A Beginner’s Guide to Financing a Golf Cart
If you want to purchase your dream golf cart without breaking the bank, get it financed. Thankfully, various options are available, and you can choose a plan that works for you. Here’s an overview of a few financing options to help you determine the one to pick.
Golf Cart Loans
Many buyers choose to apply for a loan from a bank or credit union. Typically, this type of loan has a fixed interest rate and monthly payment over an agreed-upon term.
The benefit of opting for a golf cart loan is that it offers predictable payments that you can secure against the value of your golf vehicle. This means the lender will use your vehicle as collateral—if you fail to make your payments, they can repossess your vehicle. However, there may be restrictions on what you can get financed, new or both new and used models.
Buy Now Pay Later
With this type of financing, you can make your purchase upfront, then spread out your payments over an agreed-upon period. This is generally 12 months or longer, but you can extend it if that works better. The best part of this plan is that you can repay the loan without paying any interest during that time.
Explore Financing Plans at Carts Gone Wild
Carts Gone Wild is your preferred golf cart dealership in Indiana. We are committed to helping our customers purchase their favorite golf vehicles quickly and efficiently, and we can help you too.
Visit our dealership in Haubstadt, IN, to explore our current financing plans and let our finance experts help you set up a customized plan that works for you. We strive to offer the best rates possible and will walk the extra mile to ensure you get your favorite model without making too many financial adjustments. Carts Gone Wild happily serves Haubstadt, Evansville, and Indianapolis, IN, so reach out today.