Owning the golf cart of your dreams has never been more affordable and straightforward.

And we make it easy.


Purchasing a golf cart is a significant purchase, but they’re also a lot of fun. So if you’ve been thinking about buying one for the first time, or if you have an old cart that needs replacing, it pays to do some research before taking the plunge.

And if you’ve bought nothing on credit before, this is an excellent way to find out what your options are and how they work.

Here’s all you need to know about golf cart financing:

  • Why do people use it?
  • How much does it cost?
  • Which companies offer loans.
  • Whether it makes sense for your situation.

We hope this guide will help make buying your new ride more accessible than ever.

Why People Use Financing 

It’s still “the American dream,” and it doesn’t get better than this:

  • A piece of land.
  • A house with a big yard.
  • The space with room to entertain.
  • A golf cart to ride along in.

It’s a luxury to own a golf cart, but it’s hardly out of reach when you use financing.

Older thrilled couple getting approval for golf cart financing.

Here are some reasons people choose to take a loan on their carts (or any other big purchase): 

  • They don’t have the cash for this purchase.
  • They don’t want to tap their savings or go into debt to buy it.
  • They want nothing tying up their money that could earn a return.

Why do people opt for financing instead of paying upfront?

The answer is simple: it makes life easier.

You can use your money for something else and enjoy your purchase today without worrying about paying for it tomorrow.

Financing Options

There are different ways to purchase your golf cart, like buying a vehicle.

You may either take a loan for the entire purchase price or make a down payment to help cover the loan.

As a licensed E-Z-Go dealership, Carts and Parts offer different loans that include revolving credit cards and fixed-rate financing alternatives.

It’s essential to look at all of your options and find the one that works best for you.

What Does It Cost? 

In other words, what are the terms of a loan?

Here are some guidelines about what you can expect from our financing programs: 

Yard Card Financing Program*

The Yard Card financing program, a division of TD Bank, N.A., is a revolving charge card. In addition, customers can use various promotional financing alternatives, including no-interest and low-APR programs.

  • Easy application process
  • Immediate response
  • Various financing options
  • Online account management

Qualified buyers approved for a Yard Card can receive the following terms* on golf cart purchases available through 1/31/2022.

  • 1.99% APR with 48 Monthly Payments**
  • 3.99% APR with 60 Monthly Payments**

See Disclosures 

Apply Here

Sheffield Financial

Carts and Parts partners with Sheffield Financial, a national leader in financing golf carts, to offer fixed, straight installment loans.

For over 25 years, Sheffield has provided financing for outdoor power equipment, including golf carts. They provide innovative financing alternatives, attentive customer service, and speedy credit approvals backed by one of the country’s significant financial holding entities.

  • 1.99% Interest for 48 Months
  • 3.99% Interest for 60 Months

Offers are only for eligible and qualified units purchased from participating Sheffield dealerships, such as Carts and Parts.

Monthly Payment Estimator

Apply Here

How it Works

You will receive a certificate with a pre-determined loan amount or credit line after applying online and being approved. Then, simply print and bring the certificate to us. It’s that simple to get these exceptional financing offers.

Financing Programs Terms to Know

Subject to credit approval

When you apply for financing a golf cart, you are subject to credit approval when the lender determines whether you are eligible for a loan. The credit approval process usually considers your credit score, debt-to-income ratio, and other financial factors. Therefore, your creditworthiness is essential to be approved for a loan.

Minimum purchase

Lenders may also impose a minimum purchase requirement for golf carts. This means the cart must be at least this much in value. Suppose you purchase a cart that costs less than the minimum purchase. In that case, you will need to make up the difference yourself or find a lender that offers a lower minimum purchase requirement.

Credit line

Some lenders may also offer a credit line for golf cart financing. This means you can borrow up to a certain amount, and you only have to pay for what you use. For example, you may borrow $10,000 and only have to pay back $8,500 if you buy an $8,500 golf cart.

Near-prime credit

If your credit score is not relatively prime, you may still receive a loan for a golf cart. However, lenders that offer near-prime credit usually have more flexible eligibility requirements and may be more willing to work with you to get you into the golf cart of your dreams.

Monthly payment

Your monthly payment for a golf cart will depend on the size of the loan, the interest rate, and the length of the loan. You can use the loan calculator above to estimate your monthly payment.

Designated loan amount

Some lenders will only finance a certain amount for a golf cart. This means you may need to find a different lender if you want to purchase a more expensive cart than the designated loan amount.

Down payment

A down payment to finance a golf cart is optional. However, keep in mind, the higher your down payment, the lower your monthly payments will be.

Extended-term financing

Extended-term financing is when you finance a golf cart for a more extended period. For example, if you were to finance a golf cart over 36 months, your monthly payment would be lower than if you financed it over 12 months. However, you will spend more on interest over the life of the loan.

Promotional fee

A promotional fee is a “set up” fee for special promotions lenders may offer.

Instant approvals

Many of our customers receive instant approvals, meaning they can approve you for a loan within minutes and start shopping for your new golf cart immediately.

Prepayment penalties

Our financing options have no penalties for prepayment, so there’s no worry should you decide to pay your loan in full early.

Final Thoughts

Financing a golf cart is one way to save money on golf carts so you can get into the vehicle of your dreams without breaking the bank. By considering our financing options available, you will find a loan that fits your needs and budget.

We are here to help you through the entire process, from choosing the perfect cart to securing financing, and other tips.

Get started today by completing the easy-to-use online finance application form or contact us at (937)459-8891. Then, don’t wait another day before finding low, competitive rates on new and pre-owned carts.


*Subject to credit approval. Restrictions apply. Ask for details.
**Promotional fees may apply