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PEUGEOT PASSPORT

Financing Your own Car

Your Peugeot Your Choice

If you were thinking of paying for your car cash or using a bank or building society you may wish to think again!
The benefits of using a Peugeot finance plan means you won't tie up your capital with one big outlay and we can give you an immediate decision on your credit application.

Our most popular funding option on new cars is Peugeot Passport, let us explain how this works.

How Does It Work?

• You decide how much deposit you wish to pay which is usually 0%-20%
  
• You then choose an annual mileage band which best suits your needs from 6000-25000
  
• Peugeot will then forecast the value of the vehicle at the end of the contract period, which will become the Guaranteed Future Value underwritten by Peugeot Financial Services.
  
• You then pay the difference between The Peugeot Passport price of the car, your deposit and the minimum guaranteed future value over the period you have chosen.
  
• Your monthly Payments and Guaranteed future value are fixed, allowing you to budget effectively.
  
• At the end of the agreement you can drive away in a brand-new Peugeot by simply renewing your Passport agreement (subject to mileage, condition and status).

What could be Simpler?

How Do I benefit from Passport

• Passport can give you worry-free motoring. All Passport agreements include Road Fund Licence for the first year and Peugeot's own Extended Warranty and Peugeot Assistance operated by the AA for the full period of the agreement.
  
• Passport gives you flexible options at the end of the agreement. You can part exchange with any garage, enter a new agreement and drive away in a brand-new Peugeot (subject to mileage, condition and status, Purchase the vehicle for the Guaranteed Future Value ir just hand the car back (subject to mileage, condition and status).
  
• With Peugeot Passport payments are less than traditional finance over a similar term. The final payment and the deposit are deducted from the sale price with monthly payments calculated on the remaining balance(plus interest on the whole amount financed).

What are my options at the end of the agreement?

• You can part exchange your current vehicle and arrange a New Passport agreement. The guaranteed future value is set from day one, at the end of the agreement your car is valued as a part-exchange and any difference between the two is you deposit for a new car (subject to mileage,condition and status).
  
• You can keep the car and pay off the Guaranteed Future value that was agreed at the start of the agreement.
  
• You can return the vehicle to your local Peugeot Dealer without any further charges (subject to the vehicle being returned on time and meeting the mileage and condition terms contained in the agreement).

Questions and answer

Q-I never own my car?

A- Who ever does? when most customers finish a finance agreement they have a small break and then start again! You are always paying for a car in one shape or form, with Peugeot Passport maintenance is kept to a minimum, as all New Peugeots have a three year warranty with most cars on 20,000 mile service intervals. Remember this is not a lease, at the end of the agreement you can purchase the vehicle and take full ownership.

Q- What if I go over my mileage will I get charged?

A- You will get charged if you decide to hand the car back and have exceeded the mileage that you set at the start of the agreement. You will also be charged if the car has any major damage, (fair wear and tear is acceptable).

If you would like to receive details and/or a quote for finance deals on a New Peugeot from Palmers Motor Company, please fill in the form below and click "submit".

Regards Palmers Motor Company