JLR offers deferred payment finance plans

Jaguar Land Rover is offering deferred payment finance deals on new vehicles, capitalising on low interest rates and providing business continuity for its dealers.

The 48 months finance option, which includes 12 months of deferred payment, is available on Land Rovers and Jaguars already landed in New Zealand and in stock.

It excludes the new Land Rover Defender which is scheduled to arrive here this in July/August.

“Our role as an importer is to provide business continuity for our retailer network, whilst passing on any finance terms we can negotiate to our customers,” says Jaguar Land Rover (JLR) New Zealand general manager, Steve Kenchington.

“The 12 months deferred payment offer…allows customers to drive away in their vehicle today whilst incurring no repayments until June 2021.”

Improved lending rates and credit options now available from Heartland Bank allow JLR to offer the finance at 2.95%.

“If the customer currently has an existing finance plan with us, they can terminate it, use any additional equity in the vehicle as the required 20% deposit and enjoy no repayments for 12 months,” says Kenchington.

“In such unknowing times we understand the need for lateral thought and creative solutions to drive business continuity and adapt to customer needs.”