Jaguar Privilege is designed to provide more flexible repayment options by deferring a significant proportion of the total amount of credit until the end of the finance term. In addition, Privilege provides you with a Guaranteed Future Value for your new Jaguar allowing lower repayments during the finance term whilst removing any residual risk otherwise associated with balloon type final payment structures.
HOW IT WORKS
- Choose your new Jaguar* and nominate a term of between 24 to 36 months and a kilometre allowance of up to 60,000 kilometres
- Decide on a deposit contribution that best suits your budgetary requirements.
- Based on the term you choose, a Guaranteed Future Value (GFV) will be calculated for your Jaguar.
- The remaining balance will be split into tailored instalments over your selected finance term.
Provided you have complied with the terms of your contract, once you have completed all term instalments and the final instalment (GFV) becomes due, you can choose from the following options:
- REPLACE – Choose your new Jaguar and trade in your existing vehicle with no risk of negative equity. If the trade-in amount is higher than the GFV, you can use this as a deposit on your new purchase.
- RETAIN – To keep your Jaguar, simply pay or refinance the deferred final payment amount (GFV) in full. If retaining your Jaguar, an option to purchase fee of $350 is charged (plus any other excess charges).
- RETURN – Return the vehicle to your Jaguar Dealership, and pay a contract cancellation fee of $350 (plus any other excess charges).
- Tailor a package to suit your budgetary requirement
- Enjoy the consistency of regular fixed repayments
- Peace of mind – carry no residual liability
- An easy way to own a new Jaguar every 3 years
- Always be within the term of your new vehicle warranty
- Choose which of the three end of term options is right for you
Jaguar Financial Services' has a maximum lending interest rate of 12.95% p.a. The rate charged will depend on your financial circumstances taking into account:
- How much you want to borrow
- The term of your loan
- Your income
- Your other financial commitments
- Your credit history
Lending criteria, fees and charges apply.
Please contact your local Jaguar retailer to discuss finance options that may best suit your circumstances or contact Jaguar financial services on 0800 222 499 or firstname.lastname@example.org
A copy of the Privilege terms and conditions are available here
GFV Offer provided by Jaguar Financial Services, a division of Heartland Bank.
Normal lending criteria, terms, conditions and fees apply.
*GFV offer available on selected Jaguar models only.