How do you finance a new bike?
I hate using credit
If you can afford it, and it’s short term, why do you hate it?
I just hate being in debt & although I could scrape together enough to pay it off in the back of my mind I’m thinking if a big bill comes in, heating breaks, car probs etc then I’m stretched to breaking point. Just paranoid & not an optimist I guessPosted 2 years ago
I looked at a Yeti this time last year, about a grand off the rrp and 3 years 0% finance. But it was a 26er so I walked away because I can’t see into the future.
hoverboards, apparently. They’re already here. Have been for years. But they won’t release them because they can’t decide on an optimum size for the jets. There are presently 3 options…Posted 2 years agoandylcMember
What on earth is wrong with interest free credit?? I use it regularly, although not because I can’t afford things just because it is super easy and great value. I usually only do it if I have enough savings to ensure that I could pay it off if I needed to. If you have a decent regular income then interest free credit feels like free, because you don’t really notice the money and just budget a little each month to accommodate it. What’s not to like…?Posted 2 years agom360Member
today’s bikes seem more & more out of reach (see the latest Yeti) so how do you pay for the latest stuff?
Don’t buy the latest stuff? Be happy with what you have?
If you feel happier not having debts then you’ll feel happier riding what you have and not what’s got you on the monthly.
Personally I think buying used/in sales/self-builds are the way to combat this. You spec the bike/frame/parts that you can afford at the time and upgrade when funds allow.Posted 2 years agoMoreCashThanDashSubscriber
I beg, plead and generally demean myself in front of the children until MrsMC takes pity on me and issues strict instructions as to how much money I can have and what I must sell in order to pay for the
new inner tubewhatever it is I wish to purchase.
God help me if the planned job/role swap takes place and she becomes the main wage earner. 😥Posted 2 years ago
interest free credit is a bit of a myth in my eyes, yuo can always negotiate a harder deal with cash as the interest is not really ‘free’, its just absorbed into the list price and hence mark up on the bike you buy.
disagree with this.
most businesses don’t want to deal in cash nowadays. I work on a trade counter, we are currently bringing in a account or credit only system.
in the world of any business cash is no longer king.Posted 2 years agowillardMember
New is a very odd concept. Ok, both my Malt 2 and Malt-R were new, but got justified because they were heavily reduced, I had the cash spare and was preparing to make my final capital purchases for a while (think of it as a yearly toy budget blow-out). It helped that my previous bike had been stolen and I needed another one.
I’ve just bought a full sus though and, after many. many hours of reviewing and soul searching, I just could not justify spending a shit-tonne of money on a brand spanker, despite loving the Bronson and secretly liking the Aeris. So, I ended up buying a second hand 2012 Stumpy from a man in Bracknell.
It cost about the same as my Malt 2 and I think I have had far less buyer’s remorse than I would have done if I had spanked 2.5k on an Aeris or 3.5 on a Bronson.
I paid for it with cash, because I had the spare cash saved up for it.Posted 2 years ago
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