Jump to content
BANGKOK
Los Luver

Financing a Big Bike

Recommended Posts

I'm planing to buy a MC on my coming trip. The thing is I have to choose between a Honda rebel 500 and a Suzuki boulevard c50.

- Honda costs 220K. I can afford to buy it cash !

-Suzuki costs 399K. I love it but I can't afford it. I wonder if a foreigner on tourist visa can get a loan to finance a MC. I can pay 230K cash down payment + 12/18 month instalments

Will it help if I got a 6 month Ed visa ?

 

69145460_1270173299828663_6894947305074458624_n.jpg

67965571_2519810308241123_5350948871885291520_n.jpg

Share this post


Link to post
Share on other sites

I like the Honda much more and if it were the other way round price wise I'd still like it more. 

 

The big question here is:

 

Can you handle these beasts?

 

My Honda click still surprises me and I'm 5 years in the saddle.

  • Like 1
  • Sad 2

Share this post


Link to post
Share on other sites
Posted (edited)

I have 18 years experience with bikes.

I ride Yamaha Dragstar 650 home and I alaways rent a black Honda Shadow 750 and twice the brown one, 750cc too when in Patts

 

 

 

 

 

Edited by Los Luver

Share this post


Link to post
Share on other sites

Please guys, the thread title : Financing a big big.

I wish info about that. Anything about driving is not relevant here. 

  • Like 1
  • Thanks 1

Share this post


Link to post
Share on other sites

Difficult without a WP, dont forget most financing on bikes is 1.5% interest PER MONTH....

  • Like 2

Share this post


Link to post
Share on other sites
10 hours ago, Los Luver said:

Honda costs 220K. I can afford to buy it cash !

Way to go saves a lot of hassle.

  • Like 1

Share this post


Link to post
Share on other sites

If you can't pay for a toy in cash then that's life telling you that you can't afford it right now and simply should not buy it. Interest rates are too high here. What if your income goes away? You can't quickly sell a bike like that to the next guy around the corner.

 

As mentioned without a work permit it will be difficult if not impossible. Only chance would be with a guarantor maybe.

  • Like 1

Share this post


Link to post
Share on other sites

You could get a second hand low mileage Kawasaki Vulcan 650 for around 200k.... baht sold usually has a few


Sent from my iPhone using Thaivisa Connect

  • Like 2

Share this post


Link to post
Share on other sites
On 8/18/2019 at 4:31 AM, Los Luver said:

Please guys, the thread title : Financing a big big.

I wish info about that. Anything about driving is not relevant here. 

This is all you need to calculate your financing. Even in the MC business rates are in between 6 and 20% effective.

 

http://vindeep.com/Calculators/EMICompare.aspx

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...