Suzuki Marine offers financing on engines

Author:
Updated:
Original:

Suzuki Marine is offering a finance plan for customers who want to repower their boats with new engines.

Because securing financing for an engine can be difficult, and given the cost of upgrading to outboards with new technology, many people who would like to repower boats are not able to do so. As a result, Suzuki Motor of America Inc. is teaming with GE Capital Retail Finance to offer repower finance plans through GE Capital Retail Bank.

Suzuki Marine dealers will be able to offer repower customers retail financing on new Suzuki outboard engines, as well as the cost of rigging and parts.

“Since many Suzuki Marine dealers specialize in repower sales, the ability to offer financing is an extremely valuable sales tool,” Suzuki Motor of America dealer operations manager Jonathan Woolson said in a statement. “Based on the positive responses from some of our key dealers, I think we have a winner.”

Participating dealers will offer introductory rates as low as 5.99 percent APR for 60 months on engine-only purchases through Dec. 31.

Related

Caught Red-Handed

Two commercial fishermen were jailed for possessing an illegal haul that included 100 undersized lobster tails, which is a felony. Also, fisheries management gets new funding.

Bennington Expands Operations

The pontoon builder plans to add jobs at its new facility in Elkhart County, Ind., and increase manufacturing output.

KVH Industries Names CFO

Longtime telecom financial executive Roger A. Kuebel assumes the position that COO Brent Bruun had held in an interim capacity.

Quick Hits: March 4, 2021

Today at 4pm: Intrepid Powerboats celebrates president Ken Clinton’s 30th anniversary with a Facebook Live Q&A.

Sustainability at Navico

The electronics giant recently shifted to 100 percent recyclable packaging and appointed its first chief sustainability officer.

Soundings Trade Only hosts ‘Pitch the Pros’

The one-hour virtual sessions this week featured 18 companies that introduced products and technologies to more than 530 attendees.