Why Finance Your Golf Cart: The Benefits
From comfortably navigating the fairway to making neighborhood travels a breeze, golf carts are the most fun and efficient way to get around and make short trips pleasurable. Higher-end golf carts can be costly but more effective purchases in the long run. Financing your golf cart is a highly effective way to stretch your budget and secure the model most suitable to your needs and your family's needs.
Because we here at Mikey's Motors believe in getting everyone the vehicles they need as quickly and affordably as possible, we've compiled this brief guide outlining the main benefits of golf cart financing. Read on to learn more, and reach out to our financing team to get started today!
Why Finance Your Golf Cart?
Financing your golf cart (sometimes referred to as getting a "golf cart loan") carries numerous benefits that come from an immediate increase in buying power. It provides you the cash needed to cover the majority of the sticker price, in exchange for a promise to meet monthly installment payments over the loan's term. With a golf cart financing plan, you'll be better positioned to land the right deal and make a better long-term purchase than would otherwise be possible.
Numerous other advantages stem from securing a suitable golf cart loan, and the following are just some of the most significant benefits we provide for our customers each and every day.
Convenience and Flexibility
Not only does a financing arrangement enable you to purchase a golf cart sooner, but the payment plan can also be structured for varying levels of flexibility. For instance, if you'd like lower payments, you're free to pay more of the upfront costs. This may require some savings, but it's still much less than if you had to cover the entire price at one time. You'll be able to act faster for a lower down payment, assuming the higher monthly costs are an acceptable compromise. With our dedicated financing representatives, striking the right balance is easy.
Get It Sooner
Not everyone can pay the entire sticker price of their preferred golf cart upfront. Doing so usually requires a long-term savings plan and a delayed purchase. Financing, on the other hand, only requires an upfront down payment of around 10-20% of the sticker price, dramatically lowering the barrier to ownership. Financing options are available as low as 0% for qualified buyers, see if you are pre-qualified today. Sheffield Financial’s partnership with Mikey's Motors brings you financing with low competitive interest rates and flexible loan terms. You'll be able to walk in, confident you have the buying power to make a purchase, complete with the features you want, as soon as you see the right model. You'll often need to act fast because the golf cart you've set your eye on could be purchased while you're busy planning the finances, especially at a popular dealership.
Preserves Cash Flow
With a golf cart loan, you're able to preserve your current cash flow with minimal loss of liquidity. For a much smaller reduction of available funds each month, you can avoid the massive cash crunch that comes from making a major purchase all at once. How much you can maintain liquidity throughout the loan's term depends on the specific financing arrangement you choose, and our financing specialists are here to work with you until the details are all ironed out according to your needs.
Access to More Options
With lower financial barriers, you'll be much less limited in your options. Financing makes it possible to afford many more golf cart options, as you're able to spread the payments over time with monthly installments. You can then find a better fit for your needs and without breaking the bank. You'll also be able to afford high-end versions of the same vehicles. Once out of reach, top-of-the-line models, upgrades, and customization options become entirely up for grabs! Financing allows you to get all the bells and whistles you dreamed of, all at a reasonable price.
Get Upgraded Models
Sometimes, committing to a fully out-of-pocket purchase can be a much costlier move if it means buying a lower-quality golf cart. Instead, it makes much more sense to expand the range of available models, so you can make a smarter decision based on the total cost of ownership, which includes any of:
- Future maintenance needs
- Sourcing old, out-of-stock components
- Lower-efficiency charging
- Upgraded parts
- Mechanic repair bills
By securing the highest-quality golf cart available, even if you have to stretch your budget here and there, you stand much greater chances of having a low-maintenance model that will serve you and your family for years to come.
Explore Our Financing Solutions and Drive Away in Style!
Can you finance a golf cart? Chances are, absolutely! We provide a wide range of financing options to provide our customers with the best services catered to their exact budgetary needs. Our skilled and experienced financing specialists want to help you secure the best deal possible because our purposes are fully aligned with yours.
We also take care of all the cumbersome paperwork, ensuring you have the most stress-free shopping experience possible. When you're ready to check out our wide range of available golf cart financing options, contact Mikey's Motors at our Murfreesboro or Franklin, TN, lot! We proudly serve the people of the greater central Tennessee region. Stop by either of our conveniently located dealerships or get in touch with us today.