nathy_87
Member
Registered: 14th Aug 08
Location: West Mids. Drives: koda Fabia VRS 5J
User status: Offline
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Go to your bank and see if a loan is cheaper?
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John
Member
Registered: 30th Jun 03
User status: Offline
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quote:
Originally posted by DaveyLC
quote:
Originally posted by Jamie Walby
Finance like that on any vehicle is madness IMO.
^^ THIS..
You should only ever borrow money to buy something that will make you money in the long term. Borrowing money to buy vehicles (unless its a classic and is going up in value) is just fucking stupid.
.
This bit isn't really true is it.
Outside of the usual argument of having it now vs saving and having it later, there is nothing wrong with borrowing money to buy a vehicle.
In this case, it doesn't look like the best idea, that doesn't mean it's never a good idea though.
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mwg
Member
Registered: 19th Feb 04
Location: South Lakes
User status: Offline
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Must be awesome to just buy anything you want outright with cold hard cash, some people on here are fucking loaded 
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nathy_87
Member
Registered: 14th Aug 08
Location: West Mids. Drives: koda Fabia VRS 5J
User status: Offline
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quote:
Originally posted by John
quote:
Originally posted by DaveyLC
quote:
Originally posted by Jamie Walby
Finance like that on any vehicle is madness IMO.
^^ THIS..
You should only ever borrow money to buy something that will make you money in the long term. Borrowing money to buy vehicles (unless its a classic and is going up in value) is just fucking stupid.
.
This bit isn't really true is it.
Outside of the usual argument of having it now vs saving and having it later, there is nothing wrong with borrowing money to buy a vehicle.
In this case, it doesn't look like the best idea, that doesn't mean it's never a good idea though.
Must say I do agree with John here.
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DaveyLC
Member
Registered: 8th Oct 08
Location: Berkshire
User status: Offline
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quote:
Originally posted by John
quote:
Originally posted by DaveyLC
quote:
Originally posted by Jamie Walby
Finance like that on any vehicle is madness IMO.
^^ THIS..
You should only ever borrow money to buy something that will make you money in the long term. Borrowing money to buy vehicles (unless its a classic and is going up in value) is just fucking stupid.
.
This bit isn't really true is it.
Outside of the usual argument of having it now vs saving and having it later, there is nothing wrong with borrowing money to buy a vehicle.
In this case, it doesn't look like the best idea, that doesn't mean it's never a good idea though.
You can decided one month to not put the money away in savings because maybe you need it for something more important like a new washing machine or a new phone etc..
You cant just simply decide to not pay your finance/loan.
Save the money for what you need, it works out better in the long term, you'll also be more careful with your money and tend to have more savings anyway.
Nothing worse than having loads of 'nice things' but actually being skint on paper 
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John
Member
Registered: 30th Jun 03
User status: Offline
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What if you have loads of nice things and still have money left for a washing machine?
Stupidity is a separate issue from getting whatever form of tic on an item.
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Ben-B
Member
Registered: 28th Jul 08
Location: the lovely Nottingham
User status: Offline
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quote:
Originally posted by Daimo B
£4100 on a 125cc is madness fella, honestly, do not do it.
What about a Yam for half the price? (YZF125)
4 stroke, but they are easy maintenance. There really is no point in forking out big bucks just to have the 2 stroke buzz. If you really want that, save till you have a full license, and get an Aprillia RS250 or Suzuki RGV250.
You will honestly regret it after a few months.
Get a cheap 125cc, save for the full license, get a bigger bike, and you'll look back with relief that you never spent that kinda money.
In relation, you could buy one of my Benelli Tornado's brand new with 0 miles for £6k, or a 2nd hand one for £4k. Italian exotics ftw. Or put simply, you could have a full on Jap supersport (600cc) or similar for less money than a 125cc.
Don't do it, really dont do it, pleaseeee!!!!
[Edited on 20-05-2013 by Daimo B]
Had a YZF for a short space of time, didnt enjoy it tbh, four stroke felt wank on such a small capacity. Gearbox was a bit poo too, 1st gear was the shortest thing I've ever experienced. Seat was horrid. Looked decent though
I'll probably just look for an older rs125 in all honesty, cheers for the help 
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Finance is not a problem if your income & expenditure substantiates that its not, a problem only exists surrounding it when people buy things which in turn sees them riding along month to month financially on the bones of their arse.
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Nath
Member
Registered: 3rd Apr 02
Location: MK
User status: Offline
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quote:
Originally posted by mwg
Must be awesome to just buy anything you want outright with cold hard cash, some people on here are fucking loaded
CS is full of millionaires.
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taylorboosh
Member
Registered: 3rd Apr 07
User status: Offline
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Financial experts imo
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taylorboosh
Member
Registered: 3rd Apr 07
User status: Offline
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Just do your test tbh dont buy a 125
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Sunz
Member
Registered: 12th Jan 07
Location: SE England
User status: Offline
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The rs125 is extremely expensive and isn't seen as a great bike to do your tests on.
It doesn't have a great turning circle for the U turns for the Mod1 section and it requires a lot more clutch/rev control then something like a 600cc bike.
I would get something like a CBF500, Gs500, er6n etc.
I recently passed and got a 2005 SV650S on 11k for £1900, such an easy bike to ride.There are tons of other options, without being horrible, that rs125 is maybe one of the less logical choices.
Also, just a note to all bikers, go for chains with 1.6mm+ links otherwise bolt cutters will just destroy it in seconds. All the gold rated thatcham approved chains like Oxford Monster are useless. I only trust Pragmasis and Almax chains, forces thieves to use power tools, so makes things a whole lot more awkward for them.
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Jamie Walby
Member
Registered: 15th Nov 04
User status: Offline
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quote:
Originally posted by John
quote:
Originally posted by DaveyLC
quote:
Originally posted by Jamie Walby
Finance like that on any vehicle is madness IMO.
^^ THIS..
You should only ever borrow money to buy something that will make you money in the long term. Borrowing money to buy vehicles (unless its a classic and is going up in value) is just fucking stupid.
.
This bit isn't really true is it.
Outside of the usual argument of having it now vs saving and having it later, there is nothing wrong with borrowing money to buy a vehicle.
In this case, it doesn't look like the best idea, that doesn't mean it's never a good idea though.
If thats how you feel about that John then fair enough. I personally couldn't buy a vehicle on finance, ever.
Edit - to contradict myself slightly, unless it was 0% finance
[Edited on 22-05-2013 by Jamie Walby]
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John
Member
Registered: 30th Jun 03
User status: Offline
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Not everyone has 20k cash to go and buy one, or the 20k cash is sitting in bricks and mortar instead of paying it over 25 years so you could say your car wasn't on finance.
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Jamie Walby
Member
Registered: 15th Nov 04
User status: Offline
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Are you suggesting that people would borrow money against their house to buy a 20k car?
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Hammer
Member
Registered: 11th Feb 04
User status: Offline
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Should only ever borrow money to buy something that will make you money
Rolex's all over the place.
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Jamie Walby
Member
Registered: 15th Nov 04
User status: Offline
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You two
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micra_pete
Premium Member
Registered: 23rd Apr 03
Location: West Yorkshire
User status: Offline
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Jamie Walby
Member
Registered: 15th Nov 04
User status: Offline
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Ojc
Member
Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
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Is that Ian
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