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Welshsox
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

Its cool

I think the big difference is if your financing because you dont have the cake or just financing for convenience.

tomjtx
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

Riding the float is always a good idea.

I also bought my 60" tv on a 3 year interest free BB deal.
I bank electronically and set up monthly pymts designed to pay up 2 months early just to be sure there is no way they can charge me any interest.

The price was also 30% off.

SpecificOcean
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

I financed my first stereo system in 1978. For $1000 dollars, I got Advent loudspeakers, a Technics TT, Sanyo cassette deck, and Yamaha CA 610-II amp.

I still have the speakers!

Buddha
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha


Quote:
I financed my first stereo system in 1978. For $1000 dollars, I got Advent loudspeakers, a Technics TT, Sanyo cassette deck, and Yamaha CA 610-II amp.

I still have the speakers!

You, sir, represent everything that is wrong with this country.

dbowker
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

"Riding the float is always a good idea."

In many ways it's a win/win: you get some stuff on borrowed money which is easier to pay over time, the company gets to show increased sales, manufacturing goes up, inventory moves, etc.

It's only when you miss a payment does anyone get screwed. If you aren't smart enough to beat such a simple system, you probably shouldn't be spending the money in the first place. Better to go to Vegas and loose the money respectably.

Orb
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha


Quote:
You got me.

I admit to financing almost all of my purchases.

I use a credit card for almost everything. I borrow their money for about a month at 0% and then pay the bill.

Thousands of dollars a year financed for everything from 2.5 gallon Ducati Superbike fill-up to <gasp> toys.


And the Ducati is not a luxury performance toy?
Friend of the family had one of the rare models years ago, and a lovely sales woman I used to work with has one.
BTW you forgot to say about using the credit card for breakdowns as well

Cheers
Orb

Glotz
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha


Quote:

Quote:
You are an idiot.

That is a violation of the G&R code of conduct. Stephen please reprimand this member. Thank you.

Even if it meant a complete ban from this site or being audited by the IRS, or even damnation in hell... I would still back Jan in stating that you are most certainly...

an idiot.

Hey, Lamont... thanks for utterly RUINING ANOTHER THREAD!!

Elk
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha


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And the Ducati is not a luxury performance toy?
Friend of the family had one of the rare models years ago, and a lovely sales woman I used to work with has one.
BTW you forgot to say about using the credit card for breakdowns as well.


Toy with a capital T. The Ferrari of motorcycles, handmade, replete with high maintenance and temperament. "Ducati: Making mechanics of motorcyclists since 1946."

From a review:

"Made of steel, titanium, carbon fiber and sadism, the 999R is as close as you are going to get to a grand prix motorcycle, and unless you are a fantastic rider with years of experience, you don't want to get that close. This bike will beat you down like you said something bad about its mother.

"This thing is misery on two wheels, a wickedly disposed and temperamental exercise of sheer mechanical narcissism upon which you assume a posture like it's flashlight inspection day in prison. Its 150-hp V-twin motor runs on damned souls and is lubricated with the fat of unbaptized children. All this bike wants to do, all it dreams about at night, is catapulting you over the handlebars or pitching you backward onto the streaming concrete . . .

"So plan your day accordingly: After riding this bike, you will need some time to unwind. Go for a Polynesian fire walk, perhaps. Play some "Deer Hunter" roulette. Or, if so equipped, have a vasectomy."

rvance
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

The reviewer sounds like Dan Neil of the LA Times (Journalism Pulitzer for his AUTOMOTIVE column!)

Our UPS driver (yes, they make pretty good $$) has an 848. He took it to Laguna Seca a while back. I asked him how he liked it compared to his Yamaha(?) and he said with a smile... "I noticed I was immediately faster on the Duc."

He also said the long trip to the dealership is well worth it for the desmodromic valve adjustment, when necessary.

Orb
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

Yep totally agree
The Ducati is seen as the Ferrari of the bike world over here in the UK as well.

Cheers
Orb

Elk
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

Yes, Dan Neil. His reviews are always fun.

The desmodromic valve train is fascinating. The valves are returned to closed position via cam lobs, not springs.

The 848 is a very nice machine - my only criticism is that it has a wet clutch (like the majority of motorcycles) rather than the signature Ducati rattling dry clutch.

A worldly female friend compares a Ducati Superbike to a challenging mistress: gorgeous, high-maintenance and likes to be ridden hard.

Lamont Sanford
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

Jan and Glotz siting in a tree K-I-S-S-I-N-G...

mark evans
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

Absolutely. I have made several purchases on a credit card when I run across a deal that is incredible and or soon to be snagged up by someone else so I had to act quickly.

But, I have also made sure that the balance was paid off at the end of the month. Thats the key.

Freako
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

In my younger days when I used my hard-earned cash on... ehh... other "stuff", I frequently financed purchases, and I admit to having puchased both my amp and CDP through 3-year financing as well (4 years ago). At that time I couldn't save up enough money, which would amount to only $4600. But even though the warranty lost it's value during that period, the equipment still plays, and better than ever

Lamont Sanford
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

I sell dope on the black market to the Hell's Angels and the Black Panthers. This way I can pay cash for toys. It dangerous work but I avoid the finance man. Wait-a-minute! I forgot. It's not 1970. Never ever take Oswely acid. Flashback be gone.

Freako
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha


Quote:
I sell dope on the black market to the Hell's Angels and the Black Panthers. This way I can pay cash for toys. It dangerous work but I avoid the finance man. Wait-a-minute! I forgot. It's not 1970. Never ever take Oswely acid. Flashback be gone.

mark evans
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

lol! Try spending all your hard earned cash on the other "stuff" AND buying exotic audiophile gear.

...no wonder I need three jobs..lol!

struts
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

I used to have toys, then I got kids. They will fix just about any excess wealth problem, as well as addictions to sports cars (where to put that buggy?), motorbikes (can't go setting a bad example), expensive wristwatches (crunch), etc.

The worst thing of all? Despite their huge TCO they are COMPLETELY FREE, so if you can't afford them you don't even need credit to help you get into trouble..

mrlowry
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

One of the nice thing is that high end audio products hold more of their value than most other luxury goods.

tomjtx
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha


Quote:
I used to have toys, then I got kids. They will fix just about any excess wealth problem, as well as addictions to sports cars (where to put that buggy?), motorbikes (can't go setting a bad example), expensive wristwatches (crunch), etc.

The worst thing of all? Despite their huge TCO they are COMPLETELY FREE, so if you can't afford them you don't even need credit to help you get into trouble..

Having kids is like having a mortgage on a house with one difference:
You can sell the house.

Of course, the exception is if you are Chinese you can sell the kid if it's a girl.

OH NO!!!!!! Did I really say that ?
I'm gonna lose my liberal ID card if I'm not careful

Elk
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha


Quote:
I used to have toys, then I got kids.


Very expensive hobby, kids.

dumbo
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

I'm too greedy for kids but I'm not afraid to admit it. I guess the concept of financing a high end audio purchase would seem even more outrageous for those that do have kids as they would certainly have many other financial responsibilities to be concerned with other then audio.

For the bachelor types like myself it doesn't seem like that bad of an option as long as you can pay it off without busting the bank or causing yourself other financial issues in the process.

Elk
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Re: Has Anyone Ever Considered Financing A High End Audio Purcha

I am similarly childfree, by choice. Kids typically like me, they may visit, but somebody else must take them home.

Still, when balancing short term desires for a toy with the long-term downsides of financing said toy I can't see doing it.

But I am clearly in the minority. Most don't hesitate to use credit card debt and loans to finance everything from boats to pizza.

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