| £11250 less 25% deposit = £8437.50 financed.
£8437.50 financed over three years at 6.9% = £260.14 / month.
If you financed over 4 years at 6.9% the payments would be £201.66 a month, and the outstanding amount at the end of three years would be £2292. Sell the bike for £5K after 3 years, pay off the finance, and you're nearly three grand in pocket . . . . |