|
|
» Main Menu |
|
Discussion Forums
Features
Motorcycle.com Links
Contribute
Motorcycle Forums
|
|
Biker Hang-Out The Biker Cafe' at the end of the Universe. C'mon in, we talk everything about motorcycles on Earth and beyond.

Sponsored by: Motorcycle Accessory Discount Superstore |
 |
|
02-03-2009, 02:57 PM
|
#1 (permalink)
|
|
Senior Member
SuperStock
Join Date: Aug 2008
Location: Austin, TX
Posts: 245
|
Any U.S. riders finance a bike recently?
Since I'm planning on financing a Scrambler later this year, I was curious to see what impact the credit crunch might have. I called my local dealer and the salesman said he'd just financed a guy with a 720 score in 5 minutes. I found that reassuring.
Anyone have a recent bike financing experience they want to share? Are you finding it doable but paying higher interest than you would've a year or two ago?
Last edited by Scrambler57; 02-03-2009 at 03:00 PM.
|
|
|
|
Sponsored Links
|
Advertisement
|
|
02-03-2009, 04:04 PM
|
#2 (permalink)
|
|
Senior Member
Team Owner Favourite Bike: 2005 Bonneville Blue 790
Join Date: Sep 2006
Location: Central Maryland, USA
Posts: 5,897 Other Motorcycle: 1973 CB450, long gone
|
If you're a member of a credit union, it's worth checking there for a loan.
__________________
Marty
2005 Bonneville Blue 790cc, AI removed, Staintunes RC, Unifilter, no snorkel, 118/40/Thrux needle/1 shim/3 turns, tachometer, Ikon 7610s in back, Ricor Intiminators in front, Pirelli Sport Demons, D9 gauge panel.
|
|
|
02-03-2009, 04:22 PM
|
#3 (permalink)
|
|
Senior Member
Formula Extreme Favourite Bike: Thunderbird Sport
Join Date: Jul 2006
Location: Kansas U.S.A.
Posts: 629 Other Motorcycle: BMW R1200R Extra Motorcycle: None (2 bike limit)
|
Triumph financing
Local dealer is offering....
Triumph Promotions
Effective 1/20/09 thru 3/31/09
Buy any 2008 or Prior Year Rocket III, Rocket III Classic, Rocket III Classic Tourer, America, Bonneville T100, Scrambler, Speed Triple, Speedmaster, Thruxton, Sprints ST 1050/ABS, Tiger 1050/ABS
and Receive
As low as 3.9% financing
OR, $750 - $1,500 in Triumph Clothing & Accessories
OR, $450 - $1,200 Cash Rebate
depending on model
__________________
“I generally avoid temptation... unless I can't resist it.”
|
|
|
02-03-2009, 04:41 PM
|
#4 (permalink)
|
|
Senior Member
SuperStock Favourite Bike: European Bikes
Join Date: Apr 2008
Location: Sandy Eggo, CA
Posts: 258 Other Motorcycle: 2006 Triumph Daytona 675 Extra Motorcycle: 2007 Triumph Bonneville
|
Credit Unions is where its at. The one I currently work at treats bikes the same as cars...and we're currently at 5.55%. Since I work there, I refi'd my Daytona 675 at a rate I cannot disclose. See if you can get a list of all the credit unions around your area and call them up asking what they finance motorcycles at. Target the ones that treat motorcycles like cars.
give Digital Federal Credit Union a try too. You can become a member easy too.
|
|
|
02-04-2009, 09:10 AM
|
#5 (permalink)
|
|
Senior Member
SuperStock Favourite Bike: Tiger 800XC
Join Date: Sep 2008
Location: Crystal Beach, Florida
Posts: 283 Other Motorcycle: None at present Extra Motorcycle: I wish
|
Triumph ended their 3.9 financing on 1.31.09. That was the day I got my R3T. 3.9 % was better than the credit union could do.
__________________
'11 Tiger 800 XC
|
|
|
02-04-2009, 10:03 AM
|
#6 (permalink)
|
|
Member
Grand Prix 125 Favourite Bike: 2009 Street Triple
Join Date: Sep 2008
Location: Maryland
Posts: 33 Other Motorcycle: 2006 Sprint ST Extra Motorcycle: 2006 Ninja
|
Credit Union if possible. I financed $5,000 on a used Sprint in August and they gave me a sub 4% loan. It was only one year but it was much lower than I expected.
There is still plenty of loan money if you have good credit.
|
|
|
02-04-2009, 10:37 AM
|
#7 (permalink)
|
|
Senior Member
Formula Extreme Favourite Bike: Thunderbird Sport
Join Date: Jul 2006
Location: Kansas U.S.A.
Posts: 629 Other Motorcycle: BMW R1200R Extra Motorcycle: None (2 bike limit)
|
3.9% financing
Quote:
Originally Posted by crazyman
Triumph ended their 3.9 financing on 1.31.09. That was the day I got my R3T. 3.9 % was better than the credit union could do.
|
Triumph's 3.9% financing has been extended to 03.31.09
__________________
“I generally avoid temptation... unless I can't resist it.”
|
|
|
02-04-2009, 05:00 PM
|
#8 (permalink)
|
|
Senior Member
SuperStock Favourite Bike: 2008 Bonneville Black
Join Date: Jun 2008
Location: Philadelphia, PA
Posts: 251
|
Quote:
Originally Posted by Baltobonneville
If you're a member of a credit union, it's worth checking there for a loan.
|
+1 for this gentleman's suggestion. my credit union gave me a delicious rate when other banks just flat out shot me down.
__________________
`ends
"Maturity is a high price to pay for getting older"
|
|
|
02-10-2009, 04:32 PM
|
#9 (permalink)
|
|
Senior Member
Formula Extreme Favourite Bike: 2008 Triumph Scrambler
Join Date: Feb 2005
Location: Englewood, CO
Posts: 444
|
I just financed my Scrambler through USAA Federal Savings Bank (a bank/insurance company for members of the Armed Forces and their families) at 6.74% for 3 years. I plan on paying it off early, though.
__________________
Martin
08 Scrambler "Unscrambled": AI removed, Dunlop D404 street tires fitted, Bonnie Saddle, Slipstreamer S60 windscreen, Renntec Rack, JC Whitney top box and handgrips, Triumph C-Stand and number board kit, 1" handlebar spacers.
|
|
|
02-10-2009, 04:54 PM
|
#10 (permalink)
|
|
Senior Member
SuperStock
Join Date: Aug 2008
Location: Austin, TX
Posts: 245
|
Quote:
Originally Posted by UJMrider
I just financed my Scrambler through USAA Federal Savings Bank (a bank/insurance company for members of the Armed Forces and their families) at 6.74% for 3 years. I plan on paying it off early, though.
|
UJM - Did you buy before or after Triumph announced they're doing 3.9 on '08 and earlier Scramblers?
|
|
|
| Sponsored Links |
Advertisement
|
|
 |
|
| Thread Tools |
|
|
| Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|