which shop with better rates?

[jazz_25]

hi

 

wish to ask for some advice as to which bike shops to take bike reloan is better and cheaper? Like with 5% interest? as heard some is 6% or 7%...

 

usually for bike reloan, are we allowed to get bike insurance ourselves or must be done by shop?

 

Besides, the transfer fees and agreement fees, are there other charges the shop will charge when one takes a bike loan?

 

It is taking a bike loan for a bike that is already fully paid. So do they allow name transfer of ownership?

and since is a bike reloan, what is usually the minimum downpayment that must be paid?

 

Pls advice! thanks a lot!

[gremlin_loh]

Hi Jazz, from what I understand not all bike shops are willing to do a reloan so it might be diff to find a shop that will do a reloan in the first place. Only know of one that does that (ASP from my limited knowledge). Insurance u can opt to do it urself or get the shop to do it for u, they may impose a service charge though.

[jazz_25]

okie. thanks