Car or bike?

[DrunkenMistake]

+1 to that. $7k seems to get a nice, tidy 6-7 year old 600cc sports bike with a "good" mileage.

^^
Agreed
4k will get you a..
Well a Hyo.

[ducatilover]

On second thought, stop being a girl and buy a VTR or TL1000S. Can be had for 4-5k (VTRs can be found for much less)

[Flip]

One wee rule I have learnt is don't borrow money to buy a depreciable asset (like a modern car).

I would love to add up what I have saved over the last 35+ years only buying what I can afford. I would say I am a couple of hundred thousand dollars ahead these days.

[Renegade]

if you can service a loan comfortably then i dont see the problem, spend a month or two adding another grand or two to your pot, then go buy a new ER6n they are running out at $9995

great step up from 250cc, reliable, low servicing costs, 1yr wofs for the next 5yrs and frugal on the gas, you also wont lose to much when you consider the usage you can expect to get from the bike.

my .2c

[Flip]

If you can save a grand or two on this bike then you are a grand of two ahead for the next bike, then you will be two or four grand ahead. In ten years time you will have the cash for a new Ducatti or Harley, in thirty years time enough for a new Porshe.

Why would anybody buy a 7.5k bike, pay 10k over the next 2-3 years on a bike that is only worth 5k in 2-3 years? You end up with a 10k price tag for a 5k bike!

The fat cats in the finance companies love you guys!

[skippa1]

just borrow the money and buy what you want.If you buy a piece of crap, you will end up spending the equvilant of the loan payments on R&M anyway and at the end, you will still have a piece of crap.

[ducatilover]

You can easily get a good bike for $4k...

[Fast Eddie]

*sigh* your comments don't help aye, why even bother, don't you have better things to do, well obviously not

haha sigh..

of course not it's called killing time homie. Why would I or anyone care what you do with your money. Get a loan, get a ducati.. who cares..

[Fast Eddie]

Auckland has a downpour and it makes the news.

guess won't be joining us for the brass.. riding through the snow might put em off

[Flip]

Don't eat the yellow snow!

[baffa]

$4-7k buys a lot of bike. I got my fireblade for $4,500, and granted, it looks a little old, but im looking to get a full respray shortly, even if I gve the motor and suspension a basic freshen up on top of that, I'd still have spent well under $10K for a mint set of wheels.

I will second what the others say though, 250s and 400s are plenty enough power to have a ball with.

[imdying]

If you can save a grand or two on this bike then you are a grand of two ahead for the next bike, then you will be two or four grand ahead. In ten years time you will have the cash for a new Ducatti or Harley, in thirty years time enough for a new Porshe.

From a fiscal point of view, that makes great sense, no shadow of a doubt.

However, it assumes he'll be alive in 10 years time. Or that he's willing to forgo the pleasures the bike will undoubtedly bring. Or that he won't have an increase in wealth that makes it a moot point in any case. Or any one of a million things that could happen in that time.

Yes, finance companies make plenty of money loaning it out, and right fully so, the provide a service, nobody considering a reasonable finance contract can begrudge them that. Basically, for the extra money, he's buying time. Time on a bike that would otherwise not exist. Given time and experience are basically priceless, can you really put a price on that? Of course you can...!

My advice would be to consider your situation very carefully, and Flip's point of view very carefully also. You can't have it both ways, although you can be careful about how you shop around for your finance, maybe consider a broker finally to see if a better deal can be obtained. Once you figure out the true cost of the loan, and how much that adds to the purchase price, decide for yourself, that time and experience, is that extra a fair price for it?

[G4L4XY]

Ok looking at buying this...

http://www.trademe.co.nz/Browse/List...x?id=495367359

Anything I should consider asking or be checking for the initial inspection?

[SMOKEU]

Ok looking at buying this...

http://www.trademe.co.nz/Browse/List...x?id=495367359

Anything I should consider asking or be checking for the initial inspection?

If possible it would pay to take it to a good bike mechanic to give it a good look at before purchase. A Yamaha dealer would be the best, but failing that, it's unlikely that anything will go "bang" in the near future since they're a very well built bike and it's too new to be likely to cause any real mechanical dramas, assuming that it has been well maintained. If it's been neglected at any stage then you could be up for some very expensive repairs, however.

[skippa1]

Ok looking at buying this...

http://www.trademe.co.nz/Browse/List...x?id=495367359

Anything I should consider asking or be checking for the initial inspection?

ask him why he has all those keys on his key ring scratching up the top of the triple clamp???