loan for new 2b bike?

[chocolatejay]

hi, was just wondering, are there any bike shops which allow u to put 500 bucks downpayment only and the rest COI? Or are there any bike shops willing to give close to 80% reloan for 2b bike?please respond. thanks.

[zart]

hard to get $500 downpay thingy nowadays..

i oso finding one..

cos of insurance goes up..

[fiq87]

i only got hear 700 downpayment as u nid to downpay ur amount of insurance

[abhorer]

and may i ask, whats the insurance price for a 22 year old dude with p-plate?

dont reply things like "it'll cost you a bomb etc2" i just want the price, thanks alot!

[zart]

and may i ask, whats the insurance price for a 22 year old dude with p-plate?

dont reply things like "it'll cost you a bomb etc2" i just want the price, thanks alot!

 

cant get rough value.. see wat bike oso. bike age etc...

[craz_03]

and may i ask, whats the insurance price for a 22 year old dude with p-plate?

dont reply things like "it'll cost you a bomb etc2" i just want the price, thanks alot!

 

might be 600+- 700?

[chocolatejay]

any idea in asphoon need to downpay ho much??sian i cant wait to ride!!

[NL27]

any1 know around how much will my insurance drop when coming to my second year .? lst year ard 600. and now im no longer p plate, will they reduce my price? oso i didnt get into any accident claim .im 20 coming sec year

[BlackBandit]

chocolatejay/sigea, be patient. Good things come to those who wait.

 

The issue is that your downpayment should at least cover for your insurance. For a faired bike, that would equate to about $1000 or less, depending on the make of bike, age of bike and rider & some other nitty-gritty stuff.

 

Best if you have slightly more cash at hand to cover the unexpected. Taking out the bike is easy. Maintaining it is another harder issue....

[queirtus]

yup maintenance is the major issue once you have taken out your bike.

[abhorer]

chocolatejay/sigea, be patient. Good things come to those who wait.

 

The issue is that your downpayment should at least cover for your insurance. For a faired bike, that would equate to about $1000 or less, depending on the make of bike, age of bike and rider & some other nitty-gritty stuff.

 

Best if you have slightly more cash at hand to cover the unexpected. Taking out the bike is easy. Maintaining it is another harder issue....

 

Thanks alot for the advice, really made me think about saving more cash..

[chocolatejay]

i am nt too worried abt the monthly maintenance as it wldnt amount up to 500 dollars per month right?the monthly maintenance is not the biggest of my worries...but all in all, thanks alot... its is truly very sound advice juz that i desire a bike too much..haha..i am sure u guys noe wad that feels like...