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Home » Powersports financing penetration up 15% from pandemic lows

Powersports financing penetration up 15% from pandemic lows

Rate of cash vs. financed purchases normalizing at dealerships

Johnnie Martinez IIbyJohnnie Martinez II
June 5, 2023
in Powersports Finance News
Reading Time: 4 mins read
0
Powersports financing penetration up 15% from pandemic lows

© Can Stock Photo / Apriori

Financing volume is ticking up at powersports dealerships following pandemic lows, despite rising interest rates.   “At one point, [cash sales] hit almost 70%, where it used to be more like 50-50, but as I tell my guys a lot of times, that’s not really a cash sale,” Kevin Dunn, general manager at Wake Forest, N.C.-based […]

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