Buying bike but w/o insurance yet....

[Kyunamida2]

Hi guys, I would like to get some advices/opinions.

 

I am buying a bike full cash from a forum-er. However, I do not have enough cash for the insurance yet.

 

1) I read somewhere that ownership can still be transferred to buyer(me). Is this true?

 

2) If transfer is successful, I still cannot ride it but can the previous owner with valid insurance ride it to my place/parking area?

 

Hope someone can enlighten me with some guide if it is possible. Thanks!!

[biting_point]

1) still can do transfer..

 

2) owner to ride to your carpark..

 

IMO, if you are the type that cannot resist, dun do this..

pay a deposit and talk to the seller, i'm sure he dun mind waiting for a few more weeks..

then officially take over the bike at LTA and ride home..

[Kyunamida2]

Thanks Bro! I was having the thought to deposit first to reserve the bike. Going to have a talk then.

[haoKR]

dwnpay 1st lor,dan park at ur cp

clean it when u free,polish it,customise ur way

 

anyway,get from ntuc,can pay by installment,provided that u r paying it by credit card

[haoKR]

dwnpay 1st lor,dan park at ur cp

clean it when u free,polish it,customise ur way

 

anyway,get from ntuc,can pay by installment,provided that u r paying it by credit card

[Monster_G]

Hi guys, I would like to get some advices/opinions.

 

I am buying a bike full cash from a forum-er. However, I do not have enough cash for the insurance yet.

 

1) I read somewhere that ownership can still be transferred to buyer(me). Is this true?

 

2) If transfer is successful, I still cannot ride it but can the previous owner with valid insurance ride it to my place/parking area?

 

Hope someone can enlighten me with some guide if it is possible. Thanks!!

 

Maybe you can consider do the transfer and lay up the bike. After you save up enough for insurance, then buy insurance plus go LTA unlay it.