Buying a Motorcycle

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musha

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So I want to buy a motorcycle but no idea where to start.

Looking for a 2nd hand BMW F650GS 2000 - 2002 model. Alot of nice bikes on Gumtree and most are private sales.

What is the best route to start this process?
Do I apply for a personal loan from FNB (currently using FNB) or do I go to via Wesbank and apply for Private Finance?

I was on Wesbank's website and they don't give financing for vehicles older than 8 years.

Don't want to pay more than R1200 pm if that is at all possible?
These bikes go for anything between R35k - R42k
 
I bought my bike recently for R40k and paying R1600 pm over 2 years (With 10k deposit). If you take a longer term you should get it to under R1200 pm but you're going to be paying a lot more interest obviously.

I've seen a couple of 650GSs 2004-2006 models for around R35k, maybe shop around some more.

Also, vehicle finance for such low amounts attract massive interest rates, so a personal loan should not work out much more expensive, and it's much easier to get.
 
Frikkenator said:
BTW, why exactly the 650GS? What type of riding do you want to do?

Also have you had a bike before?
Click to expand...

Well, want to do some long distance on weekends and then some semi off-roading.
Will also be used to get to work on a daily basis 10km +-

Had one bike about 7 years ago when I was 16... 150cc Yamaha scrambler. Nice toy :)
 
musha said:
Well, want to do some long distance on weekends and then some semi off-roading.
Will also be used to get to work on a daily basis 10km +-

Had one bike about 7 years ago when I was 16... 150cc Yamaha scrambler. Nice toy :)
Click to expand...

Oh yes, you can't go wrong with any GS for off-roading :D

It is an awesome bike for sure. If I were you I'd shop around a bit, go to different dealers and see what they've got, most dealers have different makes on the floor, usually trade-ins. Once you find one you want within your price range financing is quick and easy. On my last bike the financing took 2 hours to approve.

You can also check out the Think Bike forums, those guys are very helpful and there is a ton of info: http://forum.thinkbike.co.za/
 
Be very careful when going for a BMW motorcycle. It is extremely expensive to maintain and reliability is very poor compared to any other non-chinese bike manufacturers.

Its not an ideal bike if you have to take out a loan to get it. Suggest shopping around more.

EDIT: Forgot to say something useful :erm: Perhaps look at a used KLR650? When maintained properly those things are very cheap and easy to keep going.
 
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