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Autodesk Financing Promotion
Now you can make no payments for two months and get 0% interest for an additional 12 months on most Autodesk® software purchases until January 16, 2009.* Don’t hesitate to get the tools you need to boost your efficiency and productivity.
ACT NOW AND INCREASE YOUR TAX DEDUCTION.
If you act before December 31, 2008, you may be able to write off the full cost of your software through the federal Section 179 deduction. Many businesses can deduct the full purchase price of qualifying equipment purchased or financed — like Autodesk software — during this tax year.
Specific requirements do apply in order to be eligible for this promotion.
Please contact us or call us
(973) 882-8008 to find out if you can take advantage of this great money
saving offer!
Autodesk Financing Promotion
Frequently Asked Questions and Answers
- What is the Autodesk Q4 Financing Promotion?
Beginning November 3, 2008 through January 16, 2009, Autodesk has made arrangements to
offer qualified end-user customers in the United States and Canada, financing consisting of
deferred payments for 60 days, plus 0% financing for twelve months (14 month total term).
- What if a customer needs 24 or 36-month financing?
For customers requiring 24 or 36-month terms, promotional “blended rate” terms may also be
available. (see question #3)
- What is a blended rate?
In addition to the 0% financing offer, customers may be able to extend their payments over a 24
or 36-month period. With this longer payback period, the interest rate will not be 0%; it will carry
an interest rate that “blends” the 0% 12-month promotional rate with market rates for the balance
of the term.
Promotional Blended Rates
| Term |
Total Term |
Effective Interest
Rate U.S. |
| 60 day no payments, plus 0% 12-month financing |
14-months |
0.00% |
| 60 day no payments, plus 22-monthly payments |
24-months |
5.96% |
| 60 day no payments, plus 34-monthly payments |
36-months |
6.89% |
- What is the minimum amount customers can finance?
The minimum finance amount is U.S.$5000 / CAD$6000 of Autodesk software and/or Autodesk
Subscription. Restrictions apply. (see question #5)
- What are the restrictions on this offer?
- Autodesk Subscription may not exceed 50% of the total amount financed.
- All promotional financing is contingent on credit approval by the financing provider, in its sole
discretion.
- All credit applications must be submitted and approved by 12:00PM CST January 16, 2009
to qualify for the promotional financing and financed product must be invoiced and delivered
to the end-customer no later than January 30, 2009.
- Are there any fees associated with the financing?
A nominal documentation fee is required and will be included in the financing document package
along with the Installment Payment Agreement.
- Can taxes and shipping be included in the financed amount?
In most cases taxes and shipping can be included in the financed amount.
- What customers may participate in this offer?
Commercial end-user customers in the U.S. and Canada purchasing from Autodesk Direct and
Indirect VARs, Autodesk NFCs, Autodesk ISVs (in good standing) and Autodesk Strategic or
Key Accounts purchasing directly from Autodesk may participate in this offer. (Latin America,
Education, Government and e-store are excluded.)
- Who provides the financing?
In the U.S., financing is primarily provided by Key Equipment Finance. In Canada, financing is
provided through Leasebank.
- What are the effective dates of the promotion?
The Autodesk Q4 Financing Promotion runs from November 3, 2008 through January 16, 2009.
All credit applications must be submitted and approved by 12:00PM CST January 16, 2009 to
qualify for the promotional financing. Financed product must be invoiced and delivered to the
end-user customer no later than January 30, 2009.
- What is the last day to submit for and have financing approved?
To qualify for the special promotional finance rates, all customer applications must be submitted
AND approved no later than 12:00PM CST January 16, 2009.
- What is the last day for invoicing and delivering the product to the customer?
Financed product must be invoiced and delivered to the end-user customer no later than
January 30, 2009.
- Can customers finance Autodesk Subscription renewals without purchasing product?
No. Autodesk Subscription (new and renewal) may not exceed 50% of the total amount
financed.
- What if a customer has an existing Autodesk Subscription contract up for renewal after
January 30, 2009? Can they renew early and include this in the promotional financing?
Early renewals are not eligible for this promotion.
- Can Autodesk consulting services be included with the promotional financing?
Not without the prior written consent of the Autodesk sales management team.
- Does this mean Autodesk or its Channel Partners are going into the lending business?
No. All finance agreements made as a result of this program will be executed directly between
the end-user customer and the finance company (Key Equipment Finance in the U.S. or
Leasebank in Canada).
- What is a rate buy-down?
A financing rate buy-down is similar to buying down the finance rate on a home purchase. In
the case of a purchase made through a Channel Partner, the Channel Partner subsidizes the
rate to the customer that is less than current market-rate (e.g., 0.0%, 0.9%, 1.9%, 2.9% etc.).
Please contact your financing provider for details and a quote.
- Are there any tax benefits associated with financing? (U.S. Only)
IMPORTANT NOTE: Customers should consult their personal tax advisor on their specific
situation; these are general guidelines for U.S. taxpayers and not to be construed as tax or legal
advice.
The Economic Stimulus Act of 2008 has increased the amount of the deductions allowed under
IRS Section 179 for new equipment. In addition, the Act generally permits a bonus first-year
depreciation deduction of 50% for qualifying property acquired and put in service after
December 31, 2007 and before January 1, 2009. This bonus is in addition to normal first-year
depreciation.
- What property qualifies for IRS Section 179?
For more information and qualification details, please consult your tax advisor or visit
http://www.section179.org.
- How long does the application process take?
US: In many cases, credit approval can be completed in minutes or hours. Large deals
(>$150K) and customers without sufficient public records may require additional documentation
and time.
Canada: Once all required information has been provided, approval can be completed in 4
hours or less. Larger deals (>$50K) may take longer depending on the circumstances.
- How will this program benefit Autodesk customers?
By making attractive financing available for software product purchases, the Autodesk Finance Program will allow more Autodesk customers to profit from the latest advances in design
technology. Compared to typical bank loans, the Autodesk Finance Program has the potential
to allow end-user customers to conserve cash by requiring no large down payment or
compensating bank balances. Additionally, customers will have low, predictable monthly
payments, and an additional source of credit outside of their banking lines. Customers who
finance software may also benefit from improved asset management and certain tax benefits.
Please contact us for valuable
product pricing information or if you wish to purchase on-line from Autodesk,
click the link below.
List all pages on Autodesk Financing Promotion or search Google for Autodesk Financing Promotion
RESTRICTIONS. AUTODESK RESERVES THE RIGHT TO CANCEL, SUSPEND OR
MODIFY PART OR THIS ENTIRE PROMOTION AT ANY TIME WITHOUT NOTICE, FOR
ANY REASON IN ITS SOLE DISCRETION.
Autodesk is a registered trademark of Autodesk, Inc., in the USA and/or other countries. All other brand names, product names, or
trademarks belong to their respective holders. Autodesk reserves the right to alter product offerings and specifications at any time
without notice, and is not responsible for typographical or graphical errors that may appear in this document. © 2008 Autodesk, Inc.
All rights reserved.
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Autodesk
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