need help and advice..

[aStroBOi]

hi guys.. im still new to bikes so need ur help.. im actually buying my frens bike n doin a re-loan.. we visited a shop recommended by him.. but i think dat shop charge too much ar... im taking up a loan of $2k and he asked me to pay abt $950 for the insurance etc etc.. the figure is as below..

 

insurance => $600 (i buying X1, im 22yrs old n i pass april 06)

transfer fee => $50

one mth upfront => $130

admin fee => $150

 

i find the amt i have to pay is too steep ar.. so i need u guys to help me..

- which shop can do re-loan wit low interest rate n lesser cash i need to give dem?

- n is the insurance i haf to pay too high? or is it the market rate?

- n if the ans to my previous qns is 'yes too high', wats the market rate for some1 my age wit 1yr+ license?

 

thanks in advance guys...

[m3taph0r]

i tink most shops oso about there. . . tis kinda amt cannot run 1 . u try to get insurance on yr own c if shop allow.. go ntuc take u can installment them

[aStroBOi]

ntuc can pay by installment ar? den how much will dat b roughly ar bro? and any website dat i can go and check? thanks a lot!!

[aStroBOi]

btw guys wat im looking for is to haf a shop dat is giving low interest for re-loan and also a shop that i haf to pay less den $950.. thanks guys!

[aStroBOi]

upzzzzzzzzzzzzzz

[m3taph0r]

ntuc can pay by installment ar? den how much will dat b roughly ar bro? and any website dat i can go and check? thanks a lot!!

 

go amk hub check . . they wont let u noe the price . . or u go their webby find the contact no then call them . .

[m3taph0r]

btw guys wat im looking for is to haf a shop dat is giving low interest for re-loan and also a shop that i haf to pay less den $950.. thanks guys!

 

doubt tats possible , unless its a class 2 bike . . small bike shop dun earn much so they have to charge u higher intested... if u get ur own insurance , u dun have to pay 950 liao , u only need to pay like 950-600 = 350 ? . . so juz settle ur own insurance then u can settle everythin . .

[aStroBOi]

ok bro.. thankz a lot! u help a lot!! den u got any insurance to recommend? or any of their website to share?

[m3taph0r]

if u wan installment it will be ntuc , if u can full cash look for mitsui

[nebulaz]

ar u realli new to bikes? reaaly reaalyy?

[aStroBOi]

haha yap2.. i m really really new to bike.. 1st bike somemore... ehehe