Bike Finance

DavidH89

Hi All,

Does anyone know if there is any high end bike shops offering finance deals or interest free credit? There are a number of the big players offering it in the UK which is a great idea. Would be great to have it here.

Cee-Jay-Cee

It was asked a few times previously and I think that General consensus was that it's not available here and that a credit Union or bank loan is probably the way to do it if you want to stretch out payments. It's a pity no companies/shops do it as I think it would be very popular/sucessful.

sann

Thought Chain driven cycles were offering some thing like this!

DavidH89

Where is Chain Driven

Stevieg2009

DavidH89 wrote: »

Where is Chain Driven

Sligo

godtabh

In Ireland all you will get is either a savings scheme (save with the bike shop pre purchase - very risky IMHO) or the credit union

Inquitus

godtabh wrote: »

In Ireland all you will get is either a savings scheme (save with the bike shop pre purchase - very risky IMHO) or the credit union

And just as well too, imagine the impact cheap credit and irresponsible banks could have on the bike market, imagine being stuck with a bike unable to trade up due to being in negative equity, imagine having your bike repossessed or having to sell it at a loss and downsize to a hybrid.....

ACANDROID

Inquitus wrote: »

And just as well too, imagine the impact cheap credit and irresponsible banks could have on the bike market, imagine being stuck with a bike unable to trade up due to being in negative equity, imagine having your bike repossessed or having to sell it at a loss and downsize to a hybrid.....

I don't come around the cycling forum often but after that post, I defo will be more often

wav1

Inquitus wrote: »

And just as well too, imagine the impact cheap credit and irresponsible banks could have on the bike market, imagine being stuck with a bike unable to trade up due to being in negative equity, imagine having your bike repossessed or having to sell it at a loss and downsize to a hybrid.....

NAMAVELO

godtabh

Inquitus wrote: »

And just as well too, imagine the impact cheap credit and irresponsible banks could have on the bike market, imagine being stuck with a bike unable to trade up due to being in negative equity, imagine having your bike repossessed or having to sell it at a loss and downsize to a hybrid.....

Don't you know we've been transported back to 2006?

DavidH89

Seems a pity to me that nobody offers this option to people here. I know its very popular in the UK, especially for people upgrading to high end bikes. I know a few guys that have bought bikes costing €5,000 this way.