Customers who do not want to have depreciation concerns and want to fix costs over a defined period without owning the vehicle.
The finance company will remain the owner of the car during the agreement and they may be entitled to repossess the car should you not keep up the agreed payments. Additional charges will apply should you have exceeded your agreed contract mileage or if the car has suffered damage or excess wear and tear. No other charges should be payable assuming you have paid all agreed payments on time.
Be aware also that ending your contract early can be expensive as you’re usually committed to paying all or most of your monthly payments, even if your circumstances change
Jardine Motors Group trading as Lancaster is a credit broker and is not the lender.
Jardine Motors Group as a finance intermediary work with a range of manufacturer approved and other third party finance companies to arrange finance plans and may receive commission for doing so. Jardine Motors Group is not the finance company. Each of these finance companies will have their own deposit requirements, interest rates and terms and conditions, including those relating to status and affordability, and it is important that you consider these carefully when discussing your options.
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