People Are Crazy... and Everyone Is A Racer

?And everyone is a racer. If you doubt that, you've obviously never driven in New York City during rush hour. Look closely at the driver of that Japanese luxury car. He's just as miffed as you the racer is at having to drive fifty-five miles per hour when the speedometer on the car clearly reads one hundred and fifty. Why can't we drive it at that speed if the car can come close to it. Man, just look at him fiddling with the knobs pretending to be tuning the radio into a station. We racers know what he is really doing is setting the frequency of his imaginary laser beam roadblock remover system. You know the ones; they make little bomb sounds as we pretend we are obliterating our foes on the drive home.

If you really want to annoy him, honk your horn, tailgate him for a few seconds then cut in front of him. When he reaches his boiling point, slam on your brakes and drive slower than you were both going previously. then apply your brakes and drive slower than you were driving before you cut him off. His typical response will be one of anger, an anger borne of the pent-up frustrations of living in a high tech world and being legislated into a low-tech existence. Our driver will invariably stab the gas pedal and swerve out of the lane in an attempt to pass you back. You, in turn, speed up, knowing that his intent is to block pass you at the first opportunity, then brake check you just so you get the message.

And so this high-speed game of "chicken" unfolds on any highway others will graciously move over to let the two road-warriors carry on with the spectacle. I've participated in a more than a few such duels myself though lately I choose to be a bystander to other people's road rage. This emotionally charged ego-tripping could be very dangerous to anyone near the scene.

Society says we should be punished for breaking their law of a maximum velocity of fifty-five miles per hour (in New York at least). Most racers will try to get away with as much as we can, just like on the track and usually have the skills to pull it off. The typical driver lacks all of the needed skills and courage to indulge themselves and so after one or more two hundred dollar speeding tickets, the potential racer's lust for life is usually squashed flatter than Spongebob in the Arizona desert. They usually go home more frustrated, angrier, and two bills poorer. I'm glad I race motorcycles; I'm glad I have a family of people who know and think and feel exactly as I do... we are fortunate to be real racers.

Drivers aren't the only ones who are acting crazy either. Anyone who has walked or driven in Manhattan can attest to the fact that the craziest of all humans is not "Checkered Cabbus-Weavus"; that honor belongs to "Pedestrius Al-sue-yerbutt", the dreaded New York City pedestrian.

No other form of life on the planet is capable of staring into the eyes of the errant tractor-trailer driver and then stepping nonchalantly into the path of his serpentine behemoth. If you've never seen eighteen thousand pounds of truck with all the wheels locked up you don't know what you're missing. The puff of blue smoke in the distance alerts one to the presence of "Pedestrius Al-su-yerbutt."

While the truck driver shakes uncontrollably, trying to bring his heartbeat back below the three hundred mark, "Pedestrius Al-su-yerbutt" flashes an ear to ear grin. And why shouldn't they, they've just looked fear and death in the face and walked away unscathed. Others can only look on in amazement; children will point in their direction with wonder and awe. They are momentarily idolized as they relish fifteen seconds worth of their fifteen minutes of fame. They will be on the tongues of everyone who saw their gutsy moves,

"Holy cripes, did you see that?"

I'm glad I race motorcycles; I'm glad I have a family of people who know and think and feel exactly as I do... we are fortunate to be real racers and have our outlet.

Before we forget that this is a moto-cross story, let me get to the heart of the matter. The point is simply how much we as off road riders and racers have to be grateful for. Unlike the road-rager and "Pedestrius Al-sue-yerbutt," we don't have to drive our cars at one hundred and twenty miles per hour, nor do we have to tempt fate by stepping in front of speeding trucks just to feel that surge of adrenaline. Thank God we are real racers... I do. We aren't as unlucky as the folks who live out the two examples of non-racers.

We are the normal; we can take out our frustrations on machines that were designed to be the healers of our pressures and frustrations. We have moto-cross and the woods to keep us sane. How lucky we are indeed. I'm glad I race motorcycles; I'm glad I have a family of people who know and think and feel exactly as I do... I am fortunate to be among real racers. So when next you are privy to witness any of the afore mentioned dramas, you'll know? people are crazy, and everyone is a racer.

Michael James

*7 years covering professional motocross racing for Cycle News, mxlarge.com, motocross.com, and mxwired.com *amateur motocross racer *screenwriter - seeking representation- *8 year columnist for several motocross papers and magazines

Motorcycle Suspension: - A Troubleshooting Guide

Trouble Shooting Suspension Problems.

Adjustment locations: Forks

Rebound adjustment (if applicable) is located near the top of the fork. Compression adjustment (if applicable) is located near the bottom of the fork. Spring preload adjustment (if applicable) is generally hex style and located at the top of the fork.

Lack of Rebound

Symptoms:

? Forks are plush, but increasing speed causes loss of control and traction

? The motorcycle wallows and tends to run wide exiting the turn causing fading traction and loss of control.

? When taking a corner a speed, you experience front-end chatter, loss of traction and control.

? Aggressive input at speed lessons control and chassis attitude suffers.

? Front end fails to recover after aggressive input over bumpy surfaces.

Solution: Insufficient rebound. Increase rebound "gradually" until control and traction are optimized and chatter is gone.

Too Much Rebound

Symptoms:

? Front end feels locked up resulting in harsh ride.

? Suspension tucks in and fails to return, giving a harsh ride. Typically after the first bump, the bike will skip over subsequent bumps and want to tuck the front.

? With acceleration, the front end will tank slap or shake violently due to lack of front wheel tire contact.

Solution: Too much rebound. Decrease rebound "gradually" until control and traction are optimized.

Lack of Compression

Symptoms:

? Front-end dives severely, sometimes bottoming out over heavy bumps or during aggressive breaking.

? Front feels soft or vague similar to lack of rebound.

? When bottoming, a clunk is heard. This is due to reaching the bottom of fork travel.

Solution: Insufficient compression. Increase "gradually" until control and traction are optimized.

Too Much Compression

Symptom:

? Front end rides high through the corners, causing the bike to steer wide. It should maintain the pre-determined sag, which will allow the steering geometry to remain constant.

Solution: Decrease compression "gradually" until bike neither bottoms nor rides high.

Symptom:

? Front end chatters or shakes entering turns. This is due to incorrect oil height and/or too much low speed compression damping.

Solution: First, verify that oil height is correct. If correct, then decrease compression "gradually" until chattering and shaking ceases.

Symptom:

? Bumps and ripples are felt directly in the triple clamps and through the chassis. This causes the front wheel to bounce over bumps.

Solution: Decrease compression "gradually" until control is regained.

Symptom:

? Ride is generally hard, and gets even harder when braking or entering turns.

Solution: Decrease compression "gradually" until control is regained.

Adjustment Locations: Rear Shock

Rebound adjustment (if applicable) is located at the bottom of the shock. Compression adjustment (if applicable) is located on the reservoir. Spring prelude is located at the top of the shock.

Shock: Lack of Rebound

Symptoms:

? The ride will feel soft or vague and as speed increases, the rear end will want to wallow and/or weave over bumpy surfaces and traction suffers.

? Loss of traction will cause rear end to pogo or chatter due to shock returning too fast on exiting a corner.

Solution: Insufficient rebound - Increase rebound until wallowing and weaving disappears and control and traction are optimized.

Shock: Too Much Rebound

Symptoms:

? Ride is harsh, suspension control is limited and traction is lost.

? Rear end will pack in, forcing the bike wide in corners, due to rear squat. It will slow steering because front end is riding high.

? When rear end packs in, tires generally will overheat and will skip over bumps.

? When chopping throttle, rear end will tend to skip or hop on entries.

Solution: Too much rebound. Decrease rebound "gradually" until harsh ride is gone and traction is regained. Decrease rebound to keep rear end from packing.

Shock: Lack of Compression

Symptoms:

? The bike will not turn in entering a turn.

? With bottoming, control and traction are lost.

? With excessive rear end squat, when accelerating out of corners, the bike will tend to steer wide.

Solution: Insufficient compression. Increase compression "gradually until traction and control is optimized and/or excessive rear end squat is gone.

Shock: Too Much Compression

Symptoms:

? Ride is harsh, but not as bad as too much rebound. As speed increases, so does harshness.

? There is very little rear end squat. This will cause loss of traction/sliding. Tire will overheat.

? Rear end will want to kick when going over medium to large bumps.

Solution: Decrease compression until harshness is gone. Decrease compression until sliding stops and traction is regained.

Mark Thompson has spent the past 20 years racing motorcycles and managing Race teams and riders. He now runs the <a target="_new" href="http://www.trackbikes.co.uk">Trackbikes</a> Website along with a number on Internet Ventures

It?s One Thing for People to Buy Your Product or Service, but It?s Another for Them to Tattoo Your

William Harley and Arthur Davidson, both in their early twenties, built their first motorcycle in 1903. During their first year, the company's entire output was only 1 motorbike; however, by 1910, the company had sold 3,200. Movies such as Easy Rider made Harleys a cultural icon and soon the company attracted people who loved its bad-boy mystique, powerfulness, rumbling voice, distinctive roar, and toughness. It sounded like nothing else on the road, and even Elvis Presley and Steve McQueen longed to ride one.

The Harley-Davidson Motor Company has had its ups and downs, and at times, the downs seemed as if they would end in bankruptcy. In the sixties, Honda, Kawasaki, and Yamaha invaded the American market, and when sales at Harley-Davidson dropped drastically due to decreasing quality and increasing competition, the company began to look for buyers and was finally sold. However, the new owners of Harley Davidson knew little about how to restore profitability. The quality became so bad that dealers had to place cardboard under bikes in the showroom to absorb the oil leaking.

Daniel Gross, in Forbes Greatest Business Stories of all Times, recounts how in 1981, with the aid of Citibank, a team of former Harley-Davidson executives began negotiations to reacquire the company and rescue it from bankruptcy. Among these executives was William Davidson, the grandson of the founder Arthur Davidson. In a classic leveraged buyout, they pooled $1 million in equity and borrowed $80 million from a consortium of banks lead by Citibank.

Harley's rescue team of loyal executives knew that the Japanese motorbike manufacturers were far ahead in regard to quality management, and they made a bold decision to tour a nearby Honda plant. Paradoxically, the Japanese had learned Total Quality Management from the Americans, Edwards Deming and Joseph Juran. The new business concept outlined by these two pioneers was a new management approach that, interestingly enough, had been rejected by American manufacturers. As a result, they offered this approach to Japanese manufactures that were eager to learn and implement it. Therefore, soon after their tour of the Honda plant, the Harley Davidson Motor Company decided to put into practice this originally rejected approach.

After implementing just-in-time inventory (JIT) and employee involvement, costs at Harley had dropped significantly; this meant that the company only needed to sell 35,000 bikes instead of 53,000 in order to break even. Their lobbying at Washington also helped, and import tariffs were raised temporarily from 4 to 40 percent on Japanese bikes. This extra breathing space was something that the U.S. motorbike company desperately needed for its recovery.

The combination of visiting a Japanese motorbike manufacturing plant and lobbying in Washington for import tariffs was a daring move on behalf of Harley's executives in their attempt to bring back profitability and growth to the company. Another important strategic move was the company's unique marketing and branding campaigns. Studies showed that about 75 % of Harley customers made repeat purchases, and executives quickly recognized a pattern that refocused the company's overall strategy. Simply put, they needed to find a way to appeal to the extraordinary loyalty of customers, which they found in creating a community that valued the experience of riding a Harley more than the product itself.

The sponsorship of a &quot;Harley Owners' Group&quot; has been one of the most creative and innovative strategies that has helped create the experience of this product. Without realizing it, Harley executives had pioneered a new paradigm that would be increasingly embraced by other industries in their quest to increase profitability by converting their product into an experience. The company started to organize rallies to strengthen the relationship between its members, dealers, and employees, while also promoting the Harley experience to potential customers. The Harley Owners' Groups became immensely popular; it allowed motorcycle owners to feel as if they belonged to one big family. In 1987, there were 73,000 registered members, and Harley now boasts to have no less than 450,000 members.

In 1983, the company launched a marketing campaign called SuperRide, which authorized over 600 dealerships to invite people to test-drive Harleys. Over 40,000 potential new customers accepted the invitation, and from then on, many customers were not just buying a motorcycle when they bought a Harley; instead, they were buying &quot;the Harley Experience.&quot;

Harley-Davidson offered its customers a free one-year membership to a local riding group, motorcycle publications, private receptions at motorcycle events, insurance, emergency roadside service, rental arrangements on vacation, and a host of other member benefits. Branding the experience, not just the product, has allowed the company to expand how it captures value, including a line of clothing, a parts and accessories business, and Harley-Davidson Visa card.

If you were to scan the list of companies that delivered the greatest returns on investment during the 1990s, you would discover Harley-Davidson. Only a few companies have been successful in inventing entirely new business models, or profoundly reinventing existing ones. Harley-Davidson went from supplying motorcycles to antisocial raiders to selling a lifestyle to the aging bad boy wannabes caught in their midlife crises. Traditionally, Harley-Davidson bike owners came from the working and middle classes, but as quality and prices of the bad-boy-bikes rose, and with energetic marketing, the company soon attracted a different class of buyers-currently one third of Harley buyers are professionals or managers, and 60% are college graduates. The new customer segments of Harley are the Rolex Riders or the Rich Urban Bikers. Hell's Angels do not run in the same group anymore. Now there are groups of accountants, lawyers and doctors. Women also account for a significant portion of the new riders, and there are women-only riders clubs spreading all over the globe.

The future looks bright for the U.S. motorbike company. According to The Economist, overall U.S. sales increased over 20% in 2000, and more than 650,000 new motorcycles were sold in the U.S. in the same year, up from 539,000 the year before. Bike buyers spent an estimated $5.45 billion on new bikes in 2000.

Stay alert and get it early. The new branding paradigm is to sell a lifestyle, a personality and it is also about appealing to emotions of your customers. Increasingly, it will be more and more about creating an experience around the product. Brand managers and executives will need a new set of lenses. The rules have changed as well as the opportunities to maximize profitability and create value in the process. Nonetheless, the majority of companies continue to follow traditional ad campaigns and they seem to ignore the fact that the media has fragmented into hundreds of cable channels, thousands of magazine titles and millions of Internet pages.

Consumers are no longer sitting ducks for commercials; they are looking for new experiences. Whether it is the bad-boy-aura of the Harley riding experience, the exquisite coffee experience in Starbucks caf?s, or the active participation in Net communities, more and more companies will need to follow these early new branding pioneers. They will need to look into the dynamics of their relationships with customers and the nature of their interaction. They will need to ask themselves some serious &quot;out-of-the-box&quot; questions if they want to move with the shifting value that is the result of constantly changing market conditions.

Branding has changed and so have marketing and advertising campaigns. New variability, heterogeneity where there was once homogeneity, newly emerging stratifications of wealth, new preferences, and new life styles are all characteristics of the 21st century customer that are here to stay. We better get used to it, at lease until the next paradigm is discovered. Remember, the companies that are creating new wealth are not just getting better; they are becoming different-mind-bogglingly different!

Bibliography:
Barker, Joel. Paradigms. Harper Business, 1993.

Bedbury, Scott. A New Brand World: Eight Principles for Achieving Brand Leadership in the 21st Century, Viking Press, 2002.

Gross, Daniel: Forbes Greatest Business Stories of All Time, John Wiley & Sons, 1997.

Hamel, Gary. &quot;Innovation Now,&quot; in Fast Company (http://www.fastcompany.com/online/65/innovation.html), December 2002

Kotter, John P., Leading Change, Harvard Business School Press, 1996, pp. 4 ? 14.

Teerlink, Rich, and Ozley, Lee: More Than a Motorcycle: The Leadership Journey at Harley-Davidson, Harvard Business School Press, 2000. Young, James Webb. Technique for Producing Ideas, McGraw-Hill, p. 14.

Josef Schinwald is consultant in Performance Measurement and professor in Business Strategy at the University of Belgrano, Buenos Aires, Argentina, and his didactic material must not be replicated without the given permission to do so. Copyright ? 2003-2005 Business Design Innovation. Josef is also owner of ValueQuest, LLC, a e-commerce business, and you can visit his sites at My Motorcycle Leather <a target="_new" href="http://www.my-motorcycle-leather.com">http://www.my-motorcycle-leather.com</a> and Stylish Wedding Favors <a target="_new" href="http://www.stylish-wedding-favors.com">http://www.stylish-wedding-favors.com</a>.

Auctions and Car Transport: Everything You Need To Know

Everyone has wanted to sell a car at some point and in the age of Internet auctions, there are more options than ever when it comes to selling your car whether it's an '05, '78 or a '20. With this ever expanding world of options comes the need to make delivery after you've sold the vehicle and that requires a car transport service.

Depending on the auction service, you can list that shipment of the item is completely up to the buyer's discretion or offer a method of transportation to fold into the final price.

The first is often more preferable to buyers because it allows them to shop various car transporters themselves to find the one that suits them best. However, if you decide to fold the cost of the shipment along with a hand picked transporter into the auction of your car, there are some things you need to do.

First, you need to narrow down your selection of transporters in some fashion that incorporates not only their price ranges but also their reliability and service records. Remember, that by folding in the selection of the transporter to the auction, you are in some way taking responsibility for the shipment both before you deliver it to the transporter and after.

Second, to simplify the matters with regard to the auction, make sure you have all the information about your selected transporter at hand. Include this information in the auction information. When buyers look through potential cars to buy on auctions they are as concerned about the cars they are looking at as to how they might get there.

Some buyers may not want to use the transporter you have selected; you may or may not wish to include that as an option to turn down on the buyer's part.

Finally, when you are ready to list the car as well as the transporter information, be sure to include a series of price quotes from the transporter from the car's location to major hubs on both coasts, the mid-west and include both upper and lower sides of the coasts, mid-Atlantic and so on.

This will allow the buyer to guess based on their proximity to one of those locations what the cost will likely be. Always be sure to list that the quotes are not exact and are not final until the buyer's shipping information is received.

It may seem like more work than it's worth to go through all of this prior to listing the car that you want to sell, it will pay off at the auction's closing. As the seller, you simply wait to confirm where the car is being transported to and confirm a final quote from the transportation company.

Once the seller receives the payment from the buyer they can get the car to the transportation company of their choice and not have to worry if the buyer chooses a transporter that will be a hassle for you the seller.

While most buyers and sellers work in fairly cooperative relations in order to receive the item sold and the payment for the item, sometimes having the game plan set will save a lot of time.

Discover vital information and advice about car and auto transport services. Find out what you must do, and what you must not do. Click <a target="_new" href="http://www.auto-transport-101.com/">http://www.auto-transport-101.com/</a>

Do You Need a Part for Your Harley Davidson Motorcycle?

Need a Harley Davidson Part for your ride?

<B>Where do you get a good quality Harley Davidson Part? Can I use an aftermarket part?

These questions are not easy to answer. It depends a lot on your situation, part you're looking for, and the money you want to spend.

The bottom line......... you have to decide.

I have a little information here that may be useful to you, so keep reading!

<B>An OEM part versus an aftermarket part.

An <B>OEM (Original Equipment Manufacturer) part are of course the genuine Harley Davidson Part you would find at an authorized Harley dealer.

These parts are original in that they have the exact same specifications that came with the original part.

These parts however many not have been manufactured by Harley Davidson themselves (at their physical location). Harley may get another company to manufacture these parts to Harley specs, and then they will sell them in the Harley box as OEM.

OEM parts are generally more expensive, and almost always recommended by the dealer. (They make their money by selling parts not bikes)

The dealer will most likely tell you that OEM parts are of a higher quality. This may or may not be true.

An <B>Aftermarket part should perform as well as an OEM but take note. These parts were made by a company other than the original manufacturer.

Sometimes after a certain time period the original manufacturer of a part will allow the company that physically manufactured the part to sell it at a reduced price and in their own packaging. The part now becomes an OEM aftermarket part.

Normally after a certain period of time, the manufacturer will allow the company that originally designed/produced the part to sell it in their own box at a considerably lower cost, making it: an Aftermarket OEM part

So what does this tell you about that Harley Davidson Part that you need?

If you cannot find the quality in an aftermarket part, then search for the OEM provided it is in your price range.

There is a lot of competition out there between vendors who want your dollar. An aftermarket Harley part, for your Harley Davidson are generally of good to excellent quality.

If you own a Harley, sooner or later you will have to buy parts for it. Buying online has its conveniences and you don't have to go downtown and fight traffic.

Keith Nivon is an avid Harley Davidson Motorcycle Enthusiast! His website contains information on all things Harley Davidson. <a target="_new" href="http://www.everything-harley-davidson.com">http://www.everything-harley-davidson.com</a> is a great article resource for anyone who shares a passion for Harley Davidson Motorcycles. Have a look at <a target="_new" href="http://www.everything-harley-davidson.com/harley-davidson-part.html">http://www.everything-harley-davidson.com/harley-davidson-part.html</a> for more info on parts.

Avoiding Excessive or Uneven Front Tire Wear

All rubber tires wear down over time, whether they're on a motorcycle or automobile. However, you want to watch out for uneven or excessive wear, both of which can cause serious problems for motorcycle riders. If you pay attention to the following causes of excessive and uneven wear, you will extend the life of your tires and keep yourself safe:

1. Improper Tire Pressure - We have all heard about the importance of maintaining proper tire pressure at all times. Improper air pressure in your tire is a big reason for many tire problems and failures. Be sure your tires have the recommended pressure in them at all times.

2. Humped Roads -- Most roads are "humped" slightly in the middle or banked away from the center to allow rain and water to drain off. However, this hump can have a dramatic effect on one side of your motorcycle's front tire because the side of the tire closer to the center of the road will wear faster. There's not much you can do about this, and it can become very visible if you ride a lot. So be aware of this phenomenon and check the left side of your front tire often.

3. Disproportionate Cupping -- Cupping is a normal phenomenon on rubber tires that occurs when the brakes are applied. However, excessive use of the front brake can produce disproportionate cupping, when one side of the tire is more cupped than the other. Using the front brake will naturally put more pressure and force on the front tire to make it stop, thereby using up more rubber.

4. Wheel Alignment - While this problem is not as common on motorcycles as it is on cars, it causes uneven tire wear. Any number of things can cause wheel misalignment on motorcycles, including getting into a fender bender, riding over potholes, jumping over sidewalks and curbs, etc. It is a good idea to have your wheel alignment checked out at least once a year to make sure that a misalignment isn't unevenly wearing your front tire.

5. Shock Absorbers -- A bad shock absorber can wreak havoc on the handling of your bike and promotes uneven front tire wear. So make sure your shocks are in good shape.

6. Improper Loading -- The final major problem to keep in mind is improper loading of your bike, which causes your front tire to wear unevenly. Proper weight distribution is essential to being able to handle and steer your bike safely. Loading down one side of your saddlebag with tools or equipment can keep you from riding as vertically as possible, creating uneven tire wear.

So check your tires frequently, and keep these causes in mind if you begin noticing excessive or uneven front tire wear. Having the knowledge and taking the proper precautions will not only make you a safer rider but will prolong the life of your bike's tires.

Jeff Sinason aka Tools - is the owner <a target="_new" href="http://www.bikerwares.com">Bikerwares.com</a>. Being an avid biker, he spends most of his time working on his web site and touring the country.

Welcome To The World Of ?Upside Down? Motorcycle Loans!

With the depreciation on motorcycles being so enormous after they are driven off the showroom floor, the potential for a buyer owing more on their motorcycle loan than the bike is worth it quite high. Owing more on your bike than it is worth is often referred to as the world of &quot;up side down&quot;.

Many people finding themselves in this situation discover that financial lessons are sometimes the hardest and most expensive to learn. Motorcycle loans of more than 48 months (especially without a down payment) put you in the position of owing more than the value of the bike.

Let's take a look at this phenomenon.

First, the interest calculation your lender uses can make a big difference in your situation, especially in the first 18 months. There are two primary interest calculations, pre-computed (combined with rule of 78) and simple interest.

Pre-computed interest combined with Rule of 78, is typically the worst situation for a buyer because most of the interest is paid in the first 24 months. Therefore, in the first 24 months little of the monthly payment has gone towards paying down principal. If a buyer wishes to sell or trade in the motorcycle within this timeframe they will likely find themselves owing more than the bike is worth. Statistics show that the average owner trades in every 18-24 months.

Simple interest on the other hand, is much more favorable for buyers since interest accrues on the balance of the loan. However, buyers that extend their loans for greater than 48 months can still find themselves up side down with simple interest. This is especially true if a down payment is not made. The reason this occurs is that the motorcycle depreciates faster than the principal is paid; leaving the balance owed to the lender to be more than the bike can be sold for.

A common view that many people have is that they will just surrender their motorcycle to the lender if they are caught in an &quot;up side down&quot; position. If you are considering this option don't! Your worries do not just end after your bike is surrendered or repossessed; in fact they are just beginning. The lender will sell your bike at an auction for much less than it is worth. You will still owe the difference between the amount you owed on your loan and the amount the motorcycle sold for at auction. So if you owe $5000 and the bike sells for $1500, you still are responsible for owing the lender $3500. To make it worse lenders may tack on hefty auction fees which you will owe as well. So the net result is that you are now responsible for making monthly payments on a bike you can no longer ride.

So what steps can you take to prevent from being caught &quot;up side down&quot;?

1. Find a lender that uses simple interest. Avoid lenders that use pre-computed / Rule of 78 interest calculations.

2. Always try to put money down on your purchase.

3. Try to avoid motorcycle loans that extend past 36 months.

Jay Fran is a author and publisher for a website that specializes in <a target="_new" href="http://www.motorcycle-financing-guide.com">Motorcycle Loans: High Risk OK</a>. A comprehensive resource on simple interest motorcycle financing, poor credit, new, used and bad credit motorcycle loans.