New bike on hp?

Question

hi im looking to buy this motorbike i saw its a yamaha yzf 600 thunder cat

an its selling price is for 1995 pounds (gbp)

im looking to get it on hp for 3 years but im not sure how much more would be put on top of the selling price

the hp is with a company called black horse

please help!!!!!

Answer 1

£3600 is roughly what you may pay back , if you need a loan always ask the bank first its going to be your cheapest way , but dont miss payments ,, you can knock off £600 nif you dont take payment protection , you dont have t have it . remember that. i had it i lost my job and they would not pay out, i stopped making payments four years agon, still aint heard nothing

Answer 2

Black Horse are actually Lloyd's bank so no worries there.

You could actually get a brand new bike on 0%.....Kawasaki and Suzuki are doing deals on lots of new bikes at the moment.

You may find that for the same monthly payments (or just a few quid more) you will be getting a bike with 0 miles on it.

Usually these deals involve a minimum 10% deposit (ie on a £6000 bike you need to put down £600)

Have a look around as there are loads of good deals out there at the moment.

Answer 3

Look at the APR and the final amount paid, any offer will have to show both these amounts by law, you do not have to agree immediately, despite the pressure being applied, compare with other lenders, if this deal is through the dealer they will be getting a commission on it and generally the terms are not the best available.

Answer 4

Hi if i know dealerships and getting bikes on hp i think you be looking at paying back around 3000-4000 back.

It would be worth looking in auto trader you might be able to find 1 for around 1000 -1500 and if you go onto the parker guide you can see how much they are worth.

Hope that helps