Based on your chosen term and mileage* Jaguar Financial Services will determine the Guaranteed Minimum Future Value (GMFV) of your vehicle at the end of your agreement and provide you with an Optional Final Payment amount based on this figure. At the end of your agreement your vehicle is guaranteed to be at least equal to the Guaranteed Minimum Future Value. The Guaranteed Minimum Future Value and any deposit are deducted from the price of your Jaguar. You make regular payments based on the remaining balance plus the agreement interest. Interest is calculated on the vehicle price less the deposit. At the end of the agreement, just choose from one of the following options:
Additional business user benefits:
Flexibility: Set payment periods from 1-4 years then take the best option for you when you reach the end of the term.
-Introducing a Guaranteed Minimum Future Value (GMFV) enables you to reduce your monthly payment.
-Newer model means lower maintenance costs.
-A proportion of the credit is deferred to the end of the agreement and you should prepare for this if you want title of the vehicle to be transferred into your name.
-You must have fully comprehensive insurance.
-Protection against depreciation as a result of an unexpected fall in the value of the vehicle when you exercise the ‘Goods Return Option’ (when you hand the vehicle back).
-Your vehicle is at risk of repossession if you do not maintain contractual repayments.
-You do not own the vehicle until you have made all the payments including interest, after which title of the vehicle will be transferred into your name.
Terms and conditions:
*Vehicles must be no more than 8 years old at the end of the agreement. The maximum end of contract mileage must not exceed 143,000 miles. Maximum annual mileage is 35,000 per annum. Minimum contract term of 13 months, maximum contract term of 49 months.
Credit is subject to status and only available to UK residents 18 plus only. Credit is provided by Black Horse Limited trading as Jaguar Financial Services, St William House, Tresillian Terrace, Cardiff CF10 5BH.