If you’re considering buying a UTV (Utility Terrain Vehicle), you might be wondering if financing is an option. The good news is that financing a UTV is possible and a solid way to manage your budget while enjoying the benefits of this rugged and versatile vehicle. At Northwoods Credit Union, we make it easy for you to explore UTV ownership with flexible, affordable financing options right here Cloquet, Floodwood, Moose Lake, and beyond.
What is a UTV?
A UTV, or Utility Terrain Vehicle, is an all-terrain vehicle designed for work and play. These vehicles are known for their durability, off-road capabilities, and ability to handle a variety of tasks, which is extremely useful here in northern Minnesota. Common features include:
- Side-by-side seating for multiple passengers.
- Cargo space for hauling tools, equipment, or gear.
- Powerful engines and off-road tires to tackle dirt, mud, snow, and more.
UTVs are popular among outdoor enthusiasts, farmers, and anyone who needs a reliable vehicle to handle tough terrain.
Can You Finance a UTV Through a Credit Union?*
Yes, credit unions like us offer UTV financing designed to make ownership more accessible. When you work with your local credit union here at NCU, you’ll find competitive rates and personalized, local service that’s hard to beat.
Here’s what you need to know about UTV financing at Northwoods Credit Union:
- Tailored Loan Options
- Our loans are built to meet the needs of UTV buyers, with terms that suit your personal budget and goals.
- Easily apply online or swing by one of our branches in Cloquet, Floodwood, or Moose Lake, Minnesota!
- Low Rates and Flexible Terms
- As a member-first institution, we offer competitive local recreational vehicle loan rates and flexible repayment terms that fit your lifestyle.
- Pre-Approval Benefits
- Applying for pre-approval gives you confidence as you shop for your UTV, knowing exactly what you can afford.
How to Get Started with UTV Financing
Financing your UTV is simple when you work with us. Here are the steps to get started:
- Check Your Budget
- Determine how much you can comfortably afford for your monthly payments.
- Use our recreational vehicle loan calculator to check payments and terms in a matter of seconds (This material is provided for general and educational purposes only; it is not intended to provide legal, tax, or investment advice. Not all applicants will qualify. Membership eligibility required. Insured by NCUA)
- Apply Online or In-Branch
- Our streamlined application process makes it easy to apply for a UTV loan.
- Review and Choose Terms
- Once approved, we’ll help you select the best terms for your situation.
Ready to Ride in Minnesota?
A UTV can open up new possibilities, from exploring trails to completing tough jobs on your property. Financing through Northwoods Credit Union makes it affordable and stress-free to turn your UTV loan dreams into reality.
Whether you’re in the areas of Cloquet, Floodwood, or Moose Lake, MN, we’re here to help you hit the ground running—and riding!
*Not all applicants will qualify. Membership eligibility required. Insured by NCUA.