Arctic Cat Inc. launched a 0% financing promotion on applicable ATVs and side-by-sides through two of its partnered lenders, Sheffield Financial and FreedomRoad Financial, the company announced on March 31.
The ATV promotion is valid for 0% financing for 60 months plus a two-year limited factory warranty, or up to $1,500 in rebates plus the warranty on 2012-16 model year ATVs, according to the company’s website.
The side-by-side promotion is valid for 60 months plus a two-year limited factory warranty, or rebates up to $3,000 plus the warranty on 2012-16 model year side-by-sides. Consumers can also receive the same promotion, plus a four-year limited warranty on the new 2017 HDX Crew.
In addition, Arctic Cat will also offer 4.9% financing for 60 months plus the two-year warranty on the new 2017 Alterra TRVs and 2017 Prowler 500s.
All offers expire on April 30, and a $50 document fee will be charged to consumers using Sheffield Financial, according to the website.
Sheffield Financial, based in Clemmons, N.C., provides financing for approximately 80% of Arctic Cat’s products that require promotional financing, Jack Snow, Sheffield’s chief executive, previously told Powersports Finance, and Reno, Nev.-based FreedomRoad added Arctic Cat to its OEM roster in late 2014.
“Arctic Cat is a great addition, because it allowed us to diversify our portfolio from financing only motorcycles, to financing powersports,” Tom Collins, FreedomRoad’s executive vice president and managing director, previously told Powersports Finance. “Our business model is a little different, and is one in which we had chosen to partner with a number of OEMs, and play the role of their captive finance company.”