Note: something I learned today
#1
Note: something I learned today
I know most of you HD Vets may know this already, but for some of us young'ens that might not have been around the "game" as long.
HDFS, (Harley Financial) AKA Eaglemark Savings Bank, is the primary Finance Leg for HD.
If you are currently finance thru HDFS / Eaglemark and you are selling your bike to a private seller, whom isn't buying cash, or thru private financing HDFS will assist you in applying for, and selling your bike to the 3rd party, by working with them on a loan application, and obtaining financing on your bike.
So long as they can get approved, etc.
Now, this might not sound like much, but the biggest hurdle is often bridging the gap between cash in hand, and asking price. This may help a few folks make a deal that otherwise wouldn't work.
Here's a link to more info.
I hope this helps some potential seller on hard times or otherwise, who can't seem to get a deal going.
Brad
HDFS Sellers Assist
Have you decided to privately sell your bike, or found a bike you want to buy and need to obtain financing to complete the purchase? Your local Harley-Davidson dealer can help no matter what brand of motorcycle you're buying or selling! Through the Seller's Assist Program offered by Eaglemark Savings Bank, a subsidiary of Harley-Davidson Financial Services, financing is available to qualified individuals who are buying a motorcycle from another individual or private party.
Imagine how easy it will be to sell your bike when you tell potential buyers you know where they can apply for financing so they can keep their cash in their pockets.
Visit your local Harley-Davidson dealer today and ask how Seller's Assist can help you.
HDFS, (Harley Financial) AKA Eaglemark Savings Bank, is the primary Finance Leg for HD.
If you are currently finance thru HDFS / Eaglemark and you are selling your bike to a private seller, whom isn't buying cash, or thru private financing HDFS will assist you in applying for, and selling your bike to the 3rd party, by working with them on a loan application, and obtaining financing on your bike.
So long as they can get approved, etc.
Now, this might not sound like much, but the biggest hurdle is often bridging the gap between cash in hand, and asking price. This may help a few folks make a deal that otherwise wouldn't work.
Here's a link to more info.
I hope this helps some potential seller on hard times or otherwise, who can't seem to get a deal going.
Brad
HDFS Sellers Assist
Have you decided to privately sell your bike, or found a bike you want to buy and need to obtain financing to complete the purchase? Your local Harley-Davidson dealer can help no matter what brand of motorcycle you're buying or selling! Through the Seller's Assist Program offered by Eaglemark Savings Bank, a subsidiary of Harley-Davidson Financial Services, financing is available to qualified individuals who are buying a motorcycle from another individual or private party.
Imagine how easy it will be to sell your bike when you tell potential buyers you know where they can apply for financing so they can keep their cash in their pockets.
Visit your local Harley-Davidson dealer today and ask how Seller's Assist can help you.
#5
#6
I guess the MOCO makes more money selling cheap T-shirts made in China and charging high interest rates than they actually do building motorcycles!
Last edited by greginNH; 10-16-2010 at 09:57 PM.
#7
Especially when they can charge some poor sucker with a hard-on for a Harley, 24% interest!!! When I financed my last bike, the dealer got me Tier One rates (5.5% APR), she told me that many people are still willing to pay 24% to ride away from the dealership with a new bike!
I guess the MOCO makes more money selling cheap T-shirts made in China and charging high interest rates than they actually do building motorcycles!
I guess the MOCO makes more money selling cheap T-shirts made in China and charging high interest rates than they actually do building motorcycles!
Absolutely right....I called over the phone and their quote was I was tier-2 at 10.9%...
When I explained I was a vet and was going thru USAA for this one, at 6.74%, I miraculously became Tier-1 and they could do 7.99%...
I explained that unless the price of the bike dropped another 4k, that USAA deal was unbeatable.
It took me about 35 mins to sign the papers, sign over my trade and ride away with a 2010 FLHX Red Hot Sunglo...
I did have a wonderful experience for 6 years with HDFS, and they were very accommodating on the 1 time I had to be late due to changing banks...
I would recommend them for someone who isn't with a USAA or credit union.
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#8
I was not impressed w/ them. When I went looking for a new bike 2 years ago, I went to the local H-D dealer. I had already talked to my bank, and they would give me 7.25% for a used bike. When I talked to the girl at HDFS, the best I was going to get was 9.99%. I explained to her that I was already approved at 7.25% from my bank for a USED bike, and I suspected the rate would be even lower for new. I asked her to explain why I should pay an extra 3% go go through HDFS. She really didn't have an answer.
#9
I was not impressed w/ them. When I went looking for a new bike 2 years ago, I went to the local H-D dealer. I had already talked to my bank, and they would give me 7.25% for a used bike. When I talked to the girl at HDFS, the best I was going to get was 9.99%. I explained to her that I was already approved at 7.25% from my bank for a USED bike, and I suspected the rate would be even lower for new. I asked her to explain why I should pay an extra 3% go go through HDFS. She really didn't have an answer.