Buying Used

Minibiker said:
Ive never done anything like a loan online, how would that then pay for the bike? Would i also need to ask for more?

If bike is 6k then take a loan of 7k
Click to expand...
  1. You apply for the loan to the value that you want. If it's £6k then apply for £6k unless you want more to cover accessories/insurance etc.
  2. Once granted the loan company transfer you a lump sum. Usually, via bank transfer.
  3. You use your newly acquired wealth to make the purchase as a regular customer
Normally, that's it. However, I'm sure someone will point it out but if you want to get complex...

You could probably haggle more discount on a PCP deal than a cash buyer (as weird as that sounds) so if you want to complicate things you'd get a loan as per steps 1-3, but agree a deal on PCP with the dealer... then ring the finance company and use your lump sum to pay for the bike after a month. This nets you the discounts that the dealer can offer on new bikes with PCP but it's probably more hassle than it's worth and may not apply to an older bike :p
 
EVH said:
  1. You apply for the loan to the value that you want. If it's £6k then apply for £6k unless you want more to cover accessories/insurance etc.
  2. Once granted the loan company transfer you a lump sum. Usually, via bank transfer.
  3. You use your newly acquired wealth to make the purchase as a regular customer
Normally, that's it. However, I'm sure someone will point it out but if you want to get complex...

You could probably haggle more discount on a PCP deal than a cash buyer (as weird as that sounds) so if you want to complicate things you'd get a loan as per steps 1-3, but agree a deal on PCP with the dealer... then ring the finance company and use your lump sum to pay for the bike after a month. This nets you the discounts that the dealer can offer on new bikes with PCP but it's probably more hassle than it's worth and may not apply to an older bike :p
Click to expand...

Just went on money saving expert to see what it throws back at me, it gave me a list of companies with the details of the loan and then said at the bottom of each one said 0% Elegibility... What does that mean?
 
Minibiker said:
Just went on money saving expert to see what it throws back at me, it gave me a list of companies with the details of the loan and then said at the bottom of each one said 0% Elegibility... What does that mean?
Click to expand...


That you have zero chance of getting those loans. Time to sign up to Noddle and Clearscore and sort out your credit profile.
 
Diddums said:
That you have zero chance of getting those loans. Time to sign up to Noddle and Clearscore and sort out your credit profile.
Click to expand...

I have clearscore account and Experian... My experian account shows my score as Fair (738) surely that's good enough for a loan :(
 
It may be something silly like not having your name on an electoral register or something obscure like a bad mark against you’re address (due to a previous tenant).

Only way to find out is to get a detailed report and go through it :(
 
Diddums said:
"Fair" is rubbish. You need good, outstanding or excellent, depending on the jargon they use.
Click to expand...

Ahh balls more work needed then, I have no outstanding debts so next months report may change as last month it went up 200 points in one month
 
EVH said:
It may be something silly like not having your name on an electoral register or something obscure like a bad mark against you’re address (due to a previous tenant).

Only way to find out is to get a detailed report and go through it :(
Click to expand...

On my Experian account it does say 1 bad alert is that i'm not on the Electoral
 
Diddums said:
Stop being such a bell end ffs. I can't remember the last time we had any drama in this subforum, now you come along and it's two threads in two days :rolleyes:
Click to expand...
And at the risk of creating some more:

That's a nice bike, Mini. Good choice!
Hope you have fun... and of course, I'm sure you know not twist the throttle too far... ;)
 
ttaskmaster said:
And at the risk of creating some more:

That's a nice bike, Mini. Good choice!
Hope you have fun... and of course, I'm sure you know not twist the throttle too far... ;)
Click to expand...

Yeah had 2 Street Triples before and i keep going back.. Absolute blast for what i use it for
 
EVH said:
Let’s put it this way, you’re coming across very aggressive. I was going to add a wink to my message but now I’m worried you’d think I was coming on to you if that’s how you’ve read my comment :eek:

Also, the fact that you found the need to stipulate that you weren’t affiliated would probably make me (as a moderator) look in to the claims more.

So what if others claim you’re linked? Brush it off and move on. I like to think the people of bikers cafe can have a bit of banter enough to not resort to trying cry foul of a poster so quickly.
Click to expand...

Did I miss a ninja edit or something? At what point has any form of aggression come into Nemeses' posts? I've just been plodding through the posts, and could clearly tell "And no I don't work for them in away way what so ever" was a tongue-in-cheek remark; following the numerous bumps for a link to finance :confused:
 
You must log in or register to reply here.
Back
Top Bottom