Aparently wants under £9000, not sure on the can but could be a steal if you wanted a nearly new bike, what you think ? 2011 HONDA CBR 1000 RR-B BLUE | eBay
Looks nice, will be interesting to see what it goes for. Some of the new bikes are not going for that much more than some RR2/3's...... I thought of a 954 but can just not bring myself to spend around the £4k mark for what is at it's heart, 12 year old technology. This recession will bring many more surprises and bargains before it's over.
I might be wrong but don't think bike finance is the same as car... It come under personal loan and not attached to the vehicle. Hence you can sell your bike and not clear the finance and noone can come knocking for your bike If the previous owner hasn't paid. Like I said, might be wrong but sure I've read that somewhere?
I asked the Honda dealership I bought the bike off if the bike was secured to the loan, they said it is not so technically you could sell it on and keep the loan going 0% as far as I am aware ? thats why i did not like the aprillia finance because it was hire purchase and you still owed over £6000 at the end of it ! not 100% as I have not looked through the finance agreement but believe them I would still want proof of the seller ! and the financing company
I worked for a leasing and finance company for 20 years...... be very very careful if anybody is considering this action. Most cars (and bikes) are financed with the bike either on a HP or PCP plan, until the full payments are made.... and any end payment.... and any option to purchase fee, the bike is not the hirers or anybody elses, it's the banks, or finance houses property. Best thing to do is a HPI check, find out who its on with and call them, quote the finance agreement number and although they can not tell you a lot of detail (Data Protection Act) they can tell you if its still on and if its HP etc..... i would consider buying it on finance but the way in which the monies were paid (and to whom) would be determined by what contact it was on.
i am currently part exing my cb1000r in for a blade . i went to the dealers . he did a hpi check which showed that there was no finance tied into the bike. i still owe £1800 on the bike but he said it does not matter if i sell the bike either to them or sell it privately as it is classed as a personal loan. so i can get my new bike and still keep paying the 0% to honda finance for my old bike if i want, which sounds like a good idea to me, might as well leave my money in my bank account earning interest.
Thats it mate .. Better in your bank than theirs . If its not costing you anything , why rush to pay it off ?
