If you are after an Aprilia RS 125, finance can seem like a superb idea when you are there in the showroom, surrounded by beautiful machines and dreaming of your first blast on a deserted road. The important thing to remember is that finance companies can only exist by making money. They make money by lending you money.
If we search the internet, you will find lots of articles showing the importance of personal finance management. But very few of them will be providing you enough help on how you do it. Most of them are just trying to tell you how their company can make your finance planning very simple for you. Nobody will be able to make your finance plan that easy for you. The maximum a finance company can do for you is to help you with a finance plan.
The next aspects to look into are the various options that are available for you. There are a lot of different car finance options that are out in the market so it is best to really take time in researching. Check and compare various car finance offers. Look into the interest rates, down payment requirements and terms for installment fees. While you are on this, might as well check out their rebates and discounts too.
Yes vendor finance is 100% legal! It has been used in Australia for over 100 years. The Australian Government has even used vendor finance at times to sell properties.
Make a plan. Once you know your goals, budget and priorities, you can make a plan and follow it on daily or weekly basis. It is also important to monitor your plan so that you can be sure that you are going in the right direction to meet your goals. You can use software or a manual planner for this purpose.
But every now and then a property comes along and it does suit the seller to sell using vendor finance. For example maybe they don't need all free online financial money advice the money now because they are going traveling or they have changed jobs and are moving out of the area and will be renting for the next few years so they don't need all their money straight away.
Apart from cash, you get enormous peace of mind knowing you have the ability to meet your commitments - to buy inventory, to build more sales and to make more money - at your fingertips.