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  #21  
Old 1 Week Ago
Craigy's Avatar
Craigy Craigy is offline
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Quote:
Originally Posted by tmac450 View Post
If a loan works for you, go for it.

We're dead too long to sweat the little things.

Avoiding finance for the sake of avoiding finance is not always the right move.

While you have cash tied up in one depreciating asset, you may be losing out somewhere else, usually more that what any finance will cost you.

Of course the banks, etc charge fees, it's what they're there for

Just make sure you go for something that will ensure your bike's realistic value is higher than the debt (ie, make the deposit high enough and avoid a balloon) so you always have a safety net and need to sell the bike quickly.
This...
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  #22  
Old 1 Week Ago
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normanator27 normanator27 is offline
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The last bike I got finance on was a brand spanking new XR400, and I was very glad I did. Solid, reliable beast that I had for years. It was worth it at the time as it got me away from my old TT600R which constantly broke down to the point that my riding mate refused to go riding with me until I upgraded!! I've paid cash only since because I can, but I have no regrets about that purchase.
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