Question

 

Answer

 

Question

Will we need a deposit to buy a bike on finance ?

Answer

No, if your credit rating is good the finance company may not require this

Question

Are we able to sell our bike to you while it is still on finance?

Answer

Yes you can do this. If you are just selling us your bike then you or we can get a settlement figure from the finance company and if our agreed purchase amount is lower than what you owe then we will pay what is owing to the finance company and give you the balance.

If you owe more to the finance company than the price we have agreed to pay you then you will have to give us that extra amount and we will settle with the finance company

Question

Are we able to trade our bike in to you while it is still on finance?

Answer

Yes you can do this. We can get a settlement figure from the finance company and if our agreed purchase amount is lower than what you owe then the balance will be available to pay towards your new bike.

If you owe more to the finance company than the price we have agreed to pay you in part exchange then you will have to give us that extra amount and we will settle with the finance company. You are then able to go ahead and arrange fresh finance for your new bike with a further deposit