interest rate and rebates

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Roadkill95

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What do you guys think yamaha will do july 1st with rebates and interest rates? Keep the same? lower the rate? raise the rate? lower rebate? raise rebates? Suzuki is at 0% and honda I think was 1.9% yamaha 3.99%
 
Interest rates for Yamaha financing have been steady at 3.99% for 36 mos for several years now, so that would argue for continuation of that rate. Rebates get shuffled every quarter, just depends on what's in inventory and how much they want to move it. Personally, I don't think it makes much difference, bike loans are relatively short and the loan isn't much more than $12k or so. Over the life of the loan it doesn't make that much difference in the interest paid. But wait till next week and you'll find out, you could also call your dealer and see if they know what's coming.

Yamaha financing was backed by HSBC, but Capital One took over all of HSBC's accounts a few months ago. It may or not make a difference in the future interest rates. New creditor, new policies......maybe. Yamaha has a say in what interest rate they want to charge, but the cost of that interest rate is negotiated with Capital One. Lot's of moving parts in the equation.
 
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