How did you pay for your bike? - SV650.org

Mej · 19-02-10, 04:12 PM

Just been looking at my next bike recently and i was just wondering how people manage to afford them really, as they are not that cheap and its a fair bit of cash to save up?

1st couple of bikes, i paid for in cash.

2nd was the SV, loan im still paying.

3rd. GSXR 750 K6 or 7, prob gonna have to be a loan as they are pricey bast*rds.

Dave20046 · 19-02-10, 04:17 PM

used notes, always.

fizzwheel · 19-02-10, 04:21 PM

1st bike, was given to me by my dad as a loan. Then when I didnt want it anymore I sold it and when I went to give him the cash for it, he refused it.

2nd bike, - the SV, paid for in cash

3rd bike, GSXR, looked at using dealer finance, which was hideous APR and big repayments, so in the end I topped up my mortgage and used that to fund the purchase of the bike.

19-02-10, 04:22 PM

Choo asked for a special favour, and then i topped it up with cash. I'll always save up and pay with cash...like fizz has seen, finance is just alot of money down the drain, unless you can get a 0% deal

fastdruid · 19-02-10, 04:25 PM

First bike (TS50), cash
Second bike (CD200) cash
Third bike (GSX250) was free
Fourth bike (CD200) cash
Fifth bike (SV650) finance
Sixth onwards cash.

I put down finance as that's been the most expensive one, all the others previous were <£200.

Druid

19-02-10, 04:25 PM

Peds -Bought
SV - Bought
Bandit - Dad put a deposit, I paid the rest on 0%, now paid off.
Benelli - Dad lent me some money, I paid half. I still owe him the other half..

At some point.....

I've been lucky my dad helped me, otherwise i'd have never got to owning it.

Hint: Benelli Tornados, still £6000 otr brand new (well, old bike, not registered yet)

christopher · 19-02-10, 04:25 PM

Yamaha YZF-R125, 2008/58
Brand new from a dealer, full amount in cash when I picked it up. Sold it 8 months later for £400 less than I bought it for.

Suzuki SV650S, 2005/06
Used from a dealer with one previous owner, again full amount in cash when I picked it up. Paid a little over the odds as it was the one I wanted... full fairing (inc. lowers), the (darker) blue I was after, Yoshimura exhaust, etc. Still got it 10 months later. Doubt I'll sell it anytime soon!

Next bike, cash again! If I can't afford something then I don't have it. The only thing I ever see myself borrowing money for is a house.

19-02-10, 04:37 PM

Can I have the option of a 0% credit card...? Booyaka.

19-02-10, 04:53 PM

My Father paid for it outright then I direct debbited the money into this account.

I will put finance

timwilky · 19-02-10, 04:55 PM

I have always paid cash for my bikes.

Best way, go to see it, let owner know you have cash to pay, walk away if price not agreed, watch them come running for a second sniff of the wodge.

View Poll Results: How did you pay for your bike?
Cash	85	65.89%
Finance	34	26.36%
Loan	13	10.08%
Stole It	2	1.55%
It was a gift!	3	2.33%
Multiple Choice Poll. Voters: 129. You may not vote on this poll

19-02-10, 04:12 PM	#1
Mej Member Mega Poster Join Date: Dec 2008 Posts: 1,418	How did you pay for your bike? Just been looking at my next bike recently and i was just wondering how people manage to afford them really, as they are not that cheap and its a fair bit of cash to save up? 1st couple of bikes, i paid for in cash. 2nd was the SV, loan im still paying. 3rd. GSXR 750 K6 or 7, prob gonna have to be a loan as they are pricey bastrds. __________________ Last edited by Mej; 19-02-10 at 04:27 PM.*

19-02-10, 04:17 PM	#2
Dave20046 Member Mega Poster Join Date: Jul 2008 Location: Sheffield Posts: 10,274	Re: How did you pay for your bike? used notes, always. __________________

19-02-10, 04:21 PM	#3
fizzwheel Super Moderator Mega Poster Join Date: Dec 2003 Location: Somerset Posts: 3,614	Re: How did you pay for your bike? 1st bike, was given to me by my dad as a loan. Then when I didnt want it anymore I sold it and when I went to give him the cash for it, he refused it. 2nd bike, - the SV, paid for in cash 3rd bike, GSXR, looked at using dealer finance, which was hideous APR and big repayments, so in the end I topped up my mortgage and used that to fund the purchase of the bike. __________________ Look Dave, I can see you're really upset about this. I honestly think you ought to sit down calmly, take a stress pill, and think things over. K5 GSXR 750 Anniversary Edition

19-02-10, 04:22 PM	#4
Alpinestarhero Guest Posts: n/a	Re: How did you pay for your bike? Choo asked for a special favour, and then i topped it up with cash. I'll always save up and pay with cash...like fizz has seen, finance is just alot of money down the drain, unless you can get a 0% deal

19-02-10, 04:25 PM	#5
fastdruid Member Mega Poster Join Date: Jul 2003 Location: W Mids Posts: 2,037	Re: How did you pay for your bike? First bike (TS50), cash Second bike (CD200) cash Third bike (GSX250) was free Fourth bike (CD200) cash Fifth bike (SV650) finance Sixth onwards cash. I put down finance as that's been the most expensive one, all the others previous were <£200. Druid __________________ '00 SV700S - '94 RVF400R - '97 RVF400R - '88 VFR750F

19-02-10, 04:25 PM	#6
Daimo Guest Posts: n/a	Re: How did you pay for your bike? Peds -Bought SV - Bought Bandit - Dad put a deposit, I paid the rest on 0%, now paid off. Benelli - Dad lent me some money, I paid half. I still owe him the other half.. At some point..... I've been lucky my dad helped me, otherwise i'd have never got to owning it. Hint: Benelli Tornados, still £6000 otr brand new (well, old bike, not registered yet)

19-02-10, 04:25 PM	#7
christopher Member Join Date: Apr 2009 Location: Chester, UK Posts: 795	Re: How did you pay for your bike? Yamaha YZF-R125, 2008/58 Brand new from a dealer, full amount in cash when I picked it up. Sold it 8 months later for £400 less than I bought it for. Suzuki SV650S, 2005/06 Used from a dealer with one previous owner, again full amount in cash when I picked it up. Paid a little over the odds as it was the one I wanted... full fairing (inc. lowers), the (darker) blue I was after, Yoshimura exhaust, etc. Still got it 10 months later. Doubt I'll sell it anytime soon! Next bike, cash again! If I can't afford something then I don't have it. The only thing I ever see myself borrowing money for is a house.

19-02-10, 04:37 PM	#8
injury_ian Guest Posts: n/a	Re: How did you pay for your bike? Can I have the option of a 0% credit card...? Booyaka.

19-02-10, 04:53 PM	#9
chasey Guest Posts: n/a	Re: How did you pay for your bike? My Father paid for it outright then I direct debbited the money into this account. I will put finance

19-02-10, 04:55 PM	#10
timwilky Member Mega Poster Join Date: Mar 2004 Location: Not in Yorkshire. (Thank God) Posts: 4,116	Re: How did you pay for your bike? I have always paid cash for my bikes. Best way, go to see it, let owner know you have cash to pay, walk away if price not agreed, watch them come running for a second sniff of the wodge. __________________ Not Grumpy, opinionated.

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