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Where/How is the best way to finance a used motorcycle?

This is a discussion on Where/How is the best way to finance a used motorcycle? within the Motorcycle Financing forums, part of the General category; I had to part with my Harley Heritage after my divorce several years ago and now would like to get ...


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Old 12-03-2008   #1
Dan
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Default Where/How is the best way to finance a used motorcycle?

I had to part with my Harley Heritage after my divorce several years ago and now would like to get another. I'd rather get a used bike than a new one but where/how do you get financing? Suggestions or personal experience.
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Old 12-07-2008   #2
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Check with your bank
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Old 12-07-2008   #3
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Simply go to you bank or credit union and ask for a loan, not to hard, same as a car. Most times a bank or better yet a credit union will give you a better rate than the dealer will.
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Old 12-17-2008   #4
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If your bank or credit union won't or don't give you the deal that you want, try Loud Financial. 1-800-789-8001
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Old 12-18-2008   #5
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I have better luck with credit unions myself. You are looking at about 7.9% on a used bike with good credit. Most only offer a 48 mo. term on used bikes.
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Old 12-25-2012   #6
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Call credit unions in your area. Don't join until you know they will loan you the money. All credit is tight right now, even though interest rates are low.

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Old 03-30-2013   #7
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I think you should get a pre-approved loan from your bank because that would be a great place to start. I have a insurance coverage and they also have good home loan programs. You can ask your insurance coverage provider if they do loans.
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