GUARANTEED FUTURE VALUE
LAND ROVER GUARANTEED FUTURE VALUE
Land Rover Guaranteed Future Value^ is a flexible finance solution that provides you with a way to safeguard the Future Value^ of your vehicle. You know from the start the minimum Future Value of your new Land Rover, so you can plan ahead.
Please read the Target Market Determinations (TMD) document for our Financial Services products.
This document ‘Target Market Determination’ describes who a product is appropriate for (target market), and any conditions around how the product can be distributed to customers.
For more information, visit the Target Market Determinations page.
HOW IT WORKS
1. Select your preferred Land Rover
2. Set your term, kilometre limit and deposit
3. At the end of your chosen term you have the option to:
Trade-in
If you’d like to trade-in your Land Rover for a new vehicle, all you need to do is return it to the dealership. If your Land Rover’s trade-in value is higher than the Guaranteed Future Value, then you can use this equity towards your new vehicle. Your Land Rover Business Manager can assist you with a new finance solution tailored through the Land Rover Guaranteed Future Value Program to suit your needs.
Retain
If you’d prefer to keep your Land Rover, you can purchase your vehicle outright for the Guaranteed Future Value price locked in at the start of the contract^. This is based on the assumption that you also meet the relevant payment obligations during your finance term and we agree to the purchase. Alternatively, you can choose to refinance your residual/balloon when your contract comes to an end. Please speak to your Land Rover Business Manager for more information on how we can help you.
Return
If you decide to part with your Land Rover simply return your vehicle to your preferred Land Rover Dealership, in an acceptable condition^ and within your kilometre limit^.
BENEFITS
- Assurance of your Land Rover’s future value*, helping to protect your investment
- A choice of options at the end of your Land Rover Financial Services contract term
- A personally tailored solution, based on the term and usage of your vehicle
- The perfect opportunity to upgrade your Land Rover to the latest model more often
- Total confidence, with the assurance of a finance solution designed for Land Rover drivers
MAINTAINING YOUR VEHICLE
Your new Land Rover is an investment in quality, so we understand that you want to maintain it in premium condition. To ensure the integrity of the Guaranteed Future Value Program^, your Land Rover must be in acceptable condition when you return it to us and must not exceed the kilometre limit. Of course, we also understand that some reasonable wear and tear is only to be expected, but it needs to remain within the provisions set by your Land Rover Financial Services contract. The acceptable condition of the vehicle takes into account reasonable wear and tear for everyday use, which is outlined in our Fair Wear and Tear Guide. The Guide can be downloaded below.
If you have exceeded your nominated kilometre allowance, that will reduce your Guaranteed Future Value. However, this won’t affect your ability to trade-in, retain or return your vehicle.
^Land Rover Guaranteed Future Value consists of an option to return your vehicle to Land Rover Financial Services (LRFS) ABN 20 097 071 460, Australian Credit Licence 389344, at the end of the term and requires LRFS to purchase the vehicle at an agreed price determined by LRFS, known as the Guaranteed Future Value (GFV). At the end of the term, you can elect to: (1) trade-in; (2) return; or (3) retain the vehicle by paying the GFV, which is a lump sum owed to LRFS at the end of the loan term after all repayments have been made. You will be liable for any loan contract deficit and additional charges if you exceed the nominated kilometre allowance and/or the vehicle is not in an acceptable condition. Available on new and demonstrator Land Rover vehicles. Fleet, government, rental buyers, hire car and chauffeur companies excluded.
# See the Land Rover Guaranteed Future Value Fair Wear and Tear Guide, downloadable on this page, for more information on the required conditions and circumstances in which the guaranteed future value will be reduced.
Land Rover Financial Services is a trading name of Volkswagen Financial Services Australia Pty Limited ABN 20 097 071 460. Australian Credit Licence 389344
Land Rover Financial Services Pty Limited ABN 20 097 071 460, Australian Credit Licence 389344.
View the Target Market Determination for our Financial Services products here.