Financing
1. Does PARCS offer financing?
Yes. PARCS offers financing on new and pre-owned equipment and powersports through manufacturer programs, national lenders, and local banks.
2. How do I apply for financing?
Apply online at parcs.com/financing or in person at any PARCS location.
3. Which lenders does PARCS work with?
PARCS works with DLL, Sheffield Financial, Octane, Roadrunner Financial, Synchrony, Kubota Credit Corporation, CNH Industrial Capital, and various local banks.
4. Does PARCS offer 0% financing?
Manufacturers regularly offer 0% or low-rate promotional financing on select models for qualified buyers. See current offers on the Promotions page at parcs.com.
5. Should I take a rebate or low-rate financing?
Some promotions let you choose a cash rebate or a special financing rate. The better choice depends on your loan amount, term, and whether you’d pay cash. Our team can run both numbers.
6. What credit score do I need?
Credit requirements vary by lender. Because PARCS works with many lenders, we can find options across a wide range of credit profiles.
7. Can I get financing with bad credit?
Yes. PARCS has credit options for all types of credit.
8. Can first-time buyers with no credit history get financed?
Yes, with a qualified co-buyer.
9. Does applying involve a hard or soft credit check?
PARCS can get you pre-qualified with a soft credit pull, which has no impact on your credit score.
10. How long does approval take?
Pre-qualification is immediate, and full approval normally comes within 5 minutes.
11. Is a down payment required?
Not always. $0 down is available for well-qualified buyers.
12. Can I apply with a co-applicant or cosigner?
Yes. Most lenders allow a co-applicant, which can improve approval odds. Ask our team about your lender’s requirements.
13. Can I finance a used unit?
Yes. PARCS has multiple financing options for used units.
14. Can I finance parts, accessories, or service?
Yes. PARCS partners with buy now, pay later credit solutions for parts, accessories, and service.
15. Can I finance implements with my tractor?
Yes. Implements and attachments purchased with a tractor can often be included in the same financing, and package deals may qualify for promotional rates.
16. Does PARCS offer commercial or business financing?
Yes. PARCS works with lenders who specialize in commercial and business credit.
17. Does PARCS offer leasing?
Yes. Leasing is available for commercial and business applicants.
18. What loan terms are available?
Loan terms range from 12 to 144 months, depending on the lender, unit, and credit approval.
19. Can I pay off my loan early?
Most equipment and powersports loans allow early payoff, but terms vary by lender. Review your contract or ask your lender.
20. Can I use my trade-in as a down payment?
Yes. Your trade-in equity can go toward your down payment.
21. What if I owe more on my trade than it’s worth?
PARCS works with lenders who specialize in financing negative equity.
22. What documents do I need to apply?
A valid driver’s license, Social Security number, proof of income, and proof of residence. Self-employed applicants may need tax returns or bank statements.
23. Can I apply before I visit the store?
Yes. Applying online at parcs.com/financing before your visit speeds up the process.
24. Is the online application secure?
The online finance application on parcs.com is submitted through a secure form. See our Privacy Policy for details.
25. Can my spouse and I apply together?
Yes. Joint applications are accepted by most lenders.
26. Can out-of-state buyers get financing?
Yes. PARCS offers nationwide financing.
27. Does PARCS offer in-house financing?
No. PARCS arranges financing through outside lenders, and your payments go to the lender, not PARCS.
28. Does PARCS offer GAP, credit protection, or other finance add-ons?
Yes. PARCS offers a full menu of protection plans.
29. Do I need insurance on a financed unit?
Many lenders require insurance on financed vehicles and equipment. Check your lender’s requirements.
30. How long is a pre-approval good for?
Pre-approvals are good for 30 days.
31. Where can I see current financing promotions?
Current manufacturer financing offers are listed on the Promotions page at parcs.com.
32. Do promotional financing offers expire?
Yes. Manufacturer offers run for set periods and apply to specific models. Check the offer details or ask our team.
33. Are seasonal or annual payment plans available for farmers?
Some agricultural lenders offer seasonal or annual payment schedules on qualifying equipment. Ask PARCS about programs for your purchase.
34. Can I refinance through PARCS?
PARCS does not offer refinancing, but we can refer you to lenders who do.
35. Can PARCS estimate my monthly payment?
Yes. Our team can estimate payments based on price, down payment, rate, and term.
36. What happens if I’m declined?
Our team can review options such as a larger down payment, a co-applicant, or a different unit or lender.
37. Can I finance more than one unit together?
Yes. PARCS offers multiple-unit financing with one simple payment.
38. Can sales tax and fees be included in the financing?
Yes. All taxes and fees can be included, depending on creditworthiness.
39. Can I finance a youth ATV?
Yes, youth models can be financed like other units, subject to lender approval of the adult applicant.
40. Can self-employed buyers get financing?
Yes. Self-employed buyers may be asked for tax returns or bank statements to verify income.
41. How many lenders will see my application?
PARCS does not shotgun your credit application to multiple lenders. Our trained finance manager matches you with the best lending option first.
42. Can I apply over the phone?
Call your nearest PARCS store and our team can help you start an application.
43. Can I put my down payment on a credit card?
Yes. Down payments can be made by credit card, with a 3% surcharge on all credit card payments. Debit cards have no surcharge.
44. Are used-equipment rates different from new?
Rates on used units are often higher than promotional rates on new units, since manufacturer specials usually apply to new models only.
45. Can I get financing on a Kubota tractor?
Yes. Kubota Credit Corporation offers financing on new Kubota equipment, often with promotional rates. Apply through PARCS.
46. Can I get financing on a New Holland tractor?
Yes. CNH Industrial Capital offers financing on New Holland equipment. Apply through PARCS.
47. Can I get financing on a Polaris?
Yes. PARCS has multiple lending options on all Polaris units.
48. Can I get financing on a Can-Am?
Yes. PARCS has multiple lending options on all Can-Am units.
49. Who do I contact with financing questions?
Call your nearest PARCS store and ask for the finance manager.
50. Why finance through PARCS?
PARCS offers soft-pull pre-qualification with no credit score impact, approvals in minutes, terms from 12 to 144 months, options for all credit types, and a finance manager who matches you with the best lender first instead of shotgunning your application.
Our financing team is here to make owning your next powersports vehicle simple and stress-free. We offer flexible financing options for motorcycles, ATVs, UTVs, and personal watercraft, with competitive rates and terms tailored to fit your budget. Whether you’re buying your first ride or upgrading to something new, our experts work with a network of trusted lenders to help you get approved quickly. From application to final paperwork, we’re committed to a smooth, transparent process so you can focus on enjoying the ride.