Financing Your FUV

The FUV might be a good option for a student or person who doesn’t need to travel far or more than a few (10-20) miles on a highway daily. If you don’t have cash to purchase you can go to your local credit union for a motorcycle loan. 

Or, try FreedomRoad Financial for a 1.99% loan. A base model FUV runs $17,900, but you’ll need to keep in mind $1200-$2500 various costs such as destination fee ($400+), other fees, taxes (Oregon Manufacturers tax $100+), licensing, and registration. It depends on your location. 

Plus also keep in mind shipping which can cost anywhere from $1200 to ship to California to $2500 to ship to Florida.

So here are some monthly payment scenarios (which seem extremely high to me due to limiting financing to 36 months):

If you are in Oregon, financing might look like this with the $2500 rebate:

And if you are low/moderate income in Oregon, you might qualify for another rebate (Charge Ahead):

Like many rebates, the Clean Vehicle rebate can take a few months to receive after application. The Charge Ahead can take a year or more.

From Arcimoto:

“We are pleased to announce that our finance partner FreedomRoad Financial will be offering a special 1.99% APR* financing for up to 36 months to qualified customers for the entire month of October. With a low starting price, rebates and incentives, and now a monthly payment rate that rivals what some spend per month on gas, the FUV is the easiest and most affordable way to start driving electric today. Head over to arcimoto.com/finance for a list of all our financing partners or complete our finance interest form and a member of our Customer Experience team will reach out to you.”

“For our customers in Oregon, we are excited to share that current owners and new buyers of the 2022 FUV automatically qualify for the $2,500 Clean Vehicle Rebate, and may qualify for an additional $5,000 via the Charge Ahead Rebate, for a potential total savings of $7,500. You can learn more about these rebates and how to apply at goelectric.oregon.gov/incentives-rebates.”