Royal Enfield North America names retail financing partner
Powersports Business has learned that Royal Enfield North America has formed a partnership with FreedomRoad Financial for retail financing, starting Dec. 1. The partnership will give dealers the ability to offer a competitive range of retail finance options through Freedom Road Financial.
Through this partnership Royal Enfield will be offering a “No Payments, No Interest promotion on all 2018 Classic 500 motorcycle model purchased between Dec. 1, 2018 and Feb. 28, 2019.
“As our brand, sales and dealer network grow in the USA it is important for Royal Enfield to provide dealers and customers with the best retail finance options available,” said Rod Copes, president of Royal Enfield North America. “We are excited to announce this new partnership with FreedomRoad Financial. The timing is perfect as we are currently enjoying the excitement of the recent Himalayan motorcycle launch and the upcoming sales of our new Twins — the INT650 and Continental GT 650.”
“No other motorcycle company has a more storied history than Royal Enfield and we are very proud to partner with them to offer retail financing options for their customers. We look forward to working with them to expand their presence in this country and build on the great momentum that they have going,” said Tom Collins, executive vice president and managing director of FreedomRoad Financial.
The Classic 500 motorcycle model lineup includes: Classic (Lagoon, Black, Tan), MSRP $5,999; Classic Military (Gun Grey, Squadron, Battle Green, Desert Storm), MSRP $5,699; Classic Stealth, MSRP $5,799; Classic Chrome (Black, Green Graphite), MSRP $5,799; and Classic 500 Limited Edition Pegasus, MSRP $5,999.
