Dealers want to make sure your customers come back to you to buy their next bike?
Benefits of Leasing a Motorcycle:
Leasing a Motorcycle is similar to financing the purchase of the Motorcycle in many ways, but there are some key differences. You might be able to get more Motorcycle for less money by leasing. That’s because a Motorcycle loan is based on the full price of a new Motorcycle, while a lease is based on only a percentage of the Motorcycle’s price. For example, on a $20,000 Motorcycle, you’d finance the entire $20,000 purchase price with a Motorcycle loan. With a Motorcycle lease, you only pay the difference between the Motorcycle’s price and what it’s expected to be worth at the end of the lease, which is a Motorcycle’s residual value. So if the Motorcycle’s residual value is 55 percent after three years, for example, that means the $20,000 motorcycle would be worth $10,500 at the end of the lease. You’d make lease payments on the remaining $10,500 and not the full $20,000. If you only have a small down payment saved up, leasing may also be better for you. Motorcycle leases require anywhere from $0 to several thousand dollars up front, though the down payment is negotiable. Many advertised lease offers will promote low payments, but require a sizable down payment. If you enjoy having the newest high-tech features, leasing could be the better choice for you. Since you’d be leasing every few years, each new Motorcycle you lease will have the latest and greatest technology and safety features. With a leased Motorcycle, you don’t have to worry about selling the Motorcycle or getting a good price for your trade-in. When the lease is up, you can simply turn in the Motorcycle and walk away.
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