Re: Yamaha YZF R3 Owners Reviews and Experiences

The reason people take loan is because they have no money at hand. Taking a loan on an FD is kind of hilarious to me. If you have the money, why not use it instead of giving the bank interest on your own money?

Re: Yamaha YZF R3 Owners Reviews and Experiences

Because for many people prefer spending in installments instead of spending lump sum. Even when someone has 10L FD in bank he/she might be reluctant to spend 5-6L lump sum from it. It may sound ridiculous to some of us, but for many it is not so. It has more to do with their behaviour with finances than absolute logic.

I know few people who have 10-20L in FD but take 7-8L loan for car because they get good deal from bank due to the corporate jobs and that deal was well above 12%. I recently helped couple of friends with this suggestion since I knew about their FDs and they were not aware of such option. If you plan well, you pay significantly lesser interest with overdraft/loan-against-FD and have flexibility of paying back over 12-36 months.

Re: Yamaha YZF R3 Owners Reviews and Experiences

5000km as per Yamaha. Maybe under sedate riding it may last. I may change if I feel roughness or vibes after 3k.

Re: Yamaha YZF R3 Owners Reviews and Experiences

Yes Monarch Yamaha - Tilak road.
Thanks for the load against FD point. Sadly, I have no FDs

Re: Yamaha YZF R3 Owners Reviews and Experiences

There are many benefits of doing so. Effectively you are getting loan at hardly 2% per annum with the flexibility to cover your emergencies.
You might not have faced any emergencies in life. So, this looks stupid. i agree, people feel so, because they never faced any emergencies.
If life hits you, you will realize the value of it. There is a reason many business people and other seniors do it, who have very strong understanding of finance, so i hope it has more meaning doing so. Let us not strike it off as a stupid decision.

Re: Yamaha YZF R3 Owners Reviews and Experiences

I was quoted 4.06L on road by My Yamah, Malad. Wonder what’s the reason of the price difference.

Re: Yamaha YZF R3 Owners Reviews and Experiences

So I had gone to the Yamaha Showroom located at the below address. The sales person said that 2018 R3 has not been launched yet and the display bike will arrive next month.

Shop No 2, Lane No 11, Vishrantwadi Airport Rd, Tingre Nagar, Adarsh Colony, Dhanori, Pune, Maharashtra 411032

Re: Yamaha YZF R3 Owners Reviews and Experiences

Has anyone spotted a 2018 Indian model on the roads or in any showroom? One of my colleagues said he saw one last week and he was damn sure it was the new model, but I doubt it.

My dealer said I'll get my bike sometime end of this month or first week of April.

Re: Yamaha YZF R3 Owners Reviews and Experiences

Correct me if I'm wrong, but if you take a loan for a vehicle on a FD which is to be used for an emergency, it's double foolishness. One, in case of emergency, you can't use the FD, because the certificate would be kept as lien with the loan giving bank. Second, paying the bank interest on your own money.

I've had some unexpected emergencies in my life, and I plan for the future, thanks for your concern, mate.

Re: Yamaha YZF R3 Owners Reviews and Experiences

I am planning to buy this by end of this year..don't have the finances now. When I had money, it was discontinued temporarily. I think now it's a perfect motorcycle for touring and city usage.

Re: Yamaha YZF R3 Owners Reviews and Experiences


If you take a loan of 1L on FD's. 10K a month for 10 Months.
Say, you re payed for over 4 months. Some emergency occurred and you needed cash. you can close the FD and repay the loan of 60K change. you can use your cash. No liabilities.

If you go for a loan, you will close the FD of 100K, on which you lose some interest, because you are closing prematurely. And You just need say 40K for your emergency. Again, you need to deposit 60K. There is a high chance of misusing/wasting this 60K.

And lets not forget the late payment fees, processing fees costs. they themselves take about 2-5% in some banks. At the cost of these processing fees, you can secure a loan on your FD's.

Banking is changing at a rapid pace. when i bought my last bike on loan, the interest rate was over 16% and processing charges were whopping 2K. The case with people employed in big IT companies is completely different. V get loans easily. But people working on street, their case is completely different. Just go to a hero showroom and try to secure a loan saying you have a small shop near your house. see the transaction costs.

Re: Yamaha YZF R3 Owners Reviews and Experiences

Any loan has some charges right? That's an avoidable expense. Next, you're dangerously assuming that the emergency costs only part of the F.D.
Imagine a scenario where A gets a loan of 3L to buy an R3 with a downpayment of 1L. He goes for a loan on his F.D of 6L. After a few months, he meets with an emergency wherein he has to spend 4L. So he cashes in the FD, but has only 3L left to cover the costs. After thinking about it, he realizes that life is more important than bike, and off he sells it.

End result? Jumping around like a clown in the financial sense. Also, any adult above 22 who 'misplaces' his emergency F.D money when he doesn't have any other backup is a financial retard.

Re: Yamaha YZF R3 Owners Reviews and Experiences

Any news on the official relaunch of the r3?

Re: Yamaha YZF R3 Owners Reviews and Experiences

Hi All,

Got the below quote for R3 at The Spirit Yamaha, Kothrud - Pune.

Re: Yamaha YZF R3 Owners Reviews and Experiences

What is standard feeting charge ?