Land Rover Finance Options
Land Rover Finance Options
Land Rover Finance: Vehicle Finance Options
Land Rover offers our Owners a host of competitive finance options and insurance plans – all of which are tailored to your specific requirements, whether the vehicle is privately owned or not.
Our team of Finance Service Consultants are as passionate about Land Rover as you are – and we look forward to helping you purchase your Land Rover!
The vehicle finance options available are outlined below:
Vehicle Finance: Instalment Sale
When applying for vehicle finance, the instalment sale finance option is the most popular. It offers the convenience of flexible terms and financing periods of between 12 and 60 months (or longer, depending on your unique needs).
Key areas of the instalment sale vehicle finance option are:
- Interest is calculated at either fixed or prime-linked rates
- The vehicle must be fully insured during the agreement
- Though there is generally no minimum deposit payable, this may be dependent on current legislation and your credit profile
Benefits of Instalment Sale Vehicle Finance
There are a host of benefits related to this finance option, including:
- You own the vehicle when you've paid the full amount
- If the asset is used for business purposes, you can claim depreciation and the yearly interest paid against tax
- You enjoy the benefit of resale value
There are optional features available with this vehicle finance package, including the Take-A-Break Payment option.
Vehicle Finance: Lease
Always the vehicle of choice, Land Rovers are always in high demand as lease vehicles.
When you use this method of vehicle finance, the vehicle is to be used for a certain period of time, during which you pay rent for this use. The vehicle is returned at the end of this term – although ownership or an extension of the lease are also options that are available. Key areas of this vehicle finance option are:·
- Interest is calculated at either fixed or prime-linked rates
- The goods must be fully insured during the agreement
Benefits of Leasing a Vehicle
The benefits of leasing accrue mainly if you're using the item for business or in the generation of income, for the following reasons:
- Rentals can be claimed as expense against tax
- You don't need to own the asset to use it
- You avoid tying up working capital
- Stepped payments, inflated rentals and other structures can be tailored to your needs
- The deposit percentage and repayment period can be negotiated to suit you
There are optional features available with this vehicle finance package, including the Take-A-Break Payment option.