WHICH LAND ROVER FINANCIAL PLAN IS RIGHT FOR ME?

We know that comparing financial agreements can be complicated and confusing, that’s why we aim to make our Range Rover finance and Land Rover finance deals as simple to understand as possible.

Our Land Rover Financial Services guides will simplify and explain the benefits of each available plan. Regardless of whether you’re looking for a Range Rover Sport on finance, or a Land Rover Discovery on finance, we have a wide number of options available.

However, you’ll have to decide exactly what you’d like so, at this point, you may want to consider:

  • Can I afford higher or lower monthly payments?
  • Do I want to pay for some of the car now, and then pay the rest off later?
  • Do I want to own the car outright at the end of my finance agreement?
  • Do I like driving the newest models available?
  • Do I want flexibility in my agreement?

Each Range Rover finance plan and all of our Land Rover finance deals work differently, but broadly speaking, Land Rover Financial Services will buy the vehicle on your behalf and then you repay the amount borrowed with interest. You can either get a brand new Range Rover Sport on finance, or even a used Range Rover finance deal. The choice is yours.

Here’s a rundown of the finance deals we offer and how you can tell which is right for you.


PERSONAL CONTRACT PURCHASE (PCP) 

​You want a new vehicle every few years.

You want to make lower monthly payments and have flexibility at the end of your agreement.

  • ​Simple, fixed monthly payments for your Land Rover
  • You pay the difference between what the car is worth now, and what it will be worth at the end of your agreement.
  • High Land Rover residual values mean lower monthly payments.
  • Length of the agreement is 1-4 years.
  • Flexible at the end of the agreement: there are options to keep the car, return it or start a new finance deal using the value of the car as part exchange (subject to status).
  • Available to business customers

HIRE PURCHASE (HP)​

​You want to own a new or used Land Rover outright at the end of the plan.

  • ​Equal, fixed monthly payments for your new or used Land Rover.
  • Length of the agreement is 1-5 years.
  • You own the vehicle at the end of the term.
  • Available to business customers.

LAND ROVER ADVANCE PAYMENT PLAN

You want to pay for a new car outright - but not all at once. You want flexibility at the end of your agreement.

  • One single, upfront payment. You defer the remaining vehicle cost until the end of the agreement.
  • Length of agreement 1-3 years.
  • Flexible at the end of the agreement: there are options to keep the car, return it or start a new finance deal using the value of the car as part exchange (subject to status).
  • Available to business customers

BALLOON HIRE PURCHASE 

​You want lower monthly payments. You want to own the car outright.

  • ​Fixed monthly payments, then an agreed lump sum at the end of your agreement.
  • Monthly payments are lower because of the deferred lump sum.
  • Length of agreement 1-4 years.
  • You will own the vehicle outright at the end of the agreement.
  • Available to business customers.

BUSINESS CONTRACT HIRE​

​You are a business user who wants to drive the latest models. You want to rent the car, not own it.

  • ​Business users only. You pay an initial rental cost in advance, then fixed monthly rental payments
  • Length of agreement 2-5 years.
  • You must return the car at the end of the plan and can then start another Business Contract Hire agreement (subject to status). VAT-registered businesses can reclaim some or all of VAT charged on rental and maintenance.