Anybody have any experience with the Harley Rider to Rider Financing program. I am about to buy a bike in a private sale and was looking at this as an option.

Thoughts, comments?

 

If I'm selling a bike I want all the cash in hand. I have zero interest in being a bank to a complete stranger or even someone I know. I'll be damned if I'm going to be responsible for collection and/or repossession.

 

Do you have any idea what you're talking about?

No, I don't think so!

I'll help you with this...
Rider to Rider Financing is a way for you to sell a bike and the buyer can finance it through Harley Davidson Motor Credit.
You get your asking price and the buyer gets to make payments, Just like they bought it through the dealer.
The buyer can also get an extended warranty through Harley Davidson as well.
The transaction has to be completed at the dealership in order to do the deal.

It's kind of a good program because it allows a guy to have a wider base of possible buyers for his bike than just people that happen to have that much cash on hand.

 

Cool. I learned something new. Carry-on.

 

As long as they offer a competitive interest its no different than financing at your local credit union. Of course there could be the free year membership to the HOG with the Harley financing.

 

I suspect it also limits the whole deal too by age & mileage on the bike and the fee cut has to be steep .

 

Wish I had known about this.

 

I'll let you know, I'm getting ready to sell an '04 Heritage with 22,000 miles on it and I'm going to advertise it with "Financing Available" and offer the Harley credit deal to interested parties.

We'll see how it goes.

 

Do you know if HD is providing this service free of charge to you, or do they take some % of the transaction for hooking you up with a buyer?

Or perhaps the buyer is getting charged "a little more" for using this method?

 

Good luck on your sale. I think that program might open up more buyers available to you.