Wats the average monthly payment on a bike

Nick Ortiz | Sep 26, 2018 | Category: Motorcycle dealer in Philadelphia, Pennsylvania

Philadelphia Cycle Center - All questions

Address: 2450 Castor Ave, Philadelphia, PA 19134, USA

Philadelphia Cycle Center | Sep 26, 2018

It depends on how much the bike is, the length of the loan, and the interest payment. Typically for a five year loan of $10,000 at 6% interest, the payment with no initial down payment is $200 a month.

Joshua Nieves | Sep 26, 2018

Well if you're trying to save money...... You could look at a great looking used bike..... That's one other way to get a better deal.....

Bill Tux | Sep 26, 2018

Depending on the bike purchased and down payment will determine the exact monthly payment. Assuming it's a new motorcycle, expect it to be approximately $200-$300. If you want to have lower monthly payments you can opt for a longer loan repayment period.

Big Smilez | Sep 26, 2018

It depends on your credit rating and how much you put down

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