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minichez
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Joined: 16 Mar 2014
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PostPosted: 14:53 - 22 Mar 2014    Post subject: Bike rentals? Reply with quote
I was looking into getting a bike and wondered how much it would be to just rent a bike instead of buying one. Does anyone know how much it would be and any places that are good for it. It would be for an extended period of time like months. Not like a day or two. Cause I've seen expensive bike hiring

Cheers
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Rogerborg
nimbA



Joined: 26 Oct 2010
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PostPosted: 15:37 - 22 Mar 2014    Post subject: Reply with quote
You'll get mugged and then left bleeding in the gutter.

What's the issue with buying one?
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BG5067
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Joined: 19 Mar 2010
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PostPosted: 15:48 - 22 Mar 2014    Post subject: Re: Bike rentals? Reply with quote
minichez wrote:
I was looking into getting a bike and wondered how much it would be to just rent a bike instead of buying one. Does anyone know how much it would be and any places that are good for it. It would be for an extended period of time like months. Not like a day or two. Cause I've seen expensive bike hiring

Cheers


i think eventually it might cost the same as a 2nd hand bike
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Baffler186
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Joined: 31 May 2013
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PostPosted: 16:01 - 24 Mar 2014    Post subject: Reply with quote
https://www.motorcycles2hire.co.uk/portfolio-item/yamaha-xj6s-diversion/

£360/week or £80 for one day for most of the "middle weights"
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Baffler186
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Joined: 31 May 2013
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PostPosted: 16:02 - 24 Mar 2014    Post subject: Reply with quote
oh, just re-read your post Embarassed
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map
Mr Calendar



Joined: 14 Jun 2004
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PostPosted: 16:21 - 24 Mar 2014    Post subject: Reply with quote
Slightly off-topic but do any bike makers/dealers to the personal leasing plan idea that you can get for cars now?

You know the deal, pay a biggish deposit then monthly amount based on how many miles you think you'll do. Then after 3 years pay a balance and keep or trade in and start again. Servicing is usually included although consumables such as tyres may or not be (depends on deal or lease plan). Peugeot do the 'just add fuel' lease deal for cars.

I haven't heard of any so putting this out there for any feedback. I guess the problem is in persuading people to keep a bike for 3 years if thinking the same as for the cars.
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BravoCharlie
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Joined: 06 Jun 2012
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PostPosted: 16:27 - 24 Mar 2014    Post subject: Reply with quote
map wrote:
Slightly off-topic but do any bike makers/dealers to the personal leasing plan idea that you can get for cars now?

You know the deal, pay a biggish deposit then monthly amount based on how many miles you think you'll do. Then after 3 years pay a balance and keep or trade in and start again. Servicing is usually included although consumables such as tyres may or not be (depends on deal or lease plan). Peugeot do the 'just add fuel' lease deal for cars.

I haven't heard of any so putting this out there for any feedback. I guess the problem is in persuading people to keep a bike for 3 years if thinking the same as for the cars.


When I was at the local Yamaha dealer they were offering That offer on the xj6's and their fz1's, was a good few months ago now though
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DrSnoosnoo
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Joined: 28 Mar 2012
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PostPosted: 17:48 - 24 Mar 2014    Post subject: Reply with quote
Suzuki offer that lease, something like the rider plan i think its called
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clancy
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Joined: 11 Apr 2009
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PostPosted: 18:21 - 24 Mar 2014    Post subject: Reply with quote
map wrote:


You know the deal, pay a biggish deposit then monthly amount based on how many miles you think you'll do. Then after 3 years pay a balance and keep or trade in and start again. Servicing is usually included although consumables such as tyres may or not be (depends on deal or lease plan). Peugeot do the 'just add fuel' lease deal for cars.

I haven't heard of any so putting this out there for any feedback. I guess the problem is in persuading people to keep a bike for 3 years if thinking the same as for the cars.


its essentially just balloon finance isnt it ? basically anywhere that offers finance can offer that, they just dont necessarily advertise it for bikes. but they make more money out of it so id be shocked if they said no to someone wanting it
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BravoCharlie
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Joined: 06 Jun 2012
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PostPosted: 18:36 - 24 Mar 2014    Post subject: Reply with quote
clancy wrote:
map wrote:


You know the deal, pay a biggish deposit then monthly amount based on how many miles you think you'll do. Then after 3 years pay a balance and keep or trade in and start again. Servicing is usually included although consumables such as tyres may or not be (depends on deal or lease plan). Peugeot do the 'just add fuel' lease deal for cars.

I haven't heard of any so putting this out there for any feedback. I guess the problem is in persuading people to keep a bike for 3 years if thinking the same as for the cars.


its essentially just balloon finance isnt it ? basically anywhere that offers finance can offer that, they just dont necessarily advertise it for bikes. but they make more money out of it so id be shocked if
they said no to someone wanting it



it's called a Personal Contract Purchase (PCP), it's useful for people who change every 3/4 years, not so useful for those who change every 5 years and not so useful for those who occasionally change before their contract ends as it leaves a lot of negative equity in most instances. good way to keep monthly payments down, though.

i dunno about the bike industry but i know in the motor trade you need a pretty good credit rating for a PCP deal, blackhorse can be quite strict with it
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clancy
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Joined: 11 Apr 2009
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PostPosted: 18:46 - 24 Mar 2014    Post subject: Reply with quote
sorry bravocharlie didnt make my post that clear

i know hes on about PCP, i was just saying isnt it essentially just balloon finance though ?

as that is a deposit, low monthly installments for 2-4 years ( or whatever you set up) then a large one off payment to own the vehicle at the end. or you trade in the vehicle at the end of the period and get something else and therefore dont pay the balloon payment
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BravoCharlie
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PostPosted: 18:57 - 24 Mar 2014    Post subject: Reply with quote
clancy wrote:
sorry bravocharlie didnt make my post that clear

i know hes on about PCP, i was just saying isnt it essentially just balloon finance though ?

as that is a deposit, low monthly installments for 2-4 years ( or whatever you set up) then a large one off payment to own the vehicle at the end. or you trade in the vehicle at the end of the period and get something else and therefore dont pay the balloon payment


nah you're spot on mate, sorry, i didn't mean to sound as though i was correcting you, just thought i'd mention to folk the name of it incase they were to spot it on a bike or that Thumbs Up
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clancy
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PostPosted: 19:01 - 24 Mar 2014    Post subject: Reply with quote
No worries man Thumbs Up just wasn't sure if it was technically a different thing or not
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BravoCharlie
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PostPosted: 19:06 - 24 Mar 2014    Post subject: Reply with quote
nope, it's exactly that. also, the other option is that at the end of the term you can hand the bike back to the finance company and walk away from the deal altogether Smile
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Northern Monkey
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Joined: 17 Nov 2013
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PostPosted: 13:58 - 25 Mar 2014    Post subject: Reply with quote
map wrote:
Slightly off-topic but do any bike makers/dealers to the personal leasing plan idea that you can get for cars now?


I bought my bike on a PCP deal with honda with 0% interest. Final payment is only £1500, so either pleny of residual value for a new bike, or not too much cash to stump up the end if I want to buy.

Honda and Yamaha definately both do them. It's a cheap way to have a new bike every 3 years.
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