Ben-B
Member
Registered: 28th Jul 08
Location: the lovely Nottingham
User status: Offline
|
New to the whole finance thing, but Im basically looking for a toy and something I can pass my full bike license on and a Aprilia rs125 has caught my eye. Not usually a massive fan of the Aprilia's but this is one of the last 2 strokes due to emissions and one of the last white ones available in decent nick. Literally only supposed to be a hand full of white ones in the country.
But anyway looking at financing it, this is the deal theyre offering as standard:
http://www.scooters.co.uk/index.php?webpage=product_detail.php&product_id=137630&cID=19828,32846
bout mid way down the page. Hefty deposit for me atm and I want the bike now as there is alot of interest in it, this is the deal theyre offering me:
£4,170 on the Road
£200 deposit
30 months
£161.95 a month
7.34% flat rate
With a few freebies thrown in ( helmet/gloves/cbt/lock ) Is this a good deal as I have literally no idea with finance.
Finally a quick pic:
Cheers 
|
gazza808
Member
Registered: 30th Jun 08
Location: Peterborough
User status: Offline
|
All I can think is, that's a shit load of money for a 125.
I'd never do it personally,
Me an my mate always discuss this when we go looking at bikes who is crazy enough to spend 5k for a 125 :/
|
Kyle T
Premium Member
Registered: 11th Sep 04
Location: Selby, North Yorkshire
User status: Offline
|
You're paying over 6.2k eventually. If its worth that to you, go for it.
Try a bank loan first, should be able to get one at a better rate.
Lotus Elise 111R
Impreza WRX STi
|
Ben-B
Member
Registered: 28th Jul 08
Location: the lovely Nottingham
User status: Offline
|
quote:
Originally posted by gazza808
All I can think is, that's a shit load of money for a 125.
I'd never do it personally,
Me an my mate always discuss this when we go looking at bikes who is crazy enough to spend 5k for a 125 :/
Understand what you mean, just looking at 2/3 year old ones now and they do hold their value reasonably well and as I said theyre stopping the 2 strokes and hoping with it being white its a bit more desirable itll help that.
|
taylorboosh
Member
Registered: 3rd Apr 07
User status: Offline
|
I sold my rs125 for £1300... Shouldve bought that
It was fucking rapid, i shit you not.. If a 125 is that quick i dread to think what a 1000 is capable of. Had it around 3 months and barely used it just restored it.
Buy a second hand one
|
Gaz
Member
Registered: 24th Aug 03
Location: Widnes, Cheshire
User status: Offline
|
6.2K for a 125cc, I wouldn't buy new for your first bike either on the basis that every rider has a fall or two and it would be a royal pain in the ass if you were to have an accident with 6.2K's worth of plastic.
Sorry to try and put you off this but I'd go for an older bike thats worth much less and is a good bike to chuck down the road whilst you learn.
|
Ben-B
Member
Registered: 28th Jul 08
Location: the lovely Nottingham
User status: Offline
|
Not sure Im a massive fan of the old ones but that is nice tbf.
Have heard some stories of them being stupidly quick.
|
taylorboosh
Member
Registered: 3rd Apr 07
User status: Offline
|
Hes speaking sense, you will want a bigger bike within months if you get into it.. That debt is crippling for a 125..
Yes it was as fast if not faster with a confident rider as a pals 182 to 60
[Edited on 20-05-2013 by taylorboosh]
|
Ben-B
Member
Registered: 28th Jul 08
Location: the lovely Nottingham
User status: Offline
|
quote:
Originally posted by Gaz
6.2K for a 125cc, I wouldn't buy new for your first bike either on the basis that every rider has a fall or two and it would be a royal pain in the ass if you were to have an accident with 6.2K's worth of plastic.
Sorry to try and put you off this but I'd go for an older bike thats worth much less and is a good bike to chuck down the road whilst you learn.
Nah not putting me off would rather take my time with thinking about it tbh, cheers for the advice
|
taylorboosh
Member
Registered: 3rd Apr 07
User status: Offline
|
Buy an older shape for £1000 and if it bugs you that much change to the newer plastics...
|
Gaz
Member
Registered: 24th Aug 03
Location: Widnes, Cheshire
User status: Offline
|
quote:
Originally posted by Ben-B
quote:
Originally posted by Gaz
6.2K for a 125cc, I wouldn't buy new for your first bike either on the basis that every rider has a fall or two and it would be a royal pain in the ass if you were to have an accident with 6.2K's worth of plastic.
Sorry to try and put you off this but I'd go for an older bike thats worth much less and is a good bike to chuck down the road whilst you learn.
Nah not putting me off would rather take my time with thinking about it tbh, cheers for the advice
also, you state that £200 is a hefty deposit but the monthly repayments are £161.95 which is only £40 shy of that deposit and you are going to pay that for just short of 3 years! I honestly wold say that you would be on a different bike in 3 years so unless you clear the debt quickly OR get a superb 2nd hand price when you come to sell it, it's going to be unsellable because it has finance attached to it and nobody will touch it.
|
Ben-B
Member
Registered: 28th Jul 08
Location: the lovely Nottingham
User status: Offline
|
quote:
Originally posted by Gaz
quote:
Originally posted by Ben-B
quote:
Originally posted by Gaz
6.2K for a 125cc, I wouldn't buy new for your first bike either on the basis that every rider has a fall or two and it would be a royal pain in the ass if you were to have an accident with 6.2K's worth of plastic.
Sorry to try and put you off this but I'd go for an older bike thats worth much less and is a good bike to chuck down the road whilst you learn.
Nah not putting me off would rather take my time with thinking about it tbh, cheers for the advice
also, you state that £200 is a hefty deposit but the monthly repayments are £161.95 which is only £40 shy of that deposit and you are going to pay that for just short of 3 years! I honestly wold say that you would be on a different bike in 3 years so unless you clear the debt quickly OR get a superb 2nd hand price when you come to sell it, it's going to be unsellable because it has finance attached to it and nobody will touch it.
Nah not fussed about the £161.95 a month can afford that, its the deposit for the deal on their website which is near on £800 I cannot afford atm.
deal on their website seems alot more inviting, 24 month contract monthly payments of £130 and 0% interest
[Edited on 20-05-2013 by Ben-B]
|
taylorboosh
Member
Registered: 3rd Apr 07
User status: Offline
|
Thats far better, save up?
|
Ben-B
Member
Registered: 28th Jul 08
Location: the lovely Nottingham
User status: Offline
|
quote:
Originally posted by taylorboosh
Thats far better, save up?
Considering it, just dont want the bike to be gone  too impatient!
|
AlexW
Member
Registered: 25th Oct 08
Location: Essex
User status: Offline
|
Don't buy a new 125, Don't buy it on finance, The only thing 125's are good for are as a stepping stone to a big bike.
Buy the cheapest, shittest 125 you can to get you experiance, do your tests and get a big bike.
A new 125 will be fucked within months, Engine ragged to fuck to do modern speeds, bodywork damaged from drops and crashes, and not looked after as its a 125.
Been through a 125 stage, bought a fancy faired one, it was a mistake.
Also, a 2t will need a rebuild too often.
|
dannymccann
Member
Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
|
My rs had to be rebuilt twice in the 6 months I had it, not cheap if you can't do it yourself/don't know someone to help. It was fun and fast, but unreliable
|
Tomnova16
Premium Member
Registered: 21st Jan 06
Location: Gerrards Cross Drives: Porsche 911
User status: Offline
|
Surely a credit card would be cheaper
http://www.lemass.co.uk/ for all your automotive/bodyshop needs
Located in Chalfont st Peter
|
Daimo B
Member
Registered: 20th Mar 00
User status: Offline
|
£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]
|
Ojc
Member
Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
|
Don't buy a new RS they are slow as shit compared to the old ones
|
ed
Member
Registered: 10th Sep 03
User status: Offline
|
quote:
Originally posted by Kyle T
Try a bank loan first, should be able to get one at a better rate.
Would think a bank loan for £4k would be pretty expensive. The good rates tend to come in at the £7k mark at the moment.
|
Jay
Member
Registered: 26th Sep 04
Location: Liverpool
User status: Offline
|
I had the same outlook as you, and I got bored of the 125 after about two months
|
ShEp
Member
Registered: 9th Aug 05
Location: Dingwall, Highland
User status: Offline
|
Get a 600 and have it restriced 
|
Graeme
Premium Member
Registered: 26th Jul 04
Location: Northampton
User status: Offline
|
quote:
Originally posted by ShEp
Get a 600 and have it restriced
But would need to do test first.
I personally would save up. Get some lessons and do your test. Then evaluate what bike you want. The kit they will give with the bike will be cheap. You need to spend as much as you can on safety kit to get the best possible.
|
Jamie Walby
Member
Registered: 15th Nov 04
User status: Offline
|
Finance like that on any vehicle is madness IMO.
You end up paying more than what the bike is worth (because of the interest) and its going to depreciate (obviously)
I would save and wait and buy a cheaper second hand one if you want it just to pass your test.
Also, if you are only buying it to pass your test as soon as you can buy a bigger bike you will want to buy a bigger bike but you will still have the finance to pay off......
Just my 2 cents.
|
DaveyLC
Member
Registered: 8th Oct 08
Location: Berkshire
User status: Offline
|
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.
And spending over SIX GRAND in the long term to buy a 125cc is just demented!
For that money you could pay for your Test, buy something decent AND insure it.
If you buy that RS125 on finance you are a retard.
|
