New Range Rover - No Monthly Payments just 2 payments, 2 years apart...
If you don’t want to make monthly repayments but don’t want to buy your vehicle outright, you can opt to make two payments, two years apart.*
Two payments – two years apart
The Land Rover Advance Payment Plan has been devised so that you make one upfront payment, usually about 60-70% of the value of the vehicle, and pay nothing for another two years.
At the end of two years, you have three options:-
- Pay the outstanding amount and keep the vehicle*
- Return the vehicle*
- Use any equity in part-exchange for a new Range Rover*
The upfront payment is based on the on-the-road cost of the vehicle minus its guaranteed minimum future value (varies according to model).
TYPICAL RANGE ROVER VOGUE 3.6 TDV8 ADVANCE PAYMENT PLAN EXAMPLE
|
| On the Road Cash Price |
£66,640.00 |
| Initial Payment (65%) |
£43,519.00 |
| Charge for Credit |
£ 2,241.47
|
| Total initial payment |
£45,760.47 |
| GMFV/Optional Final Payment at 24 months |
£23,121.00 |
| Term (months) |
24 |
| Total amount payable by customer (inc. £295 purchase fee) |
£69,176.47 |
| Mileage charge in excess of 24,000 miles |
12 pence per mile |
| Typical 5.9% APR |
TYPICAL RANGE ROVER VOGUE SE 3.6 TDV8 ADVANCE PAYMENT PLAN EXAMPLE
|
| On the Road Cash Price |
£73,080.00 |
| Initial Payment (65%) |
£47,652.00 |
| Charge for Credit |
£ 2,491.37
|
| Total initial payment |
£50,143.37 |
| GMFV/Optional Final Payment at 24 months |
£25,428.00 |
| Term (months) |
24 |
| Total amount payable by customer (inc. £295 purchase fee) |
£75,886.37 |
| Mileage charge in excess of 24,000 miles |
12 pence per mile |
| Typical 5.9% APR |
Advance Payment Plan Benefits
- You have the opportunity to drive a new Land Rover every two years
- No regular payments
- Our Guaranteed Minimum Future Value (GMFV) protects you from any unexpected changes to used vehicle values
- Retain some of your savings for the unexpected
- You can purchase the vehicle at any time during the Agreement simply by paying the GMFV.
At the end of the Agreement you have three options available to you:
Choose a new vehicle - using any excess value over and above the GMFV towards a deposit on your next Land Rover
Simply return the vehicle - you will have nothing further to pay provided you have made your single up-front payment, the vehicle is in good condition** and has not exceeded the agreed mileage
Keep the vehicle - you need only pay the GMFV and the Option to Purchase Fee*** and the vehicle is all yours.
Show
Model shown for illustrative purposes only. On the road price is manufacturer’s recommended retail price. Typical 5.9% APR Advance Payment Plan available on new Range Rover models registered from 1st July 2010 and 30th September 2010. Promotion is not available for used vehicles and is not available in conjunction with any other promotion. Customer deposit varies dependent on model and mileage and is typically between 60% and 70%. Further charges may be made subject to the condition of the vehicle, if the vehicle is returned at the end of the finance agreement. Finance subject to status. Guarantees and indemnities may be required. Details correct at the time of going to print. Land Rover Financial Services, AL1 2RW. **In accordance with the wear and tear guidelines. Full details will be provided once your Agreement has been processed.*** The purchase fee is only payable if you elect to purchase the vehicle at the end of the agreement.
Fuel economy figures for 2010 Range Rover range in mpg (l/100km): urban 12.5 (22.6) – 19.6 (14.5), extra urban 27.2 (10.4) – 30.7 (9.2), combined 19.0 (14.9) – 25.4 (11.1), CO2 emissions 294-348 g/km.