Vectrix Offering Consumer Financing

Publish Date: 
Feb 12, 2009

VECTRIX CORP. now offers consumer financing through Sparta Commercial Services. Under the agreement, financing for consumers will be available for all three Vectrix models at Vectrix dealers across the country, as well as for government agencies wishing to lease vehicles for their fleets.

The Vectrix flagship VX-1 (MSRP $10,495) was introduced in 2007 and updated for 2009. This spring, Vectrix will introduce two new models, the VX-1E ($8,495) and the VX-2 ($5,195), both with lower prices designed to make Vectrix available to a wider audience. All three models are being displayed by Vectrix at Dealer Expo in Indianapolis.

“With consumer financing in place, we are well positioned to continue our growth and make Vectrix available to more and more people,” said Mike Boyle, president and CEO, Vectrix.

“We have a corporate commitment to provide financing that encourages advanced, entrepreneurial technologies and products that promote an improving environment,” said Anthony L. Havens, president and CEO, Sparta. “We look forward to working with Vectrix and its dealer organization in launching this exciting new program.”

Rhode Island-based Vectrix already has an agreement with GE Capital Solutions' Commercial Distribution Finance to provide inventory floor planning for North American Vectrix dealers.

- Submitted by Guido Ebert