Originally Posted by
StanSeven
If you want a particular bike, why not? Interest rates are low. Say you want a $10K and you plan on paying for it over a year. The interest might be $200-$300, which is much less than a health club. If it gets you out to ride hard and enjoy it, go for it.
...Because financing a luxury item when you can't afford it is always a bad idea?
What if you're out "riding hard" on your first ride and crash/total your newly financed $10k bike? You really want to be upside down on something like that? Now you're not riding and enjoying an expensive bike, AND you're paying for the privilege of doing so.