To borrow or not to borrow?

[mister.koz]

Bought mine on finance, hell even upgraded the bike and extended the finance....

it will work out that i will pay 20k to have in now instead of saving for 2 years and paying 17 for it.... and not having a bike.

3 grand? if thats my impatience tax then so be it.

[Pussy]

Life is for living.... and it's not a dress rehearsal, this is it! Make the most of it

[T.W.R]

Lol,another year older next Tuesday mateNo matter,me and the old slapper still give you young-uns something to think about through the good bits.Will remind you of quoted post at the impending Magpie,Grasshopper

age is only a number bud
could probably bring my old slapper out of the retirement village to see if you're tart can hold it's own especially if you're up for another 4am stint

[98tls]

age is only a number bud
could probably bring my old slapper out of the retirement village to see if you're tart can hold it's own especially if you're up for another 4am stint

Consider it a done mate.Be good to catch up.

[chef]

save your money dont waste it on a old 1990 atleast go buy something brand new if your gonna finance it...

[Monkeyboy]

I am having a serious moral conundrum.

Since around April of this year I have been bike-less and feel that a part of me has died, although some of my mates have been kind enough to let me ride their machines it is not enough.

I have been considering the option of getting a vehicle loan from kiwi bank 13.50% pa to purchase a 1990 nc30.

I know the older generation will tell me to save and pay cash which is of course the most sensible thing to do, but then this means it will be another whole year of pushbiking and watching cunts hoon past me at any given speed.

I am in a reasonably sound financial position where my wage can only increase, my only notable overheads are rent and my student loan.


Any thoughts ?

Been there done that, sold bike, regretted it bought another cos I missed it too much.

[gatch]

save your money dont waste it on a old 1990 atleast go buy something brand new if your gonna finance it...

I do not consider a nc30 to be a waste..

[CookMySock]

around $100 a week it will be 16 months and a total of around $7,200.

That doesn't tell the full story.

What will your resale value be at the end of it? What will you buy then, and how much will that cost?

The problem is more that you are always behind the ball, rather than in front of it. Instead, you should be saving and only purchasing items with cash, that you know you make money on. In the end, you go forward rather than backwards.

So there is going to be a drought period in between where you have nothing, while you get your savings sorted. So suck it up and begin today. In only a year or two you will be getting ahead.

Steve

[gatch]

What will your resale value be at the end of it? What will you buy then, and how much will that cost?

To be honest man I really don't think I would sell it, I've ridden a friends nc30 a few times and I am in love, hence I couldn't give a rats ass what the re sale is.

I Rode the same 250 for 5 years, I am in no hurry to get myself a penis extension..

[98tls]

save your money dont waste it on a old 1990 atleast go buy something brand new if your gonna finance it...

Cheers,thank god you posted up.Theres a 74 GT750 i was going to borrow $ to buy.Wont bother now.

[Headbanger]

Resale value?, How the hell can you put a value on the enjoynment you get from something. If I lose a few grand over the few years of ownership then I reckon I got ten thousand times that amount of enjoyment out of it at least so I'm still miles ahead.

Hell, I've financed and then destroyed gear to the point it went to the dump and still consider myself ahead.

$8000 MX bike totally destroyed after 3 years of ownership, HELL YES. I'll take another please.

Money is just shit, Its the crap you can enjoy that matters. Hell yes tick crap up if you think you can afford the payments, and if you cant,well thats life too, its meant to be interesting. You dont get a medal at the end for not borrowing money.

[CookMySock]

Money is just shit, Its the crap you can enjoy that matters. Hell yes tick crap up if you think you can afford the payments...

Yeah well thats the thing isn't it - how to get to the point where he can AFFORD to do that. It'd be nice to have that sort of income where we can just wholas bolas piss it up against the wall.

Steve

[Indiana_Jones]

How much is the bike?

Do you have some cash? To borrow the whole cost would be unwise, but to borrow 3-5K isn't silly, if you know you can afford to make the repayments

..........Do it! lol

-Indy

[gatch]

Yeah well thats the thing isn't it - how to get to the point where he can AFFORD to do that. It'd be nice to have that sort of income where we can just wholas bolas piss it up against the wall.

Steve

Further your career..

I don't intend on being on the ground floor for long..

[-easy--rider-]

im looking at doing the same thing, thing is im under 18 and i gotta get my dad to sign it and hes being a cunt.

just think if you had an accident tomrw and couldnt ride or died youd be like man i shouldv bought that bike