• By Sales Operations

Now you have a choice on 2024 KTM Enduro models: choose a rebated reduced price, or, apply for the low rate finance offer.

Thanks to BoQ Credit, KTM Australia today announced a special 1.99% comparison rate finance offer for new 2024 KTM Enduro motorcycles, subject to approval and acceptance.

why not both a low price and low rate?

If you choose our reduced pricing, as advertised, or if we do better in-store, KTM assist us to achieve this with a rebate payment to us later on.

However, if you choose the low rate offer from BoQ Credit, we won't receive that rebated support.
This means we can still do a great priced deal on a new 2024 KTM Enduro, however it won't be as low as a non-low rate finance deal.

how do i know which would be better for me?

Our in-house Finance & Insurance Manager's can provide general advise, but not personal advise.  A qualified personal financial advisor is the only person who can advise you what to do in your personal circumstances.

We recommend to consider the great price we can provide you either with or without the finance offer, then consider the amount of interest you will pay over the term of the low rate loan and if you intent to keep that loan active for the full term.

what is the low rate finance offer in full?

1.99% comparison rate. A comparison rate is the total amount including fees and charges.

Loan terms are either 24 months or 36 months; no longer, no shorter.

A 20% deposit must be paid, this can be either your credit card deposit, savings, or a trade-in equity.

The offer is available from 18 March 2024 until 30 June 2024, inclusive.
All loans must be settled by 31 July 2024.

The type of loan is a fixed secure consumer loan. This means the rate won't change (fixed), the loan is secure (an encumberance is placed on the VIN of the motorcycle) and the consumer loan (not a business loan, as consumer loans are well protected by legislation). No other loan type is available for this special low rate offer.

All loans are subject to approval, and your acceptance. It is free to apply, with our Finance Manager's taking your application and submitting it on your behalf. If you are approved and want to proceed, acceptance will lock that in and the loan will be activated. The 20% deposit is payable once you accept the loan and proof of this must be presented to BoQ Credit to finalise.

what would i pay as repayments?

We have some examples for you below, based on national ride away pricing for 2024 KTM Enduro models, based on 3 years (36 months) with the 20% deposit accounted for:

MODEL REPAYMENT DEPOSIT
150 EXC 2024 $80 per week $3,043
250 EXC 2024 $90 per week $3,416
250 EXC SIXDAYS 2024 $101 per week $3,807
300 EXC 2024 $99 per week $3,739
300 EXC SIXDAYS 2024 $109 per week $4,109
300 EXC HARDENDURO 2024 $115 per week $4,357
250 EXC-F 2024 $90 per week $3,417
250 EXC-F SIX DAYS 2024 $100 per week $3,797
350 EXC-F 2024 $96 per week $3,649
350 EXC-F SIXDAYS 2024 $107 per week $4,065
450 EXC-F 2024 $98 per week $3,719
450 EXC-F SIXDAYS 2024 $110 per week $4,155
500 EXC-F 2024 $104 per week $3,925
500 EXC-F SIXDAYS 2024 $112 per week $4,249

 

The above is examples only, and will change depending on the price we can offer you on a brand new KTM or if you want to pay a higher deposit (for example).

what's the next step?

Get in touch with our Sales Team for a price on your new KTM.
If you wish to apply for the low rate finance, they'll introduce you to one of our Finance Manager's (Steve or Troy) who will take you through the finer details and can start the application.

what if i change my mind and don't want the low rate deal?

All good, we can reprice the KTM without the low rate offer and the application can be withdrawn.

can i apply for non-low rate finance?

Yes, any other loans that we can offer you to apply for with our lenders can be utilised just as normal, especially if you don't wish to pay an upfront deposit or want a longer term to reduce your repayments per week.

is this offer available on non-enduro ktm models?

No, only 2024 KTM Enduro motorcycles, brand new, are eligible.

i have more questions...

Call us during trading hours on +61732087999 and ask for Steve or Troy to get those answers you seek.

 

The Fine Print (Terms & Conditions)

Taken from the BoQ/KTM Document to KTM Dealers

Offer only available on new 2024 KTM EXC models purchased from 18/03/2024 until 30/06/2024 and
settled on or before 31/07/2024 and while stocks last. Offer only available at participating authorised KTM dealerships.

1. *The comparison rate is based on a secured consumer fixed rate loan of $10,000 for a term of 3 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

2. Fixed interest rate of 1.99% p.a. (1.99% comparison rate) is for a secured consumer loan for 24 to 36 months with a 20% deposit where the application is submitted between 18 March 2024 and 30 June 2024 (inclusive) and settles by 31 July 2024. This offer only applies to the purchase of new 2024 KTM EXC motorcycles from participating dealerships while stocks last. BOQC’s standard credit assessment criteria apply. Fees and charges are payable. Full T&Cs available at participating dealerships.

3. Credit provided by BOQ Credit Pty Limited ABN 92 080 151 266 (BOQC) (Australian Credit Licence Number 393331) trading as KTM Sportmotorcycle Finance. BOQC is a wholly owned
subsidiary of Bank of Queensland Limited ABN 32 009 656 740 (BOQ). BOQ does not guarantee or otherwise support the obligations or performance of BOQC and KTM Sportmotorcycle or the products it offers. The Banking Code of Practice may not apply to this product. BOQC’s standard credit assessment criteria apply.

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