Poenster Posted February 5, 2008 Share Hi guys, I am needing some advice, if you have any to give... A while ago I found a pamphlet for a company by the name of bicycle finance, and I thought this might be a good way to buy that bike I always wanted. Does anybody know anything about them? Thanks! Link to comment Share on other sites More sharing options...
VeloRacer Posted February 5, 2008 Share I know Wesbank can help you. Its called Wesbank Leisure. Link to comment Share on other sites More sharing options...
scotty Posted February 5, 2008 Share Most financial institutions will finance assets by way of personal loans and you can play one off against the other by negotiating. Link to comment Share on other sites More sharing options...
Danger Dassie Posted February 5, 2008 Share I think FNB also offer a 'leisure finance' deal, remember seeing something like that at Cycle Lab. Unless it was actually Wesbank like Silverboy suggested. Seem to be a range of options, maybe a good idea to see who offers the best deal. Link to comment Share on other sites More sharing options...
scotty Posted February 5, 2008 Share I think FNB also offer a 'leisure finance' deal' date=' remember seeing something like that at Cycle Lab. Unless it was actually Wesbank like Silverboy suggested. Seem to be a range of options, maybe a good idea to see who offers the best deal.[/quote'] And T shirts and caps Link to comment Share on other sites More sharing options...
Cois Posted February 5, 2008 Share Just make sure of the following: Interest rates. Yes there is a thing like a credit act. But there is other ways of making money.Note that you can charge up to 25% pa.Now some guys tells you that they charge 5% pa, but remember that you might just pay an other way called service fees. Service fees can be any amount they choose. So make a note of service fees. Rather go to Wesbank or any trusted financial enabler. And make sure of the cost before you buy a cat in the bag.... Link to comment Share on other sites More sharing options...
Danger Dassie Posted February 5, 2008 Share I think FNB also offer a 'leisure finance' deal' date=' remember seeing something like that at Cycle Lab. Unless it was actually Wesbank like Silverboy suggested. Seem to be a range of options, maybe a good idea to see who offers the best deal.[/quote'] And T shirts and caps I never got a cap By the by, it also helps to check who is the underwriter of any finance provider. Link to comment Share on other sites More sharing options...
Poenster Posted February 5, 2008 Share Great stuff... Thanks guys. The underwriter is/ was ABSA, but I think I will go the wesbank route. I phoned the number on the pamphlet, and they dont exist anymore... apparently... Thanks again! Link to comment Share on other sites More sharing options...
scotty Posted February 5, 2008 Share Hint avoid those that offer finance now but repayments later, while the payments are delayed the borrowing interest is not and is added to the capital. Link to comment Share on other sites More sharing options...
gummibear Posted February 5, 2008 Share What bike are you wanting to buy. Link to comment Share on other sites More sharing options...
Poenster Posted February 5, 2008 Share What bike are you wanting to buy. The new black Merida 903 road. She is soooo pretty! Link to comment Share on other sites More sharing options...
FreakishlySlow Posted February 5, 2008 Share Buying a bike on Credit!! EISH, you must be riding without a saddle!! With our interest rates, no ways!! Only houses and cars should be allowed to be bought on credit! But hey, thats just me! Link to comment Share on other sites More sharing options...
Poenster Posted February 5, 2008 Share I will pay it off quickly, I just dont have that kind of cash lying around... And I am tired of doing 100km's in just under 5 hours on my 13kg Mountain bike... not a lot of fun!!! Link to comment Share on other sites More sharing options...
IanC Posted February 5, 2008 Share What bike are you wanting to buy.The new black Merida 903 road. She is soooo pretty! What is the price tag on that?And what group set? Link to comment Share on other sites More sharing options...
Poenster Posted February 5, 2008 Share She is a cheapy... Goes for R7000 and has the Tiagra groupset on... Link to comment Share on other sites More sharing options...
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