If I were in your financial situation, I would just get a beater and sell it when I have at least 10k for reserves. You can prob sell the beater more than you paid for it, doubt you can do that with the 370. I also don't think getting a motorcycle is a good idea if you ever want settlement from pain and suffering. Insurance company with try to screw you over in all possible ways.
At the end of the day, a car is a depreciating asset, don't go in deep debt for something that keeps on losing money.
Regarding the interest rate, a salesman will tell you anything for your signature. In a year your APR prob drop by half a percent, then what are you going to do? And don't forget any refinance fees.
The best way to build credit is getting store credit cards and use it once a month and pay it off right away.
Just my .02 from my finance background
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