View Poll Results: Would you take a 5k bank loan to get a bicycle?

Voters
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  • YES

    3 5.08%
  • No

    25 42.37%
  • wah kauz....u tok kok izzit?

    31 52.54%
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Thread: Poll CS000097

  1. #1

    Default Poll CS000097

    Based on a true life incident (at least that's what a friend of mine told me).

    Now..its your say

  2. #2

    Default

    In the middle of this economic crisis? That's maddness.

  3. #3

    Default

    you must b kidding take loan 2 buy bicycle?? 1st time i heard of it, somemore 5K??
    The bicycle must be a motor driven is it?? if not OMG!!!!!!!

  4. #4
    Senior Member
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    Default

    well, to each his own. i know many who take credit loans to buy digicams and DSLRs and lenses, so why not bicycles if you're really crazy about them? also know people who buy diamonds on loan/credit also, not necessarily for themselves.

    i personally wouldn't, but then i'm not crazy (about cycling).

  5. #5
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    Default

    if you are very sure that you will have a constant and stable income to pay back the loan and also you want the bicycle not because of BUY BUY BUY syndrome

    why not?

  6. #6

    Default

    The banks must be really happy.

    The debt syndrome is so entrenched that most in the developed world are living on projected earnings and instant gratification.

    In business, loans can be leveraged for future earnings. For regular consumers, loans reduce us to perpetual financial slavery.

    So.....who drives and hasn't paid off the loans yet?

  7. #7
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    Default

    Originally posted by limhousen
    The banks must be really happy.

    The debt syndrome is so entrenched that most in the developed world are living on projected earnings and instant gratification.

    In business, loans can be leveraged for future earnings. For regular consumers, loans reduce us to perpetual financial slavery.

    So.....who drives and hasn't paid off the loans yet?
    i dun but i knw of quite a few...

    pretty sad to hear of really....bt they seem so carefree....so free i cant explain...

  8. #8
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    Default

    btw to the poll: nope.

    altho i would love to given the subject matter is another item of my interest or likes...

  9. #9

    Default Re: Poll CS000097

    Originally posted by BraveHart
    Based on a true life incident (at least that's what a friend of mine told me).

    Now..its your say
    depends on what that person gonna use the bike for.

  10. #10

    Default Re: Re: Poll CS000097

    Originally posted by Newbiez
    depends on what that person gonna use the bike for.
    How about "He can only cycle on a 5k bicycle? "

    Jeeezz, I can't imagine how a 5k bicycle looks like, not into all these bicycle thingy. But getting a loan for a bike sounds a little.....

  11. #11
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    Default


  12. #12
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    Default

    Used to be a biking enthusiat once. 5K for a pro spec mountain bike is actually not that exp man

    Frame (Titanium) Ard S$3,000
    Drive Train (Shimano XTR) Ard S$2,000
    Front suspension fork Ard S$600
    Seat (Titanium) Ard S$300
    Headset Ard S$200
    Handlebar Ard S$300
    Tires and wheels................

    So u see, its alot of investment.

  13. #13

    Default

    kongg...yeah...I agree hobbies can be pretty expensive...but to take out a loan just for it.....its abit crazy...unless one makes money out of it? Most people I know save up till enough before purchasing....interest free some more

  14. #14
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    All hobbies are expensive lah.

    When you tell people i have spent 5k on my camera (i didnt!), they will say you siao.

    When people tell you they spent 5k on audio, you say they siao.

    When you borrow 5k just to satisfy a hobby? I really don't know what to say...


  15. #15

    Default

    But people think nothing of taking out a $200K loan to buy a car that depreciates $2K a month...

  16. #16

    Default

    BraveHart, I guess it also depends on your friend's status. If he's finanically strong, with a high pay job etc, that's not too bad.

    However, I'm still thinking loan 5k just for a bike is a bit...er.... espcially when the market is pretty er...


  17. #17
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    Some pple buy a car for 200k or more to show off. Some pple buy a car at ard 80k for their work.

  18. #18
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    Default

    Originally posted by Wryer
    All hobbies are expensive lah.
    OT: i beg to differ.. not ALL hobbies are expensive.

  19. #19
    Allen
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    Default

    Originally posted by ashrobo
    OT: i beg to differ.. not ALL hobbies are expensive.
    Collecting seashells along beachline. So long as you dont get caught.

  20. #20

    Default

    Originally posted by ashrobo
    OT: i beg to differ.. not ALL hobbies are expensive.
    Well reading is not.

    There are lots of books in the library for free.

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