Our specialist Motor Finance Broker, Matthew Martin was able to provide his customer with their new Range Rover HSE D350!
Matt worked alongside United Trust Bank Limited from our comprehensive 80+ lending panel to find the best finance options for his client and offer a personalised bespoke Hire Purchase (HP) package for the client to achieve their dream car. The package for the Range Rover consisted of a purchase price of £117,400.00, with a £25,000.00 deposit, followed by monthly repayments of £1,056.12.
The structure of HP consists of a deposit, with monthly payments making up the remaining finance amount. The benefit of this product is that it allows you to have complete control over the agreement as you can decide the deposit amount and the repayment term. HP also enables you to own the car at the end of the agreement. An optional balloon payment can be added to the end of the agreement, which will cut the monthly payment costs if needed. Then further finance options can be available once the balloon payment is due including Refinance.
The figures provided were specific to the actual client on 31/08/2022. Subject to terms and conditions, full underwriting, personal circumstances and client profile. Information should only be used as a guide only and is not guaranteed for every situation as the interest rates and residual values can fluctuate on a regular basis. If you would like to discuss your finance options, please do not hesitate to contact our specialist Prestige, Supercar and Business Finance Broker - Matthew Martin on 01908 429888 or email Matt@approved-finance.co.uk.