Looking for financing for a moped can be challenging, especially if you have bad credit. Luckily, we may be able to help you get an offer. If approved, you can then shop any dealer as a cash buyer. First, how much do you want to spend?
Cash For Your Moped
A moped is a great, environmentally friendly way around, but they are not cheap. The entry level price is around $2000 and the cost can easily exceed $6000 if you want a higher end model. We can help you get motorcycle financing that you can use to purchase your moped. Even better, it will be a cash loan that will allow you to shop any dealer that you like.
Ready to get your financing offer? It is a very simple process.
Get Your Online Quote
Just head up to the top of the page and enter in how much you expect to spend. Then enter some basic personal information and the account where you want your money sent. Finally, agree to the terms and submit your quote form.
That’s is. now you just need to wait a few moments for your offer. If approved for moped financing, one of the lenders in our lending group will make you an offer. In order to view this offer, you will be redirected to this lenders website.
Reviewing Your Offer
If you get an approved offer, you need to take the time to review all of the details of your loan. This is particularly important if you have poor credit.
The first thing that you should look at is the potential loan payment. Make sure that you can actually afford to make it. Never assume that things will just work themselves out.
If you can live with the loan payment, next consider the total cost of the loan. Is the cost of financing worth it to you? Loans can be expensive, especially with bad credit. If this moped is just for fun, you should probably not take on a costly loan.
Buying Your Moped
If you decided to accept your offer for moped financing, it will soon be time to make your purchase. As soon as your lender deposits money into your account, you can start shopping just like any other cash buyer. Don’t rush in though, you would not want to be stuck with a moped that isn’t perfect for you. Here are a few things to think about.
Gas Or Electric?
Do you want to go completely green with an electric scooter or do you want the power of a gas engine?
If you only travel short distances, an electric might be the better choice for you. it would meet your travel needs without the mess and maintenance of a gasoline powered engine.
Travel further? A gas engine would probably a better fit because of the extended range. They are also faster and will get you where you are going much quicker.
New Or Used?
Want to save money on your moped? If so, then you might want to consider a used model. Just make sure to thoroughly check out your possible purchase before you buy. If you are unfamiliar with mopeds or are not mechanically inclined, consider bringing someone with you who is.
Shopping used can save you thousands of dollars. Use the money to buy yourself a new toy like a Mavic drone or something else you have been wanting.