Proof That People Will Race Anything, And Now They Can Buy On Credit, Too

Proof That People Will Race Anything, And Now They Can Buy On Credit, Too

© 2004, Roadracing World Publishing, Inc.

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From press releases issued by KYMCO:

KYMCO Credit Services Offers Customers Convenient Dealer-Based Financing

Inman, SC — KYMCO USA announces the formation of KYMCO Credit Services, a program that will enable customers to conveniently finance their purchases directly through any participating KYMCO dealer.

The KYMCO Credit Services program is underwritten by Sparta Commercial Services, the only independent, nationwide financial services company exclusively dedicated to the powersports industry. As enthusiasts themselves, the founders of Sparta believe that the industry’s dealers and their customers deserve to have a financial services company available that is fully committed to meeting their unique requirements.

Participating KYMCO USA dealers submit credit applications online, which are reviewed within minutes and, when approved, funded within 48 hours. KYMCO Credit offers a liberal credit policy that is unique in the lending industry. Unlike most other lenders, KYMCO Credit recognizes that circumstances can sometimes skew a credit review unfairly. By assigning a live credit analyst to every questionable application, KYMCO Credit tries to put every customer on the ride of his or her dreams.

KYMCO Credit will lease or finance both new and used scooters, ATVs, and Venox model motorcycles up to 3 years old. For those customers who prefer the advantages of leasing, KYMCO Credit offers a Purchase-Plus Program with lower payments early-on and a pre-set buy-out amount at the conclusion of the lease, which can be financed at that time. The Purchase-Plus Program is also be referred to as a “lease-to-own” arrangement.

For those customers who prefer installment financing for the purchase of their new or used vehicle, the KYMCO Credit Sport-Loan has competitive rates, excellent terms, and the same liberal credit policy, all designed especially to meet the needs of the powersport enthusiast.


KYMCO Scooters Go Racing, Capture Trophies

Inman, SC –The Moped Hospital in Key West, Florida, is one of the largest scooter dealers and rental outlets in the U.S. With more than 200 KYMCO scooters in its fleet, the Moped Hospital is sold on KYMCO quality and support. Their confidence is so high that they decided to make an extreme leap — take modified Super-9 models and form a racing team.

Already very popular in Europe, the sport of scooter racing is growing in the U.S. Races are usually run on go-cart tracks, with trophies and bragging rights the only rewards. One organizer, the Mid America Sport Scooter Racing Association, bills it as “the cheapest form of road racing on the planet!” Even on these short, flat tracks, scooters reach speeds of 55-60 mph.

“It’s amazing what we can get out of such a small motor,” says Moped Hospital co-owner Steve Olson, referring to the 50cc engine found in the KYMCO Super-9 models his team is racing.

For the track, stock KYMCO engines are modified using aftermarket parts that come primarily from Europe. The “European Power Pack” (available from Moped Hospital Racing) includes a 70cc performance aluminum cylinder and piston from Airsal, a new Arreche 19mm carburetor to replace the factory 14mm carb, and a Technigas performance exhaust. Moped Hospital Racing also offers a Taiwanese Power Pack that is somewhat lower in price. Aftermarket primary gear sets, belts, clutches, and variators (transmissions) are also available.

Ryan Bastianelli of Chicago is the Moped Hospital team’s top rider. “With these 50cc engines (kitted to 70cc) we are able to beat some of the 150-200cc Vespas,” says Steve Olson.

Moped Hospital and especially Olson have had a long relationship with KYMCO Motorsports and the KYMCO brand. “As one of the largest moped and scooter dealers in the country, we’ve tried other brands, but it just isn’t worth the aggravation. Key West is small, so when I make a sale I have to be able to support that customer for at least three years, or they will never come back and buy anything from me again. There’s no question that KYMCO builds in good quality, and they support us with replacement parts. As the team racing proves, these models are actually overbuilt from an engineering standpoint.”

About the Super-9

The Super-9 is the top of the line of KYMCO 50cc scooters, featuring a liquid cooled, oil injected engine with electric start. Front and rear disc brakes, under seat storage and aggressive styling place the Super-9 in a class of its own. This scooter has the edge, delivering performance and value wrapped in a striking visual package.

About KYMCO

With headquarters in Taiwan and distribution in 63 countries, KYMCO is a global leader in power-driven products, under the corporate slogan “Power Your Life.” Five manufacturing plants in Asia use the latest technology for the engineering and production of reliable engine, chassis, and other components. KYMCO is committed to maximum customer satisfaction and constant innovation, making use of the most advanced CAD/CAE tools to provide the best technical service.

KYMCO scooters, motorcycles and ATVs are imported through KYMCO Motorsports USA in Inman, South Carolina, where the warehouse, management, and marketing facilities are located. An ever-expanding dealer network currently serves over 400 U.S. locations. Dealer inquiries are invited.


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