Bike under finance - riding to other countries

Discussion in 'General Discussion / News / Information' started by philiprowell, Jan 1, 2007.

  1. philiprowell

    philiprowell New Member

    Hi everyone

    Hope you can answer this question. I have a bike, in Thailand, bought with a loan from BMW leasing. I heard that riding overseas to Malaysia and Laos etc is not possible with a bike that is not fully paid off. Am I right? Or, if it's possible to leave the country with a bike still under finance, what's the way to do it and what do I need?

    Grateful for any advice...

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  3. DavidFL

    DavidFL Administrator Staff Member

    If the bike does not belong to you, then you need permission from the owner to take the bike out of the country.
    Until you have paid BMW Thailand off, then I dont like your chances of them giving you permission to take the bike o/s.
    For more general info on crossing border with a bike take a look at
  4. philiprowell

    philiprowell New Member

    Hi David
    Thanks for the reply.
    Guess I'll be sticking to within these borders for the foreseeable future...
  5. ray23

    ray23 Ol'Timer

    Phili how did the bike financing work I assume you had to buy a BMW?
  6. philiprowell

    philiprowell New Member

    Hi Ray

    Yes, I bought a BMW, and they have a financing dept so I went with them.
    I think that would apply to most bike (and car) dealers here: if I'm not wrong, most of them have finance companies attached.
    I bought a Toyota (car, obviously) and they also had a finance dept, so I went with them; and a friend of mine bought a Ducati, and they had a finance dept too.
    Just need your work permit, salary statements and usually you'll have to front up 40% instead of the usual 20% deposit (unless you have a Thai guarantor).
  7. ray23

    ray23 Ol'Timer

    I always thought big bike, it just wasn't possible, you learn something new everyday. Had my eye of a new Honda 750 no way to it get financed. My truck was easy. Might be looking in the wrong area Bangkok may have a better system to get things done.
  8. philiprowell

    philiprowell New Member

    I guess the other way to do it is get a loan/overdraft from your bank back in (insert your home country here), if you've got something to put up as collateral back home. Buy the bike in cash here and pay off your loan back in the UK, Australia or wherever. That way, because you own the bike outright here, you could ride it to other countries too...
  9. tropicaljohno

    tropicaljohno Ol'Timer


    I have ridden to Malaysia from Thailand many times, both on my Honda Phantom, and 1150GS. Even though both in my name, and no finance on them, i have never been questioned at the border.

    All you must do (for the Malaysian side), is have your number plate in English front and back. I have also driven over by car, and once again never been asked for any papers, even though I do have photocopies of original documents.

    I would give it a go to Malaysia, just remember border closes at midnight Thai time, (Malaysia is 1 hour in front)

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