Join Date: Jun 2005
Location: Monkton and Pawlyes Island, MD SC, USA
Re: The Best Used Motorcycle Loan Rates?
Seems like credit is very tight right now and you would prolly have to get a personal loan at somewhere around 13 to 21% (maybe even higher) to finance a bike that old, regardless of milage.
The papers here are full of ads for used Harleys due to the credit crunch with housing foreclosures etc. Folks just can't make those payments. Banks are getting stuck for loans and folks are upside down (owe more than the Harley is worth).
Auto auction guy tells me that they have an overload of high end late model luxury cars going unbid on. Folks just can't keep up on those payments. If you have any cash now's the time if your lookin' to buy a Benz or such.
and Pawleys Island, SC
Last edited by Daman858; Apr 16th, 2008 at 5:07 pm.