Right.

My lovely girlfriend is buying herself a new (dependable) bike, as her old (Italian) bike is dying a rapid and noisesome death. Now there are two options, as far as I can see. She can either get finance from the dealership, or get a loan from the bank. We've been leaning towards the bank option, as it would mean she can buy it outright and it will be hers, which will be well useful if she decides to sell it in a year. Now the bike she wants (Z750) looks like it's going to cost about 3500-4000 quid. She has just opened up a Graduate Account at Lloyds, as we've both just graduated. I think we can get financing off the Kwak dealership for about 13%, or the bank is offering a 5000 loan for about 9-10%, and then she will "pass on" the extra 1000 debt to me, as I am after a bike too (unrelated story..).

Is there any advantages inherent in getting financing over a bank loan? Because we can't see any!

-eli (on behalf of Joleen)