Sparta Financing Products

SPARTA currently offers three outstanding financing products for new or used motorcycles and select scooters: The SPARTA Flex Lease, the SPARTA Purchase Plus Lease and the Sparta Sport Loan. With terms from 24 to 60 months, liberal credit criteria and a unique array of benefits and advantages – to both dealers and consumers – these 3 financing products represent the most flexible and aggressive choices in powersports financing today.

SPARTA FLEX LEASE

The SPARTA Flex Lease is our preferred and recommended product because it offers customers more options and advantages than any retail installment sales contract – including our own. With the SPARTA Flex Lease, your customers will almost always have a lower monthly payment than that of a retail installment sales contract on the same vehicle. Plus, they’ve got 4 options at lease end…which no retail installment sales contract offers:

   They can

• buy the vehicle for the original residual amount;
• They can re-lease the vehicle for an additional limited period;
• They can upgrade to a new vehicle, or
• They can simply turn in the vehicle and walk away with no further obligation assuming there are no outstanding Lease Agreement obligations, other than the residual.

There’s also a very special feature to the SPARTA Flex Lease that’s unique in the marketplace– the “Early Upgrade.” The Early Upgrade opportunity applies when a customer has established a satisfactory payment history with us and would like to get on a new vehicle before his/her lease agreement expires. This means that as an Authorized SPARTA Dealer, you’ll be able to move more units more often…and generate greater customer loyalty! The Early Upgrade can occur after 2 years on a 3 year lease; after 2 ½ years on a 4 year lease; and after 3 years on a 5 year lease – without an early termination penalty! We believe that with the Early Upgrade feature, the SPARTA Flex Lease is the best and most aggressive finance product available. And, we think you’ll agree.

The SPARTA Flex Lease is available for virtually any street legal motorcycle over 600cc. Residuals are almost always at least 40%, and as high as 65% of MSRP depending on the vehicle. And the SPARTA Flex Lease can cover both new and used vehicles, with select vehicles up to 9 years old.

SPARTA PURCHASE PLUS

SPARTA also offers a “Purchase Plus Lease” product that is designed expressly for customers who definitely want to own the vehicle at lease end. This program normally carries an 11% residual and has an initial term of up to 60 months, making it function similar to a retail installment sales contract. At lease end, the customer can choose whether or not to pay a relatively small agreed upon pre-set and affordable residual balance to complete the purchase of the vehicle.

SPARTA SPORT LOAN

The SPARTA Sport Loan is our traditional retail installment sales contract finance product, but with the same liberal credit criteria that so many dealers want. We developed the SPARTA Sport Loan specifically for those customers who are determined to “own” their vehicle immediately, and because we want our dealer network to have the best choice of financing products from one source…SPARTA. Click here to see if the SPARTA Flex Lease, Purchase Plus Lease, or Sport Loan are available in your state.

Note: Dealer must provide all required stipulations, verifiable by SPARTA, prior to funding on all transactions.