How to Finance Your Side-By-Side

Financing a side-by-side or powersports vehicle isn’t always as easy as financing a house or car. Because these vehicles are considered recreational, it can be much more difficult to qualify for a loan or receive an offer with affordable terms. However, while a bit more difficult, financing a side-by-side is not impossible. With our helpful tips below, you’ll find that financing your side-by-side can be easy, affordable, and a great way to get your hands on your new vehicle in no time flat!

Save Up 

Many buyers assume that because they’re going to finance their new side-by-side, they don’t need to save up for a down payment. However, this isn’t true at all! Most dealerships will require you to pay at least ten percent of your vehicle’s price tag out of pocket to ensure you won’t default on your loan. Therefore, we recommend you start saving now so you can walk off the lot with your new side-by-side as soon as you find it. 

Raise Your Credit 

Your credit has a lot of influence over your loan, including interest rates, term lengths, and even the types of loans that are available to you. As a result, you want your credit score to be as high as possible before you start applying for financing. To quickly raise your score, try to use at least ten percent of your credit card’s credit limit, and pay it off on time when the bill comes each month. 

If you’re having trouble finding affordable financing options for your new side-by-side, we recommend visiting us here at Freedom Cycles! On top of our extensive inventory of side-by-sides and powersports vehicles, we also offer helpful financing options and trade-in services. If you’re located nearby in Kansas City, Missouri, or Overland Park, Kansas, be sure to stop by our location here in Grandview, Missouri.