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LBS that provides payment options on their bikes


edgarblount

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Credit card, I used that option, the financing options through bike shops is at a rip off interest rate of 21%-27%+

 

You can get R29000 limit on your credit card (well I got that on my card but made it way less...) at an 17% interest rate (I got 17%) and you get the unemployement insurance should you be retrenched it is covered :thumbup:

 

Otherwise save another 6 months extra and buy it cash...

Edited by MTB_Roadie
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  • 2 weeks later...

Are there any bike shops that provide payment options on their bikes? What I'm looking to do is purchase a bike in the region of R16 000 and then give a 50% deposit and pay the rest off over a period of say 6 months.

 

There is a company that provides payment options on bikes ( www.bikelife.co.za ). Just get a loan at the bank and pay them back.

 

My dealer let my pay off items I buy.

Edited by Heinrich55
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I saw signs up at Hot Spot giving a cash price, monthly installment and total financed amout, whether they are a registered FSP or use a different one, I don't know.

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