“It’s going to be a specific buyer that fits into that [leasing],” Scott Paullin, operations manager, told Powersports Finance on Tuesday. “Much like the car industry, I think that leasing motorcycles might have similar criteria for what customers want to do, and I’m glad we have that to offer.”
GO AZ was interested in the partnership with MotoLease due to the low payment options, Paullin added. “There [are] some really good terms in payments for customers, and that fits what [consumers] are looking for.”
Scottsdale, Ariz.-based GO AZ offers various brands of new and used motorcycles, ATVs, scooters, and side-by-sides.
MotoLease offers lease-to-own options to its consumers, with payment terms of 18-60 months. The company makes leases through 1,000 dealers; it funded 7,000 powersports vehicle leases — which had a face value of $100 million — in 2015.