Financing a bike and Finance rates?
#32
02-21-2012, 08:34 PM
Extreme HDF Member
With 10% down and no trade my son got the 3.99 HD loan last October when he went with me to pick up my 12 Road Glide. When I came out he was making the deal on a Ultra Classic. $750 off MSRP, 1K service free and a trunk luggage rack and windspliter windshield.
He paid it off this month. Doesn't like payments and some investments just freed up.
He paid it off this month. Doesn't like payments and some investments just freed up.
#34
02-21-2012, 10:16 PM
do the math,
20,000 @ 4%, 5 years = 2,100 interest, just over 400 per year.
20,000 @ 3%, 5 years = 1,550 interest, just over 300 per year.
not really an issue???
20,000 @ 4%, 5 years = 2,100 interest, just over 400 per year.
20,000 @ 3%, 5 years = 1,550 interest, just over 300 per year.
not really an issue???
#35
02-22-2012, 10:22 AM
Mountain America Credit Union
Loans Approx. Term Fixed APR
New Auto 60 Mos.
2.99%
New Auto 72 Mos. 3.24%
Used Auto (1-3 years) 60 Mos. 2.99%
Used Auto (4-5 years) 48 Mos. 2.99%
Used Auto (6-7 years) 36 Mos. 2.99%
Used Auto (8+ years) 36 Mos. 3.99%
Up to 144 Mos. RV Rates 4.99%
Loans Approx. Term Fixed APR
New Auto 60 Mos.
2.99% New Auto 72 Mos.
3.24% Used Auto (1-3 years) 60 Mos.
2.99%Used Auto (4-5 years) 48 Mos.
2.99% Used Auto (6-7 years) 36 Mos.
2.99% Used Auto (8+ years) 36 Mos.
3.99% Up to 144 Mos. RV Rates
4.99%
Last edited by Mntsnow; 02-22-2012 at 10:24 AM. Reason: fixed layout
#36
02-22-2012, 10:44 AM
Cruiser
Join Date: Oct 2010
Location: Panama City Beach
Posts: 163
Likes: 0
Received 0 Likes
on
0 Posts
Andrews Federal Credit Union is who I go through... They have been very good to me and gave me a decent rate. (5.1%)
Last edited by AFHarley; 02-22-2012 at 01:01 PM.
#37
02-22-2012, 01:12 PM
What do they do when they suffer a cut in pay or job loss? That dream of owning a harley becomes a pain in the ***.
#38
02-22-2012, 02:55 PM
Stellar HDF Member
There is always one jerk off in this forum that has to be the one that says I DONT FINANCE MY TOYS. No one F#CKING ASKED YOU and your retarded opinion. If you dont have any advice for the OP about financing then don't post.
post *****
Finance rates are retarded low. I remember paying 12% on my first car with little credit. As my credit got better I paid about 8-9% on a bike. With rates as low as 3% anywhere you go dealer or not, that is still a good rate. Like myself, you probably dont want to wait until your in retirement age to purchase a bike outright.
Why would I plunk down cash while I can make my money work for me by investing?
post *****
Finance rates are retarded low. I remember paying 12% on my first car with little credit. As my credit got better I paid about 8-9% on a bike. With rates as low as 3% anywhere you go dealer or not, that is still a good rate. Like myself, you probably dont want to wait until your in retirement age to purchase a bike outright.
Why would I plunk down cash while I can make my money work for me by investing?
#39
02-22-2012, 03:06 PM
Cruiser
Join Date: Sep 2011
Location: New England
Posts: 104
Likes: 0
Received 0 Likes
on
0 Posts
Then "they" probably say..."I'm glad I financed instead of emptying my savings account, I might need that $20,000 for something more important, like keeping my house."
#40
02-22-2012, 03:09 PM
I just got 4% on a five year loan, HD wanted some crazy a$$ rate, not sure why. My credit is descent.... Hope you get a good loan.... Oh, if worried about job security or getting hurt most banks have the option to buy hardship protection.
