Why Finance Your Motorcycle?
Nothing compares to the feel of the wind upon your face as you zoom down the open road on a motorcycle, but not everyone has enough cash on hand to buy one upfront. Fortunately, motorcycle financing is one of the best ways to stretch your budget and score the perfect ride. There are many advantages to financing, so read on to learn more. Visit our dealership when you’re ready to get started! We’re conveniently located near Toronto in Whitby, Ontario.
Buy it Sooner
Motorcycle prices can vary quite a bit depending on size, specialty, and power potential. You can easily spend several thousands of dollars on one, so trying to save up the entire sticker price can take much longer than you’d probably like. The good news is that you can skip this painful waiting period by choosing to finance your purchase.
Motorcycle financing allows you to get the bike you want sooner without having to pay the entire price all at once. Instead, you put about 10 to 20% of the sticker price as a down payment. This means you get to take the bike home and pay off the remaining amount in the form of monthly installments with interest. Who wouldn't want to enjoy the benefits of motorcycle ownership while paying it off in smaller, more manageable increments?
Wider Range of Options
Now that you have a significantly lower financial barrier, you’ll have access to a wider range of options. For example, high-end models with premium perks that were out of reach before may now be available to you. In fact, motorcycle financing may be the key to obtaining a luxury model with more advanced features and durable materials. You could even search for an upgraded version of a particular motorcycle model that you already know and love.
More Financial Flexibility
Keep in mind that you aren’t restricted to putting your financial savings back into the bike. Some people prefer to save this money and use it to pay off the monthly installments. Others may prefer to squirrel this money away for future service appointments. You can also use the money saved by financing to cover miscellaneous expenses such as fuel, oil, and riding gear. Not to mention that you could use it on something else entirely! It’s your money, so you get to choose how you spend it.
Ready to explore your motorcycle financing options? Contact GP Bikes to get started today! We also offer parts, services, trade-ins, and more. Our dealership proudly serves Oshawa and Oakville, Ontario.