Land Rover Range Rover Evoque 2021
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£58,810.00
23/09/2021
Regulated Hire Purchase
Company Director
Hampshire
A Fast Car Finance client of over 4 years was seeking funding on a new Range Rover Evoque Autobiography.
Having owned two Land Rover vehicles previously, they had become a favourite marque of the client and his wife. They had a £9k deposit going into the purchase with used Range Rover Evoque finance sought over 5 years with a balloon at end of term. The client had expectations of monthly repayments at sub £750pcm. Securing a £22k balloon for them after the 60 month term, ensured we achieved monthly repayments of £682 at an attractive rate of 7.4% APR.
A great example of how putting a balloon payment at the end of the agreement allows monthly payments to come within budget.
The client and his wife took delivery of their new car within a few days of the application being taken and they are looking forward to many months happy driving!
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