sound financial decision) or pay the higher interest rate. It makes more sense to take the lower rate and pay for the insurance. Good luck If you have other collateral, use that instead of the motorcycle. Otherwise your either going to have to pay for the insurance (which is a sound financial decision) or pay the higher interest rate. It makes more sense to take the lower rate and pay for the insurance.

Good luck

]]> By: Carl_the_Truth http://www.quickdebteliminator.com/personal-finance/what-is-the-best-way-to-finance-a-motorcycle-without-having-to-purchase-full-coverage-insurance/#comment-1714 Carl_the_Truth Sat, 04 Jul 2009 06:16:19 +0000 http://www.quickdebteliminator.com/personal-finance/what-is-the-best-way-to-finance-a-motorcycle-without-having-to-purchase-full-coverage-insurance/#comment-1714 $280 a month for insurance on a motorcycle????????No way!!!!!!!!!!! Your post is non-sense. $280 a month for insurance on a motorcycle????????No way!!!!!!!!!!! Your post is non-sense.

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