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Yes, I am financing a bicycle. No, I don't need your judgement.


pmswanepoel

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Posted

Was thinking about bicycles this morning and finance. Unless I buy a Tesla, I am unlikely to finance a car again (if I ever have my own one again). However, if your bicycle is your primary source of transport, what is the difference between financing a car or financing a bike?

Posted

Was thinking about bicycles this morning and finance. Unless I buy a Tesla, I am unlikely to finance a car again (if I ever have my own one again). However, if your bicycle is your primary source of transport, what is the difference between financing a car or financing a bike?

 

are you trying to confuse us with "facts" .... on a FRIDAY ??

 

 

we all know bikes are toys, and toys may only be bought cash.

Posted

Was thinking about bicycles this morning and finance. Unless I buy a Tesla, I am unlikely to finance a car again (if I ever have my own one again). However, if your bicycle is your primary source of transport, what is the difference between financing a car or financing a bike?

My bike/s aren't my primary source of transport. But, my car is paid off and my riding is my primary source of sanity, health and wealth. So if there were a dream bike I'm looking at, I'd consider financing a portion.  

Posted

Stop being facetious G!

Me, facetious? Of course - life’s too short to be serious [emoji16]

 

Reminds me of this one:

 

"Surely, you can't be serious," they said.

“Of course I'm serious," he replied, "And don't call me Shirley."

Posted

My bike/s aren't my primary source of transport. But, my car is paid off and my riding is my primary source of sanity, health and wealth. So if there were a dream bike I'm looking at, I'd consider financing a portion.  

Jip Nobody flinches if you have dstv. R1000 pm. 

 

If you don't have dstv, way can you not spend that money on something that you can show for it after a year or 3. 

 

I don't think it is a clear cut situation as people are trying to make it. 

 

As long as you are saving for retirement, have a place to stay, food in your belly, and your kids school fees are paid. Why not? You put the work in to earn the money. You know how much time you spend riding. If a nice bike gets you of your arse and looking after your own health, instead of watching sport that has no effect on your life directly, why not? 

 

And like i said before, paying the bank is not a choice. Saving R45k a month over the same period is impossible for most people. 

Posted

Jip Nobody flinches if you have dstv. R1000 pm.

 

If you don't have dstv, way can you not spend that money on something that you can show for it after a year or 3.

 

I don't think it is a clear cut situation as people are trying to make it.

 

As long as you are saving for retirement, have a place to stay, food in your belly, and your kids school fees are paid. Why not? You put the work in to earn the money. You know how much time you spend riding. If a nice bike gets you of your arse and looking after your own health, instead of watching sport that has no effect on your life directly, why not?

 

And like i said before, paying the bank is not a choice. Saving R45k a month over the same period is impossible for most people.

I can stop my DSTV subscription at any point in time should something unfortunate happen to me and I cannot make payment anymore. The same cannot be said for a financed car/bike/house/etc. It's for that reason alone I try my best not to finance anything unless absolutely necessary. A bike will never fall into the category of absolutely necessary for me (not a source of transport for me, purely a toy).

 

But that's just me, doesn't really bother me if someone else decides to finance a bike.

Posted

Jip Nobody flinches if you have dstv. R1000 pm. 

 

If you don't have dstv, way can you not spend that money on something that you can show for it after a year or 3. 

 

I don't think it is a clear cut situation as people are trying to make it. 

 

As long as you are saving for retirement, have a place to stay, food in your belly, and your kids school fees are paid. Why not? You put the work in to earn the money. You know how much time you spend riding. If a nice bike gets you of your arse and looking after your own health, instead of watching sport that has no effect on your life directly, why not? 

 

And like i said before, paying the bank is not a choice. Saving R45k a month over the same period is impossible for most people. 

What if I bet on the horses (asking for a friend)  :whistling:  :whistling:  :whistling:

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