Procedures on trading in bike?

[bj09]

Guys i need some pointers regarding this topic.

Currently i still have a year left with my installment for my bike bought @ Albert Motors. Is there any penalty if lets say i would like to trade in my bike to another bike shop? I'm not really sure how to go about trading my bike for a new one.Any help would be greatly appreciated. Thanks.

[DeGrav]

What you should find out is that does Albert Motor have an early settlement fee? If im not wrong, Albert, S1 and M1 motor have about the same early settlement fee of about $600-$800. (correct me if im wrong)

So if you wanna trade in your bike and getting another bike from another new shop, then the new shop have to take account the early settlement fee as well. From there they will do the calculations for you in sense how much they are willing to take in ur old bike plus minus of the early settlement fee.

However, pls refer back to Albert motor whether the early settlement fee falls only during the first year, 2nd year or whatsover or as long as you re under installment.

 

Hope this helps. Cheers

[bj09]

Thanks mate for ur reply!