Thinking of putting a deposit on the TLS

[PAPPACLART]

Hi all, thinking of putiing a deposit on a 97 TLS, seen some bargains on the net. Then for the bike to sit in the shop while I pay monthly. Do you think this is a good idea or am I jumping the gun?

You see I want a 97 but its hard to find any low milage ones. I won't have all the cash till around feb 04 so thinking of snapping a good one up now while I can - with a hefty deposit.

Plus I am worried about buying a humdinger I don't know what to look for, a mechanic I know will come along but he don't know anything about TL's

[kevh]

if you have a hefty deposit, then financing should be pretty easy. just dont finance through a dealer.

[PAPPACLART]

I'm not thinking of credit just paying for the bike monthly while its in the shop. You see I have seen 2 low milage 97 models for bargain prices and don't want to loose out. By the time I have saved up (feb04 ) it will be harder to find a good example of a low milage 97 tls, most have over 25k miles on the clock.


I dont do credit its all a con!

[SWEET-TL1000R]

Green is good! Do it brother!!!!

[PAPPACLART]

Cheers mate glad you have yours, little annoying with all the engine swapping an all!

[TLSBill]

Credit it not a con, it's a necessity in this society. manage it well and there's NO problem.

I am assuming the bikes on a dealership floor? See if he'll float you in house.. I wouldn't be big on paying for it and leaving it there, because you never know what will happen to it there. In you're own garage you're safe.

[kevh]

use credit to your advantage. go in with a big down payment and set up a loan with low monthly payments. then pay more than the monthly payment...end result...you pay it off when you had planned to anyway - feb 04

this way you have control over the bike and can keep her safe (and wring the piss outta her while you are at it)

[PAPPACLART]

Originally posted by TLSBill


I am assuming the bikes on a dealership floor? See if he'll float you in house.. I wouldn't be big on paying for it and leaving it there, because you never know what will happen to it there. In you're own garage you're safe. [/B]

''float you in house'' sorry not heard that term?

Good point. I work for a big law firm so if required I was thinking of asking a lawyer friend to draw up some sort of contract garunteeing that I get exactly what I pay for on the day I hand my deposit over.

If this would be a 'safeguard' against buying a bike that could possibly be damaged while not in my possesion then I would do it but I'll have to find out first.

[PAPPACLART]

Anyway I have a bad credit rating. (long story)