Post Tagged with: "Yamaha Motor Corp."

East Texas Dealer Eyes Lenders to Bulk Up Millennial Loan Approvals

East Texas Dealer Eyes Lenders to Bulk Up Millennial Loan Approvals

by March 7, 2017 at 10:30 am

Ross Motorsports is on the lookout for lender partners, particularly those with financing programs for millennial buyers, in an effort to boost approval rates, said newly promoted General Manager Ryan Williams. The Lufkin, Texas-based dealership sells Arctic Cat Inc., Yamaha Motor Corp., and American Honda Motor Co. brand vehicles. RossRead More

Ross Motorsports Doubles Finance Income, Partners With MB Financial

Ross Motorsports Doubles Finance Income, Partners With MB Financial

by February 23, 2017 at 12:00 pm

Ross Motorsports doubled its finance income garnered through its seven lender partners in 2016, as compared with 2015, and expects more growth this year, thanks — in part — to a new partnership with MB Financial Bank, the dealership’s General Manager Ryan Williams told Powersports Finance. Ross Motorsports has been gathering adviceRead More

Harley-Davidson to Lean on HDFS More in 2017, Despite Rising Losses

Harley-Davidson to Lean on HDFS More in 2017, Despite Rising Losses

by February 13, 2017 at 1:10 pm

It appears that Harley-Davidson Inc. will be relying more on its captive Harley-Davidson Financial Services this year — despite rising credit losses — as more discounts and financial incentives are anticipated from foreign manufacturers. “Harley-Davidson’s primary promotional tool over the years has been financing incentives,” said James Hardiman, managing directorRead More

EXCLUSIVE: Yamaha Opens Card Program to Other Brands, Used Vehicles

EXCLUSIVE: Yamaha Opens Card Program to Other Brands, Used Vehicles

by February 6, 2017 at 12:50 pm

Yamaha Motor Finance Corp.’s credit card program now includes the ability to finance nearly all powersports brands and used vehicles up to seven years old — for a limited time. The expanded program was launched Feb. 1 and is valid through March 31, according to a document shared with Powersports Finance.Read More

Top 5 Times Revolving Credit Made Headlines

Top 5 Times Revolving Credit Made Headlines

by December 30, 2016 at 11:30 am

After Capital One Financial Corp. announced its gradual exit from the powersports finance space late last year, revolving credit quickly dominated headlines throughout 2016. There has been industry chatter regarding which companies will fill the revolving credit void, and Yamaha Motor Finance Corp. already threw its proverbial hat into theRead More

Yamaha Uses Card Program to Bolster Consumer Relationships

Yamaha Uses Card Program to Bolster Consumer Relationships

by December 26, 2016 at 10:30 am

Yamaha Motor Finance Corp. will leverage its credit card program to move into the direct lending space going into 2017, said Executive Vice President and Chief Operating Officer Jeff Young. The card program, which launched on Nov. 1, allows the captive to form direct relationships with customers, Young told PowersportsRead More

Texas Dealer Focuses on Lender Relations to Avoid Customer Flipping

Texas Dealer Focuses on Lender Relations to Avoid Customer Flipping

by December 14, 2016 at 12:30 pm

Ross Motorsports is setting its sights on forming “good relationships” with lender partners, in order to prevent customer flipping, Finance Manager Ryan Williams told Powersports Finance. About two out of every 10 customers at Ross Motorsports are flipped to a different vehicle brand, due to a lack of “diverse lending”Read More

Yamaha Rivals Potential Competitors With Subvented Rates

Yamaha Rivals Potential Competitors With Subvented Rates

by December 8, 2016 at 12:30 pm

Yamaha Motor Finance Corp. aims to counter its potential revolving credit competitors by supplying a credit card program that will offer subvented promotional rates through only one source — Yamaha Motor Corp., said Executive Vice President and Chief Operating Officer Jeff Young. The ability to offer subvented rates, “is the wholeRead More