LAND ROVER ADVANCED PAYMENT PLAN (APP)

APP is a derivative of a Personal Contract Purchase product. There are no monthly payments, just a single, upfront payment based on your vehicle's Guaranteed Minimum Future Value (GMFV). The GMFV is deducted from the price of your vehicle, and you simply pay the remaining balance.

                

WHEN THE AGREEMENT STARTS:

  • Choose your term over 1-3 years​
  • Vehicle's GMFV is calculated and deducted from the price of the vehicle​
  • Pay the remaining balance as a single upfront payment

WHEN THE AGREEMENT ENDS:​​

  • Renew - choose a new Land Rover and use any excess value over the deferred Final Payment towards your deposit​
  • Return - hand back your vehicle under the Goods Return Option. If the vehicle is in good condition and the allowed mileage has not been exceeded, you will not pay anything further.​
  • Retain - pay the deferred Final Payment and own the vehicle​​

ADVANTAGES OF APP

  • You are protected against an unexpected fall in used vehicle values
  • You have more spending power perhaps for a newer or higher specification model

THINGS TO REMEMBER

  • You do not own the vehicle until the deferred Final Payment has been made
  • You must have fully comprehensive insurance
  • If you hand back your vehicle under the Goods Return Option and the vehicle has exceeded the allowed mileage, a charge for excess mileage will apply