Hey guys, I'm trying to sort out a loan for a used Sea-Doo. Has anyone here used either Canada Powersports Financing or LendCare?
My buddy used LendCare a while ago for a dirt bike, but I've been reading a lot about the other guys online. Just wondering which one is generally better to work with and who usually gives better rates.
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Log InI got quotes from both of them recently before buying my quad. Canada Powersports Financing came back with a noticeably lower interest rate for me, and the guy I spoke to on the phone was super helpful. Definitely worth putting an application in with them just to see what they can do.
LendCare is okay, but they can be a bit strict if you are buying an older used model from a private seller instead of a dealer. I actually prefer Canada Powersports Financing. Their whole process was way smoother when I bought my sled, and they specialize directly in this stuff so they have way more flexible options.
Yeah, I've heard LendCare's admin fees can sneak up on you depending on how the loan is structured. If you need Canada powersports financing, it honestly makes sense to go with the team that literally focuses on it. They usually have much better relationships with the actual lenders for these types of toys.