Hi,

i wondered if any bank offered a low interest loan for buying motorcycles such as Harleys ?
Maybank's rate is non negotiable almost 10% interests (variable) over 7 years, which is kinda expensive.

Thanks ! Do you think they'd accept a 2020 car as collateral ? What kind of rate do you think one could get with collaterals, such as a house, investments, ... ? I always wondered.
Does using a collateral involves changing the owner of the item, or just signing an agreement ?

Multiple reasons, the money paid cash for the motorcycle would do way better if invested (4%++ vs typical 2.5% loan interests), and also i can take a loan for a toy like this, but not for other kinds of payments (months rent advance payment, private hospital treatments, ...). It just seems like the smart thing to do, to take a loan if it's possible.

AEON offers the same rate, 5% fixed aka 10% variable, it's high risk for the bank && high cost for the consumer. Perhaps i'll just take a 1 year loan and be done with it, instead of paying it over 7 years as i'd do with low interests.

Insurance seems to be around 3k for a 80k bike, not sure though.

Seems a little better, sitting at 4% minimum i believe.

Thansk ! I'll just reduce the tenure, seems like the best choice i can get will still be ~75% more expensive than a car loan.

The bank still makes any profit at 1% ?