Ducati teams up with VW Credit for financing
October 14, 2013
Filed under Features
Ducati North America has announced the launch of its retail financing program for new and used Ducati motorcycles in the U.S. Supported by VW Credit, Inc. (VCI), a subsidiary of Volkswagen Group of America Inc., the newly established Ducati Financial Services (DFS) began operation on Sept. 5. The selection of financial services includes customer financing through Ducati dealers across the U.S. In addition, DFS will also offer ancillary products for new and used motorcycles, including the Ever Red Motorcycle Protection Plan, Guaranteed Asset Protection (GAP) plan and Road Hazard Tire and Wheel Protection plans.
“The introduction of Ducati Financial Services marks an historical time for Ducati North America. With specifically tailored, in-house programs, we are now able to effectively enhance and improve the customer buying and ownership experience,” said Dominique Cheraki, general manager of Ducati North America. “The implementation of a program of this magnitude represents a milestone in the development of Ducati and its growing dealer network in North America.”
The United States is Ducati’s largest market, with 9,258 units retailed in 2012. Now, supported by VW Credit, Inc., which provides financial products and services to Volkswagen dealers, Audi dealers and their customers in the United States, Ducati will benefit from the vast experience of VW Credit in the automotive finance business.
“We are delighted to offer competitive retail financing and ancillary products for the Ducati premium motorcycle brand,” said Andrew Stuart, CEO of VW Credit, Inc. “With Ducati Financial Services, Ducati customers and dealers have a strong, captive finance partner. They will benefit from more than 30 years of experience in the automotive finance business and we are really looking forward to working together.”