Financing with a bike learner's licence

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martin

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Yesterday I found a bike going for a bargain and immediately applied for finance. The finance was approved today with the provision that I have to get a learner's licence within this month. I braved the licensing department queues this morning and after paying I received my date and saw that my test was scheduled for two months from now. This is apparently their earliest date available. I'm on good terms with the dealership selling the bike but even so, there's no way they're going to keep the bike for me for the next two months.

I have two questions:
1. Is there any way one can request an earlier test date?
2. Is is possible to make some sort of arrangement with the bank based on the fact that I have a test date booked?

I know I'm really grasping at straws here (and I should have made an appointment months ago) but I wasn't even considering buying a bike until I came across this deal.
 
OK, ask yourself this. You have your bike, you have your learners. How are you going to insure it/ No way in hell you will get insurance with a learners only.
 
Drifter said:
OK, ask yourself this. You have your bike, you have your learners. How are you going to insure it/ No way in hell you will get insurance with a learners only.
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You can most definitely insure a bike with only your learners.
 
Drifter said:
OK, ask yourself this. You have your bike, you have your learners. How are you going to insure it/ No way in hell you will get insurance with a learners only.
Click to expand...

You can get finance and insurance on a Bike learners license.

@OP. I think the bank won't budge tbh. Get the license and wait for another good deal. You should actually have your learners before applying afaik.
 
@Martin The waiting list at Kempton Park is just under a month.

You can finance with a learners, you can insure with a learners.

Been there, done that (all recently).

Perhaps arrange a deposit with the seller?
 
How much do you pay for motorbike insurance? I have never had insurance, i'm just curious.
 
martin said:
I have two questions:
1. Is there any way one can request an earlier test date?
2. Is is possible to make some sort of arrangement with the bank based on the fact that I have a test date booked?
Click to expand...

1. Where are you? Go to a small town, and book there - waiting times for learners around here are less than a week typically.

2. Once the bank has given the finance, they'll not withdraw it unless something happens to remind them. Keep your head down and they'll never know.
 
XennoX said:
R538 for my 2014 KTM 390 Duke.
Click to expand...

That's way higher than I thought... I've been eyeing a Duke 390 for a good long while now (commuting purposes), and I've just paid my last instalment on my GSX-R1000. I pay like ~R360 and I've a a fairly lengthy claims history as well, and the Gixxer is worth more than the Duke.
 
Thanks for all the replies. You can definitely finance and insure on a learners. I did it a few years back but sold the bike a few months before my learners expired.

I'll look into booking a date at another testing station with a shorter waiting period.
 
Turns out eNatis will only allow you to book another date once you've cancelled you're existing booking. Will attempt to do so on Monday.
 
Presumably you have never had a bike before?

My advice would be get your learners then go on a beginner training course. (Normally 5 hours in a single day).

Then go book your license and do a K53 training course so that you pass first time.

Only then go shopping for bikes. This time with the ability to actually test ride them and make an informed decision.

DO NOT under any circumstances buy a motorcycle on face value. Especially if you've never owned one before. No, sitting on it in the shop, even if someone holds it for you, is not enough.
 
SauRoNZA said:
Presumably you have never had a bike before?

My advice would be get your learners then go on a beginner training course. (Normally 5 hours in a single day).

Then go book your license and do a K53 training course so that you pass first time.

Only then go shopping for bikes. This time with the ability to actually test ride them and make an informed decision.

DO NOT under any circumstances buy a motorcycle on face value. Especially if you've never owned one before. No, sitting on it in the shop, even if someone holds it for you, is not enough.
Click to expand...

Good advice. Let's just say I've been a 'free-range' biker for years now and leave it at that. ;)
 
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