Land Rover Contract Purchase

Choose from a range of convenient financing options to smooth the path to your new Land Rover

At Sytner Group we can introduce you to a limited number of carefully selected lenders and finance products to assist you with your vehicle purchase (available for both for our private individual and business user customers). Information on the funding products can be given to help you make an informed decision as to which product is most suitable for you.

Contract Purchase

Slide into the driver’s seat, start the engine and enjoy the pleasure of outstanding performance. Land Rover Personal Contract Purchase is a Personal Contract Purchase (PCP) agreement with fixed monthly repayments and a choice of options at the end of the agreement.

How does it work?

  • Choose the car (new or used) you like

  • Choose the most suitable repayment period

  • Agree on your annual mileage

  • You are given a Guaranteed Minimum Future Value which becomes your optional final payment

  • You decide on the deposit and payments suitable for your budget

  • At the end there are three choices for you; part exchange your vehicle for another car, keep the car and pay the final payment or hand it back and have nothing further to pay

What are the benefits?

  • Having a final payment reduces initial outlay and keeps the monthly payments lower, helping the cash flow of your business

  • Fixed monthly payments make budgeting easier

  • The interest you pay is tax deductible

  • Because the car is an asset on your balance sheet, you can write down a proportion of its value against your business profits

  • Flexibility at the end of the agreement to have an option that suits you


What else do I need to know?

Flexibility: Set payment periods from 1-4 years then take the best option for you when you reach the end of the term.

- Ideal if:

  • You like to drive the newest model

  • You like to keep your options open

  • You like to budget

Introducing a Guaranteed Minimum Future Value (GMFV) enables you to reduce your monthly payment.

Newer model means lower maintenance costs.

A proportion of the credit is deferred to the end of the agreement and you should prepare for this if you want title of the vehicle to be transferred into your name.

You must have fully comprehensive insurance.

Protection against depreciation as a result of an unexpected fall in the value of the vehicle when you exercise the ‘Goods Return Option’ (when you hand the vehicle back).

Your vehicle is at risk of repossession if you do not maintain contractual repayments.

You do not own the vehicle until you have made all the payments including interest, after which title of the vehicle will be transferred into your name.

Range Rover in sand

Hire Purchase

The most straightforward method of purchase. Ideal for a customer who desires outright ownership of their car and probably changes their car at intervals of greater than 48 months.

Contract Hire

The finance company reclaims the VAT on the car you drive and this saving is passed on to you with reduced rentals. There are also other tax efficiencies available.