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Motorcycle Loans
Do you guys with bikes have any good recommendations for Loan companies?
I'm about to purchase a motorcycle soon, and I have been researching getting a loan for the bike. While I was browsing on Yahoo Autos/Motorcycles I saw the average APR for a Person to Person: Used was about 10.75% I have good credit & I currently use Commerce Bank (and have for the past 6 years), but before I sit down with someone from my own bank I wanted to see if you guys have experience with other sources (online). When my dad bought his 04' Acura TSX he got as low as 7% APR for a new car so I was curious if 10%+ is what I should expect to pay. I was looking to do 60 (5 years) to get the lowest price per month and pay it off way before then. I have a steady job, and I'm going to be doing more work over the summer to help pay everything off in a reasonable time frame.
The bike I'm looking at is 6,500 btw.
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