Originally Posted by
bassjones
Not a wise financial decision at all. I wouldn't even finance a car, let alone a bicycle. Does your LBS do layaway? Mine does and it let me get a great deal on my bike last year while taking 4 months to pay for it, interest free.
Some
Trek dealers permit financing of a bike if the price is above a certain amount. They offered me 0% interest for 12 months when I did this, which is not a bad deal. All I need to do is pay it off within 12 months and I get to use OPM (Other People's Money) cost-free.