Stolen 2020 TFC

[CrzystghndKC]

I just checked and there haven't been any updates or response to any questions asked if the theft victim. That makes the whole thing very suspicious IMHO. So until this guy wants to be a party to the discovery of his stolen vehicle I am out.

 

[CrzystghndKC]

Ok I have a new update! The fellow had shared his post to a group called Stolen KC. It's a very active widely read group and is responsible for alot of recoveries and arrests. He has updated the location of the theft to Meridian Ks which is just a little NE of Topeka and just right off I-70 so it could be anywhere by now.
So good luck Archie.

 

[daytonageo]

Why?

Think of it:

- Person A buys a brand new TFC
- Person A crashes his bike by his own fault - and he has no insurance
- Person A knows somebody who knows somebody etc.
- Person Z offers Person A a complete bike as base for a complete rebuilding of his crashed one
- both Persons have a relatively flexible definition of "property"
- at the end Person A will have even some additional spare parts, depending on the crash of his first TFC

Resume: I expect no funny smell on a request that has even be posted by the owner on F***book - there was just some motherf***er who stole somebodies bike...

I suppose there are scenarios to cover anything. That is why the word 'unlikely' was used.

 

[EasTexRIII]

- Person A crashes his bike by his own fault - and he has no insurance

Unless person A is Mel, and can pay cash for a new TFC, he can not get bike financed without insurance kept on the bike.....................

 

[Rockatansky]

Please excuse my ignorance: you finance a motorcycle?

To be honest, this idea would never come up to me - a bike is a toy, and toys have to be payed cash...

Is it normal to do so in the US? Please, do not see this as an insult! It's just a way of thinking which is completely new to me...

 

[idk]

I would think that by far the majority of bikes sold in the USA are financed. They might not be able to afford the bike, but they can afford the payments - usually.

 

[daytonageo]

Please excuse my ignorance: you finance a motorcycle?

To be honest, this idea would never come up to me - a bike is a toy, and toys have to be payed cash...

How many people have a spare 25K laying around for toys? I bet not many!

 

[Rocket Armed]

Please excuse my ignorance: you finance a motorcycle?

To be honest, this idea would never come up to me - a bike is a toy, and toys have to be payed cash...

Is it normal to do so in the US? Please, do not see this as an insult! It's just a way of thinking which is completely new to me...

Even if one had the cash, quid, etc., with time value of money and low interest loans, outside the COVID-19 shock, it would be better to invest the cash and leverage the toy.

 

[Rockatansky]

Thanks for the explanation - this is completely new to me.

 

[Dr.D]

Thanks for the explanation - this is completely new to me.

Credit is the American way. It is not always good for the consumer but it is that way. I believe a certain amount of debt and proper management is a good thing. The problem is to many people try to carry excessive debt.