First, how much do you expect to spend?
Financing That Lawn Mower
Riding mowers are an expensive piece of lawn equipment and even an entry level one can cost 1200 dollars or more. Want something a little wider or a little more well made, like a John Deere and you could easily go over 2000 dollars. Not everyone can come out of pocket for that kind of money and not everyone can qualify for dealer riding lawn mower financing. Luckily, we can help. Even if you have bad credit, you may be able to get an offer from one of our lenders.
Take a minute and look at the benefits of getting a loan for your riding lawn mower online.
Easier Approval With Bad Credit
If you have bad credit, you know all about the challenges of getting financing, especially with dealer finance companies. It seems these places only want the best of the best when it comes to credit rating.
With online financing, you are not dealing with just s single lender, there are dozens of them. This makes getting an approval a much easier proposition. More lenders means more chances of getting a yes from one of them. If approved, you will only get an offer from one lender but having more lenders available greatly increases your odds of getting that yes.
Why travel all the way to a riding lawn mower dealer just to be turned down? With an online lender, you can do everything from the comfort of your home.
It takes just minutes to complete your quote form and then yo get your answer fast. It is hard to beat the internet for convenience which is why just about every product and service is moving online.
If you know that you have bad credit, you also know that there is a chance that you are going to get denied. There is nothing worse than going to a dealer, picking out a model and then getting your hopes slashed when you get denied. Not only is it disappointing though, it is also embarrassing, having to do the walk of shame out of the lawn mower dealership.
With online lending, nobody has to know but you and your computer. If you get approved for your riding lawn mower loan, great. If you do not get approved, there is no embarrassment involved.
Shop With Cash
Last but not least, is the ability to shop for your mower like a cash buyer. If approved for an online loan from one of the lenders in our group, they will pay you in cash. They will actually deposit the money directly into your bank account which is something that has a number of perks.
First and foremost, it allows you to shop like any other cash buyer. You will be free to take your business to the dealer that has the best prices and the exact model that you want. You are not held captive by a certain dealer just because you were approved there.
Second, you can use any excess money as you please. Make a great deal? Use the extra money to buy more lawn equipment or even a toy for yourself like a fishing kayak. The money is yours to do with as you please.
Getting Your Riding Mower Offer
Now that you see the benefits of financing your riding lawn mower, take a look at how you go about getting it.
Complete Your Quote Form
The first step will of course be filling out your quote form, located at the top of the page.
Nobody likes filling out forms, but this one is incredibly easy. It will take the average person about 2 to 3 minutes to fill out and even less if you use auto complete on your browser.
Once you have filled out your form, read the terms of service and hit submit.
Wait For Your Decision
Now, you just have to sit back and wait for your riding lawn mower financing offer. It will not take long to get a decision though, so do not worry.
If approved, a single lender will make you a loan offer. You will then be directed to their website to view the details of the loan and to complete any final steps.
Review Your Loan Offer
This is the most important step of the entire process. You need to know exactly what you are getting into. Not every loan is a good one and even if you need the riding lawn mower, it might not be in your best interest to accept it.
Make sure that you know the total cos of the loan and find it acceptable. Also make sure that you can afford the loan payment. Fit it into your budget and make sure that you will have enough money to pay it and pay the rest of your bills comfortably.
If you like the terms of the loan, great, you can accept it. If you do not like the terms of the loan, you may be better off just turning it down and looking at other options.
Alternatives To A Riding Lawn Mower Loan
If you decide not to accept your loan offer, the grass still needs to get cut. Here are a few possible alternatives.
Although you do run the risk of buying someone else’s problems, a used mower might be the solution to your problems. If you are careful and shop well, you might just be able to find a used mower that can get you through a season or two. This approach works best at the beginning of the cutting season and the end. These are times when people are either upgrading or shutting down after the grass stops growing.
Ask A Neighbor
If you live in a friendly neighborhood, you might be able to coerce a neighbor into letting you borrow a mower or getting them to mow it for the price of a six pack or perhaps a pizza. People are often willing to be more helpful than you think. If you have a neighbor with a fancy new zero turn mower, this method works very well .They are usually eager to show off their machines.
Limit Your Cut
If you live in the country and have 2 acres, limit your cut. Let an acre and a half grow wild and then cut an acre around your home. Although a half acre is a lot of grass, this is doable with a push mower. Once you have the finances or credit to get a riding mower in the future, you can catch up.