J
Jerome81
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Found a bike I'm very interested in buying. Thing is, while my savings is quite good, its all in the form of stock for the most part. I have only several hundred dollars in accessible money in my account.
The bike is a 03 500R with 3K miles. Looks like a real nice machine and the price seems solid as well.
So heres the problem. I figure that because I need gear (which I can use my cash for), I will need about a $3000 loan for this bike. However, it seems that most places I've looked have a minimum amount for a used motorcycle loan, and $3000 isn't enough to meet that minimum.
Where can I find the best APR either through a used motorcycle loan or even a personal loan of some sort? Anything over 10% is just ridiculous, I am hoping for 6-8%. Better would be better. It needs to be fixed rate, fixed term loan with no early payback penalties.
Any common banks offer this? How about online places such as e-loan? (e-loan i think has this restriction....) I just haven't done enough financing shopping in my life to know good places to go.
Help is appreciated!
The bike is a 03 500R with 3K miles. Looks like a real nice machine and the price seems solid as well.
So heres the problem. I figure that because I need gear (which I can use my cash for), I will need about a $3000 loan for this bike. However, it seems that most places I've looked have a minimum amount for a used motorcycle loan, and $3000 isn't enough to meet that minimum.
Where can I find the best APR either through a used motorcycle loan or even a personal loan of some sort? Anything over 10% is just ridiculous, I am hoping for 6-8%. Better would be better. It needs to be fixed rate, fixed term loan with no early payback penalties.
Any common banks offer this? How about online places such as e-loan? (e-loan i think has this restriction....) I just haven't done enough financing shopping in my life to know good places to go.
Help is appreciated!