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08-08-06, 08:42 PM | #1 |
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Sell in Oct or store + sell in Spring?
My insurance + tax are both up at the end of Sept. I don't have £750 at the moment to renew them. The awful season of winter will also soon be amoung us.
Do I 1) Sell in Oct (will I get much less for it selling it at a bad time of year?) 2) Sworn and store over winter and sell in spring (will I get any more for it if I wait?) I plan on getting a new bike come 2007. |
08-08-06, 08:45 PM | #2 |
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I'd sell it as soon as you stop using it.It will deteriorate and depreciate over winter and the theoretical extra money you get in spring is a bit of a red herring IMHO.
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08-08-06, 08:47 PM | #3 |
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Winter doesn't usually decend until about November, December and some years as late as Jan time and there are still some great riding opportunities right up until late October. Hell I ride all year round so I only hate Jan and feb, the other months are warm in comparison! Anyway, I would say it really is down to your preference on what you do. Personally I would keep it until next year but then I don't have a car!
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08-08-06, 09:03 PM | #4 |
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I haven't got a car either. I'd be bussing it! I wont be able to ride it for a month or two after oct any way, lack of funds! So there is not really much point in getting it insured coming so close to winter! I'll have to sleep on it.
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08-08-06, 09:07 PM | #5 |
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Is it Ebikeinsurance that allow you to insure just for the months you ride and to save on teh months you don't - so long as you declare SORN?
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08-08-06, 09:22 PM | #6 | |
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Re: Sell in Oct or store + sell in Spring?
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08-08-06, 09:33 PM | #7 |
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If I had somewhere to keep it locked up I would do and sell it in the spring. Then you can use it to the end of summer. Put the insurance on pay monthly and get a couple of extra months out for the summer - Then lock it up over winter. Chances are if I sold before the end of summer the money would be spent on something else - or other toys - before the season comes round again.
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