Looking to get a new go kart? We can help you with that by getting you a fast and free loan quote. Even if you have less than perfect credit, you may be able to get an offer. Take a few minutes and find out and, if approved, you could be shopping for your go kart as a cash buyer.
Finding Go Kart Financing “Near Me”
If you want to finance a go kart locally, you would typically have to visit a powersports dealer. Most will have one or perhaps two finance companies that they work with. This is a great solution if you have good to excellent credit.
The problems start when you have less than perfect credit. Because these finance companies often offer special financing deals, you typically have to have good credit to qualify and they often will not even work wyth those who have bad credit.
An Online Financing Option
There is another option if you need go kart financing and that is turning to an online lender. This is where we can help. No, we do not provide online loans ourselves and no, we do not make credit decisions. What we do is something better. We get you access to a larger group of online lenders. More lenders means more chances to get a YES, even if you have heard NO before.
Getting this offer is very simple. Just head up to the top of this page and fill out the secure quote form. Most people can complete this form in a manner of minutes. Once you finish, simply agree to the terms and then submit it to the lending group. If approved, one lender from the group will make you an offer and you will be directed to their website to review it.
This is a very important step, so do not rush into things. Make sure that you take the time to read all of the terms of your go kart financing offer, especially with bad credit. A go kart is obviously a luxury item so you need to make sure that the loan terms are not too unfavorable. Here are some things to consider:
- Is the payment affordable?
Take a look at the payment that your lender is requiring. Plug the payment into your budget and make sure that you will have enough money to pay all of your bills after paying for your go kart. If not, you need to rearrange your budget, add some income or simply not take the go kart loan. - Will the loan cost too much?
Look at the total cost of the loan, which will include all fees and/or interest that you will pay over the life of it. Make sure that the total cost of the loan is not too high for you. If you will end up paying back twice what you borrowed, is that worth it for you? Only you can answer this question. - Is there another way?
Loans are easy and convenient, but they may not be the only way to get a go kart. Consider others such as selling some property, buying used or perhaps even opening a savings account to save for the purchase. It might not be as easy as a loan, but there would be no credit check.
Getting Your Go Kart Loan Money
If you decided to accept a loan, your lender will deposit cash directly into your account. They do not work with dealers, they simply give you the money. This has a number of advantages because it is nice to be a cash buyer. Here are some of the benefits.
- Free to shop anywhere.
With store credit, you would be forced to shop at one location. This not only limits your go kart options but also may increase what you have to pay. If a dealer knows you must shop with them, it gives them little reason to discount the purchase price. - Ask for extra money.
With an online loan, your lender is loaning you money directly. This means that you can ask for more than just the money for a go kart. Need a utility trailer to pull it? Request a little extra cash and make it happen. - You can buy used.
If you really want to save some money, you can buy your go kart from the used market. Save hundreds of dollars.
Buying Your Go Kart
Okay, you have your money and you are ready to buy your go kart. Now what. Your biggest consideration is where to buy it and you have two main choices.
Powersports Dealer
This is probably where you plan on going if you want a high quality go kart. These dealers will sell all sorts of go karts ranging from Chinese manufactured economy machines to the latest and greatest monster go karts. Prices can range from anywhere from 1000 dollars to well over 4000 dollars, depending on exactly what you want.
The good thing about getting a go kart from a dealer is that you can get just what you want and it will be new. No dealing with someone else’s problem like you might have to do with a used vehicle.
Used Market
Even though there are risks to buying used, it can save you hundreds if not thousands of dollars. People buy these things all of the time and then figure out that they really do not have the time to use them. The result is that they have to sell them for a loss and that is where you come in.
If you decide to go the used route, be sure to test out your machine thoroughly. If you are not mechanically inclined, try to bring someone along who is.
