New to motorcycling - budget of £1500 finance

[samjonmartin]

Hello, I am starting a full time placement year on the 2nd of September and will be doing the commute from Brighton to Crawley Mon-Fri for 12 months then returning back to Univeristy. I have looked at trains which come to £200 a month. I am considering buying a motorbike as eventually I would like to get a full licence and get a proper motorbike later on in life, so I thought I may as well start now.
The main problem is that I would have to pay for the bike on finance as I have little initial capital (just about enough for a deposit). I would prefer to go for a used motorbike which is reliable rather than a cheap new Asian bike. My question is can you pay for a used bike, say bought from Ebay or Gumtree, on finance and how do you go about it.
I have looked at buying from dealers but the bike prices are quite steep, even second hand. If anyone can recommend a good site that is either close to Brighton or delivers that would be great.
My budget for a bike would be £1500 in total so I would be paying around £125 - £150 in monthly payments for 12 months. I have also debated having an 18 month contract therefore allowing my budget to go up to around £2000.


Thanks

Sam

[chris-red]

Get 0% credit card, buy bike on Credit Card, pay off monthly


https://www.moneysupermarket.com/credit-cards/purchases/

18 months interest free on tesco.
____________________
Well, you know what they say. If you want to save the world, you have to push a few old ladies down the stairs.
Skudd:- Perhaps she just thinks you are a window licker and is being nice just in case she becomes another Jill Dando.
WANTED:- Fujinon (Fuji) M42 (Screw on) lenses, let me know if you have anything.

[J4mes]

Some credit cards (my virgin card for example) are always offering me 0% on cash transfers in to my bank account which is something else you could look at.

Just remember to pay it off before the offer ends, as the cash rate tends to be quite high afterwards

[yaigi]

[Musketeer]

Credit card purchase limits your options to trade sellers only pretty much, better bikes sold privately for the same price. Also some of the trade sellers charge a fee if you want to pay with a credit card, so not exactly 0% deal.

EDIT: Oh.. forgot about eBay, my bad.
____________________
Current Bike: Yamaha XSR900 Previous bikes: Honda CBR1000RR Fireblade, Kawasaki ZX-6R Ninja, Aprilia RS125 2-stroke

[yaigi]

[ShepShep]

I have a slight suspicion your an Architecture student. Am I right, am I right?

[mic]

i just used these for a 12 month finance deal for the same amount, very happy. all fits within your budget too

https://bikerloans.co.uk/

[sabian92]

Can also get a personal loan but they always have interest and can royally shaft you in the end.

[Ribenapigeon]

£125 easily gets you a new bike from a dealer. Dealers can get you finance on second hand as well. Last year my bigger initial costs eere gear and security not the bike.

[sabian92]

[Ribenapigeon]

[defblade]

[sabian92]

[Ribenapigeon]

I thought suzuki had an £800 cashback and low interest deal on at the moment.

[sabian92]