Anybody knows what is the longest period of installment bike shop offer?

[liuj0008]

anyone loan more than 60 mths?

[benny 1o]

my frd go albert 6 yrs. 72 months... 6x4% is 24%.

about 1/4 of de total price le...

[WildCard]

6 years here.

6 x 3% = 18% interest. Truth be told, he can go even longer.

But I wouldn't advice it unless you really sure wat you are doing...

[liuj0008]

6 years here.

6 x 3% = 18% interest. Truth be told, he can go even longer.

But I wouldn't advice it unless you really sure wat you are doing...

 

Wah, the interest rate is low. which shop? do they offer for 2nd hand bike at that rate and period? I mean those FBA or FBB 2nd hand bike

[Constructicon]

You have to do your sums carefully.

You will end up paying alot more in interest in 5-6 years rather than 3 years.

Of course if you cannot afford that new bike, then settle for something that makes more economic sense to you.

No point owning a bike and having to save and scrimp every month.

 

wildcard: Your 3% intereste is very low. The last time I asked around, it was 6%.

[FunkyChicken]

hahaha so far the highest 7 years. ma fren r6 07 down 1.5k mthly 300 at albert.

[ArsenalBoi]

i think max loan period is 7 years.

[RAKz]

i loan 6yrs 4% at southern...

[aeX]

how bout shortest loan period?

[panclanrider]

how bout shortest loan period?

 

A year I guess...

[Ettaque]

i loan 6yrs 4% at southern...

 

for the 08 isit?

hw much per month..

if u dun mind the details..

[WildCard]

how bout shortest loan period?

 

6 months....

For a 8 year old bike costing $800 OTR.

I forgot the interest how much.

Think the shop chop me at 10% one go.

 

It was long ago. So dun ask me more details...

[mayday01]

i'm getting a 4yr loan from albert also

[RAKz]

for the 08 isit?

hw much per month..

if u dun mind the details..

 

R6 08.. Will be paying $299 per mths..

[Ettaque]

R6 08.. Will be paying $299 per mths..

 

i think thats kinda affordable..

gt a fren who owns a 07 model..paying 330 instead, same 6 yrs..

dunnoe his interest la.

[Darkness19]

the interest will be very very high

[SparkerS1]

my friend do his GSR400, installment 5yrs

[Ettaque]

i think overall, the longest is 7 years..

but dun think moz shop do la..

usually is 6 years..

but can tell you that the rake up in interest will be a bomb la..

 

its always best do d.p a lot and keep it to 4 years or at least 5 la..

but this is u got the cash!

[Yatz86]

i think 5yrs of interest is okie enough..drag too long and the interest would be a burden

[nhyone]

Bike loan durations are slowing creeping up...

[Constructicon]

Essentially, just buy what you can afford.

No point riding the bike for 40 mins a day, then spend the rest of the month scrimping and saving.

Anyone can just step into a bike shop and buy the latest bike with the longest loan period, but we seriously need to do our sums carefully first.

A loan that's saddled with alot of interest could mean you have a hard time offloading it next time as the price is already Bike Price+ALot of interest.

[hydrop]

Got any shop accept interest free credit card installments or not?

[PaLmEr]

Got any shop accept interest free credit card installments or not?

 

if your CC can tahan the limit of a CL2 bike's interest free installment, your income would already be high enough to pay full cash for the vehicle.