Amazon is apparently hoping to get a last-minute holiday shopping push for some of its new Kindle Fire HDX tablets by offering an interest-free payment plan.
After temporarily dropping the price of the 7-inch model earlier this week, the online retailer is now offering buyers of its Kindle Fire HDX and Kindle Fire HDX 8.9 the option to pay for the tablets in four installments over the course of nine months.
According to the plan, buyers pay the first 25 percent as a deposit at the time of purchase ($57.25 for the 7-inch version, or $94.75 for the 8.9-inch model). The three remaining payments the company automatically bills to customers' credit cards every three months without interest or finance charges.
However, for buyers who fail to satisfy the terms of the purchase contract, Amazon reserves the right to deregister the Kindle device and shut off access to Amazon content from the device. That presumably means forfeiture of apps purchased through the Amazon's Appstore, as well as books, music, and movies.
The offer, which expires at midnight PT on December 24, is limited to one device per customer. Customers must also have an Amazon account that has been active for at least two years with an attached credit card that doesn't expire before March 31, 2014.