Vectrix Corp. signed an agreement with Sparta Commercial Services to offer consumer financing for its three models, the company reported.
Sparta will make it easier for consumers to own a Vectrix, says Vectrix CEO Mike Boyle.
“We already have the largest nationwide dealer network of any electric vehicle manufacturer and offer the only true product family of electric road vehicles,” he said in the release. “With consumer financing in place, we are well positioned to continue our growth and make Vectrix available to more and more people.”
Anthony Havens, Sparta president and CEO, added in the release, “This first-ever program places Sparta at the front of the electric conversion revolution. We have a corporate commitment to provide financing that encourages advanced, entrepreneurial technologies and products that promote an improving environment. We look forward to working with Vectrix and its dealer organization in launching this exciting new program.”
This spring, Vectrix will introduce two new models, the VX-1E and the VX-2, both with lower prices designed to appeal to a larger demographic.