CVO Social > In The News
Harley selling loans
scottt:
https://www.google.com/url?sa=i&source=webhp&cd=&ved=2ahUKEwiDmpXolofjAhVeIDQIHc_gDOUQzPwBegQIARAC&url=https%3A%2F%2Ffinance.yahoo.com%2Fnews%2Freally-another-worrisome-sign-harley-013500481.html&psig=AOvVaw0sjXusuugtpKeIDqwbYf63&ust=1561639553653162
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muddypaws:
Anything to get some cash...
iski:
6 year loan to buy a MC to me seems incredible, but it's the current HD average. Long time frame, lots of buyers probably never get upside on these loans before they trade again. It does indicate a lot of buyers cannot afford the downpayment which could indicate they really cannot afford the bike they are taking out the loan on.
Motley Fool has a long history of dissing HD, so I take that into account but the indicators for HD are not good from several aspects.
Twolanerider:
Have seen signage at the local shop saying 84 month loans were available. 84 months! I thought financing a non-necessity at all was nuts. But 7 years? Geez.
dayne66:
The only reason I'd finance is on a low rate to keep the cash to invest and pocket the spread......last bike 'earned' me almost $10,000....although that was only Can-bucks!
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