Apparently HSBC is out and there is a new company Sheffield who is running a promotion until November 30th for 1.99% APR for the life of the finance.

I'm thinking about trading my 2007 for the 2008 at ars powersports because my reduced rate when I bought it was 8% for two years this coming February it jumps to 18% so I'm between that or a private bank loan. Thoughts? Suggestions?

I'm 21 so I'm kind of new to all this loan stuff and apr rates and what not I just want to make sure I'm making the right decision because I think if I stick with my current hsbc account I'm going to end up paying a ridiculous amount in the long run vs. this 1.99% which would keep me at a relatively low balance until I'm out of college and can pay it off in full.