WHY OPT FOR A LAND ROVER FINANCIAL SERVICES PLAN?

High Residual Values = More Affordable. Land Rover models have class-leading residual values. If you choose our Land Rover Freedom (PCP) plan, high residual values result in you making lower monthly payments. See below for a full explanation.

Fixed Interest Rates. Our interest rates are fixed for the length of the financial plan agreement so you can budget more easily.

Less Money Up Front. If you choose one of our Financial Services plans, you will need less money to get on the road compared to buying your Land Rover upfront and outright.

A Popular Choice. If you choose one of our finance plans you'll not be alone. Retailer finance was used to buy more than three in four new cars sold to private buyers in 2014.

Options to Suit You. There are five Land Rover Financial Services plans to choose from: Personal Contract Payment (PCP), Hire Purchase (HP), Land Rover Advance Payment Plan (APP), Balloon Payment and Business Contract Hire.

HOW DO RESIDUAL VALUES MAKE OUR CARS MORE AFFORDABLE TO YOU?

  • Land Rover models have class-leading residual values.
  • This means that they typically hold onto their value better than other makes of car over a certain period of time – the length of a financial agreement, for instance.
  • Depreciation is the value that a vehicle loses over a period of time. Depreciation = New Car Value – Residual Value. So, higher residual value means lower depreciation.
  • With our popular Land Rover Freedom (PCP) plan, your monthly payments are calculated based on the predicted depreciation of the vehicle over the 1-4 year period of your agreement.
  • Your Fixed Monthly Payment = Depreciation ÷ Months of Agreement. So, the less value the car loses, the more affordable your fixed monthly payments are.

... all of which means that the class-leading residual values of Land Rover models makes them more affordable on a month-by-month basis.

WHICH LAND ROVER FINANCIAL PLAN IS RIGHT FOR ME?

We know that comparing financial agreements can be complicated and confusing.

That’s why our Land Rover Financial Services guides will simplify and explain the benefits of each available plan. At this point, you may want to consider:

  • Can I afford higher or lower monthly payments?
  • Do I want to pay for some of the car now, and then pay the rest off later?
  • Do I want to own the car outright at the end of my finance agreement?
  • Do I like driving the newest models available?
  • Do I want flexibility in my agreement?

Each plan works differently, but broadly speaking, Land Rover Financial Services will buy the vehicle on your behalf and then you repay the amount borrowed with interest.

OUR PRODUCTS


Personal Contract Purchase (PCP) Hire Purchase (HP) Advance Payment Purchase Balloon Hire Payment Business Contract Hire
Deposit Required Flexible Deposit Options from 0% may be available subject to status Flexible Deposit Options from 0% may be available subject to status Deposit equates to the total price of the vehicle less the Guaranteed Minimum Future Value (GMFV) plus any interest applicable Flexible Deposit Options from 0% may be available subject to status 1-12 months initial rental in advance
Maximum Age of the Vehicle at the Start of the Agreement 3 years old 10 years old New only 3 years old New only
Length of the Agreement 1-4 years 1-5 years 1-3 years 1-4 years 2-5 years
Ownership Options at the End of the Agreement 1) Part Exchange*
2) Pay the outstanding Final Payment to transfer title to the vehicle ***
3) Return the vehicle (under the Goods Return Option)**
1) Part Exchange*
2) Pay the outstanding Final Payment to transfer title to the vehicle ***
1) Part Exchange*
2) Pay the outstanding Final Payment to transfer title to the vehicle ***
3) Return the vehicle (under the Goods Return Option)**
1) Part Exchange*
2) Pay the outstanding Final Payment to transfer title to the vehicle ***
Return the vehicle
Fixed Payments Yes Yes No monthly payments Yes No
No Mileage Restrictions No Yes No No No
Optional Vehicle Maintenance Cover No No No No Yes
Final Lump Sum Payment at the End of the Agreement Yes No Yes Yes No
Full Comprehensive Insurance Required Yes Yes Yes Yes Yes






* Part exchange is subject to settlement of your existing finance agreement, new finance agreements are subject to status.
** You have the option at the end of the agreement to return the vehicle and not pay the deferred Final Payment. If the vehicle is in good condiiton and has no exceeded the allowed mileage you will have nothing further to pay. If the vehicle has exceeded the allowed mileage a charge for excess mileage will apply.
*** Final Payment includes Option to Purchase Fee

Jaguar Land Rover Limited: Registered office: Abbey Road, Whitley, Coventry CV3 4LF. Registered in England No: 1672070

The figures provided are as a result of official manufacturer's tests in accordance with EU legislation. A vehicle's actual fuel consumption may differ from that achieved in such tests and these figures are for comparative purposes only.