More accessible EV finance for Peugeot and Citroen brands

Auto Distributors NZ Limited (ADNZ) the official distributor of Peugeot and Citroen vehicles has partnered exclusively with Heartland to offer a new finance service for its authorised dealer network as it launches a new range of fully electric vehicles.

“The timing is very deliberate as we launch the e208 and e2008 full electric cars in New Zealand. iOWN will make owning these cars easier than ever before, with no deposit and a low weekly price, and the added security of knowing exactly what the minimum value of their car will be in a few years’ time,” ADNZ chief executive Chris Brown says.

“Choosing Heartland as a finance partner was an easy choice because they shared our vision to accelerate New Zealand’s transition to lower emissions. We couldn’t be happier with what we’ve developed together,” he says.

The iOWN vehicle finance service targets buyers looking to purchase a new or used Peugeot or Citroen from the network of New Zealand authorised dealerships.

According to Heartland, iOWN offers a range of finance options to help buyers get behind the wheel – including vehicle term loans, guaranteed future value loans and business and operating leases.

“Together, the finance solutions we offer can help to reduce the barriers to entry many people may have faced when trying to buy a new or used vehicle,” Heartland consumer general manager Darryl Harnett says. 

“In particular, the iOWN Guaranteed Future Value product provides customers with the guaranteed minimum value of their vehicle at the end of their loan term. So, not only do they drive away with low weekly repayments, they also have certainty of what the minimum value of their vehicle will be when they’re ready to replace, retain or return it at the end of their iOWN term,” he says. 

 iOWN is now available through Peugeot and Citroen dealerships nationwide.