Sorry it didn't work out for you and your Mom on this deal, but they actually did you a huge favor...
I'm an old fart, and have been around the block many times when it comes to negotiating for a variety of vehicles, from m/c up to 18 wheel over the highway trucks. One thing I learned many years ago: Never, ever, let the dealership arrange financing for you!
Go down to one of your local Credit Unions and open a small account. Put a couple of hundred bucks in it. When you find the bike you want, go down and talk with the person at the CU you have established a bit of a relationship with. They will more than likely be able to arrange financing on your bike with minimum hassle, considerably more friendly interest rates, etc...
Because motorcycles are a toy, they will not qualify for the lowest rates, even at a CU, but there will be a healthy difference in the TOTAL you will pay out over the term of the loan. They usually don't have the ridiculous penalties attached to the loan like the lines of credit used at dealers have. Miss or be late on one payment at a dealer, and you'll find that your interest rate skyrockets, and there may well be additional penalties attached as well. Stay away from Dealer/Manufacturer financing!!!
"Living the Dream... One Day at a Time"
Last edited by dsmack; 07-09-2008 at 01:19 PM.