Motorcycles and particularly Harley Davidson motorcycles are incredibly expensive and purchasing one is a huge step to take. It is a big commitment because not only does a motorcycle require a lot of maintenance, it also requires a large amount of money. Most individuals cannot afford to purchase vehicles of this kind without some sort of assistance from a financial service provider.
Even second hand or used motorcycles are still incredibly expensive and require financing. In order to qualify for a loan from a reputable financial service provider, an individual must have two things:
- A steady, reliable income that will cover both their essential living expenses as well as the loan repayments with interest.
- A good credit record and no history of a failure to pay on time or the full amount for any credit in the past.
If an applicant has these two things, most major, reputable financial service providers like First National Bank, Standard Bank, Nedbank and Wesbank would probably approve their loan to purchase a motorcycle. However, if you do not have a good credit record or you do not quality because of your income or lack thereof, you could apply for a loan from a smaller, less well-known financial service provider.
There are many financial service providers who would be willing to finance loans without doing a credit check. You must, however, ensure that you read the fine print on any agreement carefully before signing it as you do not want to get in over your head with debt with a loan shark agency.
Where can you find advertisements for used Harley Davidsons and second hand bikes?
There are many places to find advertisements for second hand motorcycles and used Harley Davidsons. Classifieds websites like Bid or Buy, Deal Zone, Gumtree, OLX, Kalahari and others often have advertisements for used motorcycles. Dealerships that sell used motorcycles include Bike Find, Second Hand Warehouse, Auto Trader, Vehicle Traders, Motorcyclist, Automart, Auto World and many others.
If you choose to buy your vehicle through a dealership it is essential to make sure that you find a reputable, honest company that has a happy and satisfied customer base and that sells good quality motorcycles. If you choose to buy from a private seller make sure that you inspect the motorcycle thoroughly before purchasing.
What to keep in mind when buying a motorcycle
When buying a motorcycle you must be sure of several things. Firstly, are you aware of the statistics of accidents that occur for individuals on motorcycles? You must be sure that you can be safe on your motorcycle to avoid injury and even death.
Secondly, you must have a drivers licence for your motorcycle. You should not be using a motorcycle on any public roads or in any public area without a licence as you will be a danger to yourself and others.
Thirdly, set a reasonable budget and make sure you stick to it when purchasing your motorcycle. Make sure you have a clear idea of what you want so that you do not end up making a decision that you regret when you buy your bike.
Lastly, make sure that you buy all the necessary gear and safety equipment that individuals who ride motorcycles are advised to wear. This includes a good quality helmet that fits, protective gloves, quality boots that protect the ankle and lower leg as well, a jacket and pants that are durable and will protect you if have a fall and any goggles or biking glasses to protect your eyes from insects and other things that could potentially end up in your eyes when you are riding fast on your motorcycle.