Not asking right questions. The first warning sign that motorcycle buyers should see is that if they do not understand type of motorcycle loan, then they should be sure to ask a lot of questions.

Here are some good questions to ask: •Is interest rate fixed or variable? If fixed how long will it be fixed for?

•Are there circumstances that can make interest rate on motorcycle loan change in future?

•What happens if a payment is 30 days late? Does interest rate increase?

•What happens if a payment is 60 days late? Does interest rate increase?

•How long is term on motorcycle loan?

•If loan is an installment loan, does it use rule of 78 or simple interest? (Simple interest is always better because it does not penalize motorcycle buyer if loan is paid off early.)

•What is down payment requirement to get motorcycle loan?

•Is full coverage insurance required?

•How much is registration and are these fees included in motorcycle loan?

•Are there any administrative fees to get motorcycle loan and if so how much are fees?

Overall, motorcycle buyers can avoid these common mistakes by spending a little extra time focusing on shopping for a motorcycle loan and asking lots of questions.

Copyright (c) 2004, by Jay Fran This article may be freely distributed as author's information and an active live link to www.motorcycle-financing-guide.com - Motorcycle Financing & Bad Credit Motorcycle Loans is published with article.

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“When time came to replace our existing fleet we looked at all our options

and Daewoo from Goscor seemed best option considering price, quality of machine and service. In addition, in Denny’s harsh environment, oil-cooled disc brake feature is of great benefit in terms of downtime reduction.“ says Denny’s Hector Goodwin.“ So far our decision has been vindicated by both performance of machine and of Goscor team,” he says.

Micheal Keats, Goscor Durban Branch Manager, says that he is delighted that two important companies like Digistics and Denny Mushrooms are now in stable.

“These are two companies where lifting equipment is a critical item and I regard it as a feather in our cap that they have chosen our company as their service providers. “

Since its inception in 1984, Goscor has not only provided best practice industrial solutions, it has also created authentic partnerships with its customers, suppliers and principals. This, coupled with its market-leading Crown and Daewoo products, has helped company show exceptional growth every year and become one of leading suppliers in materials handling industry.