Motorcycle Loan – 5.79% PenFed CU Summer Sale

Penfed logoThe sizzle of summer is upon us … what better time to invest in a new or used motorcycle? The wind in your hair, the freedom … it’s an experience that many of us enjoy. If you doubt your ability to afford a motorcycle, why not look into PenFed’s summer sale for motorcycle loans?

PenFed is offering interest rates of 5.79 percent APR, and 100 percent financing is available for qualified members. The minimum loan amount is $6,000, and the maximum loan amount is $30,000.

Parking made easy

Parking is a grievance and annoyance for most everyone, especially if you have a longer truck or SUV – if you are driving an RV, parking is pretty much impossible unless you find a large lot. Motorcycles allow you to deftly park pretty much anywhere; many places have smaller spots perfectly suited to motorcycles. If you are RV’ing across the country, a motorcycle can be easily trailered along with you, giving you maneuverability when needed.

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Freedom at your fingertips

One of the best benefits to owning a motorcycle is the feeling of freedom it gives. When the weather is nice, the wind in your face and the smell of mountain air is an experience that cannot be topped. The summer is the perfect time to begin your journey atop a motorcycle. There are many different brands and types of motorcycles out there to choose from; your local dealership can help you make your decision. You might even decide to purchase a used motorcycle, which can be quite a cost savings.

If you are looking to purchase a new or used motorcycle this summer, PenFed’s summer sale is something definitely worth investigating. For example, on a $20,000 loan, your approximate loan payment would be $467.78 over 48 months; the monthly payment drops to $384.71 if you have that same loan over 60 months.

No matter which motorcycle you choose, enjoy your summer and drive safe!

Posted on July 22, 2014 by in Automobiles, Motorcycle Loans,

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10/22/2015