Macklin's new 'buy now pay later' offer 09 | 11 | 2016
VERTU MOTORS, WHICH operates the Macklin Motors group of dealerships in Scotland, has partnered with Hitachi Capital Motor Finance to launch a Buy Now Pay Later 0% deal with a six month deferred period for customers.
Hitachi sees the new agreement as a “revolutionary deal, complementary to Vertu Motors’ current five-year 0% deal.”
But unlike the five-year 0% package, the new deal allows customers who purchase a car in the last quarter of 2016 will now have the option to make their first payment in April 2017, six months deferred from the time of purchase.
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Hitachi Capital Motor Finance will support Vertu Motors in offering the Buy Now Pay Later 0% deal at its 141 outlets.
According to the finance company, the new offer will make inance deals not only simpler to administer and fairer to the customer, but also more profitable for dealers.
“We are delighted that Vertu Motors have entrusted our team of finance experts to offer this deal, the first of its kind, to motor dealers,” Jonathan Turner, strategic development manager, Hitachi Capital Motor Finance, said.
“Over the coming years I look forward to building on our great relationship with Vertu Motors to offer more customers than ever before the flexible finance packages they need to help their businesses grow and thrive in the fast-paced motor industry.”
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Jim McGill