Tips for Financing a Golf Cart

Golf carts are one of the most versatile vehicles you can buy! Our team at The Sports Center can help you find the perfect golf cart model for your specific needs. Whether you’re looking for a traditional model for golfing or you want a street-legal option to enjoy in your hometown, we have the right solution for you. However, it’s important to know how you’ll complete the purchase!

1. Have a Down Payment

When it comes to financing a golf cart, you will want to have some sort of down payment. The more you can put down the better; you’ll reduce your total loan amount and reduce your interest rate. In some situations, a down payment may actually take the form of a trade-in. Just make sure to evaluate your total loan amount to make sure you get the best numbers possible.

2. Know Your Credit

As you go through the financing process, it will also be important to know your current credit scores from each credit bureau. This will avoid any surprises and help you determine what you qualify for before you make any decisions or begin any applications.

3. Apply for a Loan

Once you know your scores and are prepared to provide a down payment, you can apply for a loan. Make sure to pay close attention to the loan details, like the rates and terms. It’s also important to understand what happens if you were to default on any payments.

4. Know Your Budget

Finally, make sure your purchase falls within your budget comfortably. You don’t want to commit to a monthly payment that will be difficult to make! Your budget should reflect the model you choose in order to get the best option available to you.

Visit us in Perry, GA, to have a look at our current selection of golf carts. Our team can discuss your financing options! We proudly serve the Macon and Columbus areas.