Energica will help you facilitate that motorcycle loan through FreedomRoad Financial.
Begin press release:
Energica Motor Company continues to expand business opportunities in the United States and has now signed an agreement with FreedomRoad Financial to offer retail loans to customers via the U.S. Energica dealer network. The agreement will greatly facilitate the ability of customers to purchase their Energica motorcycles.
One of the most important tools to help dealers sell motorcycles to prospective customers is the availability of financing. At least 65% of all new U.S. motorcycle sales take place as a result of financing offers either from OEM’s directly, dealer programs, or (less often) the buyer’s own credit union or bank.*
Beginning immediately, riders who wish to experience the acceleration, power and purity of Energica motorcycles will be able to finance New, Used and Certified Pre-Owned Energica motorcycles from all model years. Rates and monthly payments offered will be comparable to those provided as standard throughout the automotive and powersports industries.
The whole Energica lineup of premium Italian electric sport machines will hence be available to fans of electric on a more consistent and affordable basis than ever before.
Current rates (as of September 1, 2020) will be as low as 4.19% for new units and 5.19% for CPO or used motorcycles for well-qualified customers. Loan periods are available from 24 months to 84 months.**
“Until now we’ve relied on the financing programs provided by our individual dealers, which means that we couldn’t communicate a consistent national offer.” Stated Stefano Benatti, CEO, Energica Motor Company Inc. “Our ability to support the sale of older models and Certified Pre-Owned units was also impacted. This agreement will change all of that and we expect great things as a result.”
FreedomRoad Financial is one of the largest U.S. national powersports lending companies, providing retail loans to riders on numerous brands. They understand the rider lifestyle and work hard to help their customers optimize the excitement and enjoyment of their motorsports experience. Their team takes great pride in maintaining the highest level of customer service and dealer satisfaction. They’re not just powersports lenders, many of them are motorcyclists, too. That’s why their motto is GET OUT AND RIDE!
Energica Motor Company this year has shown remarkable resilience and even significant growth despite the effects of the global pandemic. The new 21.5 kWh motorcycles range continues to obtain excellent positive feedback from the market, both globally and in the U.S. market.
*J.D. Power Motorcycle Owner Surveys, based on questionnaires of from 3,500 to 5,000 new motorcycle owners annually over a ten-year period. The percentage of buyers using financing programs also varies considerably according to availability of OEM Special Financing for specific models.
**Note that rates will vary according to credit score and tier of the customer, whether the purchased motorcycle is new or used, the amount of the down payment placed by the customer, and length of contract term.