Loan worked out fine with me, and was drastically lower than my credit union was offering (~7%). Offer valid October 1, 2020, through November 30, 2020.
Took about 2 weeks for it to process but it was totally worth it. REGISTER FOR BUSINESS CENTER NOW!
I saw it as a credit builder since I'm young in that dept. 4: 2:
Some buyers will require a higher down payment in order to receive credit approval.
To be honest, don't buy luxery stuff that you can't immediately pay for.
Available through November 30, 2020, qualified customers can take advantage of NEW and exciting offers from FreedomRoad Financial and Synchrony on the purchase of select new model year 2020 KTM 200 DUKE street motorcycles. .99% on 20k is only about $500 in interest after 5 years. For inquiries, please allow at least 3 business days for a representative to contact you. The transaction has been submitted!
Note: If you're planning to use a terminal instead of Synchrony's online Business Center, instructions will be provided on a training call, or in section 5 of the Orientation Guide above. I learned in this whole buying process motorcycle loans aren’t the same as car loans as they’re seen as a high risk, so they usually run higher apr.
Annual Percentage Rates (APR) of 0% for up to 36 months, and no down payment offers available to qualified applicants only. 1:
I havent seen any cash discounts from KTM, but thats why I am asking. really depends, a lot of dealers get a cut of the loan percentage and end up making more that way than on the original sale of the bike.
The illustrated vehicles may vary in selected details from the production models and some illustrations feature optional equipment available at additional cost.
I've done it on a 17' Duke 390.
KTM is a leading international manufacturer of motorsports vehicles with a special emphasis on sport-oriented motorcycles that underscore the company’s “READY TO RACE” philosophy. Figured lower payments and i could pay off early if i wanted to vs the 0.99% 60 month. Best the dealer could offer was 3.99% and my bank would only go 8% for a vehicle loan.
Setting up auto-payments is possible, but you have to do the entire thing through snail-mail and it takes like 6 weeks to process.
I was told that when I bought mine and in the end it ended up being 12% (I had a 720 score) but I didn’t have the cash upfront for it.
After some research about low % loans, I found that many dealers offer cash discount on vehicles.
Process An Application ... run bank reconciliation reports, and more to help grow your business.
Collect and enter the applicant information. *Terms and Conditions: Offers apply to new, untitled and unregistered 2020 KTM 200 DUKE motorcycles. They make you do everything over the phone, payments included.
Synchrony provides signage to you free of charge to promote your financing program.
From applying to buying and more, we're here to help.
A reduced interest rate is charged on the promotional purchase, regardless of the length of promotion, Monthly payments on promotional purchase are the same every month, Entire purchase must be paid in the first billing cycle to avoid interest charges, Just like purchases made with most general use credit cards, No interest is charged on the promotional purchase, regardless of the length of promotion.
Figured lower payments and i could pay off early if i wanted to vs the 0.99% 60 month.
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