We use cookies to give you the best possible experience on our site and allow us and third parties to customise the marketing content you see across websites and social media. By managing your preferences here, you can refine the data you are happy for us to track. By using our site, you agree to our Privacy Policy

Your Privacy

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalised web experience.
Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings (click 'Accept' to opt in or 'Reject' to opt out). However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary Cookies

(Req)

Necessary cookies are absolutely essential for our website to function properly. These cookies ensure basic functionalities and security features of our website, anonymously.

The site needs these cookies

Analytical/Performance Cookies

Analytical cookies help us to understand how visitors interact with the website. These cookies help us to provide information on metrics the number of visitors, bounce rate, traffic source, etc.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps us to deliver a better browsing and user experience for the visitors.

Advertisement

Advertisement cookies help us decide which products, services and offers may be relevant for you. We use this data to customise the marketing content you see on websites, apps and social media. They also help us understand the performance of our marketing activities. These cookies are set by us or our carefully-selected third parties.

Land Rover Car Finance Options

Whether you want to buy, hire or lease a new or used Land Rover, we can offer flexible finance schemes that suit your needs.

Choosing your Land Rover finance



What are my options?

Choosing a finance package to suit you

Car financing is the most popular way in the UK to buy a new or used Land Rover. It provides the flexibility of purchasing a vehicle, without having to pay a large lump sum of cash upfront.

At Inchcape Land Rover we have a great selection of finance options for you to choose from. These include:
  • PCP: Personal Contract Purchase
  • HP: Hire Purchase
  • PCH: Personal Contract Hire
  • Finance Leasing
Do you have historic credit issues? No problem. We can help you find your perfect Land Rover thanks to our Impaired Credit Car Finance.
 

Whether you are a Fleet manager of 50+ cars, or a decision maker for a Small business, we have a Finance package that suits your business.

Our Fleet Managers Finance Explained and Small Business Finance Explained pages help you find the right funding solutions for your fleet.

Contact a member of our Corporate team to find out more about business offers.
21 Money Back Guarantee at Inchcape


Land Rover Range

Understanding my finance choices

Personal Contract Purchase

How does PCP work:
Personal Contract Purchase is a highly attractive and very popular way to own a new, nearly new or used car. It combines fixed monthly payments with exceptional flexibility at the end of the agreement. Your car's Guaranteed Future Value (optional final payment) is calculated (based on a pre-agreed annual mileage and your preferred change cycle) and is deferred as a final payment.

At the end of your PCP agreement:

You have total control in deciding which of these choices suits you best.

Retain - Buy the car by paying the optional final payment
Return - Return the car with nothing more to pay, subject to mileage and condition. (i.e. If car prices fall substantially and you find you have negative equity you hand the car back with nothing to pay)
Renew - Part-exchange your car, and if there is any remaining equity after the final payment is taken care of, this is yours to use as deposit or take as cash-back

Find out more about how PCP works with our useful PCP finance guide.

Hire Purchase

Hire Purchase is perhaps the most traditional of funding methods. The monthly payments are determined by the amount of deposit initially paid, the period of the contract and the overall price of the vehicle.

How does HP finance work?
A typical hire purchase option will consist of paying a low deposit amount (maybe 10% of the vehicle price), have no mileage restrictions and entitle you the customer to eventual ownership of the vehicle.

Essentially, the Hire Purchase funding option is best suited to those customers who want simplicity.

At the end of your HP agreement:
Once all the payments due under the agreement have been made the title passes to you and you are free to keep or dispose of the vehicle as you see fit. Should your circumstances change you are able to settle the agreement either partially or in full, and your finance company will be happy to provide a figure for this at any time.

Is HP the right finance option for you?
If you're a high mileage driver or would like to keep your car for a longer period of time, Hire Purchase (HP) can work out more effective than say a PCP deal. For more information about HP, visit our Hire Purchase Funding Explained guide.

Personal Contract Hire

This payment plan, normally more suited to Business Users (but becoming more common for personal users via 'PCH') effectively allows you to 'hire' vehicles as opposed to owning them.

How does PCH finance work:
The amount you pay per month effectively covers the drop in your car's residual value. This amount is calculated working on the value of the car at the end of the lease and you pay the difference. It's common to pay three months up front as an initial deposit, which means the initial outlay isn't too big. 

If you are a VAT registered business a proportion of the rentals may be tax deductible. Contract hire is classified as an operating lease for current taxation purposes, therefore it is regarded differently to 'purchase' contracts so you may benefit from certain tax advantages. Your financial or tax advisor should be able to advise you if this applies.

At the end of the PCH agreement:

A PCH agreement can run over one, two, three or four years. Once this comes to an end, the customer simply returns the vehicle.

Is PCH the right option for you?
PCH can be a cost-effective way to keep yourself in a new car. You don't need a big deposit and road tax is covered for the duration of your contract. For more information about the key benefits of PCH, visit our Personal Contract Hire Finance guide page.

Find out more about how PCH works with our useful PCH finance guide.

Business Contract Hire

Business Contract Hire (also known as an Operating Lease) is a cost effective way of securing the use of a vehicle for a pre-agreed period of time with a low up front rental.  Contract Hire, as the name implies, is an agreement to hire the car for a period of time, typically 2, 3, or 4 years with an agreed mileage limit.  Advance rentals can be as little as 1 monthly rental, though are more usually either 3 or 6 months.  There are certain tax advantages for VAT registered businesses which we can explain to you in more detail.

Finance Leasing

A Finance Lease is a tax efficient and flexible way of purchasing a car. As with PCH/Contract Hire this way of funding is more suited to a business customer. The flexibility comes from the ability to choose between two options:

Option 1: You can spread the total cost of the vehicle, which includes interest charges over a certain period leaving no further money to be paid

Option 2: Offset an amount to the end of the term with the result being that you would benefit from lower monthly repayments. The final deferred rental would be based on the anticipated, projected resale value of the vehicle.

In terms of businesses, while the ownership of the vehicle remains with the leasing company for the period of the contract, the vehicle does actually appear on the company's balance sheet. As with Contract Hire a proportion of the rentals paid can be offset against taxable profits.

At the end of the agreement:

The responsibility for selling the vehicle at the end of its contract term lies with the customer. This means that there could be a profit depending upon the amount of finance still outstanding.