Yes. However, Buy Now Pay Later is only used by select participating eFoil makers.
Buy Now Pay Later is an attractive financing option to online shoppers because it allows them to make a big purchase immediately. Naturally, eFoil brands picked up on this trend and added it as a payment option.
There are a handful of eFoil makers who offer Buy Now Pay Later financing for eFoil boards:
- Foil – Offers BNPL with Affirm
- Avante Innovations – offers BNPL with Affirm
- Waydoo – Offer BNPL with Klarna
- Lift Foils – does not offer BNPL financing*
*Lift Foil used to offer BNPL through Affirm in 2019 but has since removed the financing option from their website.
Buy Now Pay Later exploded as a popular financing option due to the pandemic which pushed shopping online since everyone had been cooped up inside. Buy now pay later had been around for years but wasn’t widely used until that point.
Shoppers love Buy Now, Pay Later because of the convenience and flexibility of making a large purchase without the need for a credit check.
Advantages and Disadvantages of Using Buy Now Pay Later for an eFoil.
Buy Now Pay Later gives eFoil enthusiasts wiggle room to buy their new toy without the hassles of credit financing.
The best part of using Buy Now Pay Later is getting to take your eFoil home from the dealer or getting it delivered to your house, then paying for it another time as the name implies. However, the biggest issue for shoppers that use Buy Now Pay Later is they could forget to pay their installment payments.
However, if you’re a high earner and on top of your debits and credits then you shouldn’t have anything to worry about.
| Advantages of Buy Now Pay Later | Disadvantages of Buy Now Pay Later |
| 0 interest rates for four payments | Late payments affect credit score |
| 0 hidden fees | Tardy penalty fees |
| Credit score isn’t examined | Interest fees for monthly installment plans |
| Predictable automatic payments | Could lose track of loans |
eFoiling is an expensive hobby but with Buy Now, Pay Later financing it has become more accessible to others.
Alternatives to Buy eFoils Instead of Buy Now, Pay Later
Buy Now, Pay Later has been great for eFoil enthusiasts but unfortunately not all of the eFoil brands offer it.
The good news is most eFoil surfboard producers accept all major debit, credit cards and bank transfers. Most riders opt to use a bank transfer or a debit card instead of credit card financing to avoid fees and interest rates.
However, those who opt for credit card financing must check with the brand to ensure that they accept the card. The reason some eFoil brands may not accept your credit card is due to high transaction fees.
American Express is guilty of this which is why many restaurants choose not accept their cards.
The Reason eFoils are So Expensive
eFoils carry a heavy cost because the materials required to produce them must be waterproofed, there is a limited number of skilled board makers, and there’s even less brands building them.
Heavy costs paired with skilled laborers needed to produce eFoils makes for an expensive board. It also doesn’t help that there is a few brands able to produce quality eFoil surfboards.
We covered more on this in a previous article. To give you an idea, according to Lift just to get a demo it costs $250. However, this may vary depending on demo location to location basis across the globe.
The good news is if you choose to buy an eFoil the $250 you spent on the demo will be applied to the purchase of the eFoil.
Think of it as a downpayment towards your brand new eFoil!
Should I Get a Demo Before I Buy an eFoil?
Yes. Each brand of eFoil has its quirks and imperfections. It’s better to learn with a professional than by yourself after you already footed the bill.
Lift offers a try before you buy program with over 300 demo locations worldwide. Demo locations are available in Asia, Australia, United States, New Zealand, South America, Europe, and Africa.
With that many locations in just about every continent You get 90 minutes with a world class trainer to show you how to use an eFoil the correct way without having to figure it out on your own.
If you surf, skate, or snowboard, eFoiling may come more naturally to you than someone who does not. Even if you don’t ride a board, don’t worry eFoiling is designed to be a user-friendly experience.
Should I Use Buy Now Pay Later for My eFoil Purchase?
This is entirely up to you.
If you feel comfortable with the terms and agreement that come with Buy Now Pay Later then go for it.
However, if you’re having second thoughts on using Buy Now Pay Later as a financing option then you may want to put a pin in it until you’re confident in doing so.
Shoppers that use Buy Now Pay Later love it because of it’s simplicity and ease of use. But beware of the risks of over-using the financing option.
If not, you may be on the hook for high interest payments if you miss your installment payments.
- How Does Aspect Ratio Affect eFoil Wings?
The aspect ratio of your efoil wings will dramatically affect the performance of your board. To recap, aspect ratio is the relationship between the width and height of the foils wing. Alternatively, you can consider this relationship to be between the wing span and it’s chord. Maneuverability is one of the biggest impacts on the … Read more - Top 5 eFoil Mistakes for Beginners
eFoiling is a new exciting sport and with that comes a lot of challenges. Here are the Top 5 mistakes you’ll want to avoid when riding your eFoil: The problem with a lot of these issues is foiling is counterintuitive to most board sports. Typically you watch videos where surfers or skateboarders keep their weight … Read more - What is the Fastest eFoil?
The fastest eFoil is the Fliteboard Series 3, it’s the first efoil to be clocked at 34 mph. It’s a agile and fast moving board, it also surprisingly even a quieter ride. Flite’s eFoils are some of the best and most fun on the market today. Though it’s not confirmed, the newest Fliteboard could go … Read more - SiFly eFoil Review: Europe’s New eFoil
In our SiFly eFoil review, we’ll be popping the hood on a relatively new competitor to the eFoil market. This European eFoil called SiFly, is one of the most user friendly efoils on the water today. These eFoils are more buoyant and have higher volume than most eFoils. Probably the most impressive thing about SiFly … Read more - What is an impact vest?
An impact vest provides riders protection for the upper body from smacking the water’s surface at high speeds. Falling from 300 feet in the air, the waters surface feels like concrete. Naturally kite surfers, kite foilers, and wing foilers wear protection like the impact vest to prevent the wind getting knocked out of them or … Read more