BTAQ
Forum => Street Bike Pow-Wow => Topic started by: hal on May 17, 2019, 06:48:34 AM
Anyone have thoughts on motorcycle dealer financing? Looking for some input, or should I look at using a private bank?
Depends how much you are borrowing. I would never use motorcycle dealer financing for a large loan, but if it were a small investment it may be fine. With a private bank loan you'll almost always get a better rate on financing a motorcycle or anything else. I believe the dealerships actually make money on the financing.
Go with private bank and get pre-approved for a motorcycle loan whenever possible. It's easier when you get to the dealership. And it takes all the salesmanship out of the financing part of buying a bike.