Tag Archives: Around the Water Cooler

Financing/credit score.

You all may already know this but I hadn’t thought about it at all. Anyone who might be financing part of an ATV might learn something.

Long story short I bought a new 570 last summer, I had cash for half and financed the rest through Polaris/Sheffield.

Fast forward this week I was borrowing some money for some home improvements. The banker noticed my credit score had dropped about 40 points since my score was last checked. The report showed right on it that my score dropped because the "loan" with Sheffield, was maxed out. She said any time you have a line of credit and the balance is close to being "maxed out" it really hurts your score. Even though the bike is valued at say $6,000.00 and I only owe $3,000, Sheffield opens the credit for the exact amount I financed. I basically have a $3K loan with Sheffield and owe $2400 on it. She said in the future I should always finance the entire amount, then use the cash as a payment toward the first loan payment. I never thought about that and just handed my dealer the cash for a down payment and "financed" the rest. I figured "borrowing" 6K would be worse then borrowing $3K.

She said it would be better to have a loan for $15K and only owe $8K then to have a loan for $3K and to owe $3K. I will have it paid off this year and she said by next year it will recycle and my score will go back up to where it was.

Financing/credit score.

You all may already know this but I hadn’t thought about it at all. Anyone who might be financing part of an ATV might learn something.

Long story short I bought a new 570 last summer, I had cash for half and financed the rest through Polaris/Sheffield.

Fast forward this week I was borrowing some money for some home improvements. The banker noticed my credit score had dropped about 40 points since my score was last checked. The report showed right on it that my score dropped because the "loan" with Sheffield, was maxed out. She said any time you have a line of credit and the balance is close to being "maxed out" it really hurts your score. Even though the bike is valued at say $6,000.00 and I only owe $3,000, Sheffield opens the credit for the exact amount I financed. I basically have a $3K loan with Sheffield and owe $2400 on it. She said in the future I should always finance the entire amount, then use the cash as a payment toward the first loan payment. I never thought about that and just handed my dealer the cash for a down payment and "financed" the rest. I figured "borrowing" 6K would be worse then borrowing $3K.

She said it would be better to have a loan for $15K and only owe $8K then to have a loan for $3K and to owe $3K. I will have it paid off this year and she said by next year it will recycle and my score will go back up to where it was.

What’s Legal and What’s Not

Hello friends. I thought it might be fun to think a bit about what is legal to motor down our roads with, and what is not.

This is legal in all the states: see thumbnail 1

This is not legal in a majority of states: see thumbnail 2

If a 50 cc motor scooter is street legal, then why not my Can Am? I propose an ATV can be licensed and insured as a motorcycle with very similar requirements in most states. A new ATV would cost more to license than a 10 year old one. The additional revenue the counties would collect would more than offset the additional hassle of traffic policing when an ATV rider runs a stop sign. We owners can decide if the cost and hassle and risk of street riding is worth it, otherwise keep the ATV in the garage as we do now.

I think seeing an ATV on the street would be rather rare.

Do you have any mopeds riding the streets in your town? California certainly does as old ones are popular now. Show me some pictures of motorized vehicles that are "lesser" than ATVs but still street legal.

David

Attached Images
File Type: jpg 1702 Scooter.JPG (137.2 KB)
File Type: jpg 1702 Street Ride 1 (Small).JPG (186.7 KB)

What’s Legal and What’s Not

Hello friends. I thought it might be fun to think a bit about what is legal to motor down our roads with, and what is not.

This is legal in all the states: see thumbnail 1

This is not legal in a majority of states: see thumbnail 2

If a 50 cc motor scooter is street legal, then why not my Can Am? I propose an ATV can be licensed and insured as a motorcycle with very similar requirements in most states. A new ATV would cost more to license than a 10 year old one. The additional revenue the counties would collect would more than offset the additional hassle of traffic policing when an ATV rider runs a stop sign. We owners can decide if the cost and hassle and risk of street riding is worth it, otherwise keep the ATV in the garage as we do now.

I think seeing an ATV on the street would be rather rare.

Do you have any mopeds riding the streets in your town? California certainly does as old ones are popular now. Show me some pictures of motorized vehicles that are "lesser" than ATVs but still street legal.

David

Attached Images
File Type: jpg 1702 Scooter.JPG (137.2 KB)
File Type: jpg 1702 Street Ride 1 (Small).JPG (186.7 KB)

What’s Legal and What’s Not

Hello friends. I thought it might be fun to think a bit about what is legal to motor down our roads with, and what is not.

This is legal in all the states: see thumbnail 1

This is not legal in a majority of states: see thumbnail 2

If a 50 cc motor scooter is street legal, then why not my Can Am? I propose an ATV can be licensed and insured as a motorcycle with very similar requirements in most states. A new ATV would cost more to license than a 10 year old one. The additional revenue the counties would collect would more than offset the additional hassle of traffic policing when an ATV rider runs a stop sign. We owners can decide if the cost and hassle and risk of street riding is worth it, otherwise keep the ATV in the garage as we do now.

I think seeing an ATV on the street would be rather rare.

Do you have any mopeds riding the streets in your town? California certainly does as old ones are popular now. Show me some pictures of motorized vehicles that are "lesser" than ATVs but still street legal.

David

Attached Images
File Type: jpg 1702 Scooter.JPG (137.2 KB)
File Type: jpg 1702 Street Ride 1 (Small).JPG (186.7 KB)

What’s Legal and What’s Not

Hello friends. I thought it might be fun to think a bit about what is legal to motor down our roads with, and what is not.

This is legal in all the states: see thumbnail 1

This is not legal in a majority of states: see thumbnail 2

If a 50 cc motor scooter is street legal, then why not my Can Am? I propose an ATV can be licensed and insured as a motorcycle with very similar requirements in most states. A new ATV would cost more to license than a 10 year old one. The additional revenue the counties would collect would more than offset the additional hassle of traffic policing when an ATV rider runs a stop sign. We owners can decide if the cost and hassle and risk of street riding is worth it, otherwise keep the ATV in the garage as we do now.

I think seeing an ATV on the street would be rather rare.

Do you have any mopeds riding the streets in your town? California certainly does as old ones are popular now. Show me some pictures of motorized vehicles that are "lesser" than ATVs but still street legal.

David

Attached Images
File Type: jpg 1702 Scooter.JPG (137.2 KB)
File Type: jpg 1702 Street Ride 1 (Small).JPG (186.7 KB)

polaris sportsman frame rust

have some rot on the lower right frame rail of my sportsman 500. its where the footpeg connects..my question is is it still ok to ride? is the frame gonna snap? its seems fine to still ride. Also i was thinking of squirting some expanding foam in there to prevent water from getting into the frame and making it worse. Any other ideas?

2006 sportsman 500 efi fan not coming on

Bought this quad used about months ago had around my back yard with no problems at all. 1st time i took it out and did some hard riding it shut down on me about 30 minutes into the trip while riding in a shallow stream. I waited about 30 seconds and it started right back up. I never heard the fan come on and didn’t notice the dashboard flashing HOT. It rode fine for about another 20 minutes then sputtered like it wanted to shut down but never did then i took it back home. Since then i have installed a new thermostat, a new thermistor, and a temperature gauge with a fan bypass switch. I got the engine up to 195 degrees today and still no fan. When i use the switch to manually turn it on it does its job and cools the engine pretty quickly. I have 2 questions that hopefully someone can answer.. 1. What is the cause of the fan not turning on itself? and 2. If i manually control the engine temperature by turning the fan on and off as needed will it still cut out or will i be ok? What actually tells the engine to shut off? and incase you are wondering, Yes this quad was under the ecm recall and it was replaced.