What type of golf cart should I buy?
E-Z-GO has partnered with Sheffield Financial to provide fixed, straight, installment loans for purchases of E-Z-GO vehicles. Sheffield offerings include: 1.99% Interest for 48 Months. 3.99% Interest for 60 Months. Get an E-Z-GO Valor for as little as $115 a month with a 10% down payment. Monthly Payment Estimator. APPLY HERE.
How far should a golf cart go on one charge?
Secured loan – Your banks and credit unions will provide a loan where your golf cart itself serves as collateral for the loan. Many lending institutions claim they will loan on as low as $1,000 and for as low at 4.5%. You’ll want at least a 650 credit score for this. Check out our used golf cart checklist if you’re going the used golf cart route.
Where can you rent a golf cart?
The first step is to estimate how much money you want to spend on your golf cart. A used golf cart can often be purchased for $2000 to $3000. If you want new, you are looking at a price of closer to $8000 to $10,000. Once you enter your price, you need to enter some information about your income and, of course, contact information.
Is golf cart insurance worth it?
9. Golf Cart Financing in Charlotte, NC. Golf Cart financing is similar to a car loan. At Platinum Custom Golf Cars, we can finance your golf cart with loads of extras including custom wheels, (27) … Beech Creek Golf Carts is a dealer of new and …
What credit score is needed for a golf cart?
To finance a golf cart purchase with Roadrunner*, a “sub-prime” credit score will suffice. These credit scores are between 580 and 620.
Is a golf cart a good investment?
Many first-time buyers are surprised by the price of golf carts relative to more mainstream vehicles. Golf carts are not cheap! All the more reason to do your due diligence to help increase the chances that the cart you get will end up being a good investment for your money and lifestyle.Mar 19, 2021
Can you negotiate used golf cart prices?
Q: Can I haggle on golf cart prices? The effectiveness of price haggling will vary depending on the dealer whom you visit. Some dealers will knock a little money off the price of the cart if they think that they can make a deal with you. Others may be stricter and may be less willing to negotiate on cart price.
What should I consider when buying a golf cart?
10 Things to Look for When You Buy Used Golf CartsIs the Golf Cart New or Refurbished? ... How Old Is the Golf Cart? ... Is It a Gas or Electric Golf Cart? ... If Electric, Are the Batteries in Good Condition? ... Are the Tires in Good Shape? ... How Does the Golf Cart Run? ... Who Is the Manufacturer? ... Is the Cart Itself Damaged?More items...•Jul 30, 2018
How long do golf carts last?
For example, some experts estimate that the average golf cart has a useful life range of about 5-7 years. That said, golf carts can still be used for 10 years or more depending on how well they are maintained and how much money a buyer wants to put into their vehicle.
Is a golf cart a waste of money?
Golf carts are only a good investment if you use the cart regularly. Renting a golf cart typically costs $25-$100 daily. Buying a cart costs between $1,600-$11,000 depending on the cart's age, condition, and make. If you only need a cart every few months, rent a golf cart.
Do golf carts hold their value?
Essentially, the golf cart market is flexible, and it allows owners to flip their old cart for a new one without affecting their bank. A product that is accepted by the majority in a market will hold its value because there will always be someone interested in buying what you have.
Are electric golf carts better than gas?
Reliability: Both carts are very reliable, but newer electrics do generally last longer than gas. On an electric cart, there are fewer parts and therefore fewer parts to go bad. with a gas cart, you have clutches, carb, fuel pump, belts, valves, starter and more.
How do I find the value of my golf cart?
The best way to value a golf cart is by looking at the make and model, condition, and year of the golf cart. Additionally, you will need to know if the golf cart is electric or gasoline powered. Lastly, you will need to know the age of your batteries.
What is high mileage for a golf cart?
An average electric golf cart with a 48-volt system can go for 40 miles on a single charge up to 80 miles if driving through flat and level surfaces.Dec 26, 2017
How long will a 48V golf cart run?
How Long Will a 48 Volt Golf Cart Run? A 48 volt golf cart, depending on its amperage can go from 12 miles to 35 miles.
Whats better ezgo or Club Car?
E-Z-Go Golf Carts, while cheaper than Club Car golf carts, do not offer the same quality. The motors used in most E-Z-Go golf carts are not nearly as powerful as the motors used by Club Car. When going up hills or carrying a heavy load, the motors in an E-Z-Go golf cart tend to struggle.
Financial institutions and Banks
Secured loan – Your banks and credit unions will provide a loan where your golf cart is used as collateral for the loan. Many lending institutions claim they will loan on as low as $1,000 and for as low at 4.5%.#N#You’ll want at least a 660 credit score for this.
Credit Cards
If you already have a credit card with a high enough balance, then you can just use the credit card to pay for your new ride. You’ll want to make sure you can handle the new monthly payment with the interest rate that your credit card has. This will make it easier to get the golf cart and to keep you from having buyer’s remorse.
Golf Cart Dealerships and OEM Financing
All the major golf cart manufacturers and dealerships will offer financing. Just do a little shopping around to find the best interest rate for your credit score. You also want to look at their service department and location to make sure you’d be happy using them if you need repairs done on your golf cart.
Bad Credit Loans
If your credit is less than stellar and you’re looking to secure financing, you can go with the buy here, pay here places or with the creditors who specialize in the bad credit sector. Just know that you’ll likely pay a higher interest rate because of it. No worries though. Just focus on paying down the loan as quickly as you can.
Loan Repayment Insurance and Protection Plans
Once you get financing, you’ll want to look at the option of loan repayment insurance. For a small fee you can have confidence if something happens with your job that they can cover your payments full or partially until you’re able to get back on track with it.
Loans For Golf Carts
So you need a new golf cart but you are having trouble finding a loan? As you probably already know, dealer financing can be tricky. They usually only work with one or maybe two lenders and the requirements can be steep. If you have bad credit, you may feel shut out.
Buying With Cash
Now, let’s talk about this cash thing. If you accept a loan, your lender will deposit money directly into your bank account. That makes you a cash buyer with a lot of benefits.
Should You Finance?
If you received an offer, you are probably very excited. Now is not the time to rush however. Take the time to think about your decision, because a loan is a serious matter. Consider the following questions.
Refinancing
Why pay high interest on your street legal golf cart when you can refinance with EFCU for a better rate today?
EFCU Debt Protection
Cancel or waive your loan payment (s) up to the contract maximums if a protected event such as disability, loss of life, or involuntary unemployment occurs.
Who is First Look Approval?
First Look Approval is a consumer finance company that offers a real time decision engine to both brick & mortar and e-commerce merchants, giving them the ability to offer their customers instantaneous financing options.
How easy is it for my customers to apply?
Applying for a loan with First Look Approval is fast and easy! You can apply using a computer, tablet, or even a smart phone.
Can you approve more loans than my current financing company?
We work with a variety of lenders (major banks, peer to peer lenders and consumer credit companies) to help approve as many customers as possible. If our finance program is implemented as a first look program, you will experience significantly more approvals than a traditional Big Bank option.
What kind of support do you provide?
Aside from ongoing support with daily loan applications, our friendly staff can assist you with office training, marketing materials and ideas, and can even teach you how to effectively offer financing to your customers.
What do I need to get started?
Getting started is easy! All you need to do is contact us by either entering one of our web forms or calling us directly at 888-958-7477. If someone has referred you to us, please indicate who that someone is when you contact us. After you’ve spoken to someone from our team, you can expect to be enrolled into the program within 5 business days.
How do I get paid?
Depending on the credit offer that your customer received and opted for, settlement time will vary according to the issuing banks’ practices. For the basic program, customers are paid directly and are ACH’d the money within 5 business days.
How can I manage loans and see my transactions?
As soon as you are up and running, using your login and password, you will be able to access our back office portal and see your transactions in real time. This portal provides our merchants with state-of-the-art statistical analysis tools.
Golf Cart Financing is Perfect When Out-of-Pocket Just Isn't Feasible
Whether you are considering a new or a preowned golf cart, it may not be feasible to take on the purchase as an upfront expense.
We'll Walk You Through the Process Step-by-Step
When you come into one of our three locations throughout South Carolina let us know you're looking into whether or not to finance a golf cart purchase, you won't be pressured to decide right then and there.
Still Have Questions? Just Stop By and Let Us Know!
If you're interested in financing a golf cart purchase, but you're just not sure if it would be the right choice for you, come on by and see us!
