The Best Way to Finance a Golf Cart

Whether you’re a regular golfer or you like having easy transportation around town, golf carts are an excellent choice! There are several models to choose from so you can get the exact features you need. No matter your reason for getting a golf cart, you’ll want to know your financing options. Our team at Revel 42 - Wilmington is here to help!

Start With a Budget

With any large purchase it’s crucial to set a budget. Before you begin shopping for your favorite model, evaluate your finances and be honest with yourself about what payment amount would be comfortable for you. As you create your budget, remember to account for the costs of insurance, registration, and other ownership responsibilities like maintenance. 

Start Saving and Check Your Score

When you know your ideal price range, you should also begin checking in with your credit score and set aside some money to go toward your down payment. If you’re planning to finance your purchase by borrowing from a lender, there are a few requirements to be aware of. First off, you’ll need to have a decent credit score and history and then you’ll need to provide a down payment to go toward the purchase. 

Know Your Needs

We mentioned earlier that there are additional costs associated with owning a golf cart. During the shopping and buying process, you should already know what features you need so you know what financial responsibilities you’ll have after the sale! For example, if you intend to drive your golf cart on any public roads you will need street legal golf cart features, which can have additional associated fees. 

Financing a golf cart is very similar to buying a car, but it doesn’t have to be stressful. Visit us in Wilmington, North Carolina, to browse our inventory. We proudly serve the Leland and Carolina Beach, North Carolina areas.