2006-09-25 12:13:35 · 5 answers · asked by Drunkardsfist 1 in Cars & Transportation ➔ Motorcycles
these other answers are in the right direction but not totally correct. i sell cars so i know what finance companies look at. it is true that car loans are easier than bike loans but you do not need perfect credit. you do need decent credit. its not alwas the score they look at. just as long as you've had like three credit cards and paid them good for like a year you should be ok. they look at your debt to income ratio so if you owe close to what you make.... forget it. just keep paying your bills and don't finance too much... good luck
2006-09-25 13:35:30 · answer #1 · answered by Adam D 1 · 0⤊ 0⤋
It depends on where you look to get the loan. Dealers will generally have good loan terms but require better credit. There are some companies that provide loans even to those with bad credit but you will end up paying more in interest. This site shows many companies that will finance motorcycles - most will give free quotes:
http://www.motorcyclegiftshop.com/motorcycle_loans.html
2006-09-26 03:52:16 · answer #2 · answered by lepninja 5 · 0⤊ 0⤋
Its easier to get a loan for a car than a motorcycle.The bank believes that a car is a necesary and a motorcycle is a luxury,they believe that people are more likley to make a car payment than a motorcycle payment.So to put it short and sweet.You have to have perfect credit
2006-09-25 13:20:59 · answer #3 · answered by Gin 3 · 0⤊ 0⤋
You need awsome credit especially if you're lookin into Suzuki. You're better off getting a personal loan or and auto loan from the bank. The rates are better.
2006-09-25 12:48:20 · answer #4 · answered by FangStu 3 · 0⤊ 0⤋
good credit just like with anything else
2006-09-25 12:16:18 · answer #5 · answered by Billy T 6 · 0⤊ 0⤋