My payoff is more now than what I would pay with principal and interest in the remaining 26 months.
We purchased 3 Yamaha waverunners and our payment is 1046.00 including interest and principal and no prepay penalty. We still owe for 26 months and we called to pay it off today and it is $27,343.54 which is more than what is owed in the 26 months which would be 27,214.72. I spoke to a supervisor and had her figure it up and she said it was 27,214.72 and I asked her why I was paying more today than what I would be paying in 26 months and all she could say was if you want to pay it off today it will be 27,343.54.
Don't ever get a loan with Yamaha or for that matter buy their products if this is how they treat their customers.
the girl I was dealing with had no training
applied for loan was told I did earn enough to get approval was told my
monthly expenses were to high and my mortgage to high
I don't have a mortgage train your staff better
Revvs ya blood pressure
Had the worst experience ever with Yamaha ha what a joke,badly trained,no customer service ,really bad attitude, problems run deep with management also in dealing with problems when they arise.
Don’t trust these people
I am the purchaser or a bike , which is under finance by YMF
I have paid the full amount
YMF have issued a receipt
They are now saying it takes 3 days!!!
The bike legally now can’t be insured
The original owner can’t insure it because legally he’s sold It to me
He can’t do the transfer of ownership because YMF won’t release it
Their reason is because I might change my mind about the purchase and ask for my money back !!!
How stupid is that?
I have friends who own car dealerships ...
Got a loan for two jetskis through Yamaha motor finance and they added an extra 3k on my contract for a sports water pack that doesn’t exist. Yamaha motor finance does not want to take responsibility of their fraudulent legal contract and also charged me an extremely high interest rate. Will be taking it further
Horrible finance company
They lie cheat and steal from you. I world not recommend financing through them. Horrible customer service as well. They tell you one thing and do another. They have ridiculous late fees.
Cheats - don't trust them on their word
Got a motorbike from them on a 6 month interest plan. Had the documents signed and everything. My next statement in the mail had it set to 3 months. I asked them to honour their documents but it has now been stuck to 3 months interest free. No big deal but now I know never to buy Yamaha again.
So far my own experience has not being great with them and I am about to cancel the deal. Poor service never get back to you, they have had my application for three weeks. It is now the eleventh hour still requesting info that was previously supplied. Just an absolute mess on their part.
Stay away from this company.
The finance team is under-staffed and does not provide statements when requested. On one occasion when I asked them to clarify fees I had been charged they told me "That's not my job, do it yourself"
When I tried to payout the loan early they added numerous fees, when I asked them to clarify the early termination fees the manager flat out refused.
On numerous occasions they would call up and threaten repossession.
I'm a business manager and oversee 20 staff members, I have never experienced such a lack of professionalism in all my dealings, which is surprising given the company is run by Yamaha.
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|Interest Rate||10.15% p.a.|
|Comparison Rate||12.36% p.a.|
|Repayment Frequency||Fortnightly, Monthly and Weekly|
|Loan Term||2 to 5 years|
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