Lease Hire and Personal Contract Hire are now methods of making an affordable monthly payment to drive away the vehicle of your choice.
Understanding how these agreements work will help you make an informed choice that will fit your circumstances. These are some examples:
Peugeot cars are available to purchase through its ‘Just Add Fuel’ finance package. This is open for the 108, 208, 2008 SUV, 308 and 308 SW with the addition of a telematics device.
‘Just Add Fuel’ includes three years’ insurance for up to three drivers, with no curfews and three years’ warranty, servicing, car tax and roadside assistance.
This scheme is similar to the Suzuki Personal Contract Purchase (PCP) plan, where you have the option at the end of the agreement to either return the vehicle and not pay the previously agreed last repayment or pay the optional final repayment to own the vehicle.
The third option is to settle the existing agreement as part of a part-exchange for a new vehicle.
The company will expect you to keep the vehicle in good condition. Genuine wear and tear is expected, so don’t get too worried. But, bigger knocks and poor everyday care needs to be thought about.
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