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Prices are what the are.

The new Polaris Expedition NorthStar mumbo jumbo special is basically 50k.

Trying to compare them to automobile is clearly apples and oranges. Cars sell 20 plus times more and can build them cheaper obviously.

The Defender is selling well still, my dealer said he was lowering his order of the X3 and raising the number of Defenders.

An outlander can be 16k to almost 19k, to me that's crazy.

I would never pay that.

Its all perspective.

Tim
 
Covid made manufactures brave about prices. They are slowly pricing a lot people out of the new market. I myself have a 10k limit for quads and a 20k limit for SxS's, if that puts me in the used market then so be it. Could I afford to buy a new one, yes, but I didn't get to where I'm at by buying things just because the prices are what they are. If I feel the value is not there, I'm not a buyer.
 
Discussion starter · #29 ·
Glad I'm not the only one who feels that you don't own things you haven't fully paid for. Things you actually own can't be repossessed.
I usually resale mine within a year or so, for resale and quality.

I don't care to keep em till they are wore out. But that's just me.
 
No, a repossession is when the rightful owner, the lender, takes something back. Be it a house or an ATV.

Taxation is an entirely different thing.
Sorry but the Bank is NOT the rightful owner.

They have what's called lien rights. They do NOT own it.

When you don't pay your taxes you get a tax lien...

See the similarity...?

Tim
 
Sorry but the Bank is NOT the rightful owner.

They have what's called lien rights. They do NOT own it.
Hmm, interesting.

So if I buy a house and take out a loan to do it, it's my house even though I haven't paid for it? Meanwhile, the lending institution, which effectively has paid for it, does not own it?

No wonder I don't like having loans on things.
 
We don't need a lot of admin talk so lets make this simple, you don't own something until you possess the title. Something a lot of people never do. I've always told my kids that and they know the difference between buying something and owning it. If you are making payments on something you are buying it, you can kid yourself you own it, but until it's paid for you don't own anything.
 
Another ATV guy here but I will eventually own a relatively basic Defender down the line.

I don't really think the prices are that out of line if you look at what highest priced ATVs sold for in the heyday of the 1980s. Honda TRX250R, Quadzilla, Banshees sold for about $4k back then. But while these were top of the line hot rods, they still don't compare to today's Side by Sides in terms of amenities and goodies, and the list is long. The dollar just doesn't go as far as it did in the past, inflation. Do I want to spend more than $25k when I decide it's time to get a Defender for around our property? Nope. I just don't need a top of the line four door model. I'll shop within my needs and budget. This is where I appreciate that the manufacturers have so many offerings and trim levels for these machines. Which is also something that didn't exist back in the day, options. Even with the ATVs (at least with Can Am and Polaris) there is a plethora of options and packages to choose from for the same model. Factory 2-up capability, different engine sizes, different build specialties (XMR, XXC and the like), all these choices. There's something for everyone
 
We don't need a lot of admin talk so lets make this simple, you don't own something until you possess the title. Something a lot of people never do. I've always told my kids that and they know the difference between buying something and owning it. If you are making payments on something you are buying it, you can kid yourself you own it, but until it's paid for you don't own anything.
I don't get your point.

Are you attaching some stigma to debt?

Do you apply that stigma to real property?

What's the real difference between your definition of owning something and not owning something.

Like 10mm pointed out property taxes on real property, as I understand your definition mean you really don't OWN it if they can take it away from you if you fail to pay the taxes.


Are you teaching us some life lesson about the cost of the new ATV and UTV?

I honestly do not see your point.


Tim




Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! https://a.co/d/bwLzK3c
 
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