Buzz
1. How much does Yamaha Exciter 155 VVA 2021 cost?
The price of Yamaha Exciter 155 starts from 46,990,000 VND for the standard version and 50,490,000 VND for the limited edition. However, prices may vary depending on the color and model you choose.
Currently, after over half a year since its launch, the selling price of Exciter 155 VVA has been brought back to the manufacturer's suggested retail price. Therefore, enthusiasts of this bike can now own their dream ride at a good price.
However, with the retail price, plus taxes and fees, the on-road price of Exciter 155 VVA 2021 will be around 60 million VND. For many, this amount is significant, leading them to consider purchasing the Exciter 155 VVA on installments. But is it worth it?
2. Should you buy Yamaha Exciter 155 VVA 2021 on installments?
To answer this question, let's explore the pros and cons of purchasing Exciter 155 VVA on installments.
– Pros of buying Exciter 155 VVA 2021 on installments
Of course, the biggest advantage is that you don't have to pay a large sum upfront to buy the bike, which eases the financial burden, especially for students or individuals with average or low incomes.
Moreover, purchasing the bike on installments with offers from banks or dealerships is a smart financial plan, allowing users to have some spare cash to invest within a short period of 6 to 12 months.
– Cons of buying Yamaha Exciter 155 VVA 2021 on installments
Most places that offer installment purchases come with an installment fee, ranging from a few million to tens of millions depending on your down payment and the installment period. This means you'll end up paying more to buy Exciter 155 VVA on installments.
Additionally, for those unexpectedly losing their jobs or facing unstable income, they may struggle to make installment payments for the bike. Financially, this debt can turn into bad debt, adding burden to the buyer.
Finally, installment purchase programs usually don't qualify for promotions or discounts like buying the bike outright, so this is also a disadvantage for those buying Yamaha Exciter on installments.
2. Buying Yamaha Exciter 155 VVA 2021 on installments: Procedure, required documents?
2.1 What documents are needed to buy Yamaha Exciter 155 VVA 2021 on installments?
To purchase this bike on installments, you need to prepare the following documents:
- ID card or citizen identification card or household registration book (photocopy) or other documents proving identity.
- Driver's license
- Documents proving your financial ability such as labor contract, pay slip, bank account or savings book.
- In addition, you need to submit a loan application to the lending institution.
Currently, there are many dealerships that allow you to purchase a bike on installments with 0% interest using a credit card. If you opt for this method, you don't need to prepare the aforementioned procedural documents. All your procedures will be completed online.
2.2 How much down payment is required to buy Yamaha Exciter 155 VVA 2021?
Depending on the dealership, customers will be required to make a predetermined down payment. Typically, the down payment will range from 20% to 70% of the total bike value. Some dealerships may not require any down payment. However, the advice for customers is not to opt for installment purchases with no down payment as the interest rate after completing the installment will be very high. Instead, customers should prepare an amount equivalent to at least 20% of the bike value or more depending on your financial capability.
2.3 Procedure for buying Yamaha Exciter 155 VVA 2021 on installments
The procedures and requirements of each dealership offering installment purchases will vary. However, they generally include the following steps:
Step 1: Choose the Yamaha Exciter 155 VVA 2021 model you want to buy
Step 2: Negotiate and determine the down payment amount. If you can prove assets and borrowing capacity, you may pay 20-30% of the bike's value upfront. Otherwise, the down payment will range from 40-70%.
Step 3: Select a bank for installment financing. Then, you'll work directly with a bank representative to complete the procedures.
Step 4: Sign the contract and complete all procedures with the bank.
Step 5: Receive the bike at home.
