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EagleRider Offers Rental Financing, CPO Warranties

  • Natalie Mattila
  • March 16, 2016
  • 3

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EagleRider will add traditional loan options to its offerings for domestic and international rental tours, Chris Clovis, EagleRider’s vice president of operations, told Powersports Finance.

The Hawthorne, Calif.-based dealership group has its own in-house financial provider, EagleRider Finance — which provides wholesale and retail financing — as well as six lender partners, according to Clovis.

EagleRider projects to offer the traditional financing option by late October. The company currently offers only layaway-style financing for its rentals, which allows consumers to pay in installments prior to going on a tour, he added.

By the end of April, EagleRider will roll out a lifetime powertrain warranty program on certified pre-owned motorcycles. “It’s never been done, in the motorcycle business to my knowledge,” Clovis said.

The program, provided through an EFG Compa­nies platform, will offer consumers the ability to upgrade CPO motorcycles to a lifetime warranty from the original complimen­tary 90-day warranty, he said. Consumers can then bring their CPO motorcycle into any same-brand dealership for free repairs. “We’ll also have promos where it [the lifetime upgrade] will be included for free, but on a limited basis,” Clovis said.

EagleRider specializes in the sale, tour, and rental of new and used Indian, Harley-Davidson, BMW, Triumph, and Honda motorcycles.

This story originally appeared in Auto Finance News Update. Subscribe to receive more exclusive stories in your inbox.

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3 thoughts on “EagleRider Offers Rental Financing, CPO Warranties

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