THE BALLOON PLAN

With The Balloon Plan you can keep your monthly payments lower by deferring a proportion of the amount of finance to the final payment at the end of the agreement.

Agree on the initial down payment and the tenure of the agreement based on which we will confirm your regular monthly payment. The Authorised Land Rover Retailer will submit the finance application to Land Rover Financial Services and subject to your application being approved, you can drive away in your Land Rover.


HOW IT WORKS

− Decide your down payment for a new Land Rover. 

− Set your monthly payments to suit your budget by adjusting the final payment amount. 

− Repay over 1-5 years for a new Land Rover

− Down payment from 10 % may be available subject to approval from Land Rover Financial Services and at their sole discretion.


ADVANTAGES

− With The Balloon Plan, you have the opportunity to maintain a lower EMI which is fixed for all months thanks to the final higher payment scheduled to be paid in a lump sum at the end of the tenure. 

− There are no mileage restrictions as with other finance options.


WHAT HAPPENS AT THE END OF MY AGREEMENT?

− Pay the deferred final payment and retain your Land Rover. 

− Part-exchange the vehicle subject to settlement of your existing finance agreement. You are then free to upgrade to a new Land Rover.


WHAT ELSE DO I NEED TO KNOW?

Ideal if: You like to drive the newest model and you want to keep your monthly payments lower. 

− Introducing a deferred final payment enables you to reduce your monthly payment. 

− Options at the end of the tenure to pay the final payment and retain your Land Rover. 

− A proportion of the finance is deferred until the end of the agreement so you should prepare for this.

− We strongly recommend that your Land Rover has a valid insurance policy throughout the tenure of the agreement. 

− Your vehicle is at risk of repossession if you do not maintain repayments as per your agreement. 

− After all the payments have been made, Land Rover Financial Services will issue a No Objection Certificate allowing you to remove hypothecation from the Registration Certificate. Until the final payment is made, your Land Rover will remain hypothecated by Land Rover Financial Services.

OTHER FINANCE PLANS

STANDARD PLAN

Allows you to spread the cost of buying your dream Land Rover with a standardised monthly payment tenure for the duration of the loan.

FIND OUT MORE
BULLET PLAN

Maintain a lower EMI which is reduced due to an annual bullet payment option. A perfect plan for those who expect seasonal income or annual hike.

FIND OUT MORE
EXCLUSIVE PLAN

Allows you to avail finance with minimal documentation and spread the cost of buying your dream Land Rover with monthly payments to suit your budget.

FIND OUT MORE

Jaguar Land Rover Limited: Registered office: Abbey Road, Whitley, Coventry CV3 4LF. Registered in England No: 1672070

Accessories/features shown may not be part of standard equipment. iPod is a registered trademark of Apple Inc., registered in the US and other countries. Meridian is a registered trademark of Meridian Audio Ltd. Please note not all features set out above are available as standard for all Land Rover models. Some features are available as a [cost option] only. Navigation maps are provided by MapmyIndia. In case of any inaccuracies, we request you to contact MapmyIndia directly at contact@mapmyindia.com. The usage and consequences arising out of such usage namely accidents, breach of any local laws or traffic rules, own or third party damages shall be solely to the account of the owner of the vehicle. Please also refer to the End User License Agreement – MapmyIndia at the end of Navigation handbook. Only available as retailer fit accessory. The Information and specification shown are not binding and are subject to change without prior notice. These are indicative specifications for reference only.

The figures provided are as a result of official manufacturer's tests in accordance with EU legislation. A vehicle's actual fuel consumption may differ from that achieved in such tests and these figures are for comparative purposes only.