? about buying a new 400ex

[robby05]

I was looking into buying a new 400ex and have a question. If i financed a new 400 would i have to have a cosigner or collateral? I never bought or financed a fourwheeler so i dont know about these things. I have some credit but not very much but it is good credit. I was gonna put $1000 down on it. And was wondering how much payments a month would be?

[trick250r]

it depends how old you are. if you are younger (i think like under 18) you have to have a co-signer. as far as the payments go, around here they have like a $39 a month for two years thing goinig on but you only pay the $39 intrest for two years, you really don't pay towards the bike. at least thats what the salesman here said.

[sly400ex]

Depends on alot of things, intereset rate, how long of loan...etc.

BUt given a worse case scenario, financing 4K at 18% for 5years would be about $100/mo.

Ideally, you would want a much lower rate and finance it the least amount of years possible.