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First big bike!

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sc125
Borekit Bruiser



Joined: 18 May 2008
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PostPosted: 19:25 - 03 Sep 2009    Post subject: First big bike! Reply with quote

hi guys passed my direct access 2 days ago!, or as its now known my mod1 and mod2, im 21 and have been looking at a few bikes and have found a a nice 2003 r6 Very Happy , the insurance is 1160 which i am gonna pay off in one go but the bike is going on finance, problem is my current bike is on finance and i dunno where i stand on getting rib of it? selling it privately and paying the loan straight of ? selling it back to the finance comapany?, i just dont know what my options are, any help is much appreciated as i really want a bike by the end of the month, thanks guys. sam
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nowhere.elysium
The Pork Lord



Joined: 02 Mar 2009
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PostPosted: 20:23 - 03 Sep 2009    Post subject: Reply with quote

98% of people on this forum will tell you that an R6 is a bad idea for a first bike. I tend to side with them.

Get something that you'll be OK with dropping once or twice, before you shell out on a tasty go-faster machine...


Trust me on this.
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'10 SV650SF, '83 GS650GT (it lives!), Questionable DIY dash project, 3D Printer project, Lasercutter project
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Whosthedaddy
Super Spammer



Joined: 11 Dec 2005
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PostPosted: 20:27 - 03 Sep 2009    Post subject: Reply with quote

Worried about finance, then buy a cheaper 2nd hand bike? Insurance will in some instances be cheaper too even though the engine cc is bigger.
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Current : MSX 125 Past : CBR 900RR Monkeybike : c50 LAC : ZXR750 H2 : FZR600 : ZX7R P3 : YW100 : TRX850: Trophy 900 T309 : GSXR 600 L0: Monkeybike : XJ6S Whosthedaddy
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Kickstart
The Oracle



Joined: 04 Feb 2002
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PostPosted: 20:29 - 03 Sep 2009    Post subject: Reply with quote

Hi

As above. Weight of larger bikes can easily catch you out, even without the extra power and sharp brakes.

As to finance, anyone buying is likely to do an HPI check and it will show it as outstanding. They will probably insist on paying directly to the finance company. Selling via a dealer trade in makes this easy, but you will get less for the bike.

All the best

Keith
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