ridetime

OPTION #1

We list and sell your bike at whatever price you want to get for it. It costs you nothing until the bike sells, at which time we take a 10% fee, based on the selling price. Therefore, if you want $5000 for your bike, we will sell it for $5550 to make sure you get what you need out of it.

OPTION #2

By far the most successful and rewarding option, is where you agree to carry the loan on the bike for the new buyer. We know, we know, it sounds kind of crazy at first, but the thing that makes this whole thing work for you is that our company, RIDE TIME, guarantees the loan. If the buyer can't make the payments, RIDE TIME will. And the main benefit to you is that RIDE TIME will administer the loan, at no expense to you. We'll write up the contract, collect the payments, make the phone calls... all you have to do is relax, and watch the money come in. And what you will make in the end will far surpass what you originally wanted for your bike.

For example, if you're trying to sell your bike for $5000, we'll sell it for $5550, take our 10% cut ($555) as the down payment, and an installment loan for the remaining $5000 ($5550-$555) will be written at 21.99 % APR for a 24 month period. This works out to 24 monthly payments of $259.37, or a total income of $6224.88 if the loan goes full term**. That's over $1200 more than your asking price of $5000! And in today’s economy, what else can you safely earn 21.99% interest?

We realize that this program is not for everyone. But….. If you don’t need the full selling amount right away, why not look at your motorcycle as a true investment and turn it into an asset that will earn you earn you 21.99% (on a product that typically just depreciates and becomes a liability). Besides, the motorcycles we sell utilizing the consignor financing option typically sell within days, as opposed to the straight cash deals that can have your motorcycle languishing on the showroom floor for weeks, or even months.

Feel free to call us at 602-793-3617 to discuss any unanswered questions.

** Since there is no prepayment penalty on the loan, if it is paid off early there will not be as much interest earned, and therefore the total amount earned will be less.