Advice needed

[Ant161]

Evening all,

I'm currently looking on purchasing a 125cc commuter, more specifically looking at the YBR125, it's available brand new on a repay-over-three-years basis at £68 per month with a £99 (info) deposit put down, the bike works out at £2500, but I believe it'd sell for a nice amount once I've had my fair share out of it. Would this 125cc last me three years or will I hate it after one? I'm eighteen and generally want this bike to get to and from work/college, I work part time at mcdonalds, doing 14 hours a week, so this is affordable. What's your opinions, do you think this will be good for me to get, does yamaha mess you about with finance and add APR etc?

[BG5067]

The YBR is an excellent bike i Have the 2012 model, it will last for 3 years providing all servicing and maintence is up to scratch. but if you plan on going for a test and wanting a bigger bike in a year then you'll be stuck with the finance and might be hard to sell (if you tell them)


Some people will hate the 125 after a bit and go for test or upgrade but it depends on you. I'm sticking to my CBF due to the MPG as i get near 330mile per refil. Some people are the same.
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Current. Kawasaki ZX9R.

Theory passed 17/01/2014. Mod 1 Passed 03/02/2014 (0 faults) Mod 2 10/02/2014 Passed (0 faults)

[Ant161]

I guess it'd be cheaper if I went for a second hand one and just saved, that way I'm not haunted with finance and free. Only thing is, waiting to get on the road and if I saved (I have magaluf coming on the 5th of august, so still need to spend bits and bobs) it'll be back to shitty weather!

[Joncrete Cungle]

Save some cash monies up and get a second hand one. You will probably drop and / or crash it, perhaps even more than once. The depreciation on a new bike, especially if you damage it or have to pay out top dollar to get it fixed will be eye watering to someone on 14 hours at McDonalds money.

Learn your craft on a cheap tiddler and save money towards a better / bigger bike in the future.

[Rogerborg]

Do a CBT, get your gear together (not trackies and trainers), then decide.
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike

[BG5067]

I agree with everyone.

you buy 2011 models for around £1,500ish near wimbledon good milage and stuff.

Problem is with brand new, as soon as it leaves the shop it's value most likely goes down by £1k lol
____________________
Current. Kawasaki ZX9R.

Theory passed 17/01/2014. Mod 1 Passed 03/02/2014 (0 faults) Mod 2 10/02/2014 Passed (0 faults)

[BG5067]

https://www.sgtmotorcycles.co.uk/23602/used-bikes.htm


Or even something like this.
____________________
Current. Kawasaki ZX9R.

Theory passed 17/01/2014. Mod 1 Passed 03/02/2014 (0 faults) Mod 2 10/02/2014 Passed (0 faults)

[BG5067]

Link not showing bike.

Look for the GS125 half way down the page. looks good nick
____________________
Current. Kawasaki ZX9R.

Theory passed 17/01/2014. Mod 1 Passed 03/02/2014 (0 faults) Mod 2 10/02/2014 Passed (0 faults)

[Teflon-Mike]

Never say never; some-one has to buy new bikes for there to be any second hand ones, and they dont buy them as charitable excersises to subsidise other riders, they MUST be getting some value from buying new. Question is can YOU get that value.

I was told don't spend big-money on a little bike?
Should I buy New or Used?
Why are 125's SO expensive?

OK.. YBR on finance... well, the YBR is a good value bike, and yes ought to last you full 3 years and some, provided you look after it properly, and dont lob it through a hedge or anything.

What you get for your money though is a whole shed load of confidence that the bike's a good'n, and any niggles like it wobbling when you go round corners is you're riding, not some fault with the bike, and that there ought not be any major faults with the bike; ANd then a heck of a lot of convenience; you walk into the dealer and get apackage, that possibly includes a helmet, a lock or two, maybe some riding gear, even a set of L-Plates; sign on the line and ride away. You dont have to scour e-bay, gum-tree, auto-trader, phone people up, make apointments hope the bikes still there when you get there, IF you can get there, and that if it is, it is actually worth looking at, etc etc etc.

On a brand New YBR, list at £2500... sounds a lot of dosh over one three years old that you might save a grand on. BUT in the grander scheme, its one of the cheapest brand new vehicles out there, and the 'savings' in hard quids as oposed to nebulouse % are not huge.

Main thing though with a brand new bike on finance is the negetive equity trap.

Bike doesn't cost you two and a half grand, bike costs you 99 down and 36x £68 a month. Day you wheel it out the show-room, its 2nd hand value is probably £1800, and falling; but you have only repaid £99 of the £2.5K finance deal, so are about £600 in negetive equity.. ie: if you soild the bike for what it was worth, day you took it from the show room, you would be short £600 of what you needed to settle the finance on it. £600 is 9months of installements or thereabouts, but the value of the bike is still dropping as it aproaches a year old, so you probably dont reach 'parity' between what the bike is worth and the outstanding finance until about a year 18 months into the finance agreement.

Means that for a year and a half, IF you want to sell up, you will have to find extra cash to do it.

Wont be until the second half of the finance period, you actually start buying any of the bike..... up till then you are JUST paying 'Depreciation'.... and the value is still falling... just not as fast.

At two years, bikes value is probably £1500, and there will be £800 left on the finance, you'll own about 1/3 of the bike... end of the term... you own all of it... but by then probably only worth £1200... less than half what you have paid in total.

HOWEVER: value for money; you will have paid about £1300 for three years pretty trouble free use of a bike; that's about £400 in depreciation a year, but what you WONT have had to spend is big money on major repairs an older 2nd hand bike might need.

Buy a clapped out old junker, like the bikes I tend to get I can spend £1000 on fixing them up before I even get to ride one! And it doesn't take much to clock up a couple of hundred quids worth of repairs a year... in fact an MOT test that a brand new bike doesn't have to have is £30... so buying new, there's £90 of depreciation saved!

AND you ought to have had the benefit of having a 'nice' bike for that time, nice to own, nice to ride, and nice and easy to live with, and not caused you any unnessesary hassle. THAT is worth every penny of the hundred quid or so a year a brand new bike costs you over a 2nd hand one, in 'total cost of ownership'.

It CAN be a good way to go.... BUT would rely on you making the finance work to your advantage, which really comes down to being sure you will keep the bike (or the credit agreement on one via a dealer trade in on another) the full term.

Other wise it can be restrictive, frustrating, and if anything goes wrong, expensive.
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Current Bikes:'Honda VF1000F' ;'CB750F2N' ;'CB125TD ( 6 3 of em!)'; 'Montesa Cota 248'. Learner FAQ's:= 'U want to Ride a Motorbike! Where Do U start?'

[thx1138]

I bought my Fazer on 0% interest. Black Horse, a Lloyds company were the finance company.

Honda were not doing 0% finance for the CRF, so I got a new credit card with 0% on new purchases for 14 months.