Finance on a bigger bike?

[Nedmonds]

Ok well i want a bigger bike im fixing up my rs 125 for the odd occasion or winter or bad conditions and im going to do my A2 as soon as possible

There for im going to buy a bigger bike,

Is it worth taking out finance on say a GSXR600 or a ZXR400?

might sell my rs 125 in the summer

Be quick with replys as im going to order some stuff for my 125 and if u think i should take finance ill keep my money and get a bigger bike...


Cheers


Neil

[Black Knight]

I would take any sort of loan unless you really have to mate.

What condition is your RS in? If its in reasonable nick you would probably be better selling that off now.

Do you really need to keep it as a winer hack? Winter is pretty much over now. It might be a little cold and wet but we'rewover the worst of it.

Even if you do really want a winter hack, I wouldn't use the RS. Get something off ebay after summer (cheap time) with 3 or 4 months tax ands mot left on it. That'll get you through winter and you really don't need to spend more that £500.

With regard to the finance, I wouldn't bother, you're better off buying private with as much cash saved as you can. If you haven't got enough borrow on credit cards. Apply for two, withdraw the cash on one (at 20% or whatever), then transfer the balance at a 0% offer for 6 months. This should allow you to pay back whatever deficit you borrowed intrest free, as long as you do it within the 6 months obviously.

Rick
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Where does a turn end? 'Where you can do anything with the gas you want to, where you are brave again, where your attention is free from the turn, where you are sure you can do it better next time; that's the end' - Keith Code.

[Jammy-R6]

I took out a loan to buy my R6, wanted to enjoy the summer and do some trackdays this year, and I couldn't wait and save up as i'm impatient! Don't regret it at all, can afford the repayments and still have over £500 disposable income a month so I'm happy. Up to the individual though.

[True Blue]

Personally I'd steer clear of finance deals and go for an unsecured loan.
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Past >>>> Honda NSR 125 >>>> Suzuki GSXR 600 K1 >>>> Suzuki GSXR 600 K4 >>>>Kawasaki Z1000 DAF >>>>Suzuki RMZ 250 >>>> Current >>>> KTM Superduke R 1290 >>>>

[Stevie GooGs]

Yup i did the same, get a personal loan from the bank and just dd it off your salary every month.
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Current: 2019 Yamaha T7 -> 2015 KTM Superduke R | 2000 Yamaha R1 Past -> 2009 KTM 990 SM -> 2005 kawasaki ZX10r -> 2000 Honda CBR 600 FY -> 2002 Honda XLV 125 Varadero
Bike Pics! -> My Photography Website

[Nedmonds]

Ok well im already paying back a loan lol i took out over xmas and i have a baby comeing along soon but i also have a bit of a disposable income, im on about £1250 a and i work 2 or 3 weeks a month at most so its still ok, Seen an R6 now and i really really want it cus im really impatient too lol and when i see something i want i think fuck it im having that, i live in the moment and what ever lies ahead lies ahead tbh. Never think of the consiquences

[Stevie GooGs]

[BigChris]

[Nedmonds]

Googs are u indicating that my safety awareness might not be up to scratch because of what i said?.

If so then u are wrong i meant that as a figure of speach, implying that i dont like to look to far into the future and worry all the time, there are many more things i can do with my life other than stress my self out lol.

Other than that im still looking at bikes and im still unsure what to get i would rather buy a bigger bike before i do my test as it will motivate me to get it done cus ill prob just think ill do it next week and so on and so on..


Cheers

Neil

[Misc]

I wouldn't like finance because if you crash the bike or right it off then you will have no bike & still paying for it each month...

[BigChris]

but you can claim insurance and default on payments (if unsecured)

[thx1138]

I'd steer clear of credit as much as possible. It's a millstone round your neck while you pay it off.

[syl]