Land Rover and Range Rover Finance Options in Detail

At Sinclair Land Rover we have a wealth of finance options for you to choose from to help you pay for your next Land Rover or Range Rover and if you’d like more information simply pop in or call us to find out more.

Personal Contract Purchase

PERSONAL CONTRACT PURCHASE

Take advantage of Land Rover’s high residual values to keep monthly payments down by deferring some of the credit owed until the end. There are a number of final payment options too.

Personal Contract Hire

PERSONAL CONTRACT HIRE

Personal Contract Hire gives you an initial rental in advance of 1 – 12 months, regular rental fees, and no need to worry about disposing of your vehicle when the contract ends.

Business Contract Hire

BUSINESS CONTRACT HIRE

A convenient rental plan for business customers, Business Contract Hire features fixed monthly rental repayments over an agreed term to suit your budget.

Hire Purchase Plan

HIRE PURCHASE PLAN

If you want to own your Land Rover at the end of your finance agreement, Hire Purchase (HP) helps you spread the cost with fixed monthly payments.

Advance Payment Plan

ADVANCE PAYMENT PLAN

With only one upfront payment, and the rest of the vehicle cost deferred until the end of the agreement, you get a cost effective plan to own your Land Rover.

Personal Contract Purchase

Take advantage of Land Rover’s high residual values to keep monthly payments down by deferring some of the credit owed until the end of the agreement. There are a number of final payment options too.

WHY IS THIS PLAN FOR ME?

I would like to keep my monthly payments as low as possible.

I would like to choose how much I pay upfront (subject to a minimum).

I want flexibility at the end of my plan.

I want to help protect against an unexpected fall in used vehicle prices.

I like to drive the newest models.

HOW IT WORKS

Based on your chosen term (between 13 and 49 months) and mileage* Land Rover Financial Services will determine the Guaranteed Minimum Future Value (GMFV) of your vehicle at the end of your agreement and provide you with an Optional Final Payment amount. At the end of your agreement your vehicle is guaranteed to be at least equal in value to the Guaranteed Minimum Future Value. Any deposit is deducted from the price of your Land Rover, you make regular payments based on the remaining balance plus the agreement interest. Interest is calculated on the vehicle price less the deposit. At the end of the agreement, just choose from one of the following options:

1. Renew – part exchange the vehicle subject to settlement of your existing finance agreement; new finance agreements are subject to status.

2. Retain – to keep your Land Rover, you only need pay the optional final payment.

3. Return – return the vehicle and do not pay the Optional Final Payment. If the vehicle has exceeded the maximum agreed mileage a charge for excess mileage will apply. Providing the vehicle is in good condition (fair wear and tear accepted) and has not exceeded the maximum agreed mileage you will have nothing further to pay.

WHAT HAPPENS AT THE END OF MY AGREEMENT?

You have three options:

1. Part-exchange – subject to settlement of your existing credit agreement, you can choose a new or used Land Rover from your Retailer and start a new credit agreement. New credit agreements are subject to status.

2. Return – hand back your vehicle to Land Rover Financial Services without making your optional final payment. If the vehicle is in good condition (fair wear and tear accepted) and has not exceeded the maximum agreed mileage, you will have nothing to pay. If the vehicle has exceed the maximum agreed mileage a charge per excess mile will apply.

3. Retain – pay the PV as your final lump sum, plus the Purchase Fee, and the title of the vehicle will be transferred into your name.

WHAT ELSE DO I NEED TO KNOW?

  • Land Rover Personal Contract Purchase (PCP) is available for new or used vehicles (up to 5 years old).
  • The maximum mileage at the start of the agreement is 3,000 miles per month of the vehicles age or 60,000 miles (whichever is the lower). For example, a 1 year old vehicle could not have a recorded mileage exceeding 36,000 miles and a 2 year old vehicle must not have a recorded mileage above 60,000 miles.
  • Vehicles must be no more than 96 months old at the end of the agreement.
  • The maximum end of contract mileage must not exceed 143,000 miles. Maximum annual contracted mileage is 35,000 miles per annum.
  • Minimum contract term of 13 months, maximum contract term of 49 months.
  • A significant proportion of the total amount payable is deferred to the end of the agreement and you should prepare for this if you want to own the vehicle.
  • You will not own the vehicle until you have made all the payments including interest, after which you will own the vehicle outright.
  • You must have fully comprehensive insurance.
  • This plan is also available to business customers.
  • Credit is subject to status and is only available to UK residents aged 18 and over.

Personal Contract Hire

Enjoy the thrill of driving a Land Rover, hassle free. Personal Contract Hire gives you an initial rental in advance of 1 – 12 months (subject to underwriting), regular rental fees and no worries about disposing of your car at the end of the contract. You can also choose the reassurance of various optional service, maintenance and repair packages.

Just choose your Land Rover, agree your annual mileage* and your initial rental in advance and how many monthly rental payments (between 18 and 60) you prefer. Then decide if you wish to include our optional maintenance, routine service and repair package. Your monthly rental is calculated based on your choices.

At the end of the term, the vehicle must be returned and you will have nothing further to pay provided the vehicle condition is in good condition, in line with BVRLA fair wear and tear guidelines and has not exceeded the agreed mileage. If the vehicle does not meet the mileage and condition terms excess charges will apply. Choose your next Land Rover and, subject to status and finance application, start again.**

BENEFITS

  • Low initial outlay and regular rentals for easy budgeting
  • Road Fund License included for the duration of your contract
  • Optional maintenance, routine service, tyre replacement and repair package could bring running costs together in the rental package. (Subject to fair wear and tear. Driver abuse and misuse is excluded. Vehicle must be serviced in accordance with manufacturer guidelines)
  • Flexibility to change your contract term and mileage should your circumstances change (except for during the first and last 6 months of the contract)
  • You don’t have the worry of selling the car at the end of your contract because ownership remains with Land Rover Contract Hire

WHY IS THIS THE PLAN FOR ME?

  • I want a low initial outlay and regular payments for easy budgeting.
  • I want the option to bring all of my running costs together in a single rental payment, including maintenance and repair.
  • I want the flexibility to change my contract term and mileage should my circumstances change.
  • I don’t want the worry of selling my car at the end of my contract.
*Minimum miles per annum is 5,000. Maximum mileage is 120,000 over the contract duration for petrol vehicles and 150,000 over the contract duration for diesel vehicles. Excess mileage charges will be payable if the vehicle has exceeded the agreed contract mileage at the end of the lease period. The contracted mileage will also be pro-rated in the event of any early termination of a contract (contract early termination fees will also apply) **At the end of the lease you will not own the vehicle. The vehicle will be transported to our disposal site for a full inspection to be completed. All de-hire damage is assessed by the BVRLA fair wear and tear guidelines, and any charges are levied using the Thatcham price guide. Details of which can be provided on request.

Business Contract Hire

Business Contract Hire is a hassle-free rental plan for business customers, with fixed monthly rental repayments over an agreed term to suit your budget.

WHY IS THIS PLAN FOR ME?

I would like to drive the latest models.

I don’t want to worry about depreciation.

I would like the option to include vehicle maintenance costs as part of my agreement.

I don’t want to worry about selling or part-exchanging my vehicle in the future.

HOW IT WORKS

Choose a new Land Rover, estimate your annual mileage* and select an initial rental and preferred contract term (between 24 and 60 months). You could choose to add an optional maintenance, routine service and repair package**. Your rentals are then calculated to take into account these factors. Once approved, Land Rover Contract Hire buys the vehicle and leases it back to you. Subject to tax status and business use, you could reclaim the VAT.

At the end of the term, you return the vehicle to us and will have nothing further to pay provided the vehicle condition is in line with BVRLA fair wear and tear guidelines and has not exceeded the agreed mileage. If the vehicle does not meet the mileage and condition terms excess charges will apply. Choose your next Land Rover and, subject to status and credit application, start again.***

WHAT HAPPENS AT THE END OF MY AGREEMENT?

Simply return the vehicle. You will have nothing further to pay provided the vehicle is in good condition and has not exceeded the agreed mileage. You will then have the option to start a new plan with a newer model, subject to status.

WHAT ELSE DO I NEED TO KNOW?

  • Business Contract Hire is available for new vehicles and only to business customers.
  • VAT may be reclaimable on 100% of optional maintenance, servicing and repair package costs and 50% of rentals (assuming a mix of private and business use).
  • At the end of the contract you must return the vehicle, and will have nothing further to pay provided the vehicle is in good condition and has not exceeded the annual mileage. The vehicle should be returned to us in a condition that meets the British Vehicle Rental and Leasing Association (BVRLA) ‘Fair wear and Tear’ guidelines, otherwise charges may be incurred. The guidelines can be found on the BVRLA website at www.bvrla.co.uk
  • If you drive less than the agreed annual mileage this will not alter the monthly rentals
  • Minimum Contract Annual Mileage on all vehicles (petrol and diesel) is 5,000 miles per annum.
  • Maximum Contract Mileage on diesel vehicles is 150,000 miles and 120,000 for petrol vehicles.
  • You will not own the vehicle. Land Rover Contract Hire is listed as the Registered Keeper on the DVLA V5 form.
  • Failure to maintain contractual rentals may result in legal action.
  • Contract Hire subject to status. Land Rover Contract Hire is provided by Lex Autolease Limited, trading as Land Rover Contract Hire, Heathside Park, Heathside Park Road, Stockport SK3 0RB.

Hire Purchase Plan

If you want to own your Land Rover at the end of your finance agreement, Hire Purchase (HP) helps you spread the cost with fixed monthly payments.

WHY IS THIS PLAN FOR ME?

I want to own my Land Rover at the end of my finance agreement.

I want to know exactly how much I have to pay each month.

I have a deposit to put down and want to choose how much I have to pay.

HOW IT WORKS

Choose your Land Rover, the level of deposit you want to pay and select an agreement term between 12 and up to 60 months. Your deposit is deducted from the price of your car, then you make regular payments based on the remaining balance plus the agreement interest.

Once all payments have been made, you will be the proud owner of your Land Rover.

WHAT HAPPENS AT THE END OF MY AGREEMENT?

After all the payments have been made, the title of the vehicle will be transferred to your name. Until the final payment is made, the vehicle is owned by Land Rover Financial Services.

WHAT ELSE DO I NEED TO KNOW?

  • You must have fully comprehensive insurance.
  • Credit is subject to status and is only available to UK residents aged 18 and over.
  • Your vehicle is at risk of repossession if you do not maintain contractual repayments.
  • If Hire Purchase is used to finance vehicles from 7-10 years old, the agreed amount must be repaid over 1-4 years. Repayment terms of 1-5 years are available for vehicles up to 6 years old.

It is possible to return the vehicle early if:

  • You’ve already paid off at least half of your finance agreement, including interest.
  • You make up the difference between what you’ve already paid and half of your finance agreement.
  • The vehicle meets quality and usage requirements.
  • If you have already paid more than half of your finance agreement, you won’t receive a refund of the difference.

Advance Payment Plan

With the Advance Payment Plan (APP), you make one upfront payment and defer the remaining vehicle cost until the end of the agreement.

WHY IS THIS PLAN FOR ME?

I would like to pay for my new Land Rover outright, but not all at once.

I want several options at the end of my plan.

I want to protect against an unexpected fall in used vehicle values.

I want to be able to afford a newer or higher spec model – APP gives you more spending power.

HOW IT WORKS

Based on your chosen term (between 13 and up to** 37 months) and mileage* Land Rover Financial Services will determine the Guaranteed Minimum Future Value (GMFV) of your vehicle at the end of your agreement. The GMFV is deducted from the price of your vehicle and you simply pay the remaining balance plus the agreement interest (if applicable) as a single upfront payment - there are no monthly payments. At the end of the agreement, just choose from one of the following options:

1. Renew – part exchange the vehicle subject to settlement of your existing finance agreement; new finance agreements are subject to status.

2. Retain – to keep your Land Rover, you only need pay the optional final payment.

3. Return – return the vehicle and do not pay the Optional Final Payment. If the vehicle has exceeded the maximum agreed mileage a charge for excess mileage will apply. Providing the vehicle is in good condition (fair wear and tear accepted) and has not exceeded the maximum agreed mileage you will have nothing further to pay.

WHAT HAPPENS AT THE END OF MY AGREEMENT?

You have three options:

1. Renew – choose a new Land Rover from your Retailer and start a new finance agreement. If your existing car’s actual value is more than optional final payment, you can use the excess value towards your deposit on a new agreement. With this option you can either part-exchange your Land Rover or sell it privately. Subject to settlement of your existing agreement. New agreements are subject to status.

2. Return – hand back your vehicle to Land Rover Financial Services without making your optional final payment. If the vehicle is in good condition (fair wear and tear accepted) and has not exceeded the maximum agreed mileage, you will have nothing to pay. If the vehicle has exceed the maximum agreed mileage a charge per excess mile will apply.

3. Retain - pay your deferred optional final payment and the title of the vehicle will be transferred into your name.

WHAT ELSE DO I NEED TO KNOW?

  • APP is only available for vehicles up to 3 months old.
  • Minimum annual mileage 6,000 miles, maximum annual mileage 35,000 miles, maximum contract mileage 108,000 miles.
  • If you wish to return your vehicle at the end of your agreement, an excess charge will apply if it has exceeded the allowed mileage, or is not in good condition (fair wear and tear accepted).
  • Minimum contract term of 13 months, maximum contract term of 37 months.
  • You must have fully comprehensive insurance.
  • Credit is subject to status and is only available to UK residents aged 18 and over.
  • This plan is available to business customers.
Sinclair Land Rover Brecon
01497 534703
Sinclair Land Rover Swansea
01792 311500