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 How you beli your motor?

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CyberSetan
post Oct 25 2021, 07:34 PM

-KNowLEdGe BRiNGs FEaR-
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2,527 posts

Joined: Feb 2007
From: Im a Medical Officer in /K. I'm here to lepak.



QUOTE(Seager @ Oct 25 2021, 02:33 PM)
Cash? Loan? Credit card?

I noticed motorbike loan mostly from AEON and is sibeh taik punya interest. Has anyone bought using credit card before?

Ayam looking at less than 20k bike, so maybe 5k down payment and the rest credit card and settle within a year. Got any easy payment plan? Can ah?
*
I buy my RM32k++ Kawasaki Vulcan S in 2015 via Bank Rakyat's Personal Loan (3 years, monthyl RM1050+).

Got the loan money lump sum - immediately buy the motorcycle, within 2 days motorcycle out already complete with 'geran motor', 1st party insurance etc.

Good thing:

- Can immediately sell the bike if needed since ownership 100% is mine already.
- Can buy 3rd party insurance instead of 1st party (Bank wants 1st party only).
- Can settle loan faster.

Bad thing:

- Personal loan have higher interest rate.


This post has been edited by CyberSetan: Oct 25 2021, 07:35 PM

 

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