Yanmar offers ‘buy now, pay later’

Yanmar Compact Equipment has introduced a ‘buy now, pay later’ sales initiative in Europe, the Middle East and Africa that allows rental purchase repayments to be frozen for six months.

The pan-European initiative applies to all excavators, carriers and wheeled loaders bought before 30 June 2020.

A 10% deposit is required, along with full VAT and a document signing fee. The purchaser then effectively has a free revenue source for six months before the first payment is due – something that is particularly helpful in the current climate with Covid-19.

Speaking about UK and Irelands, Yanmar’s EMEA sales manager David Cockayne said, “We wanted to provide a simple way for UK customers to access the new machines they need today without the requirement for immediate monthly payments.”

Although the scheme is available across Europe, specific terms and conditions vary from one country to another.