I'm not 100% sure how that works....I'll find out if someone needs financing I suppose.

 

I asked about fees and I was told there are none. Right now they are offering $200 in dealer credit to put towards anything you want.

I am not finding any interest rates posted on the Internet from Eaglemark savings bank which is the "Harley" Bank, this make me a little sceptical.

Of course I have read horror stories about Harley Financing and crooked dealers. I was looking for some positive feedback on the forum.

The reason I am considering is because the Harley Dealer does all of the owner transfers (Title, Warranty if any, and make sure the guy/gal you buy the bike from pays off his/her loan to release the title) The dealer also does a complete maintenance check on the bike. I'm sure it depends on the dealer and how good the check is.

 

Thanks I am curious now how they actually work particularly the extended warranty bit .

 

The extended warranty is the same extended warranty they would sell you with any used bike....I don't ever buy them because I prefer to do all of my repairs myself.
I don't trust the hacks at the dealerships to turn wrenches on my motorcycles.

 

I know this is an old thread, but since I came across it through a Google search I thought I would leave my very recent experience.

I found a 2014 Iron 883 with less than a thousand miles on it, the seller agreed to sell it to me for his payoff, which is $6300. Quite a good deal I think.

I have bad credit, 613 to be exact, but applied for the rider to rider financing online just for the heck of it. I was told by the dealer when they called me the next morning that there is a $500 fee to the seller to run a full inspection on the bike and for pricing; basically this is how the dealership makes their money, according to the dealer at least. Sounds reasonable to me as I sold cars and was wondering how the dealership made anything on this.

Anyways, they said they could add the $500 into the deal in order to reimburse the seller. I was okay with that. They also made it clear they could run the loan and we could work out terms before the inspection. I'm assuming they would just do the inspection without actually charging the seller of I agreed on terms, but I didn't ask.

They approved me, with my bad credit and only 5 months on the job, but there were since stipulations. Had to prove that I had been working continuously for at least 6 months even if on multiple jobs, which I could do, prove residence, and show proof of income at my stated $42k per year.

On top of those, which are pretty standard, they wanted $700 down. The deal was 21.4% interest at 72 months which came to $167 per month.

With my bad credit, I was actually okay with the payments, but not the down. For starters, I'm just too tapped out right now with three trips in the past month, camping coming up, another family trip next month before school, school supplies/clothes, etc. Second, the bike is about $1300 under retail value, so I don't see the need for the down on this.

I'm going to decline the deal, maybe they'll back off on the down, I know when I sold cars many times we said we needed a down when in fact we didn't but wanted it to increase profit margin.

 

Just so you know and if you really want the bike they will let you put the down payment on a credit card!

 

I just sold a 883 Iron this morning through the Rider to Rider program. There was no mark up to the buyer, there was a 299 "admin" fee that he had to pay. The transaction took less than an hour. I would do it again with no hesitation.

I wasn't offered the $200 in store credit though.

By the way...I searched for this post instead of starting a new one so that Tampa Fat **** will shut his yap...

 

The financing works out great. It is provided by a bank in Nevada. The rate was 7.0 when I used it. You have the options of mailing, or transfering the payments. People are very nice. HD gets the plates and inspection for you included in the dealer fee. It's not a ripoff and actually makes the approval fly through. I had approval 30 seconds after info faxed.

 

Like rent a cop security guards, this forum has its tampa fatboys but the fatboys work for free.