Add me to the list for credit unions. HD didn't come close. Credit union also beat out my local bank as well.

Even if you don't belong, it usually just take a token amount to open a saving account to qualify.

 

Thanks guys. That's good advice. I was already planning to go in armed with my own bank financing, but now I am also going to check out the local credit union.

Scott

 

+1 on this. I think I joined for $25 and got 3.9 on a loan very much like you say you need.

 

Might be a little known secret, maybe not, but Harley will haggle on interest rates. My brother was told a higher rate and said he'd just go to his credit union. The dealer beat it, with H-D credit. If I'm not mistaken, dealers get perks from getting people financed under H-D credit. The dealer offered something like 8% at first, but he then ended up getting less than 5%.

 

29.95% for me!






LOL

 

Some dealers tend to mark the rates up over what they get from the bank. I know one of my local dealers will mark the % up at least 3% no matter how great your credit is. Needless to say, I wont even buy a t shirt from them after I found that out.

 

4.25 APR...at my CU...:>)

 

I just signed a note for my '09 EG on last Weds (5/20) at my credit union for 4.9%. My HD salesman asked me what rate I got - he threw his head back and said ohhhh that's way better than HD would do.

 

Not sure where you guys are finding these banks but when I checked last year HD beat all banks and credit unions in the area, I believe it was ~7.35% my credit unions were around 9%. Of course I was just scoping out their on-line posted rates but those are usually the lowest because they want to get you in the door before they tell you that is for the one person in the country with a 1200 credit score . Bottom line is do your own research!

 

I know I can probably do a reasonable deal with my bank. I am going to call Harley tomorrow, and see what they offer. That will give me time to either arrange financing with my bank or a credit union if HD doesn't give me the deal I want.

S