Rocket-Boy Posted May 23, 2019 Share Some great investments here and should give you a good return in 4-5 years https://www.blackmarlinfast.com/collections/felt Link to comment Share on other sites More sharing options...
Pure Savage Posted May 23, 2019 Share Someone needs to buy the R130k bikes new, so that those who buy it one year old for second hand for R55k. Link to comment Share on other sites More sharing options...
Veebee Posted May 23, 2019 Share everyone only looks at the bad...What if he knows his financial position is going to change, and he has a guaranteed bonus which will pay off the bike, and just needs to use the finance house till then... No problem. All of us with our assumptions, it doesnt help anyone. I am in the process of buying a new house now, I could wait till next year because I know my bonus + savings could buy it cash. [i run my own business and know what I am in for already on my bonus ] , but if I wait that long this house wont be there. So I am just using the bank for a few months to get what I want. The exact same thing can apply to the bikes, settle early and save on all the interest. Paying more when you have extra cash would do the same. So why not. Just be smart about it. Link to comment Share on other sites More sharing options...
Stretch Posted May 23, 2019 Share And your point is?The two extremes to achieve the same thing... The love of cycling Link to comment Share on other sites More sharing options...
wessie12 Posted May 23, 2019 Share My 2c....I financed my 1st new bike after losing money on buying 2nd hand and going after " more bang for buck" . Services and repairs amounted to almost what I paid for the bike. I just wanted to ride and enjoy myself and be fitter and more healthy. Waiting two years and saving was pointless to me. After discussing it with my family and making sure we can afford it I bought that damn bike. I paid it of 6 months earlier, went from a weekend warrior to a everyday rider, stopped smoking, lost 15kg , more energy, far less medical bills, met incredible people, rode incredible trails and roads, no stress, happy life , happy wife etc etc. My money is hard earn and I don`t like parting ways with it but I also realized that you cant put value on life, health and living. ( within boundaries) Will I do it again?Hell yes Link to comment Share on other sites More sharing options...
scotty Posted May 23, 2019 Share Can someone please just read the title of the thread and respond accordingly? Didn't see where the OP asked for financial advise or someone to be his daddy and tell him what to do.Was thinking the same. Link to comment Share on other sites More sharing options...
Jase619 Posted May 23, 2019 Share My 2c....I financed my 1st new bike after losing money on buying 2nd hand and going after " more bang for buck" . Services and repairs amounted to almost what I paid for the bike. I just wanted to ride and enjoy myself and be fitter and more healthy. Waiting two years and saving was pointless to me. After discussing it with my family and making sure we can afford it I bought that damn bike. I paid it of 6 months earlier, went from a weekend warrior to a everyday rider, stopped smoking, lost 15kg , more energy, far less medical bills, met incredible people, rode incredible trails and roads, no stress, happy life , happy wife etc etc. My money is hard earn and I don`t like parting ways with it but I also realized that you cant put value on life, health and living. ( within boundaries) Will I do it again?Hell yes Wait, did a new bike do that? HOW? Link to comment Share on other sites More sharing options...
wessie12 Posted May 23, 2019 Share Wait, did a new bike do that? HOW?haha...getting fitter does not mean you can only ride longer if you know what I mean Link to comment Share on other sites More sharing options...
MORNE Posted May 23, 2019 Share Can someone please just read the title of the thread and respond accordingly? Didn't see where the OP asked for financial advise or someone to be his daddy and tell him what to do.he came to the wrong place then Link to comment Share on other sites More sharing options...
Squier Posted May 23, 2019 Share Good on you OP. Make a decision, stick with it and live with the consequences. Link to comment Share on other sites More sharing options...
DR ◣◢ Posted May 23, 2019 Share Even betterer: never finance something unless it is a roof over your head or produces an income.Even better, never finance anything. Live in a box. Link to comment Share on other sites More sharing options...
DR ◣◢ Posted May 23, 2019 Share My advice If you can make it happen, whichever way, it doesn’t matter as long as you enjoy it. He who dies with the most toys, wins! Never look back on life and regret ****. Link to comment Share on other sites More sharing options...
gerriemtb Posted May 23, 2019 Share Any recommendations and suggestions? i-Me/Yonda/Bicycle Finance SA etc?You might want to consider to go directly to the banks and maybe cut out a middle man/extra fees? https://www.wesbank.co.za/wesbankcoza/foryou/leisure Link to comment Share on other sites More sharing options...
Allrounder Posted May 23, 2019 Share I see cyclelab/cwc do not put prices on the nice bikes at the door. Just R1700 over 36 months with Wesbank. Link to comment Share on other sites More sharing options...
IceCreamMan Posted May 23, 2019 Share Those saying dont finance toys are 110% correct. HOWEVER, bicycles are a slightly different kettle of toys as they are in fact health related investments and if financing a bicycle means you ride the bike you like and you cycle more then thats a good thing. So by all means finance a bike. Keep the payments affordable and go cycle. Investing in ones health while you can can never be overated cos once you lose your health you spend your lifetrying to get it back. Link to comment Share on other sites More sharing options...
dannygirl Posted May 23, 2019 Share Poor OP... 80-odd comments, and only a handful relevant to his question. OP, I have no knowledge of any of the financing options you mentioned. My 2c:get quotes from all of them (as suggested by others)get a quote from your bank for a different kind of loan (if this is an option)calculate what it would cost on your homeloan, if paid off over the same period as the other options (if this is an option). Then pick the best offering, after having also read the smallprint...and go and enjoy the bike! Link to comment Share on other sites More sharing options...
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