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Renault, Too, Offers Redundancy Insurance

Thu, 02 Apr 2009
Renault has now joined Honda and Volvo in offering free Payment Protection Insurance giving reassurance to customers buying new cars and vans across the range in April. The free insurance will cover customer’s payments for the first 12 months of their Renault Finance agreement should they be unable to work through accident, sickness or redundancy.

The free offer is included in Renault finance hire purchase agreements on new cars and vans ordered during April, including 0% and Renault Selections scheme.

Renault’s 0% hire purchase package is now available over three years with no deposit on all new cars (excluding Twingo Freeway, Twingo Extreme, Clio Extreme and Clio Renaultsport).

Announcing the new offers, Roland Bouchara, Managing Director, said, “Buying a new car is a sizeable financial commitment and, at a time when there may be uncertainty, we feel it is essential to encourage confidence.”

Sample Deals:

Twingo Extreme 1.2 8V 60, Selections, £999 deposit, 37 month term, £159 a month, final payment £2,583, 5.9% APR

Clio 3 door Dynamique 1.2 16V 75, hire purchase, no deposit, 36 month term, £313 a month, no final payment, 0% APR

Clio 3 door Dynamique 1.2 16V 75, Selections, £999 deposit, 37 month term, £169 a month, final payment £3,408, 5.9% APR

Grand Modus Dynamique 1.2 TCE 100, hire purchase, no deposit, 36 month term, £349 a month, no final payment, 0% APR

Grand Modus Dynamique 1.2 TCE 100, Selections, £999 deposit, 37 month term, £229 a month, final payment £3,387, 5.9% APR

New Mégane HatchExpression 1.6 100, hire purchase, no deposit, 36 month term, £393 a month, no final payment, 0% APR

New Mégane Hatch Expression 1.6 100, Selections, £999 deposit, 43 month term, £199 a month, final payment £4,452, 5.9% APR

New Mégane Coupé Expression 1.6 110, hire purchase, no deposit, 36 month term, £424 a month, no final payment, 0% APR

New Mégane Coupé Expression 1.6 110, Selections, £999 deposit, 43 month term, £249 a month, final payment £4,475, 5.9% APR

Scenic Team 1.6 VVT 111, hire purchase, no deposit, 36 month term, £446 a month, no final payment, 0% APR

Scenic Team 1.6 VVT 111, Selections, £1,999 deposit, 37 month term, £249 a month, final payment £3,185, 5.9% APR

More at www.renault.co.uk

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Value my car

Amount to borrow
Sorry. The minimum loan amount is £1000
To pay back over

My credit score

Best available rate 9.20%

Total repayment £9,304.93

Total cost of credit £1,804.93

£155.08

60 monthly payments

Apply now

Representative example

The Representative APR is 13.2% (fixed) so if you borrow £7,500 over 4 years at a rate of 13.2% p.a (fixed) you will repay £199.21 per month and repay £9562.20 in total.