Bike Finance - Is there a Viable Market in Here??

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Joined
May 18, 2020
Messages
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Location
Bethlehem
Bike
Yamaha XT 600 Z
Morning Guys

I'm a used car dealer in Bethlehem, have been since 1997, and we also run an additional service that does "outside" Financing on selected Vehicles.

"Outside" meaning private Deals, between Individuals/Entities, you basically buy your Buurman's Car through us if you need to Finance it.

Everything 100% above board, I'm a  Bank Approved Dealer.

In short.......is there a market for this in here??

I have done a couple bikes/boats here and there through the years, the Banks have helped me with giving me a Leisure Dealer Code.......quite a lot of references available, once again, this is a completely above board service that we offer.

Thoughts on this??

Lastly, what is in it for me??

We charge a R 5000 Fee per Transaction. NO other hidden Costs, or Life Insurance etc etc etc shoved down your throat, nothing. Interest rates are as competitive as the Finance Application's risk factor is.

Basically:

1) You advertise a 2014 GSA up for sale here at say R 120 000
2) A Buyer wants to buy it with the Finance option.
3) We call the Buyer, he gets approved, signs the OTP and Contract online
4) We pay you your Price - either deducting the R 5000, or adding it on the Price on the Agreement, or you both split it, whatever.
5) We do all Registrations, Insurance, etc etc etc from there.

???
 
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