Hey all, here's my situation.
I have a 96 Kat that has served me well for almost a year, I've enjoyed riding it, but it's starting to look like it's needing more and more maintenance. I'm a college student so money and time are my limiting factors to everything I do. I also have no car so when the bike goes down for maintenance, I'm SOL.
In the coming months, I have an opportunity to get a $2500-3000 refund on my tuition. I can also take out a larger loan than I "need" for the summer semester (I usually borrow 1-2k over what I need to cover misc expenses during the semester)
So, if I don't suck at flying this semester and I take out a loan I could have 5k to spend on a bike this summer. If I do suck at flying, I'll have 1-2k to spend (as I won't get the tuition refunded).
So here are the options I have:
1. Stick with just the Kat, and keep fixing it and keep needing rides and charity every time it goes down for work.
2. Buy a second bike in similar shape to the Kat and use it when the Kat is down
3. Use the 1-5k I may have (possibly) on a newer bike this summer
4. Use that money as a down payment on a new bike
I'm not comfortable with buying anything but my college on credit so the last one is basically out. Which of the 3 would you do? Or is there another choice I'm missing?
I have a 96 Kat that has served me well for almost a year, I've enjoyed riding it, but it's starting to look like it's needing more and more maintenance. I'm a college student so money and time are my limiting factors to everything I do. I also have no car so when the bike goes down for maintenance, I'm SOL.
In the coming months, I have an opportunity to get a $2500-3000 refund on my tuition. I can also take out a larger loan than I "need" for the summer semester (I usually borrow 1-2k over what I need to cover misc expenses during the semester)
So, if I don't suck at flying this semester and I take out a loan I could have 5k to spend on a bike this summer. If I do suck at flying, I'll have 1-2k to spend (as I won't get the tuition refunded).
So here are the options I have:
1. Stick with just the Kat, and keep fixing it and keep needing rides and charity every time it goes down for work.
2. Buy a second bike in similar shape to the Kat and use it when the Kat is down
3. Use the 1-5k I may have (possibly) on a newer bike this summer
4. Use that money as a down payment on a new bike
I'm not comfortable with buying anything but my college on credit so the last one is basically out. Which of the 3 would you do? Or is there another choice I'm missing?
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