How can i refinance my motorcycle i just baught?

Chris L asked:


I just financed a gsxr 1000 through the dealership and the interest rate is sky high. how and who do yall recomend to refinance.

Angela

Tags: Interest Rate, Motorcycle, Recomend

This entry was posted on Saturday, January 17th, 2009 at 11:02 am and is filed under Buying & Selling. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “How can i refinance my motorcycle i just baught?”

1. dulcrayon Says:
   January 20th, 2009 at 11:39 am

   you got yourself a problem. it will only finance for, maybe, 60% of what you owe. you will need to either come up with the difference or have a good enough relationship with some financial institution that they will finance it on your name. not likely, insurance co’s and financial institutions look on that bike as a suicide machine. look on the bright side-one helluva ride

2. CarMan Says:
   January 20th, 2009 at 3:41 pm

   The probable reason for your high interest rate is your credit rating. If you attempt to refinance with another loan company, they will see the same credit rating and offer you the same or higher interest rate. Sorry, but you should stick with the deal you have.

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