How Advanced Payment Plan works
WHAT IS ADVANCED PAYMENT PLAN (APP)?
When you choose the Advance Payment Plan (APP), you make one payment in advance and then at the end of the agreement you pay the rest of the amount. This protects you against depreciation and gives you access to higher-specification models which may usually be out of your budget.
The amount you pay is based on the guaranteed minimum future value (GMFV) which is how much your car is expected to be worth at the end of the agreement. You can also choose to return the car at the end of the agreement, at which point you have nothing further to pay, or renew your agreement with a brand new model.
APP is only available for new Land Rover cars and the term is between 13 and 37 months. The annual allowed mileage is between 6,000 and 35,000 miles, and you must stay within this in order to return the car free of charge at the end of your contract.
To find out more about APP and to take any of our Land Rover vehicles for a test drive, enquire with the team at our dealership in Saltash. You can get in touch online by completing the contact form or you can phone us directly on 01752 907 547 during opening hours.