Land Rover Hire Purchase Calculator
Calculate your Land Rover Hire Purchase monthly payments for Defender, Discovery, Range Rover. Get instant quotes with our free Land Rover HP finance calculator.
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Land Rover Hire Purchase Calculator
Your Land Rover Hire Purchase Results
Amount to be financed
£51,000.00
Monthly payment
£1,218.89
Term
48 months
Total Amount Paid
£67,506.90
Total interest
£7,506.90
You own the car after
48 months
About Land Rover Hire Purchase
Land Rover Hire Purchase is a straightforward way to finance your Land Rover.You pay a deposit and then make fixed monthly payments over an agreed term. Once all payments are complete, you automatically own the car.
Land Rover Financial Services offers competitive HP rates, typically ranging from 4.9% to 9.9% APR. Unlike PCP, there's no final balloon payment - you make equal monthly payments throughout the term.
Land Rover HP is ideal if you want to own your Land Rover outright and prefer predictable monthly payments. You can also settle the agreement early to save on interest charges.
Land Rover Hire Purchase FAQs
What is Land Rover Hire Purchase?
Land Rover Hire Purchase (HP) is a straightforward financing option where you pay a deposit and then make fixed monthly payments over an agreed term. Once all payments are complete, you automatically own the Land Rover.
How does Land Rover HP differ from PCP?
Unlike Land Rover PCP, Hire Purchase has no final balloon payment. You make equal monthly payments throughout the term and automatically own the car at the end. HP typically has higher monthly payments but lower total cost.
What Land Rover models are available on HP?
All Land Rover models are available on Hire Purchase including the Defender, Discovery, Range Rover. Land Rover also offers HP on their vehicles with competitive rates and flexible terms.
What is the typical APR for Land Rover HP?
Land Rover HP APR rates typically range from 4.9% to 9.9% depending on the model and your credit profile. Land Rover often offers promotional rates on selected models, sometimes as low as 0% APR.
How much deposit do I need for Land Rover HP?
Land Rover HP typically requires a minimum deposit of 10-20% of the car's value. For a £60,000 Land Rover, you'd typically need a £9,000-£12,000 deposit. You can put down more to reduce monthly payments.
Can I get Land Rover HP with bad credit?
Land Rover Financial Services offers HP to customers with various credit profiles. Those with excellent credit will get the best rates, but Land Rover will work with you to find suitable terms based on your circumstances.
Can I pay off Land Rover HP early?
Yes, you can settle your Land Rover HP agreement early. You'll receive a settlement figure that includes any outstanding balance minus interest charges. Early settlement can save you money on interest.
What happens if I miss Land Rover HP payments?
Missing Land Rover HP payments can result in late fees and may affect your credit rating. Land Rover Financial Services will contact you to discuss payment options. In severe cases, they may repossess the vehicle.
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