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Old 06-09-2006, 04:03 PM   #1 (permalink)
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busterk9's Avatar
 
Join Date: Jun 2006
Bike: 2006 Kawasaki Ninja 650 R
Location: SiN CiTy BaBy!
Posts: 30
Default Loan % Rate

Soooooo... I went to Wells Fargo today to see about a bike loan for the M50. Now, I have my home, checking, savings, everything through Wells Fargo.

The lady told me the lowest rate is 11.??% (I forget the last part) and it goes up to almost 22%.

Being that 11% is the lowest they offer, is it just me or is that kind of high? Seems high to me.

I am going to the Suzuki dealer and check out their promotions. I have read the fine print and know how it gets jacked up down the road, but I would have it paid off by then. I am planning on putting about 1/2 down.

So, does 11% seem high to you guys? I haven't had a loan for anything for a long time.

Thanks!