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 programs
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 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 contract on the same unit. Plus, they’ve got 4 options
at lease end…which no retail installment contract offers: They can
(1) buy the unit for the original residual amount; (2) They can
re-lease it either to own, or for an additional limited period;
(3) They can upgrade to a new unit, or (4) They can simply walk
away with no further obligation.
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 contract 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 penalty! We believe that with
the Early Upgrade feature, the SPARTA Flex Lease
is the best and most aggressive finance program available. And,
we think you’ll agree.
The
SPARTA Flex Lease is available
for virtually any motorcycle over 600cc’s. Residuals
are almost always at least 40%, and as high as 65% of MSRP,
depending on the unit. And the SPARTA Flex Lease
can cover both new and used vehicles, with Harley Davidsons up
to 7 years old and all other major brands up to 5 years old.
SPARTA PURCHASE PLUS
SPARTA
also offers a “Purchase Plus”
program 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 contract. At lease end, the
customer also has the option to pay off the residual balance over
several additional months.
SPARTA SPORT LOAN
The
SPARTA Sport Loan is our traditional retail installment finance product, but with the same liberal credit criteria
that so many dealers want. We developed the 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 now.
Note:
Dealer must provide all required stipulations prior to
funding on all transactions.