Dealer incentives
Seasoned HDF Member
Joined: Sep 2008
Posts: 14,178
Likes: 11,278
From: San Diego, CA
In any case, a 0% loan is free money.....
Hell, a savings account will get you 0.75 to 1.0% and a 5 yr T-bill is at 1.14%....... almost any stock portfolio will easily beat those returns...
If you qualify, and were thinking about buying a Harley for cash, you'd be better off financing for 0% and then invest the 25K you were going to pay for the HD.
Sure, you won't get rich, but it's better than paying interest or even cash at that rate.....
Last edited by hattitude; Aug 17, 2016 at 08:24 PM.
Road Captain
Joined: Sep 2014
Posts: 592
Likes: 46
From: Connecticut
Not sure how HD works (have only, and will only) buy used, but when I bought my GMC in 09, is was 0% financing, OR a like $2500 off. You couldn't get both. I went with 0%. I did get the price down, but could not get them to do the $2500 off the top.
Just be careful you are not forced to pay MSRP to get that rate. Not with the 2017s pulling into veiw.
Just be careful you are not forced to pay MSRP to get that rate. Not with the 2017s pulling into veiw.
Road Master
Joined: Oct 2013
Posts: 853
Likes: 48
From: Virginia
This...I've also seen more Indians and Victorys this year on the road. I just can't get past the looks of them, though.
Road Captain
Joined: May 2006
Posts: 594
Likes: 5
From: Akron, Ohio
110% is no big deal. And for 0% interest loans you have to have a top tier credit score which means you have borrowed way too much money.
So if your trade is worth $15,000.00 you will get $16.500.00.
Then the dealer will say your credit score does not cut the mustard and he will make that $1,500 back in a jiffy. You know, extended service/warranty plans etc where you pay interest on as well as the principle of the bike.
But I would like to sit outside the sales managers office when the new 2017's hit the showroom and listen to all the guys trading bikes with negative equity and hear what they are willing to pay to be the first.
If you have to finance, be careful with the upcoming election. I believe the worst is going to happen and the economy is not going to get better. Having a payment that you can not pay more than the minimum is not smart.
So if your trade is worth $15,000.00 you will get $16.500.00.
Then the dealer will say your credit score does not cut the mustard and he will make that $1,500 back in a jiffy. You know, extended service/warranty plans etc where you pay interest on as well as the principle of the bike.
But I would like to sit outside the sales managers office when the new 2017's hit the showroom and listen to all the guys trading bikes with negative equity and hear what they are willing to pay to be the first.
If you have to finance, be careful with the upcoming election. I believe the worst is going to happen and the economy is not going to get better. Having a payment that you can not pay more than the minimum is not smart.
Moral of the story, pre-qualify through HD before you go to the dealer, and check a few banks and credit unions as well. Make the dealer think you are going to finance through them (or they will try to burry the money they would have made into the price of the bike). Those dealers are thieves and can never be trusted.
Outstanding HDF Member
Joined: Aug 2009
Posts: 2,858
Likes: 217
From: Puyallup Wa.
110% is no big deal. And for 0% interest loans you have to have a top tier credit score which means you have borrowed way too much money.
So if your trade is worth $15,000.00 you will get $16.500.00.
Then the dealer will say your credit score does not cut the mustard and he will make that $1,500 back in a jiffy. You know, extended service/warranty plans etc where you pay interest on as well as the principle of the bike.
But I would like to sit outside the sales managers office when the new 2017's hit the showroom and listen to all the guys trading bikes with negative equity and hear what they are willing to pay to be the first.
If you have to finance, be careful with the upcoming election. I believe the worst is going to happen and the economy is not going to get better. Having a payment that you can not pay more than the minimum is not smart.
So if your trade is worth $15,000.00 you will get $16.500.00.
Then the dealer will say your credit score does not cut the mustard and he will make that $1,500 back in a jiffy. You know, extended service/warranty plans etc where you pay interest on as well as the principle of the bike.
But I would like to sit outside the sales managers office when the new 2017's hit the showroom and listen to all the guys trading bikes with negative equity and hear what they are willing to pay to be the first.
If you have to finance, be careful with the upcoming election. I believe the worst is going to happen and the economy is not going to get better. Having a payment that you can not pay more than the minimum is not smart.
What a downer....
Road Warrior
Joined: Sep 2011
Posts: 1,478
Likes: 64
From: West Liberty, Ohio
Last month when I bough my SGS, there was a low APR deal for top tier credit. My dealer told me that my score was 740 and I didn't qualify. He jammed me with a 6.9% through a local bank, said it was the best he could find. I went to a credit union a few days later. They said when they checked, my score was 798. They weren't sure why Eaglemark only showed me at 740. I think my dealer lied to put me into a financing deal that worked better for him.
Moral of the story, pre-qualify through HD before you go to the dealer, and check a few banks and credit unions as well. Make the dealer think you are going to finance through them (or they will try to burry the money they would have made into the price of the bike). Those dealers are thieves and can never be trusted.
Moral of the story, pre-qualify through HD before you go to the dealer, and check a few banks and credit unions as well. Make the dealer think you are going to finance through them (or they will try to burry the money they would have made into the price of the bike). Those dealers are thieves and can never be trusted.
Then I had to call them on their figures that I already had on a spreadsheet and re-pulled from CU website, they didn't see how they came up different payments??!!!
Sales and service has had to be double checked every inch of the way.
Seasoned HDF Member
Joined: Jan 2007
Posts: 20,616
Likes: 4,440
From: anacoco, la
thats how i bought my cvo. i got retail for trade on my 2010 fltrx and msrp on my se. i know that a lot of folks talk about the great deals that they got on their new bikes, but here in la, those kind of deals are few and far apart. a good deal around here is msrp, plus tax, and delivery and set up.
Advanced
Joined: Nov 2015
Posts: 68
Likes: 8
From: IL
Originally Posted by skratch
no, the retail on your flhx is 19,465. whereas trade is 15,750.
thats how i bought my cvo. i got retail for trade on my 2010 fltrx and msrp on my se. i know that a lot of folks talk about the great deals that they got on their new bikes, but here in la, those kind of deals are few and far apart. a good deal around here is msrp, plus tax, and delivery and set up.
thats how i bought my cvo. i got retail for trade on my 2010 fltrx and msrp on my se. i know that a lot of folks talk about the great deals that they got on their new bikes, but here in la, those kind of deals are few and far apart. a good deal around here is msrp, plus tax, and delivery and set up.
HD Forum Stories
The Best of Harley-Davidson for Lifelong Riders
6 Weirdest Harley-Davidsons Ever Sold to the Public
Verdad Gallardo
7 Times Harley-Davidson Chucked Tradition Out the Window
Verdad Gallardo
7 Surprising Harley-Davidson Products that Are Not Motorcycles
Verdad Gallardo
8 Best Harley-Davidson Motorcycles Ever
Pouria Savadkouei
10 Worst Harley-Davidson Motorcycles Ever
Pouria Savadkouei
Killer Custom's Jail Break Is The Breakout That Refused to Blend In
Verdad Gallardo
Crazy Bunderbike Build Looks Amazing, But Is It Impossible to Ride?
Verdad Gallardo
Harley-Davidson Reveals Super Cool Cafe Racer Concept
Verdad Gallardo
Engraved Rebellion: Inside Bundnerbike's Glam Rock II
Verdad Gallardo
Road Captain
Joined: Aug 2013
Posts: 593
Likes: 59
From: manchester tn
Seems like lots of haters on here. I agree with others, High beacon score doesn't equal to much money borrowed. And I don't think 740 qualifies for top tier credit. I'm thinking 750 and up but not sure. Of course they pull from 3 different sources. Seems to me that if your looking at a new bike then now is the time. 110% of KBB and 0% interest seems pretty darn good. And if you can get away from all the prep fees and he come off retail is a bonus.
And I don't believe all these incentives are offered because Harley is feeling the loss to Indian or Victory. The 17's are coming and they need to move inventory. This happens every year.
And I don't believe all these incentives are offered because Harley is feeling the loss to Indian or Victory. The 17's are coming and they need to move inventory. This happens every year.