Yamaha buy back program

[Rwolhar]

YAMAHA ANNOUNCES BOATING INDUSTRY’S FIRST GUARANTEED BUYBACK PROGRAM
ONLY AVAILABLE FOR US MARKET !

Yamaha today announced the boating industry's first guaranteed buyback program that provides buyers of new Yamaha WaveRunner® personal watercraft the opportunity to return their WaveRunner to their dealer after 36 months, and simply walk away or easily trade up to a new model.

 

[Rwolhar]

When a customer purchases a new 2013 or 2014 WaveRunner and finances on a 60-month term, the buyer can now have the peace of mind knowing that they have the option to return the PWC to the originating dealer after 36 months as a guaranteed buyback. The unit will be valued according to NADA (National Automobile Dealers Association) standards, and in the event that the customer owes more that the NADA Used Trade-In Value, the remaining loan balance will be paid by Yamaha up to $2,500.

 

[LouDoo]

This sounds to me like the same thing as a 36 month lease. Here's the link.

http://www.yamahawaverunners.com/ne...g-industry’s-first-guaranteed-buyback-program

Lou

 

[Guest_User]

I guess that is to boost sales? financing a toy more than 3 years is crazy IMHO.

I knew someone who had financed a pair of high dollar machines and the trailer, financed everything. within the first season the kawi 250 was hurting, he didn`t ride for another full year if not another year after that and is all upside down between loan and actual value, both machines are now junk and he was still paying for it... that`s what happens when your in a rush, get all excited, and the salesman wins...