finance?

[salty21]

i'm selling my cbr and am looking at what bike i want next as it's replacement. with the money from the cbr and a little bit i have saved myself i have about £3700 to spend. I keep finding bikes i really like such as sp1's/sp2's, rsv factorys, cbr600rr7-8, street triples, daytona 675's. i could go on forever as i havnt begun narrowing it down yet . All these bikes seem to be around £5000 for the condition and miles i want.

This will probably seem like a stupid question to a lot of you but i have never had dealing's with finance before, so could i put say 3.5k down as a deposit and pay the remaining 1.5k by monthly installment's? what sort of rates do you get with finance these days?. i hear all this jazz about 0% over so many years but i'm guessing thats just on brand new bikes as they know there already having your pants down. Help me people
____________________
04 NSR 125(sold) ---- 03 CBR 600rr(sold) ----90 pan euro ST1100 '' ----02 CG 125
94 CB400 Super Four ---- 2000 VTR SP1 (sold) ---- 08 ninja p8f(sold, meh) ----05 CBR600rr

[Eddie Hitler]

I'd avoid finance like the plague, £3.7k is more than enough for an awesome bike. Unlikely to find any 0% deals, saw some on a new Kawasaki recently but it was £10k+..

[salty21]

my cbr is an awesome bike. i want super awesome though
if i avoided finance i could probably cope with a crash damaged bike aslong as its mainly plastics as i can put chinese fairings on. my cbr has chinese fairings and the quality is far far better than i thought it would be. That would also put me in a good position for resale value aswell. I just fancied trying something newer.

suggestions on which bike to go for would be welcomed too, im not going to start a new thread for it as i'm still waiting for prices to drop a bit first. Im open to pretty much anything, think i'm edging toward a v-twin because i've not had one before and i love the sound
____________________
04 NSR 125(sold) ---- 03 CBR 600rr(sold) ----90 pan euro ST1100 '' ----02 CG 125
94 CB400 Super Four ---- 2000 VTR SP1 (sold) ---- 08 ninja p8f(sold, meh) ----05 CBR600rr

[Eddie Hitler]

V twin would be awesome, I'm sure alot of people would suggest getting a thou inline 4, but meh. Had mine for 3 months now (fzr1000 exup), and I regret selling my fmx650. Just is too easy to go quick. Just my 2 pence, good luck with whatever you get!

[salty21]

yeah pretty much the only bikes i have ruled out are inline 4 thou's. I find the 600 plenty fast enough, probably too fast for our roads if im honest but it's nice to have it, if only for overtakes and trackdays.
____________________
04 NSR 125(sold) ---- 03 CBR 600rr(sold) ----90 pan euro ST1100 '' ----02 CG 125
94 CB400 Super Four ---- 2000 VTR SP1 (sold) ---- 08 ninja p8f(sold, meh) ----05 CBR600rr

[John933]

Depends just how good you are with cash? One way is, if like me you have two C.C. Pay on one and do a balance transfer on to the other. And then don't use the card you have loaded up. You can get it at quite a low rate. Some will give you zero percent for so many month's, and you can pick how much you pay each month. Well worth looking in to.
John933
____________________
My trip

[salty21]

[panrider_uk]

You'd probably be better off getting a bank loan to cover the difference.

Mark
____________________
Current bikes: Honda ST1100 Pan European. Moto Guzzi V85 TT Travel

[Reppyboyo]

0% finance on some bikes isnt so bad but you will end up paying list price on them, unless you can haggle the dealer down anyway.

Otherwise, as already said a small bank loan to cover the difference will probably be better.

[Wave2k]

Finance is awful, if you are gonna do it that way, go to your bank and get a loan.

I got a 2k loan for the Ducati in 06
____________________
Ducati 1299 Panigale
2009 Corvette C6 z51
RS125->CBR400->RXS100->GSXR750K2->Ducati749S->CBR600RR5->TL1000R->DRz400->RSVR1000->Honda VTR SP1->CBR400->GSXR1000K6->Honda H100->CBR600RR3->Ducati1299

[Harold_Shand]

0% interest credit card if I was you. I think you can only get a grand on them to start off with though. Pay it back within a year though, have a look at moneysavingexpert
____________________
BCF's 6th favourite poster 2009-2010

Harold_Shand's theory might be the best explanation.

[Banned]

Get 4500 together, that money seems to buy LOTS of v nice bikes nicely run in !!

./..........................................................................
____________________
BLUEX5 wrote: Good to have you back covdude.
Ariel Badger - I like the moss and the hole !

[_Will_]

There are a fair amount of 0% credit cards out there, if you haven't settled it all by time the introductory offer end transfer the remaining balance to a new one, simples.

Depends on credit history, assets and earnings etc, but I have a few with 4-8k credit limits on 0%.
____________________
Past -Honda qr50 | 2004 Peugeot Tkr s 50| | 1996 Yamaha XJ600s Diversion|

[bEN_]

My 848 is on finance, got quite a good deal too.

good to hear your after something different because lets face it, all inline 4's have the same characteristics as everything else out there so you'd get bored again quickly
____________________
2010 Ducati 848 Dark

Lamp Post Enthusiast

[salty21]

think i'm going to avoid the finance and go for a 04/05 rsv factory. they seem to be going for about 4k for a good one. Cbr is going for 3.3k so its not a huge ammount to save up, plus im hoping prices will come down again in the next month or two
____________________
04 NSR 125(sold) ---- 03 CBR 600rr(sold) ----90 pan euro ST1100 '' ----02 CG 125
94 CB400 Super Four ---- 2000 VTR SP1 (sold) ---- 08 ninja p8f(sold, meh) ----05 CBR600rr