Tips on Financing a New Motorcycle

Financing a motorcycle is typically a pretty straightforward process and doesn’t require much prep. However, if you want to get the best loan available for your new vehicle, we recommend reading our helpful tips below. In it, we suggest a number of things you can do beforehand that will ensure you get the best financing available for your new motorcycle. 

Raise Your Credit 

Vehicle loans aren’t difficult to get even with low credit, however, to ensure you’re getting the best deal available on your loan, we recommend raising your credit as much as possible before you begin applying. You can do this by using at least ten percent of your credit card’s available credit card limit and paying it off on time, or calling your bank to see if you can have old debts that have already been paid removed from your credit report. 

Compare Offers 

When applying for motorcycle financing, don’t submit an application with only one lending institution. There are a number of lenders out there that will offer you financing opportunities, and by applying with multiple institutions, you can directly compare each offer to see what best works for you. Just remember to keep the number of applications you submit under 5, otherwise it could damage your credit. 

To take advantage of convenient and affordable motorcycle financing services, be sure to stop here at St. Charles Harley-Davidson® in St. Charles, MO. Our expert staff will be happy to assist you with the application process as well as answer any questions you may have about our services, and we’re always happy to serve those nearby in the cities of St. Louis and St. Peters, MO.