“I really love to ride my motorcycle. When I want to just get away and be by myself and clear my head, that's what I do.”

-Kyle Chandler, Actor

It’s no wonder than so many people are interested in motorcycles these days: they are an amazing feat of engineering.  With only two wheels and a roaring engine, they speed down the road with grace and ease, while still maintaining their cool. No one can deny that motorcycles are a distinct part of American culture, and a thrilling one at that. Just check out the history of Harley Davidson for more information on the long and illustrious story behind America’s motorbike.  

For those contemplating the purchase of a motorcycle, there are plenty of factors to consider. Most importantly, you should search for a bike that fits your lifestyle and personal preferences, rather than one that simply sounds good based on its brand name.

If you plan to finance your bike, be sure to shop around both dealership prices and credit union loan interest rates. The two are not mutually exclusive, and the more informed you are, the better deal you will secure for yourself.

Below are some additional tips:

1. Pick Your Style of Motorcycle

There are many different types of motorcycles out there, and the first thing to do is narrow down what you want to buy. There is a bit of research involved, of course, but it will be worth the time you spend on it to have a motorcycle you want to ride for years to come. You need to decide what fits your personal lifestyle and preferences, as well as your budget. There are several distinct types of motorcycle, and each has different, unique qualities.

A standard bike and a dirt bike have differing qualities that make them ideal for specific situations. If this is your first time buying a motorcycle, you should become familiar with the basic types. Street Bikes include: Standard, Cruiser, Sport Bike, Touring, Sport Touring, and Dual-Sport. There are also Dirt Bikes, Mopeds and Scooters.

2. Compare Prices, Interest Rates Online and at Dealerships for the Best Deals

Once you are set with the type of motorcycle you are interested in purchasing, you can start looking at prices. We recommend starting online with companies like Kelley Blue Book to get an idea of what the bike you want is going for in your area.

Once you have completed your online research, you can visit dealerships to see and test drive the motorcycles in person.

3. Check if National Police Credit Union Interest Rates are right for you

Once you find the motorcycle of your dreams, the last step includes purchasing your bike. Before you worry over large monthly payments, take a look at the competitive motorcycle loan rates featured at National Police Credit Union. Offering new and used motorcycle loan rates starting at 3.49% APR* along with convenient online application procedures, National Police Credit Union makes the buying process as stress-free and simple as possible. 

4. Protect Yourself with the Right Gear

Every motorcycle driver should don the appropriate gear, especially when traveling on highways or down rugged dirt roads. Be sure to purchase a protective jacket, gloves, and helmet to reduce personal risk of injury. Pay attention to all posted road signs and be extra vigilant about cars. A new motorcycle is a fun and thrilling investment, but it does take caution and common sense to stay out of harm’s way.

5. Protect Your Asset with GAP Insurance 

Unfortunately, if you "total" your bike or are a victim of vehicle theft, you might still be responsible for outstanding loan payments, which could add up to thousands of dollars. For peace of mind, you might consider purchasing Guaranteed Asset Protection (GAP) coverage, which eliminates the costly “gap” that occurs if your bike’s cash value is less than the amount you owe on the loan. Call today for the most current information on National Police Credit Union GAP plans.

We hope you find the bike of your dreams and ride safely into the future!