Personally, I'm not usually a great fan of "finance options". They are often the quickest way of getting into major debt, and many major retailers and car yards actually make as much or more money selling finance than they do on the product itself. Which is why they are so keen for you to take it out.
However, running a scooter compared to a car and/or public transport will often save you sooooo much money, that we believe that it's definitely worth considering finance options if you don't have the money already available. Most scooters literally pay for themselves. We've got customers who are saving over $100 a week in fuel and parking costs and that buys a lot of scooter. So even putting some of those savings into finance charges means that you are still coming out financially ahead. Seriously, it's a no brainer.
There are a number of options available, and the correct one is dependent on the amount you need to borrow and the time it will take to pay it back.
If you are considering buying one of our less expensive scooters, and can pay it off in a few months, it may be worth looking at a credit card option. Some of the lenders offer very low or even zero % interest for a limited period, say 6 months, for purchases over a certain amount, or for credit card transfers. That may mean you have to pay for the scooter on one credit card, and then transfer the amount over onto another to get the interest free period. They offer these deals to entice you to become a customer. So why not take advantage? If you want to compare and contrast, check out interest free credit cards.
We also work very closely with two finance brokers who we recommend depending on the size of loan you need. Brokers are able to access a variety of financial packages and find the one that most closely fits your circumstances and needs.
For lower amounts (up to $7,000) we'd suggest that you chat with Naomi at United Financial Services. We've known Naomi for a number of years, and know that she provides good, honest advice. If you are thinking of taking out finance, give her a call on 0425 762 664 or 6252 7600 and she'll be only too happy to help.
For higher amounts, we are delighted to work with Finance 48 who specialise in providing finance for motorcycle and scooter purchases, and aim to get your loan approved and arranged within 48 hours. Check out www.finance48.com.au for more details and to give you an idea of the repayments that you might expect to make. To give you an idea of repayments, a loan of $3,000 could be repaid over 3 years for as little as $34 a week, or a loan of $8,000 for as little as $50 a week over 5 years! For a lot of people they can pay that out of the money they save on petrol
To give you an idea of repayments, a loan of $3,000 could be repaid over 3 years for as little as $34 a week, or a loan of $8,000 for as little as $50 a week over 5 years! For a lot of people they can pay that out of the money they save on petrol