Showing posts with label motorcycle. Show all posts
Showing posts with label motorcycle. Show all posts

Thursday, July 23, 2009

Still more about Motorcycles..the Can Am Spyder

Ever seen a motorcycle with 3 wheels. Usually the 2 wheels are in the back but what if they were in the front. That is how the Can Am Spyder is made. With it's Y build, it is more stable than most other 3 wheelers going round corners and at high speed. It has Stability Control, Traction Control and Anti-Lock Brakes to make sure you are safe. On top of all that, you can not start it without the correct coded key. Here is a pic that shows a rider at high speed in the rain. I don't suggest going too fast in the rain, but is your gonna do it then this is the bike to be on.
Not long ago if you wanted to ride on one of these, you could not go to a nearby dealer but that is no longer the case. We have 5 dealers in Pa now ( YAHOO )so you can see it, ride it and take it home.

Article from Motorcycle USA on the Spyder

Link to Philly Spyder

Considering buying a Motorcycle.. Now may be the right time

We all hear of the the stimulus package that the President put into action. I hear and hear but don't see it doing much but I finally found something in it that could be worth while. Looks like a motorcycle purchase is included and you can save up to 10% on your purchase, up to $2500. Here is an excerpt of an article I found that explains more.

Vehicles eligible for the motorcycle tax deduction added to the American Recovery and Reinvestment Act are likely to include on-road and dual-sport motorcycles, as well as motor scooters and mopeds, according to the American Motorcyclist Association (AMA). The tax deduction -- first reported by the AMA on Feb. 14 -- was added at the eleventh hour to the landmark $787 billion stimulus package that President Barack Obama signed into law on Feb. 17. The law also includes a 10 percent tax credit up to $2,500 for street-legal electric motorcycles purchased by December 2011.

To illustrate the impact of the tax deduction, consider the case of a new motorcycle purchase of $10,500. For a 7.5 percent sales tax rate, the tax would be $787.50. To take advantage of the new law, purchasers would include that amount on their 2009 federal income tax return, meaning that their taxable income would be reduced by that amount before taxes are calculated. States set their own sales tax rates, so the actual amount of savings will depend on the taxpayer's state and tax rate.

The complete article can be found here