How to Pay Your Yamaha Factory Financing Bill: A Step-by-Step Guide

If you financed your new Yamaha vehicle through Yamaha Factory Financing it’s important to understand how to properly pay your bill each month. Yamaha Factory Financing provides lending services to approved customers to help make purchasing Yamaha motorcycles ATVs, side-by-sides, scooters, snowmobiles, and more an easy process. As a customer, you’ll receive a monthly financing statement detailing your payment due date, balance, and payment options. Avoid late fees and credit impacts by learning how to pay your Yamaha Factory Financing bill on time and through various convenient methods.

Overview of Yamaha Factory Financing

Yamaha Factory Financing is the official financing division of Yamaha Motor Corporation, US.A They provide lending services to customers across the nation to help purchase Yamaha vehicles and products. Here are some key things to know

• Offer financing plans from 1-7 years for new and used Yamaha vehicles

• Require little or no down payment for approved applicants

• Provide flexible terms tailored to fit monthly budgets

• Financing can be applied at authorized Yamaha dealers

• Monthly statements are mailed or emailed with payment due dates

• Various payment options available for convenience

• Account access online to manage payments and information

Now let’s look at how to properly pay your Yamaha Factory Financing bill each month.

Pay Online Through My Yamaha Account

The fastest and most convenient way to pay is through your online My Yamaha Account:

1. Go to yamahamotorfinanceusa.com and click “Make Payment”

2. Log into your My Yamaha Account

3. Select your financing loan and click “Make Payment”

4. Choose one-time or recurring payment options

5. Enter card or bank account information

6. Confirm payment details and authorize

7. Get email confirmation of processed payment

Online payments post instantly to your account, avoiding late fees. Convenience fees may apply based on payment method.

Paying Your Bill by Phone

You can easily pay your Yamaha financing bill over the phone:

1. Call Yamaha Financial Services at 1-800-935-4255

2. Select the financing account loan you want to pay

3. Follow prompts to enter payment information

4. Choose to pay full balance, minimum due, or custom amount

5. Provide debit/credit card details for payment

6. Payment will process immediately with confirmation number given

This method works well for quick phone-based payments. Expect service fees to apply.

Paying by Mail

To pay your financing bill by physical mail:

• Make check or money order payable to “Yamaha Financial Services”

• Write your 16-digit account number clearly on the check

• Detach and include payment slip from your statement

• Mail to: Yamaha Financial Services PO Box 504125 San Diego, CA 92150

• Allow 7-10 business days for delivery to avoid late fees

Mailing a payment takes longer to post but doesn’t incur processing fees. Mail at least 1 week before due date.

Paying in Person

You can pay in-person at select authorized Yamaha dealers:

• Contact dealer first to confirm they accept payments

• Bring billing statement or know your account number

• Have payment ready – cash, check, card, etc.

• Get receipt from dealer as proof of payment

• Payment will be forwarded to Yamaha Financial Services

Paying in-person prevents late payments. Contact Yamaha Financial Services to find participating dealers near you.

Setting Up Automated Payments

For hands-free convenience, enroll in auto-pay through your bank account:

• Contact your bank to authorize recurring withdrawals

• Provide Yamaha Financial Services payee information

• Input your 16-digit account number

• Specify payment amount for withdrawal

• Bank automatically sends payments on due date

Automatic payments give peace of mind knowing your bill is always paid on time. Just ensure sufficient funds by withdrawal date.

Avoid Late Fees and Credit Impacts

Pay your Yamaha Factory Financing bill on time each month to prevent:

• $15 late fee if not received within 10 days of due date

• Additional late fees for ongoing delinquency

• Possible loan default if chronically late

• Harmful hits to your credit score and report

Stay up-to-date on payments to maintain good standing on your account and financing terms.