Crazy Price Norton Commando PCP Deal

Are folk getting into this because it`s cheap, or because they really want a Norton?
Doesn`t matter how cheap it is, if the bike turns out to be not your liking then even fifty quid a month is a waste of money...
Not if you rent it to your mate for £120 per month :D
 
Fully understand waiting for better weather but would you really make a £12k final payment on a 2 year old Norton :oops:
 
Suppose he could be hedging his bets, should he decide to keep it there may be value in the later plate.
Although the main body of thought feels keeping it won't be financially viable, the motor trade is a strange place, so could these Nortons be desirable when two years old, especially if production stops in favour of a new model line up rumoured ? Don't think so but you never know, stranger things have happened, just an alternative view.
 
I’m fine with the finance deal but I would like to leave registration to get a 25 plate. I’ll call Southdowns.
They offered to move mine today to March delivery plus monthly payment reduced to £53 as the GFV has risen to £12342 today apparently!
 
I was offered the same deal today and salesman told me that as bikes are selling fast they have minimal accessible stock, all new orders are now factory builds taking around 6 weeks, so arrving at dealers in March.
 
No, you are buying it on HP. With HP you can, I believe, hand the bike back once 50% of the total contract amount has been paid, so in this case about £6750.
This is my understanding that you have to pay 50% c£6750 if you want to end the finance earlier. So it’s not a case of saying to the finance co. “I’ll pay the rest of the £50 monthly payments due and walk away” if you want end the finance early??
 
Fully understand waiting for better weather but would you really make a £12k final payment on a 2 year old Norton :oops:
It depends what it’s worth. At least, I wonder if there’s an option to hand it back and then buy it at market rate. I presume if it’s handed back, it has to be sold on?
 
This is my understanding that you have to pay 50% c£6750 if you want to end the finance earlier. So it’s not a case of saying to the finance co. “I’ll pay the rest of the £50 monthly payments due and walk away” if you want end the finance early??
I don’t think so. But if for some reason you wanted out of the deal, it seems cheaper just to wait it out till the term is up.
 
It depends what it’s worth. At least, I wonder if there’s an option to hand it back and then buy it at market rate. I presume if it’s handed back, it has to be sold on?
Bear in mind the bike goes back to the finance company not the dealer unless you part exchange it.
The finance company will have it's own disposal route, usually auctions. Generally speaking they won't allow you to buy it direct at a lower rate than the final settlememt figure as they probably feel auction is the best route to maximise their return.
 
Bear in mind the bike goes back to the finance company not the dealer unless you part exchange it.
The finance company will have it's own disposal route, usually auctions. Generally speaking they won't allow you to buy it direct at a lower rate than the final settlememt figure as they probably feel auction is the best route to maximise their return.
Yes that’s correct, spoke to someone at the finance company today and they said that they contact you 6 months ,3 months and then 1 month from the end of agreement to ask you which option you are taking. If you opt to return it then you have return to their designated place or they may be able to arrange for collection at a “reasonable cost to you”.

So fast forward this thread to 2027 and the posts will read “ the bastards only want the bike to be returned to India at a cost of £13k” 😂
 
Yes that’s correct, spoke to someone at the finance company today and they said that they contact you 6 months ,3 months and then 1 month from the end of agreement to ask you which option you are taking. If you opt to return it then you have return to their designated place or they may be able to arrange for collection at a “reasonable cost to you”.

So fast forward this thread to 2027 and the posts will read “ the bastards only want the bike to be returned to India at a cost of £13k” 😂
Or you ride it to India and fly back on easyjet.
 
Bear in mind the bike goes back to the finance company not the dealer unless you part exchange it.
The finance company will have it's own disposal route, usually auctions. Generally speaking they won't allow you to buy it direct at a lower rate than the final settlememt figure as they probably feel auction is the best route to maximise their return.
Didn’t know that, thanks.
 
I’m told the finance company offered £3000 to go towards any new bike if the dealer contributed £500.
It was never meant to be the deal that came out but dealers juggled the figures and managed to do this PCP deal. Once a couple of dealers did it they all had to do it but it was meant to be hush hush . The dealer I bought from todays sold five today already .
 


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