Rookie to rider

Soldato
Joined
13 Jun 2009
Posts
4,581
Location
Chesterfield
I have been working in the motorcycle industry for 7 years now but have never ever had the spare cash to get a license and kit,

Basically you pay £500 upfront,

They get you your full bike licensce, plus up to £1400 worth of kit and you take out finance on any of the BMW range

I think im going to take up this great idea by BMW

http://www.bmwmotorradfinancialservices.co.uk/new-rider-offer

The F800R is still a little pricey for me but BMW have released the price on the new G 310 R and its £4200 and you can use this new rider offer on any BMW so the 310 R seems like a very cheap way to get into biking, plus maybe a decent starter bike.

With the F800R being over £7k and this offer being £199 a month im hoping the 310 R beings into the £99 a month sort of range which is affordable for me. Plus hopeful i get some industry discount :D
 
All fair points. I also drive a car and the bike will only be a toy so really doubt I'd go over 5k.

When I look at the used market for bikes they never seem that cheap vs new models

What banks have the best rates nowerdays?

How is the MT07? What sort of money should I be spending on kit ?

I'm in the Suzuki affiliate scheme so can get £1200 off the new SV650. Worth it?
 
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I need to search around for a loan to check . I can just afford to get enough money to do my DAS and the kit and bike would need to be a bank loan
Also worth noting I work in the industry and talk to dealerships all the time so I'm friendly with a lot of them. I'd imagine I'll get some perks
 
How about the new SV650?

Suppose to be a great starter bike, i can it with £1200 off RRP (about 4.5k)

pretty sure if i bought it through one of my Suzuki dealers they would chuck in some kit or heavily discounted
 
Looking at reviews for the new SV it's done quite well. With the Suzuki scheme I'm in I can get a new SV cheaper than a used MT07.
 
If for example i purchased a new SV650 for around 4.5k or a used MT07 around the same time, how much value do you think this will lose in 2 years?

Only reason i ask is, with the BMW offer on the G 310 R instead of the F800R it should be around £99 a month

£99 x 24 = 2376 + 500 deposit = 2876
and that includes me getting kit and passing a test

Yes after 2 years im handing it back but will the above models lose as much money as this?

Anyway i prefer the styling of the MT-07 but the SV650 is fantastic value with the deal i can get on the Suzuki scheme. Hard choice

I will probably email a few contacts to see if i can get some kit thrown in for free.
 
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You're speculating about the £99 per month based on the bikes original price, I doubt BMW will price it as such.

BMW will be making more on these bikes than selling new, and don't forget unless you return the bike as new with very low miles you will be getting charged more.

When we say drop it that doesn't just mean come off it, it could simply fall over ect.

If you return it with any damage or repaired damage your going to end up paying nigh on what it cost to buy it outright anyway , and BMW will still have a bike to sell on.

You are totally correct, Im leaning towards a new SV650, im not bothered about having a new one but with my Suzuki affiliate scheme i think the price is something like £4300. Lowest bank loan i can be accepted for makes it around £138 a month for 3 years.

Also the speculation is only half and half, i talked to come contacts and he said he would expect it to be around that price.
 
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