Trike Financing - Who did you use?

The '03 RK was paid off, CSC trike kit was $13,500 (kit, shipping, labor) plus $1,000 for the extras I wanted from the shop, so $14,500 total. Went to our bank (Bremer), got the loan for the full amount. They needed the title to the RK and my '05 Dodge truck to cover. Once it was triked, I brought in an estimate from the shop that did the work showing $28,000 value if they were to sell it and the trike so the bank officer could look at it and take pictures. They dropped the truck as collateral. Payments are $450 at 4.375%.
Blue book on the RK is $10,500 and on the CSC kit $17,000.

Talked to HD on trading for a TG before I triked the RK. They would give me $6,000 trade plus wanted another $6,500 cash on a '13 TG. Not a good deal.

Pops
 

Welcome to the Trike Talk Community

Join our vibrant online community dedicated to all things Trikes! Whether you're a seasoned rider or just starting out, this is the place to share experiences, tips, and stories about your three-wheeled adventures. Explore modifications, maintenance advice, and rides, all while connecting with fellow trike enthusiasts from around the globe

Forum statistics

Threads
55,291
Messages
786,236
Members
22,757
Latest member
Eddienorman
Back
Top