How To Get ReLoan????

[recgecko]

hi everyone.....

i seriously need help on how to get a reloan...

i seriously don't u'stand abt reloan....

can anyone explain to me about reloan & hw to get a reloan.....

thanx.....

[wX]

Simply putting it, reloan just means you take a loan to pay for a bike.

 

Let's say I am selling a Super 4. I still have 10 months of $200 of installment outstanding. That will mean I still owe the finance company $2000. Now say I am selling the bike to you for $2000. You have $500 in your bank account, but you will need another $1500. You take a loan of $1500 from a finance company or bike shop, so that the outstanding loan for my Super 4 is cleared. By doing this, we can proceed with the transfer of the vehicle to your name.

 

 

As for how and where to get reloans, not much shops do reloans nowadays. I think even Hitachi Credit does for Class 2 bikes only. I have heard that Bike Production does reloan. Any other bros out there to confirm?