Motorsports
Utah organization helps you take on new adventures with powersports financing, insurance options
The pursuit for adventure is common across Utah. As a state renowned for natural beauty, many have journeyed through its iconic roads, beautiful dunes, incredible snow and elevated trails. It’s for this reason that an industry dedicated to increasing thrill has become synonymous with touring the area’s vast landscape — the one for powersports vehicles. […]

The pursuit for adventure is common across Utah. As a state renowned for natural beauty, many have journeyed through its iconic roads, beautiful dunes, incredible snow and elevated trails. It’s for this reason that an industry dedicated to increasing thrill has become synonymous with touring the area’s vast landscape — the one for powersports vehicles.
For many Utahn’s, owning a new ATV, motorcycle, personal watercraft, snowmobile, dirt bike or side-by-side is a common goal. It’s for this reason that financial institutions such as Goldenwest Credit Union work to make machines like these easier to acquire.
“We recognize that for a lot of our members, these vehicles are more than just amenities,” said Laurie Stuart, senior vice president at Goldenwest Credit Union. “We’ve been able to develop some exciting powersports financing options as well as insurance offers to improve the owning experience for both new and used buyers.”
Offering identical loan rates for all powersports vehicles, Goldenwest’s financing options start at a 7.99% fixed APR for 72 months*. Those looking at potential plans can determine what a monthly payment may look like through the calculator on their site, providing insight on what may be most fiscally responsible. Borrowers are not subject to any application fees, and can sign documents electronically from their home.

Those looking to buy a machine can also access financing from Goldenwest Credit Union at several motorsports dealerships, including all eight Young Powersports locations.
“One of the reasons we love working with Goldenwest Credit Union is that they’re able to deliver timely service to our customers and meet their needs,” said Nate Gailey, general manager of Young Powersports XL Centerville. “They’ve not only been able to help several individuals acquire the machine they’ve dreamed of, but have also been able to provide them with the insurance they need.”
An operation under the same umbrella as the credit union, Goldenwest Insurance Services has crafted compelling options for both motorcycle riders as well as owners of other powersports vehicles. Providing, free, no-obligation quotes, the business offers coverage discounts for those who already have existing policies in place.
“Within the last 10 years especially, innovations across the powersports industry have turned these machines into more of a significant investment. With that said, these vehicles are still placed in challenging conditions where accidents can happen,” said Randy Ferlin, assistant vice president with Goldenwest Insurance Services. “Whether a buyer is looking to keep their machine long-term, or just until another upgrade is available, it’s important to protect their purchase as the financial asset that it is.”
Those interested in financing a machine as well as buying insurance can speak with a lender and agent at most of their branches across Utah and Idaho. According to Goldenwest, a benefit of using their organization for both services is that the two operations can work together to provide members with optimal service.
Founded in Utah, Goldenwest is currently celebrating its 89th anniversary. Known for their exceptional understanding of the area’s economy and the traditional financial needs of residents, the business recently earned their thirteenth Best of State award in the “Credit Union” category.
“Like any borrowers, riders are typically looking for the most financially responsible way to buy a vehicle,” said Stuart. “What we’ve worked to do at Goldenwest is provide them with a trusted partner who can show them the best options for both purchasing and beyond.”
Visit Goldenwest Credit Union’s site to learn more about lending and insurance opportunities.
*Annual Percentage Rate (APR) as low as 7.99% available for well-qualified buyers for terms up to 72 months. Rates and terms subject to credit review and could change without notice. Visit gwcu.org or call 801-621-4550 for current rates and terms. Equal opportunity lender.