Buying bike

[mild_slevin]

Hi,

 

Intend to buy my first bike, heard that buying bike require a gurantor? Does the gurantor have to be present on spot when buying? OR we can obtain gurantor signature at a later time?

[le0nng]

wah, can buy bike liao buy such a good machine.

[Prankster]

If i'm not wong, the garantor has to be present to pass his IC for photocopy and also to sign on the papers...

[coolcat]

Hi,

 

Intend to buy my first bike, heard that buying bike require a gurantor? Does the gurantor have to be present on spot when buying? OR we can obtain gurantor signature at a later time?

 

Buy in cash no need guarantor.

 

Buying under a loan, need a guarantor for the financing company. I think guarantor can attend at financing company or bike shop at different time.

 

Cheers

 

Cat

[mild_slevin]

Thanks guys/gals... Will check it out at the shop again then update here promptly

[bladeboy]

some bike shop even need 2 gurantor cos of the bike price . . .

[fireshamie]

i think differnt bike shops operate differntly..heck, some myt even operate differently for diff customers~

 

anyways..generally, wat i was told when i wen surveying bike last tym, tat u gotta have a guarentor abv 21 who have a stable job regardless if ur abv 21 not..tat's wad the shop owners told me..theres shop tat says need guarentor abv 21, stable job and house..doinks

[JackDaniels]

I went to the bike shop yesterday where I do my oil change, and just asked if want to get a bike, and want to pay by installment. What is the procedure? He said:

 

- Bring IC,

- At least $1000 cash

- 1 Guarantor (Bring IC also)

 

 

Then I asked, why must bring so much? He said must pay $300+ to the finance side. Then the rest put as a downpayment.

 

 

 

It's quite confusing, because if want installment = pay $$ to finance side........and.......if dnt want installment, pay full = no nid pay $$ to finance side.

 

Is there a shop that does not need to pay the finance side, just me + my guarantor pay and go?

 

I think it's a noob question, haha...because I've never paid by installment before.

[D_Lufy]

I went to the bike shop yesterday where I do my oil change, and just asked if want to get a bike, and want to pay by installment. What is the procedure? He said:

 

- Bring IC,

- At least $1000 cash

- 1 Guarantor (Bring IC also)

 

 

Then I asked, why must bring so much? He said must pay $300+ to the finance side. Then the rest put as a downpayment.[/i]

 

 

Wah? i dun even know there's a need to pay a sum to the finance side.. usually what i know when i bought a bike in installment,downpayment is a must uh.. gurantor also unless ur downpayment sum is high. At least $1k for downpayment?? maybe depends on bike shops also. the time i bought a 2nd hand bike. i downpayment $600 only. Correct me if i'm wrong guys~

[JackDaniels]

I guess your right, different shop got different procedures.