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can't seem to find anyone online that's doing 0% deals on sale bikes, anyone seen anywhere that can ease the pain of paying for a 2011 discounted road bike?
All Terrain Cycles do 36 months interest free, can't see any sale bikes though
Try the place in cardiff, can't remember their name but they did say to me when i spoke that if it meant securing the deal they would do 36 months
[url= http://www.primera-sports.com/ ]Primera Sports in Poole/Bournemouth[/url]?
Primera Sports was looking promising till I read the bottom line, 0% not in conjunction with any other offer 🙁
Specialized concept stores will do 0% interest for 24 months on sale bikes - but it does depend on how much the bike is already discounted.
The general feel I got when I spoke to them a few weeks back was that it would not be a problem on a 2011 bikes, only older stuff they are desperately trying to clear. Dependent on a minimum amount borrowed, say £750 minimum?
With 0% finance the shop can be charged up to 17%, based on the Moneyway (Ride it away) finance co. that we use in our shop
The longer the term & greater the value of the loan the higher the charge for the retailer, so very few offer it on sale items.
It may be 0% to you but thats because the bikeshop pays it!So they are unlikely to give 30% discount on the bike plus another 12-13% to pay for the finance.You can't have your discounted cake and eat it in bitesize mouthfuls over 36 months (to mix my metaphors)
17% !!!!. That is a lot.
I often by Art on interest free credit so it doesn't feel like I am really spending money. (e.g 50% down and 50% over just 6 months). The shop told me they were being charged 8% which even I thought was high.