.......at obtaining financing directly through the dealer or to obtain financing through my regular bank? I have very little credit from two good-standing accounts from previous loans, which are not paid back in full yet, with no potentially negative items in my report. Would the criteria of the lenders through the dealership be easier to meet than that of my regular bank's?

thanks... and sorry for the weird question.

 

I haven't financed a quad (yet....), but when I bought my motorcycle a few years ago, the dealer would happily give me 17.9% APR, so I went to my bank and they set me up at 9.9% (no credit history at the time).

So it depends on whether or not you make the special deal (like Suzuki's Quad Fair, etc.) criteria or not.

I'd be leery of financing through a dealer if I didn't get the special rate, because if powersport dealers are like car dealers, you can get approved by the dealer's loan place at, say, 7%, and the dealer can, without telling you, mark the loan up to whatever percent they want, and tell you they could only get you down to say, 12%, as long as they split the $$ with the lender.

Distrustfully,
Jens

 

I did better at my dealer. The credit union offered me 14% (f them) and my honda dealer gave me 6.9%...