loans??

[cudaman]

i was just wondering if it was a good idea to get a loan to buy a quad. what are some of the requirements to get a loan. i just turned 18 so i dont have any credit but i think i can get my dad to cosign. has anyone else ever gotten a loan to get a quad. does anyone have any good ideas on getting the best loan possible. btw this loan will be buying a 250r. i dont want anymore then 4 or 5 grand.

[lil400exman]

i got one for my 400 and i bought my 400ex for 3k and my payment was like 92 dollars a month giving thati have good credit.................and this was 36/mo loan...................:) loans are great man just dont miss payments...........;)

[y2k400ex]

its a good eay to build credit you should be able to get one if one of your parents co-sign with you. I got a 5800 loan when I was 19 for my 400ex. after it was paid I quilified for a car loan for 18000 on my own :D . Tell your parents it will help you build credit :devil

[cudaman]

alright. thanks. any other ideas. like where to get a good one. how to qualify, other details.

also anyone elses experiences would be great. im going to show this to my dad.

[exriderdude]

just get one from whatever bank your parents are through.

[GNCC#829]

I think that yo will have a hard time getting a loan on a 250r. Alot of times banks won't loan you money for a vehicle that is more than 4 or 5 years old. Just something to think about.:ermm:

[cudaman]

Originally posted by GNCC#829
I think that yo will have a hard time getting a loan on a 250r. Alot of times banks won't loan you money for a vehicle that is more than 4 or 5 years old. Just something to think about.:ermm:

well my friend got one a couple years ago for his 250r. So i guess all i can do is try.

[JabberJaw]

You have to pick the right bank..... don't use "Smith & Wesson".

[cudaman]

well it will be either bank of america, first bank(only in san luis obispo) or the credit union.

[lil400exman]

go with the credi union loan rates and service are 10x better than banks imo................i am refinancing my jeep right now........from 10 percent to 6 percent.............i think i might have her paid off this summer.....:D :cool:

[cudaman]

yeah im hopeing to get enough two buy a quad and pay off my 96 ranger. theres only a lil over a grand left on it so i figured i would get that paid off so i can drive it.(long story, stupid parent)
anyway. anyone elses opinions. i need good reports about loans so i can convince my dad.

[lil400exman]

theyre a great thing if u need cash and dont have any right on hand. i like em use em all the time it works well for me.....................:p

[zephead400ex]

State Farm Insurance now offers loans. They have competitive rates, might check them out too.

peace

[cudaman]

k ill check them out too. anyone else?

[QuAdRaCeR244]

If you need a loan...call Cass County Bank.




call them at 402-296-3333 or go to www.casscountybank.com

[EHSRACING]

when your gettin a loan something to think about is ins if you get a loan on the quad they will most likely make you carry full coverage on it comp/collision/liabilty which is big $ in ny where im from probably more than your loan payment if you get a personal loan you dont have to carry ins but they are harder to qualify for sometimes you could use the quad as collaterall and the might not make you pay ins. shop around also credit is very good thing to have and takes time but there are a lot of things that will hurt it that they dont tell you about like applying to many times for credit getting to much to quick stupid things even though you pay on time everytime you can still get screwed which sucks i found out when i was 18 i got every department store cc i could then wheni wanted a real loan i had trouble