posted 5 years ago

New Range Rover Finance Packages

New Range Rover finance packages make my eyes pop-out.

New Range Rover finance packages make my eyes pop-out. Just consider the figures. The 'Advance Payment Plan' matched to the Range Rover 5.0 V8 Supercharged Autobiography, for example, requires a staggering £52,191 deposit. And yes, that is only the initial payment. After two years 4x4 lovers either return the vehicle, or pay a further £33,554 to own it outright. This equals an eyeball-bursting £85,745. At least the interest rate is fixed at 0%.

The Range Rover Sport 3.0 TDV6 SE is a more affordable alternative. This is available courtesy of the 'Land Rover Freedom' finance package. Simply cough-up a £14,366 deposit, then a further forty-one payments of £575 at 7.59% APR. The optional final payment is £16,928, which means the total cost is £54,869. The cheaper alternative is to buy outright, without finance, for £48,045. On these terms that is cheaper than a wrecked Freelander.

These Range Rover finance packages apply until June 30th 2011. Furthermore, they are subject to annual mileage limitations of 12,000 for the 5.0-litre, and 10,000 for the cheaper 3.0-litre. Excesses are charged at twelve pence per-mile, which equals £120 per-thousand. Vehicles must also be returned in 'good' condition. Best stay away from off-road courses then. In my experience these are virtually guaranteed to rearrange the bodywork. Ouch!