For all Yanmar excavators, carriers and wheel loaders purchased before 30th June 2020, purchasers can freeze hire purchase repayments for six months (subject to terms and conditions). A 10% deposit payment is required up front, alongside full VAT and a 拢195 document signing fee.
Yanmar says that starting payments 24 weeks later gives buyers have a free revenue source for six months before the first payment is due.
The sales initiative comes on the back of a 45% fall in UK plant sales in March. [See separate report here.]
David Cockayne, UK & Ireland sales manager at Yanmar Compact Equipment EMEA, said: 鈥淲e wanted to provide a simple way for UK customers to access the new machines they need today without the requirement for immediate monthly payments. Our 鈥榖uy now, pay later鈥 initiative is a hugely beneficial scheme designed with the customer firmly in mind.鈥
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