Budget Bikes Inc. offers several financing options for your convenience. These options can be used for parts, service and repair, or to purchase your new ATV, Motorcycle, Scooter, UTV or Go Kart.
If you have an established lending relationship with a financial institution, Budget Bikes Inc. recommends financing with them for the best interest rate, longest term, and lowest payment option.
If you do not favorite lender, Budget Bikes Inc. also offers the following "credit check" and "no credit check" options for customers who do not want to run a credit check at all, or who want to establish a new line of credit:
OPTION ONE: Budget Bikes Layaway Plan
Budget Bikes Inc. offers 90 Day Layaway for any new vehicle in our inventory! Just put down approximately one third of the total purchase price including tax and take up to 90 days to pay the balance. There is no fee for this service. Budget Bikes will set aside the vehicle you select for the layaway period. The balance must be paid in full prior to the end of the layaway period. Unlike other dealers, Budget Bikes will GUARANTEE your color choice because Budget Bikes will actually set aside the vehicle for you. Please note that deposits are non-refundable since we will be taking your vehicle off of the market. Deposits may, at Budget Bikes' option, be converted to store credit if the balance is not paid within 90 days. Deposits CAN be applied to another vehicle during the first 60 days if the customer chooses to do so.
NOTE: Budget Bikes Inc. recommends that you complete your financing application process BEFORE you come to the store to avoid long waits or a need for multiple trips for documentation, etc. There may be times such as holiday periods when we do not do in-store applications at all due to high volume. The application process may require some documentation not listed here, and it is best to have this determined before you come to the store, especially if you are driving a long distance. Please note that there may be a waiting period of a few days before you can pick up your vehicle in some cases, so again we recommend applying for your financing before you come in. You can also complete your financing and your vehicle shipped to you.
OPTION TWO: Conventional Financing (Credit Check)
OneMain is a nationwide lender that offers conventional credit check loans for powersports customers. These loans may or may not be secured by the vehicle you are financing and interest rates will vary according to your credit history. OneMain does not charge any application fee and will usually give you an answer in one hour or less during business hours, Monday through Friday. Click the application link below, or you can apply by phone by calling the toll free number to be connected to you local office at 1-800-961-5577.
OPTION THREE: Nextep Funding Easy Approval (Credit check required)
Have a low credit score, or no credit record at all? No problem! Trying to rebuild your credit? Nextep Funding can help!
Nextep Funding is a second-chance lender that will accept scores as low as 500, and will report your payments to credit bureaus, providing a perfect opportunity for you to re-establish credit. Nextep will also AUTOMATICALLY grant you a $1000.00 approval if you have no credit record at all! To apply with Nextep, click the button below and complete the application. Once completed and approved, call or stop by Budget Powersports and we will generate your contract which will be sent to your email. Just use the built-in Ecosign feature to sign the email and you are done! You can pay your deposit at the store or by phone and pick up your vehicle or have it shipped immediately!
There is a 5% document origination fee charged only if you actually purchase (application approval is free) and your interest rate will depend upon your approval.
Plenty of Financing Plans to Choose From!