A longstanding customer came to us enquiring about financing a new 2020 Defender X P400.
The XP400 is the newest version of Land Rover’s 4×4 that first made its appearance in 1983, and the exact model that the customer wanted was a top specification costing £80,000.
As the customer wanted to put down a low deposit of 5%, we offered rates significantly lower than the dealership were offering.
With the Defender planned to be used across the business, including farming, construction and recreational shooting, they wanted to finance the vehicle in the business name over five years and defer the VAT for 3 months – meaning they didn’t have to pay the VAT upfront.
We handled all dealership processes in-house and with low admin fees involved, the customer was happy to receive the car in time for their business re-opening after the pandemic.
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