Financing a bike

[imdying]

Although, I have a question: Can you get your finance deal with one company moved to another if the one you were with happened to go bunkrupt?

Of course, creditors are only interested in getting their money, they'd rather have that than a bike they have to sell.

[The_Dover]

if he doesn't want a gixxer thou then he's a poof and should get a second hand scooter.

and as for a second hand gixxer thou, how second hand do you want it?

[imdying]

New is great, there's something about a shiny new bike no other bugger has ridden.

[Ghost Lemur]

Hey Ghost

I hope your signature wasnt the formula used to calculate your loan repayments!

Hehe

Nah, it's the matmatical equation that represents Murphy's Law. Where U=urgency, C=complexity, I=importance, S=skill, A=aggravation and F=frequency

[onearmedbandit]

In my totally unexpert opinion, go to a bank. Ghost Lemur is dead right, also finance companies can go belly up and you'll find your bike is being sold at Turners.

It doesn't matter if a finance company goes belly up, if you make your payments. Investors still want their money back, and your payments will stay the same. If however you don't make your payments, that's when you'll find your vehicle being repossesed. If it's non-recourse finance, the finance company will come get your vehicle and sell it. If it's recourse finance, the selling agent guaranteed your loan, they have to pay the finance company and get your vehicle off you themselves. And then your one of the reasons the finance companies go under in the first place. But that's their fault for giving away millions of dollars of other peoples money to people that first tier finance companies wouldn't. Go figure.

[geoffc]

Just looking at ways of financing my upcoming bike purchase.
..........

I am stunned

Does anyone know of cheaper ways? I am open to ideas.

wysper

Hi
I was looking at that issue 18 months back and discovered the PSIS.(Public Service Investment Society). Any one can join them and they are encouraging new members. At the time they were lending at a special rate of 9%. Stone the crows ! Final outcome, I bought the bike the next day and have been smiling ever since.

[wysper]

Hi
At the time they were lending at a special rate of 9%. Stone the crows ! Final outcome, I bought the bike the next day and have been smiling ever since.

now that is the outcome I am looking for too... might just have to give them a call

cherrs