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Purchasing your dream bike should never be an impulsive act but a carefully thought out decision. It can have a lasting impact o your life. So, you need to take stock of your financial capacity, do market research on your desired model or find the one that best meets your needs, and research lenders if needed, among other things.
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To Help Those Who Want To Buy A Two-wheeler, We Have Listed Things One Should Consider Before Getting Their Own Two-wheeler.
• Do Market Research: Read Reviews Or Meet People Who Ride The Model You Plan To Buy. Do Thorough Market Research About The Design Specifications, Safety Features, Maintenance Cost, Etc.
• Set A Budget: Calculate Income And Savings And Other Financial Obligations And Then Analyse If You Can Buy Your Preferred Model In One Go Or Need A Two-wheeler Loan.
• Select The Bike Of Choice: Check The Weight, Storage Capacity, Engine Power, Mileage, Etc. Go For Bikes That Have Better Resale Value, Have More Service Centres And Whose Spare Parts Are Easier To Find.
• Go for Test Ride: Ride On Both A Highway And Uneven Roads To Check The Machine And Your Control Over It. Especially When Buying A Pre-owned One, Check Wiring, Paint, Clutch, And Gears Thoroughly.
• Research On Lenders: You Should Compare The Terms And Conditions Like Interest Rates, Loan Processing Fee, Penalty On Prepayment, Etc. Of Different Lenders.
•Get Your Documents Ready: To Buy A New Two-wheeler, You Need To Submit Identity Proof And Residence Proof Along With Passport Size Photos. You Will Have To Additionally Submit Income Proof If The Bike Is Purchased Through A Loan.
• Apply for Loan: If You Are An Indian Citizen Above 18 Years Old, You Can Easily Get The Loan If You Have A Steady Source Of Income And A Decent Credit Score.
Having Considered The Above Aspects, You Will Be Surer Of Which Bike To Buy. We At Hero Fincorp With Our Vast Experience In Financing Two-wheelers Bring To You Two wheeler Loans At Exceptionally Attractive Terms.
Thank You !Would Love to Hear From You Hero FinCorp Limited 09, BasantLok, Vasant Vihar, New Delhi - 110057 Tel. 18001024145 Email Id: corporate.care@herofincorp.com Website: https://www.herofincorp.com/ Know more about- Things To Consider Before You Buy A Two Wheeler In India