insurance and interest rate 4 class 2 bike.

• Sc0rpi0

  7 Apr 05, 15:35

  Hi Folks! Thinking of getting a class 2 racing bike. Just wonder hows the current insurance and loan interest like 4 750cc and 1000cc racing bike. Nowsaday see alot of youngster riding big bikes, is the monthly instalment quite cheap nowsaday?
  
  Hope can get some advise in these area. Thanks!
• kopiosatu

  7 Apr 05, 15:38

  class 2 insurance for young guys, $3K
  
  interest, see what shop you bought it from.
• Sc0rpi0

  7 Apr 05, 16:39

  Originally posted by kopiosatu:

  class 2 insurance for young guys, $3K
  
  interest, see what shop you bought it from.

  wah!!!! tat ex!
  btw is 27 consider as young guys still? do they consider your driving record too? 3k is even more ex than buying a car ins.
  Anybody know bike shop tat offers low interest rate.
• kopiosatu

  7 Apr 05, 16:42

  Originally posted by Sc0rpi0:

  wah!!!! tat ex!
  btw is 27 consider as young guys still? do they consider your driving record too? 3k is even more ex than buying a car ins.
  Anybody know bike shop tat offers low interest rate.

  27? ok la, the price really drops from 31 onwards.
  at most you'll get discount from NCD.
  
  they will consider ur job too. if you're a despatch rider, your insurance will cost more.
  
  bike shop, low interest, i dunno man. have to wait for the rest to reply.
• ronald814

  9 Apr 05, 11:48

  Don't bother getting the 750 as the insurance costs is the same as 1000 but abv 1000, another ballgame. 2nd party insurance for a 27 yr old chap is also $1400 but comprehensive 1st party is crazy at abt $2000+ so it is your choice. Interest rates ranges from 3.75% to 4.5% for brand new bikes, if U buy 2nd hand bikes or bikes abv a few yrs will be around 5 to 6%. Max loan tenure is 5 yrs only harley davidson got until 7 yrs.
• Sc0rpi0

  9 Apr 05, 16:14

  thanks for the info guys.....i appreciated it very much..
  still duno which bike shd i get......i had a few in mind....
  Yamaha R6, R1, Honda CBR 900+ or susuki? which one will ur choose?
  
• kopiosatu

  9 Apr 05, 16:20

  Hayabusa
• Sc0rpi0

  9 Apr 05, 19:35

  Originally posted by kopiosatu:

  Hayabusa

  good choice! r u riding tat now.....
  
  me personally prefer sporty racing bike tat suit my size...haya is too big for me.
  
  
• Goondu74

  9 Apr 05, 19:51

  handling wise i think the CBR 1000RR better. but i like the Suzuki 1000? the yellow with black trimmings one. Me no $$$ to get class 2 bikes, still riding my 400cc kawa.
• Sc0rpi0

  9 Apr 05, 20:00

  whats the downpayment like for class 2 racing bike now like? 2k?
  
  riding a class 2 bike has always been my dream....finally now can get 1 liao.
  but had to do some homework b4 buying. dun wish to get a problematic bike...