Impossible to get a Loan???

bovrilbadboy

Coveredinbees!!!! wrote: »

save up then it won't matter

True, that is clearly the most obvious and sensible answer to which I have done with previous bikes/toys etc(I hate being sensible)

I just work a lot of hours and wanted a toy for this summer:)

Oh well.

blacksta

You need a strategy

.1 Stop applying
2 Get on the electroal register
3 stop using the overdraft or get rid of it
4 Review the Credit record from experian and equifax
5 try again in about 2 years after fulfulling the above

or

Save up and buy the bike outright

Coveredinbees!!!!

Or by a cheaper bike, I was talking to a bloke the other day who had an R1 stolen and replaced it with a 91 GSXR which cost just over a grand and he says he is having more fun on it then anything else he has had in the last 10 years. When he wants to sell it again it will still be worth what he paid for it.

iolanthe07

If bike's are so dangerous, why are they half the price of insurance compared to a car, if not cheaper?

Because cars are capable of doing a lot more damage to a third party than bikes. Third party injury claims are why car insurance premiums are so high.

plum44_2

I have a Doctor friend who works in A & E. He says if you want to see how truly dangerous Motor bikes are just spend the morning with him....and My cousin was killed on his bike.

bovrilbadboy

plum44 wrote: »

I have a Doctor friend who works in A & E. He says if you want to see how truly dangerous Motor bikes are just spend the morning with him....and My cousin was killed on his bike.

My better half is a doctor in medicine, I'm ex-Police.

I've seen my fair share.

Looks like a cheaper bike is the only option.

Fiddlestick

bovrilbadboy wrote: »

I know how the traceability factor works but I find it hard to believe a person who is now earning £40,000 a year, is struggling to get a £7,000 loan for a motorcycle.

Buy a cheaper bike, or buy a second hand bike.

Even better save up for the money, since you are now earning £40,000 a year.

What bike is it that costs £7,000?

Give me half that and I would walk out my local bike shop tomorrow with something very nice indeed

Fiddlestick

plum44 wrote: »

I have a Doctor friend who works in A & E. He says if you want to see how truly dangerous Motor bikes are just spend the morning with him

I have a Doctor friend who works in A & E.

He rides his motorcycle to and from work.

What's your point?

Wutang_2

Fiddlestick wrote: »

I have a Doctor friend who works in A & E.

He rides his motorcycle to and from work.

What's your point?

I think his point was that his cousin died, you completely heartless person.

bovrilbadboy

Fiddlestick wrote: »

Buy a cheaper bike, or buy a second hand bike.

Even better save up for the money, since you are now earning £40,000 a year.

What bike is it that costs £7,000?

Give me half that and I would walk out my local bike shop tomorrow with something very nice indeed

I'm buying a second hand bike, remember 2nd hand bikes a few years old are around the £7000 mark with new bikes now costing £13-15,000 new.

£3500 will buy you a bike but it will be nearly a decade old.

Bikes are only as dangerous as the riders who mount them and stupid car drivers.

I've never had an accident touch wood covering 15,000 miles each year riding through central London almost daily.

My Dad died from carbon monoxide poisoning from not cleaning his exhaust from his wood burning stove on his boat, he was a Falklands veteran with the Marines.

Point is, life can end at any time so no point in stopping things you love incase of a "possible" accident, you might as well lock yourself in your room if you're that worried about dying, which is a normal cycle of life.