£100 a month
Author
Discussion

pessimal

Original Poster:

339 posts

112 months

Sunday 25th March 2018
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I'm fed up of my current bike breaking down, not working and generally being censored , so its getting chopped in against something.

I passed last June, so nothing too outrageous please, and its main task is as a practical commuter, although i would like it a bit fun for the odd evening or weekend ride out.

i'd have around £1500 deposit with my current bike and a bit of cash, and i dont want to be paying more than £100 a month on 3 year PCP, although less than that would be even better.

So suggestions from the PH faithful please smile

Andybow

1,177 posts

149 months

Sunday 25th March 2018
quotequote all
pessimal said:
I'm fed up of my current bike breaking down, not working and generally being censored , so its getting chopped in against something.

I passed last June, so nothing too outrageous please, and its main task is as a practical commuter, although i would like it a bit fun for the odd evening or weekend ride out.

i'd have around £1500 deposit with my current bike and a bit of cash, and i dont want to be paying more than £100 a month on 3 year PCP, although less than that would be even better.

So suggestions from the PH faithful please smile
Tracer 700

seveb

308 posts

104 months

Sunday 25th March 2018
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Kawasaki Versys or Z650. Surprisingly swift and capable, good fun and both will go on for 100k miles with just regular servicing.

seveb

308 posts

104 months

shurm

329 posts

279 months

Sunday 25th March 2018
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I used to have a cb650f for £50 quid a month on one of these 0% PCP Got it from Hunts Manchester and got it a bit cheaper than this price currently advertised ask for John the owner.

http://www.huntsmotorcycles.co.uk/NewBikes/honda-c...


CB650F Representative Example
On the road price £5,995.00
Customer deposit (cash or p/ex) £295.00
Amount of credit £5,700.00
36 monthly payments £80.59
Guaranteed future value £2,798.84
Total amount payable £5,995.00
Representative APR 0%
Excess mileage charge 3p
Annual Mileage 4,000 miles

Rubin215

4,201 posts

187 months

Sunday 25th March 2018
quotequote all
Buy a reliable £1500 bike and save your £100 a month instead.

Less to insure, less to service if you do it yourself, less likely to be pinched and at the end of everything it actually belongs to you so you're not handing it back to someone who has already made an obscene profit off you.

moto_traxport

4,264 posts

252 months

Sunday 25th March 2018
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Rubin215 said:
Buy a reliable £1500 bike and save your £100 a month instead.

Less to insure, less to service if you do it yourself, less likely to be pinched and at the end of everything it actually belongs to you so you're not handing it back to someone who has already made an obscene profit off you.
Flipping 2018 mate!

Shiney, shiney instant gratification. Easy payments etc

Be off with you. Talking sense and acquiring skills keeping stuff going. Pah!

Rawwr

22,722 posts

265 months

Sunday 25th March 2018
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Nee-naw! Nee-naw! The finance police have arrived! Prick Squad.


Lee540

1,586 posts

175 months

Sunday 25th March 2018
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KTM Duke 690

Mr_Tickle

224 posts

209 months

Monday 26th March 2018
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I think my mate ran a Ducati 821 for around 100 quid a month, might be worth talking to your local dealer.

black-k1

12,811 posts

260 months

Monday 26th March 2018
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Rubin215 said:
Buy a reliable £1500 bike and save your £100 a month instead.

Less to insure, less to service if you do it yourself, less likely to be pinched and at the end of everything it actually belongs to you so you're not handing it back to someone who has already made an obscene profit off you.
This! ... and you'll have no extra hidden costs if we get a couple of good summers and you end up doing more miles than expected each year

pessimal

Original Poster:

339 posts

112 months

Monday 26th March 2018
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I bought the £1500 special as my first bike.

Brake caliper fell off needing new replacement rear wheel and brake caliper, oil leaks, dodgy wiring, no oil pressure, heated grips that blow the headlight fuse.

Need I carry on?

Yes I probably have a lemon, and yes once the oil pressure is fixed (assuming it hasn't lunched the engine) it would probably be ok, but it's too many problems in 1500 miles and I want a reliable commuter.

I could go and throw 4k on something second hand, but it seems easier to find £100 a month and get something new for the first time.

I like the look of a Honda cb650f but I don't think you can have a centre stand with it which I would prefer.

Any further thoughts on a tracer 700?

Would a BMW f800 be too much for a newer rider?

LiquidGnome

551 posts

152 months

Monday 26th March 2018
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Lee540 said:
KTM Duke 690
He is looking for a reliable bike.

pessimal

Original Poster:

339 posts

112 months

Monday 26th March 2018
quotequote all
are KTM's really that bad?

anonymous-user

85 months

Monday 26th March 2018
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Mr_Tickle said:
I think my mate ran a Ducati 821 for around 100 quid a month, might be worth talking to your local dealer.
I financed my Monster 821 through Ducati TriOptions PCP who offered an interest rate of 2.91% per annum (3% APR). After sticking about £2.5k down, it's costing me £87/month. The GFV is such that I should have equity in the bike at the end of the three year period which I can either transfer over to the next PCP for a similar bike or top it up and get something a little beefier. I'm already eyeing up a Monster 1200R or KTM 1290 Superduke boxedin

The Monster 821 was a good first bike choice for me, the Urban riding mode is limited to 75bhp and you can dial up the ABS and TC independently for a super-safe mode. Touring and Sport modes then allow the full 112bhp with different throttle maps as appropriate. I find it plenty quick enough for me, really glad I took the plunge.

Plus, rather than having a stter, I take pride in owning it, I look after it it makes me smile every time I look at it in the garage.

lindrup119

1,235 posts

174 months

Monday 26th March 2018
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pessimal said:
are KTM's really that bad?
Yes and no, but if you're determined to avoid having another lemon then it's probably best you avoid them ha.



ETA: I don't think any bike is "too much" for a new rider, maybe apart from some very old school 2 strokes with ridiculous powerbands. Just buy what you like and can afford. Not very helpful advice I know but nip round some of the dealers and have a sit on them/test ride.


Edited by lindrup119 on Monday 26th March 10:32

pessimal

Original Poster:

339 posts

112 months

Monday 26th March 2018
quotequote all
Mac. said:
Plus, rather than having a stter, I take pride in owning it, I look after it it makes me smile every time I look at it in the garage.
to be honest, this is part of it for me.

i enjoy driving/riding, the whole process of it, a nice gear change, a nice line through a corner, etc, so having a censored that makes me wonder whats going to go wrong next does nothing for my enjoyment, and just makes me wanna leave it rusting in the back yard.

our daily driver car is also an auto, so this is a chance for me to get something that can be used daily for getting to and from work on nicer days rather than my scooter, but also something i can take some enjoyment and pride in owning, something that even after a commute into work, would leave a smile on my face

Lee540

1,586 posts

175 months

Monday 26th March 2018
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LiquidGnome said:
Lee540 said:
KTM Duke 690
He is looking for a reliable bike.
You get 2 year warranty as standard..

PTF

4,456 posts

255 months

Monday 26th March 2018
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pessimal said:
Mac. said:
Plus, rather than having a stter, I take pride in owning it, I look after it it makes me smile every time I look at it in the garage.
to be honest, this is part of it for me.

i enjoy driving/riding, the whole process of it, a nice gear change, a nice line through a corner, etc, so having a censored that makes me wonder whats going to go wrong next does nothing for my enjoyment, and just makes me wanna leave it rusting in the back yard.

our daily driver car is also an auto, so this is a chance for me to get something that can be used daily for getting to and from work on nicer days rather than my scooter, but also something i can take some enjoyment and pride in owning, something that even after a commute into work, would leave a smile on my face
That's fine, but you need to remember that at the end of the term you've still got a chunk to go before it's actually yours, and during winter (assuming you're not riding it in the rain/snow/ice/salt to keep it nice) you're still making the monthly payments.

I took out a 0% PCP on a fireblade a few years ago and didn't gel with the bike at all, i think partly because it was costing me money each month and after a few years of that i still had to pay a chunk to make it mine.

Depends on how you frame it in your mind though, each to their own, etc.

Personally i'd be looking at taking out a £7.5k loan. Some good rates (3.9% etc) if you're taking out that amount. Then go shopping with your bike as deposit (or sell it privately) plus the loan money. Pay it off over 5 yrs and at the end it's yours to keep. You're also free (or rather, it's easier) to sell it whenever you like as you're not securing the finance on the bike itself.

lindrup119

1,235 posts

174 months

Monday 26th March 2018
quotequote all
Lee540 said:
LiquidGnome said:
Lee540 said:
KTM Duke 690
He is looking for a reliable bike.
You get 2 year warranty as standard..
It's nice to have a warranty. It's even nicer not to have to keep taking your bike back to the dealers for annoying warranty work.

I'm in no way slamming all KTMs as unreliable and will certainly have another one of their bikes one day. But my (Indian-made I think) RC390 suffered all sorts of niggles that hampered the ownership experience.