Is it harder to get a loan from the Quad manufacturers? I tried Suzuki and they turned me down, so I am open for other ideas on getting financed. Thanks!
Try your local bank.
TRY YOUR BANK OR A PRIVATE FINANCE COMPANY. I FINANCED ONE THRU AMERICAN GENERAL
Quote from: Da_Mtg_Man on October 10, 2005, 07:39:32 PM
Try your local bank.
Any idea on what type of APR I can expect?
THEY USED TO BE PRETTY HIGH 13-19% BUT NOW THAT THEY HAVE TITLES I DO NOT KNOW
Quote from: FOREMANRON on October 10, 2005, 07:43:29 PM
THEY USED TO BE PRETTY HIGH 13-19% BUT NOW THAT THEY HAVE TITLES I DO NOT KNOW
OUCH! Maybe I will wait until we sell the house and just pay cash for them. Probably be able to save a good chunk.
KQ, It will depend mostly on your beacon score as to what your int rate will be. American general is pretty good about working with you and they need the loans right now. End of the year and tons of reserve :o Also try Wells Fargo they are very forgiving when it comes to youe score.
YOU COULD TRY ANOTHER MANUFACTURER HONDA,YAMAHA,POLARIS TRY APPLYING ONLINE
Quote from: FOREMANRON on October 10, 2005, 08:02:39 PM
YOU COULD TRY ANOTHER MANUFACTURER HONDA,YAMAHA,POLARIS TRY APPLYING ONLINE
Actually Kawasaki, Suzuki, Yamaha and Polaris all use the same finance company but kawasaki seems more forgiving as they all use different criteria foe approval. Honda uses thier own and will finance you on thier product only. I know this becouse I have owned and made payments to all these companies. I hope this helps.
We had our quads financed through our local bank. Interest is prime+1%. I would goto your bank, its alot easier because you can actually talk to the guy/gal making the decision at most banks the vp of the branch can approve loans up to $50,000 without further approval so its up to him. It really helps if he knows a little about you.
Go online to sheffield finance, they are pretty good on the interest. I financed my new mower through them @ 6.75%, no money down. You will get an answer in about ten minutes!, One thing to keep in mind, the more your credit is pulled, the lower your score gets!
So do your home work and think it through before you keep trying a bunch of places!----- Good Luck!
Im payin 0% for 6 months on my '06 Raptor 700R. Got that at the dealer.
NO DAAAAAA!!!! It's been on the comarcial like a million
times!!!!!!!!!!
I got an Arctic Cat 650 and financed it through Sheffield at 5.9% at the first of the year.