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Yamaha Finance question

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Christoffee
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PostPosted: 21:51 - 09 Feb 2014    Post subject: Yamaha Finance question Reply with quote

Now see here: https://www.yamaha-motor.eu/uk/campaigns/motorcycles/zero-per-finance-over-125.aspx

It says "Models eligible for the promotion are 2010-2014 models years officially imported by Yamaha Motor UK."

Does this mean that I could bag a two year old Fazer on 0%? Usually these finance deals apply to new things, so I doubt that this is the case.

Any thoughts anyone?
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fozzym
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PostPosted: 21:54 - 09 Feb 2014    Post subject: Reply with quote

It means unregistered bikes so yes new bikes only but could be a 2010 model that has never been registered. The ones that dealers have hanging around in the showroom for a couple of years.

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-LG-
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Joined: 02 Jul 2010
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PostPosted: 21:56 - 09 Feb 2014    Post subject: Re: Yamaha Finance question Reply with quote

Christoffee wrote:
Now see here: https://www.yamaha-motor.eu/uk/campaigns/motorcycles/zero-per-finance-over-125.aspx

It says "Models eligible for the promotion are 2010-2014 models years officially imported by Yamaha Motor UK."

Does this mean that I could bag a two year old Fazer on 0%? Usually these finance deals apply to new things, so I doubt that this is the case.

Any thoughts anyone?


My XJ6 is 0%, it was their courtesy bike at the time, I'm on the V5 as the second keeper.
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Christoffee
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PostPosted: 21:59 - 09 Feb 2014    Post subject: Reply with quote

Fozzym: makes sense
JFK: hmmmmm. Interesting
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Dave70
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PostPosted: 22:13 - 09 Feb 2014    Post subject: Reply with quote

I understood it as being new bike only too and recently, when I enquired about finance on a used 2013 R1at my local Yamaha dealership, I was told that no special rates would apply to it and it would be at the standard rate of interest.
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andys675
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PostPosted: 22:35 - 09 Feb 2014    Post subject: Reply with quote

0% finance isn't free, someone has to pay for it

usually you have to pay full list price, then either the dealer or importer pays a fee to the finance company to provide interest free credit to the buyer
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Shaft
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PostPosted: 23:33 - 09 Feb 2014    Post subject: Reply with quote

andys675 wrote:
0% finance isn't free, someone has to pay for it

usually you have to pay full list price, then either the dealer or importer pays a fee to the finance company to provide interest free credit to the buyer


Only if you don't negotiate hard enough, which I would certainly be doing if I knew I was buying a bike that was 4 years old, before it left the showroom.

In all my years in the motor trade, I can't ever recall being forced to make a kick back to the finance company, on a manufacturer promoted low rate scheme.

What dealers prefer to do is rely on the punter to reason that the finance deal is so good, asking for a discount would be futile; it isn't, ask away and if you don't get anywhere, be prepared to go to the next dealer down the road, or spend a few hours on the net, getting the best deal you can.

I notice that the finance deal is limited to the RRP, so if you want some extras, you might do well to ask for them to be thrown in for free.
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ViniH
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PostPosted: 02:34 - 10 Feb 2014    Post subject: Reply with quote

Annoyingly the 0% finance isn't available on the MT-07 or the MT-09.
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Christoffee
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PostPosted: 07:28 - 10 Feb 2014    Post subject: Reply with quote

ViniH wrote:
Annoyingly the 0% finance isn't available on the MT-07 or the MT-09.


The link the MCN's MT-09 review doesn't work! And they only gave it three stars!

https://www.motorcyclenews.com/mcn/bikereviews/
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