What do you pay for your toy?

[mstriumph]

I wanna know who voted the last option and how old their daughters are.

just the daughters? getting fussy now, are we?

thought you were rooting for 'equal opportunity' ................

[imdying]

The 250 thing is cunning... that might be a good place to start. Of course the leasing company could also rent them at an exorbitant daily/weekly fee for those who are wanting to do their license tests to generate extra revenue.

[magicfairy]

I borrowed some of the money off my partner BusaJim. He has been paying me $100 a week to do his washing (wash, fold, put away) every week cos he is too lazy to do it himself.
Started when I did it as a favour one week, and he said "Ill pay you $100 a week if you do my washing" Deal done.

Saved the cash for 4 months, waving it in front of him occasionally, and that all went on the new bike but I still needed some more $$$$ so he fronted with the extra cash I am paying him back in laundry duty. (Works out at about $200 an hour - best job I ever had)

And before it gets smutty - it is just laundry, any extras to be negotiated !!

[The_Dover]

so you're a whore then?

[imdying]

I borrowed some of the money off my partner BusaJim. He has been paying me $100 a week to do his washing (wash, fold, put away) every week cos he is too lazy to do it himself.

But isn't like that your obligation as a woman anyway?

[cowpoos]

I borrowed some of the money off my partner BusaJim. He has been paying me $100 a week to do his washing (wash, fold, put away) every week cos he is too lazy to do it himself.
Started when I did it as a favour one week, and he said "Ill pay you $100 a week if you do my washing" Deal done.

Saved the cash for 4 months, waving it in front of him occasionally, and that all went on the new bike but I still needed some more $$$$ so he fronted with the extra cash I am paying him back in laundry duty. (Works out at about $200 an hour - best job I ever had)

And before it gets smutty - it is just laundry, any extras to be negotiated !!

I'll do it for him for $150 a hr

[Ixion]

Lovely story there Finn

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

Leasing doesn't save you money except in exceptional circumstances .

What it does do is free up your capital for other purposes. So if you are in business and you can generate a return of 12% on capital , and lease cost works out at 10% you are better to lease. Cash flow may be a consideration too.

The other situation where leasing is best is where you don't what the asset for very long. The biggest hit in depreciation is in the first year. It settles down after (usually) 3 to 5 years. So if you only want to keep an asset for one year you are going to take a big hit (the 250cc example ).

The other reasons why leasing is popular are that it locks a vendor in - if you buy for cash the vendor may piss off leaving you without support - eg Chinese minibikes. if you lease the vendor has to keep supporting you (or you stop paying). And with a lot of multinationals, capital expenditure requires approval from some overseas place with stupid arcane rules that don't make sense in NZ , whereas leasing is classed as an operating expense.

But usually overall leasing costs more. because mostly the lease company is going to have pretty much the same expenses as you , and they have their own overheads top cover, and they want to make a profit as well (greedy exploiting profiteering capitalists, grinding the faces of the hardworking poor, y'see) . There are a few exceptions where a lease company can arrange it so that they get so much better a deal than Joe Public that they can cover their own costs and still be cheaper than buying. But they are rare.

[chanceyy]

ah...dunno...yet to be worked out...and insurance would be rider responsability as cost varies hugely depend on age,sex and history...tyres would be included in deal within reasonable use

watch out on the insurance part poos ... I queried it today as I may end up with a bike being loaned to me .. but i can't insure it ... I dunna own it .. can not insure something i do not own ...

anyone know any insurance co that would insure a bike that you do not own but are borrowing ???

[cowpoos]

Leasing doesn't save you money except in exceptional circumstances .

What it does do is free up your capital for other purposes. So if you are in business and you can generate a return of 12% on capital , and lease cost works out at 10% you are better to lease. Cash flow may be a consideration too.

The other situation where leasing is best is where you don't what the asset for very long. The biggest hit in depreciation is in the first year. It settles down after (usually) 3 to 5 years. So if you only want to keep an asset for one year you are going to take a big hit (the 250cc example ).

The other reasons why leasing is popular are that it locks a vendor in - if you buy for cash the vendor may piss off leaving you without support - eg Chinese minibikes. if you lease the vendor has to keep supporting you (or you stop paying). And with a lot of multinationals, capital expenditure requires approval from some overseas place with stupid arcane rules that don't make sense in NZ , whereas leasing is classed as an operating expense.

But usually overall leasing costs more. because mostly the lease company is going to have pretty much the same expenses as you , and they have their own overheads top cover, and they want to make a profit as well (greedy exploiting profiteering capitalists, grinding the faces of the hardworking poor, y'see) . There are a few exceptions where a lease company can arrange it so that they get so much better a deal than Joe Public that they can cover their own costs and still be cheaper than buying. But they are rare.

go read my original question

[cowpoos]

anyone know any insurance co that would insure a bike that you do not own but are borrowing ???

PM cibby or PM me for her cell phone number... she'll sorta ya coz shes cool and a babe

[jimevo]

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

Finally got someone who talks sense...maybe not the older chaps bit though!

[doc]

Finally got someone who talks sense...maybe not the older chaps bit though!

But to be old and wiser you have to be young and stupid first. Its an old proverb but pretty true. Another favourite of mine with the young boy racers I work with .
Cheap, fast and Reliable pick any two.

[scracha]

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

Cost of housing thing:- Not a grizzle...it's a major rant. Us 'youngies' are sick of funding the geriatrics "lifestyle". Honestly, I think the baby boomer generation are some of the most selfish bastards ever. Sell your big houses ya old cunts...the kids have left...you don't need to extension to make it 5 bedrooms.

Can't see the point of owning a new bike when I'm an old fart. I won't be able to ride it properly and any fanny it attracts I erm...won't be able to ride it properly

[doc]

Cost of housing thing:- Not a grizzle...it's a major rant. Us 'youngies' are sick of funding the geriatrics "lifestyle". Honestly, I think the baby boomer generation are some of the most selfish bastards ever. Sell your big houses ya old cunts...the kids have left...you don't need to extension to make it 5 bedrooms.

Can't see the point of owning a new bike when I'm an old fart. I won't be able to ride it properly and any fanny it attracts I erm...won't be able to ride it properly

How can you say you are funding my lifestyle you haven't contributed. The country needs weath ie the population investing in income producing junk not borrowing to have all the blingy cool stuff. Problem will be all us old chaps are eventually not going to be able to sell our villas. Cos you pricks won't be able to borrow anymore. Anyway what little wealth I will have left will be spent on hired fanny.

[scracha]

How can you say you are funding my lifestyle you haven't contributed.

Course we have/will be contributing. You'll work for around..45 years. You'll live for around 85 years. You do the maths on who'll be paying your bloody pension and healthcare.

The country needs weath ie the population investing in income producing junk

What...like villas and home extensions?

not borrowing to have all the blingy cool stuff. Problem will be all us old chaps are eventually not going to be able to sell our villas. Cos you pricks won't be able to borrow anymore.

Simple supply and demand mate. Waiting on all the baby boomers to die or go into old folks homes and then there'll be a glut of houses on the market.

Anyway what little wealth I will have left will be spent on hired fanny.

Bling coming your way