Electric bike financing at Ride the Wind starts on the financing page, with rates from 9.9% and up. Pay over time with PayPlan by RBC, or compare the other lenders on ebike financing. Approval depends on the lender. This page does not promise a rate, a term, or an approval.
Where do I apply?
Use the financing page. It lists Finance It, Finance That, powersports financing, Paybright by Affirm, Pay in 4, PayPlan by RBC, and iFinance. At checkout the same page lists Klarna, Visa, Mastercard, debit, Interac e-Transfer, Google Pay, Apple Pay, PayPal, and RBC PayPlan.
Finance It (Retail), as written on that page: no proof of income, up to $10,000, terms up to 60 months, no admin fees. Finance It (Powersports): up to $50,000, terms up to 60 months, no admin fees. iFinance, as written on that page: prequalification from $500 to $40,000 without affecting your credit score.
What is PayPlan by RBC?
PayPlan by RBC is the pay-over-time option named on the financing page. Open that page for the current PayPlan details, then complete the application with the lender. Ride the Wind does not set the PayPlan interest rate on this article.
What should I check before I apply?
Match the amount to the bike. A $1,299 folding bicycle and a $7,999 Surron Ultra Bee HP are different loans. The powersports Finance It option is the one the financing page lists up to $50,000. The retail Finance It option is the one listed up to $10,000. Read the term, the rate from 9.9% and up, and any fee on the lender’s own screen before you sign.
If you are comparing bikes first, start with electric bicycles or electric dirt bikes. Questions: 1-866-802-1805 or hello@ridethewind.ca. The store is at 19103 Highway 48, Mount Albert, Ontario.
Frequently asked questions
What financing rate does Ride the Wind advertise?
The financing page says rates range from 9.9% and up. It does not publish one rate for every bike or every lender.
Can I pay over time with RBC?
Yes. Pay over time is offered through PayPlan by RBC, and RBC PayPlan is also named as a checkout option on the financing page.
Do I need proof of income for Finance It?
The financing page says Finance It Retail and Finance It Powersports do not need proof of income. Confirm that on the application, because lender rules can change.