FREQUENTLY ASKED QUESTIONS

Common Terms in Finance
Common Terms in Insurance
Common Terms in Credit Cards
Send Your Financial Services Question To Buell Motorcycle Company


Common Terms in Finance

Payment applies to the amounts you pay in set periods when you take out a Harley-Davidson® Finance

Rental applies to the amounts you pay in set periods when you take out a Harley Lease agreement

Fixed Rate is a form of finance where the payments remain constant irrespective of movements in interest rates.

APR (Annual percentage rate) is a calculation of the interest rate being charged for a Loan. It enables comparison of a variety of different Loan facilities.

Flat Rate p.a. is the interest rate of a Loan calculated as the total repayments less the capital cost divided by the repayment period. This sum is then expressed as a percentage of the capital cost.

Balloon is the final lump sum payment which is usually equivalent to the expected sale price of the motorcycle at the end of the Harley | Own™ period.

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Common Terms in Insurance

No Claims Bonus is the reward that Insurers give you for having another year without making an insurance claim. It builds up over the years that you don't claim to a maximum of 3 years.

Multibike policy is the term which describes the way that with Harley® Rider Insurance you can insure up to four Motorcycles on one policy (subject to underwriters acceptance). This saves you money by giving you lower insurance costs and saves you the hassle of having four separate policies

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Common Terms in Credit Cards

Card Care- "breakdown cover for your wallet" - an easy and affordable way to remove the disruption and stress that the loss or theft of your cards will inevitably cause. For just £15 per year for single cover and £23 per year for household cover, you can protect yourself against the unexpected.

Credit Card Repayments Cover can provide you with the extra reassurance that you could be able to make your credit card payments, no matter what the future holds. If you are unable to work for 15 consecutive days due to an accident or sickness or after the first 90 days of cover you become unemployed through no fault of your own, for at least 30 consecutive days, Credit Card Repayments Cover could pay 10% of the outstanding balance or £10 (whichever is the greater). Monthly payment of your benefit could begin from the first day of your claim up to a maximum of 12 months for each claim. In the unfortunate event that you should suffer from a critical illness or in the event of your untimely death, the outstanding balance could be repaid up to £25,000.

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Send Your Financial Services Question To Buell Motorcycle Company

Still have questions about Harley-Davidson Financial Services? Send us your inquiry and we will periodically post the answers to some of the most commonly asked questions here on buell.co.uk. Due to the volume of inquiries, we cannot answer each individual question. We appreciate your interest.

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