R15M

[P-Plate]

 

Is it worth to take loan to own the R15M? 

I am 20 y.o turning 21 in December (with less than a year of riding experience), working as delivery rider using rental bike. I’m still waiting for enlistment letter. 

I’ve been asking bike shops getting quotation price. They are usually around $300+ x 60 month if i were to downpay $1000 + Insurance. 

[adesmond2]

On 1/17/2022 at 3:25 PM, P-Plate said:

 

Is it worth to take loan to own the R15M? 

I am 20 y.o turning 21 in December (with less than a year of riding experience), working as delivery rider using rental bike. I’m still waiting for enlistment letter. 

I’ve been asking bike shops getting quotation price. They are usually around $300+ x 60 month if i were to downpay $1000 + Insurance. 

As most of us who's still around this website, we usually recommend you to get a bike within your budget.. reason - you dun wan to get into debt and keep working to pay off your bike.. alternatively, you can consider saving to at least 1/2 of the pricing then wait for a 2nd hand R15m to be available in the market. always remember that the value of the motorcycle depreciation rate is very high especially if brand new.. we use the price that's purchased divided by 10 years, then X the remaining time left. if any additional damage, minus more from seller = you earn more..