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As a MAXUS dealer, you can trust our dedicated and experience Rygor sales team to help you select the right finance package for your new van and business needs
Agility gives you flexibility and freedom to choose. You can purchase, return or part exchange your vehicle at the end of the agreement.
It is similar to a Hire Purchase agreement as you will usually pay an initial deposit, followed by monthly instalments over a term typically between 18 to 48 months.
What makes PCP different to Hire Purchase (HP) is that your monthly instalments are paying off the depreciation of the van, and not its entire value, over the course of the term. Then, when you get to the end of your agreement, there is a final, balloon payment that must be made if you want to keep the van. The balloon payment is often referred to also as the Guaranteed Future Value (GFV).
When you have chosen your vehicle, you will then agree your annual mileage and decide on the agreement term with one of our Business Managers.
We will then determine the Guaranteed Minimum Future Value (GMFV) of the vehicle at the end of the agreement and work out a deposit and monthly amount that works for you.
At the end of your agreement you will then have three options:
If you decide you want to keep it, you’ll need to pay the Optional Purchase Payment and Purchase Activation Fee which means you’ll then own your vehicle outright.
For a quotation, help, or advice contact us and ask to speak to one of our Business Managers.
A great choice if you want to own the vehicle at the end of your agreement. You will normally pay an initial deposit and will pay off the entire value of the van in monthly instalments. When all the payments are made, the Hire Purchase agreement ends, and you own the van outright.
You’ll be able to drive away a van that you may not have managed to buy outright.
What's included?
BUSINESS CUSTOMERS ONLY: Tax allowances that can be deducted from taxable profits, because the vehicle would appear as an asset on your balance sheet.
At the end of your agreement own the vehicle
The short answer is yes, you can end your finance early. There are different provisions within each finance agreement that allows you to do just that. If you have got through two-thirds of the way through your finance agreement, the options to end the finance agreement early open up.
For a Hire Purchase agreement, there is an option of paying it off early through a settlement fee. A settlement fee covers the cost of any remaining unpaid instalments and interest payments remaining on the agreement. Once the settlement fee is paid, you take full ownership of the car early.
Under a Personal Contract Purchase agreement, you can also pay a settlement fee for bringing the agreement to an end early. After that, you can choose to hand the car back or you have a second option. Through a PCP agreement, you can take full ownership of the car by paying off the remaining Guaranteed Minimum Future Value also known as a balloon payment.
A solution for those who want to drive a New MAXUS Van over a fixed term, with lower monthly rentals and without the worries or commitment of ownership.
Fixed regular rentals that are based on your annual mileage.
BUSINESS CUSTOMERS ONLY: Reclaimable VAT depending on usage (proportionally).
BUSINESS CUSTOMERS ONLY: Rentals are allowable against taxable profits.
Gives you the ability to enjoy driving a MAXUS including the cost of the Vehicle Excise Duty without having to take on full ownership.
Allow your vehicle to appear as an asset on your balance sheet, without the option of ownership as you hire a vehicle for a fixed period.
Whatever your question or feedback we are here to help. So please feel free to contact us.
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