How does an Motorcycle or ATV Loan work?
We will loan you the money for a new or used motorcycle or ATV, and you will pay it back with interest over a specified period of time. It doesn’t matter if you buy your motorcycle or ATV from a dealer, a manufacturer, or an individual.
It’s good to plan ahead by getting preapproved for your Motorcycle or ATV Loan. That way you can have a better idea of what price range you should be shopping for. Being preapproved also gives you good negotiating power with the seller.
Elements can finance up to 90% of your motorcycle or ATV’s value, including tax and license. It’s a good idea, though, to put down at least 20% of the purchase price. Of course, the more you pay up front, the lower your monthly payment will be.
When you’re considering two wheels versus four or an all-terrain vehicle, you can count on Elements for financing.