Coastal Carts RMV
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Golf Cart Financing: How It Works

A golf cart is a real purchase, and paying for it all at once isn’t realistic for everyone. The good news is you don’t have to. Financing lets you drive home in the cart you want and pay for it over time. Here is how golf cart financing works, what changes your monthly payment, and the questions to ask so there are no surprises.

How golf cart financing works

At the core, it’s simple:

  1. Pick your cart. New or pre-owned, from the golf course to the neighborhood street.
  2. Apply. At Coastal Carts RMV you can apply online before you ever visit.
  3. Get a decision. The lender approves an amount, a loan term, and an interest rate.
  4. Pay over time. You make a down payment if one is required, then monthly payments until the loan is paid off.

What affects your monthly payment

Your payment won’t be the same as your neighbor’s. These factors matter most:

  • Price of the cart. Options and accessories you add to the loan raise it.
  • Down payment. The more you put down, the less you borrow.
  • Loan term. A longer term usually lowers your monthly payment but can mean more interest overall. A shorter term does the opposite.
  • Interest rate. This depends on the lender and your credit.
  • Your credit. Stronger credit generally gets better terms.
  • Trade-in. If you have a cart to trade, its value can reduce what you need to finance.
  • Taxes and fees. Always ask what’s included in the quote.

New vs. pre-owned: can you finance both?

Financing options can differ between new and pre-owned carts. If you’re still deciding, browse both: our new inventory and our pre-owned inventory.

Tips for getting a good deal

  • Start with a payment you’re comfortable with, not the biggest one you can get approved for.
  • Compare the total cost, not just the monthly number.
  • Put more down if you can to lower what you borrow.
  • Choose what you’ll really use. Extras are fun, but they add to the loan.
  • Think about the battery. Lithium carts need less care and can last longer. See our guide on how far a golf cart can go on one charge, and our lithium vs. lead-acid article.
  • Pick the right size. Buying more seats than you need costs more.

Don’t forget the other costs of ownership

A loan covers the cart, but owning one has other costs:

  • Insurance and registration if the cart is street legal
  • Charging at home
  • Service, tires, and brakes. Our service team can help keep your cart running well.
  • A cover or storage

Where can I get financing help in person?

Every one of our locations handles sales, trade-ins, and scheduling. Choose the one closest to you:

  • Rancho Mission Viejo, CA
  • San Diego, CA
  • Costa Mesa, CA
  • Corona, CA
  • Rancho Cucamonga, CA
  • Palm Desert, CA
  • Los Angeles, CA
  • Phoenix, AZ
  • Deer Valley (North Phoenix), AZ             

Financing is subject to credit approval. Rates, terms, and availability vary by lender and location.

Contact us to ask questions, request a quote, or schedule a test drive.