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A motorcycle is a practical purchase for many Singaporeans. Considering how small our country is and how traffic is often congested, a motorcycle can be a more efficient way to get around. Also, with new car prices going upwards of $100,000, getting a motorcycle is a more affordable option.
Use this guide to find some tips and tricks to help you make your motorbike purchase, along with financing options if you don’t have the full amount at your disposal.
Buying any sort of vehicle can be a big financial commitment for most people and this includes buying a motorcycle. Having a motorcycle can be a wonderful experience for those with the confidence, good reflexes and experience to ride one but when it comes to buying your own motorcycle, there are a few things that you need to take into consideration.
It is important not to get carried away and rush into any decisions when you are buying a motorcycle, as this could otherwise end up being a costly or even a dangerous mistake. You have to respect that these are powerful machines and therefore safety should be paramount. This, coupled with the variety of other considerations that have you need to think about, means that you should do your research before you purchase a motorcycle.
You need to remember that buying any sort of vehicle, including a motorcycle, is a big step and there are a number of things that need to be considered before you take the plunge. Some of the things that you need to think about before you purchase a motorcycle include:
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Putting in some time and effort into doing your research before you make your decision means that you can enjoy greater peace of mind when you are buying your motorcycle as well as cutting the risk of problems and issues that could arise from buying a defective or unsuitable motorcycle. Remember to compare your loan options if you’re considering finance to ensure you get the best deal for you based on your needs.
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If you’re looking to finance a new or used car, the DBS car loan might be your ideal option. Read through our comprehensive guide and see if you’re eligible.
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Need a new loan for your next Grab car? Find out what is on offer here.
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