£500 deposit,36 X £90 on a pcp. It would lose more than that in depreciation if it was paid for cash. This was an exceptional deal as a one off as I have put a lot of people the dealers way so he helped me out. For a brand new unregistered near £12k bike it was the best deal I could find.
Final payment is around £6500 so whatever I get over that goes towards the next bike. I think the bike would have depreciated as much over the three years even if it had been paid for outright. If kept the full three years it would have cost £3650 Even if I got nothing back it seems a cheap rental for the monthly cost.
Yep - playing devils advocate (as I don't really know anything about pcp) youre not allowed to modify it unless you return it to stock before its given back? and, they don't like high mileage do they? so if it did high mileage do they do a "we buy any car" type trick and then try to mark it down on scratches and stuff?
If u say you will do 3k miles a year and do 6k they charge u a £x per mile figure which is a rip off, so u HAVE to be realistic. I tend to buy them saying I am doing 6k a year even though I do about 4K a year and then the bike should be worth more than the balloon. Otherwise the monthly payments come right down but the balloon still stays hi
Probably handle similar to the Lotus Elan + 2 I bought with a totally lunched engine and fitted with a Daimler Dart SP 250 V8 lump? Lightening quick but handled like the QE2
Went down to Rye, Sussex, to collect a 1972 Norton Commando 750 Fastback for a friend. it's nice but not concours, engine doesn't rattle, smoke, or leak, thus ideal. a28 classic motorbikes
Spotted while on tour in Northern Spain and Portugal. In a Hotel San Marcos in Santillana del Mar: In the transport museum in Porto: I didn't get a snap of the rear. Shame as it would have shown a contraption for laying tarmac.
Here's my workhorse on the Kielder Forest Drive the other weekend. Not pretty.......but gets the job done!
I see yours has the trapezoidal headlamp, I always thought that they looked a lot nicer than the fugly square ones installed to the US and UK models (at least initially), seem to remember the Dr John Daytona got the trapezoidal headlamp, which was later. I'm refurbing Sig Magni's take on an 1100 Sport, getting there but still a ways to go Here is a picture of it before strip, its actually prettier in the flesh that picture is not from the best of angles (but not a lot)
