March 30, 2007, Newsletter Issue #20: Motorcycle Loans

Tip of the Week

Capital One Auto Finance Tip: Although some people buy motorcycles on a whim, if you do a little research to find the best motorcycle and the best interest rate on a loan, you will find the perfect motorcycle for you and save some money while you're at it. Motorcycle loans are similar to car loans in the sense that you can apply for the loan before you even start shopping for your motorcycle. Having a pre-approved loan gives you the powerful negotiating power of a cash buyer because you can walk into the motorcycle dealer's office with a Blank Check in your hand, ready to make the purchase. This means that you don't need to bother with the financing department at the dealership, and can instead concentrate on negotiating the very best price for your motorcycle purchase. Applying online for a motorcycle loan is free and incredibly easy, and you will have a reply within minutes if you apply during normal business hours. That means you can apply for a loan, get it approved, and go purchase your motorcycle all in the span of a day or two.

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