What do you pay for your toy?

[cowpoos]

Gearing is fine for appreciating assets as long as capital gain is higher than the cost of money. Call me old school...

lease a bike of me mate....I'll throw in a free wig

[Finn]

They will never learn. Toys are what you buy when you can afford it. They want the toys now and grizzle about the cost of housing going up. Only us older chaps should be riding new bikes the young upstarts should be just dreaming about owning one one day. Finance is for losers

Yeah, when I was a wee lad (age, not height) I saw a die cast motorbike in a shop that I just had to have it but had no money. Mum said I would have to work hard around the house so I could earn enough money to buy the motorbike. Huh? I thought that was her job. Anyway, my new word for that day was bitch. So I started doing things around the house and the money started rolling in. About half way through I said "Hey bitch, how about giving me the money now so I can get that fucking bike before winter? I'll pay you back." She said, "Fine, but you'll have to pay "interest""... my new word for that day. She wrote down what the interest charges would be and how much money I would have to pay her back. I thought "Who is this fucken woman? Is she even my real mother?" I said "Forget it bitch". So about a month later, I had enough money to buy the motorbike so off we go to the biggest shopping mall in the whole world. St Lukes 1973. My next lesson was in NZ logistics. "We're sorry lil fella, we don't have any in stock but we can try and get one in for you." I'm not sure if cunt was a word back then but if it wasn't, I invented it.

Crying in the car all the way home, I though my world had come to an end. The next day Mum told me to go check the mail. I told that her I didn't need anymore money and that she should get off her fat arse and go get it herself. After a long debate (which I was winning) I just couldn't stand the sound of her voice so off I went. Fuck me! My motorbike!

Since then, nothing has changed. I'm still a prick, I get angry when shops don't hold stock, I get really excited checking the letterbox and I don't finance toys

[cowpoos]

Yeah, when I was a wee lad (age, not height) I saw a die cast motorbike in a shop that I just had to have it but had no money. Mum said I would have to work hard around the house so I could earn enough money to buy the motorbike. Huh? I thought that was her job. Anyway, my new word for that day was bitch. So I started doing things around the house and the money started rolling in. About half way through I said "Hey bitch, how about giving me the money now so I can get that fucking bike before winter? I'll pay you back. She said, "Fine, but you'll have to pay "interest""... my new word for that day. She wrote down what the interest charges would be and how much money I would have to pay her back. I thought "Who is this fucken woman? Is she even my real mother?" I said "Forget it bitch". So about a month later, I had enough money to buy the motorbike so off we go to the biggest shopping mall in the whole world. St Lukes 1973. My next lesson was in NZ logistics. "We're sorry lil fella, we don't have any in stock but we can try and get one in for you." I'm not sure if cunt was a word back then but if it wasn't, I invented it.

Crying in the car all the way home, I though my world had come to an end. The next day Mum told me to go check the mail. I told that her I didn't need anymore money and that she should get off her fat arse and go get it herself. After a long debate (which I was winning) I just couldn't stand the sound of her voice so off I went. Fuck me! My motorbike!

Since then, nothing has changed. I'm still a prick, I don't finance toys, I get angry when shops don't hold stock and I get really excited checking the letterbox.

so thats a no to the wig deal then hmmm?

[imdying]

Since then, nothing has changed. I'm still a prick, I get angry when shops don't hold stock, I get really excited checking the letterbox and I don't finance toys

Lovely story there Finn

So how do you feel about leasing then? Care to comment on this mans plan?

[Finn]

Lovely story there Finn

So how do you feel about leasing then? Care to comment on this mans plan?

Depends on the type of lease. If it's for plant and the term is over 36 months and you can prove that you are responsible for maintenance, then you can depreciate it. That's cool but it only really defers tax so you have to keep leasing more revenue generating assets to keep up.

As for a personal motorbike, I would forget it. It's worse than financing as you don't have an asset at the end of it. Also, since motorbikes (especially Suzukis) depreciate fast, a leasing company will estimate the residual value (low) at the end of the term and charge accordingly. How do you think leasing companies make their money?

[cowpoos]

As for a personal motorbike, I would forget it. It's worse than financing as you don't have an asset at the end of it. Also, since motorbikes (especially Suzukis) depreciate fast, a leasing company will estimate the residual value (low) at the end of the term and charge accordingly.

we'll discuss this over a beer soon...mite be up this weekend...
because I held your veiws [from a being in bussiness point of veiw] up until
recently...the numbers may change your outlook

and besides your situation is more of an exception than the rule

[Finn]

we'll discuss this over a beer soon...mite be up this weekend...
because I held your veiws [from a being in bussiness point of veiw] up until
recently...the numbers may change your outlook

I'd be interested to look at the numbers with you but more importantly, that beer sounds good.

[Finn]

besides your situation is more of an exception than the rule

I'M NOT THAT SHORT!!!

[The_Dover]

I'M NOT THAT SHORT!!!

for a hobbit.

[Finn]

for a hobbit.

Get back to work.

[Bonez]

Maybe $60 a fortnight on average. Buying cheep old shit with skinny tyres definately has an advantage.

[The_Dover]

Get back to work.

yessa massa

[cowpoos]

yessa massa

good lil kaffa bootie

[rwh]

well, my $2k bike is dead after 6 months and worth approximately $0; not sure how much I've spent on it.

I'm wondering if this scheme would work particularly well for 250s - bikes that people want for a short time, and want to be able to upgrade easily. That way I could have done my first 2 months on a GN or a Scorpio, then 6 months on a Hyosung/VTR/GPX, and finish on an NSR before switching to something bigger All done without risking my money on an old dunger that died before I got my full ...

It could continue on other 'stepping stone' bikes too; many people might want to go to a 400 or 600 after a 250 without committing to it for ever.

If you were offering me a leased VTR for the next 6 months (for a reasonable price), I'd likely jump at it. I'd still have to think about it of course.

Richard

[rwh]

Oh - and many beginning bikers may not be sure whether this is 'the thing for them', so they might like the ability to get out of it altogether after 3 months, too.

Richard