3.99% financing, no money down... Should I act?
#1
3.99% financing, no money down... Should I act?
Hey there... I'm planning on financing my first Harley in January. At that point, I'll be finishing a previous loan. I normally don't like to have two loans at once, but from talking to a local dealer, I found that Harley is offering 3.99 with no money down and differed payment for 3 months.
Would it be worth it to go for the financing now, and finish the other loan? Is this type of deal available often? I asked for specifics to the terms of the contract, but got the typical 'it's dependent on the specific loan' crap.
I know that many will chime in on not advice of not financing a toy... That decision has been made, however. Although that advice is appreciated and understood, I would really like to know if I should act on this deal now.
Thank you all!
Would it be worth it to go for the financing now, and finish the other loan? Is this type of deal available often? I asked for specifics to the terms of the contract, but got the typical 'it's dependent on the specific loan' crap.
I know that many will chime in on not advice of not financing a toy... That decision has been made, however. Although that advice is appreciated and understood, I would really like to know if I should act on this deal now.
Thank you all!
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Join Date: Aug 2008
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The interest rate offered, as I am sure you know, is VERY dependent upon your credit rating. If that interest is in line with other major loans you have received (boat/car/truck), and you're comfortable with it, jump. I use my bike as my primary means of transportation, and couldn't hold off for 4 years to pay cash, I needed it RFN. I ended up with a 2.99%/0 down that jumped on. Other obligations have left me bike poor for a few months, but that is passing. If you can swing it, go. You get exactly ONE shot at this life, make it a happy one.
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