Range Rover Hire Purchase Calculator
Calculate your Range Rover Hire Purchase monthly payments for Evoque, Velar, Sport, Vogue. Get instant quotes with our free Range Rover HP finance calculator.
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Range Rover Hire Purchase Calculator
Your Range Rover Hire Purchase Results
Amount to be financed
£59,500.00
Monthly payment
£1,422.04
Term
48 months
Total Amount Paid
£78,758.05
Total interest
£8,758.05
You own the car after
48 months
About Range Rover Hire Purchase
Range Rover Hire Purchase is a straightforward way to finance your Range 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.
Range 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.
Range Rover HP is ideal if you want to own your Range Rover outright and prefer predictable monthly payments. You can also settle the agreement early to save on interest charges.
Range Rover Hire Purchase FAQs
What is Range Rover Hire Purchase?
Range 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 Range Rover.
How does Range Rover HP differ from PCP?
Unlike Range 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 Range Rover models are available on HP?
All Range Rover models are available on Hire Purchase including the Evoque, Velar, Sport, Vogue. Range Rover also offers HP on their vehicles with competitive rates and flexible terms.
What is the typical APR for Range Rover HP?
Range Rover HP APR rates typically range from 4.9% to 9.9% depending on the model and your credit profile. Range Rover often offers promotional rates on selected models, sometimes as low as 0% APR.
How much deposit do I need for Range Rover HP?
Range Rover HP typically requires a minimum deposit of 10-20% of the car's value. For a £70,000 Range Rover, you'd typically need a £10,500-£14,000 deposit. You can put down more to reduce monthly payments.
Can I get Range Rover HP with bad credit?
Range Rover Financial Services offers HP to customers with various credit profiles. Those with excellent credit will get the best rates, but Range Rover will work with you to find suitable terms based on your circumstances.
Can I pay off Range Rover HP early?
Yes, you can settle your Range 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 Range Rover HP payments?
Missing Range Rover HP payments can result in late fees and may affect your credit rating. Range Rover Financial Services will contact you to discuss payment options. In severe cases, they may repossess the vehicle.
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