LAND ROVER GUARANTEED FUTURE VALUE
LAND ROVER FREEDOM
Land Rover Freedom is a Guaranteed Future Value* option which is available for Range Rover Evoque & Land Rover Discovery Sport models on both consumer fixed rate loan finance contracts and commercial goods loan finance contracts from Land Rover Financial Services. It is designed to be as responsive and agile as the vehicles themselves, whilst allowing you the freedom experience from the moment you take the wheel of your new Land Rover.
THE FREEDOM OF GUARANTEED FUTURE VALUE
Your Land Rover Freedom Guaranteed Future Value* is an amount that we agree to buyback your Land Rover for at the end of your finance contract. This amount is determined by Land Rover Financial Services. All you have to do is comply with your service, fair wear and tear guidelines and set kilometre requirements together with your finance contract obligations ("GFV terms").
THE BENEFITS OF FREEDOM
Make the most of your Land Rover with the peace of mind of certainty of future value if usage and fair wear and tear standards are maintained. Experience the freedom of choosing weekly, fortnightly or monthly payments over 36 or 48 month terms to fit with your lifestyle. Get in the driver's seat with no minimum deposit, or enjoy reduced repayments though the ability to increase your deposit or trade-in. Enjoy your Land Rover today with the confidence of having options at the end of your finance contract.
Land Rover Freedom is available across the new Range Rover Evoque & Land Rover Discovery Sport ranges with features and options which make sound financial sense.
Land Rover Freedom is available with the choice of two terms to meet your lifestyle requirements.
36 months with 60,000 contract kilometres
48 months with 80,000 contract kilometres
Land Rover Freedom provides you with fixed repayments and a fixed interest rate for the life of your finance contract.
TRUE FREEDOM IS CHOICE
When your Land Rover Freedom finance contract comes to an end, you can choose one of the following options that best suits your lifestyle and situation at that time:
TRADE IN YOUR LAND ROVER
Return your vehicle to your preferred Land Rover Retailer as a trade in. If the trade in valuation is higher than the Guaranteed Future Value, the difference can be utilised as equity towards your next Land Rover.
RETAIN YOUR LAND ROVER
If you wish to retain your Land Rover at the end of your contract, you can simply pay out the Guaranteed Future Value in a lump sum or alternatively, you can refinance (subject to our standard terms and conditions, and applicable credit criteria) the Guaranteed Future Value for a further contract term.
RETURN YOUR LAND ROVER
To complete your Land Rover Freedom experience, you can return your vehicle to your preferred Land Rover Retailer, provided it complies with your service, fair wear and tear guidelines and set kilometre requirements and finance contract obligations.
Will the Land Rover Freedom Guaranteed Future Value apply if I want to return my vehicle before the end of the term?
No. The Land Rover Freedom Guaranteed Future Value option only applies if your fixed rate loan contract runs its full term. You can choose to trade in your vehicle at any point and upgrade to the latest model, however you will need to pay any amounts due under the loan contract. Applicable terms and conditions are available from Land Rover Financial Services on request.
Will I be notified when my contract is maturing?
Yes. You will receive a letter from Land Rover Financial Services notifying you of your contract expiry date 120 days before your loan maturity date. You can then nominate your preferred option in accordance with the GFV terms.
How is the Fair Wear and Tear determined?
If you choose to return the vehicle, your Land Rover dealer or authorized service centre will inspect the vehicle for Fair Wear and Tear. The inspection process will assess whether your Land Rover meets the Fair Wear and Tear requirements and determine the cost to bring the vehicle back to the acceptable Fair Wear and Tear condition if it does not. You will have the opportunity to repair your Land Rover or alternatively Land Rover Financial Services can organise the repairs. If your Land Rover does not meet Fair Wear and Tear requirements on return, the Guaranteed Future Value will be reduced accordingly and you will be required to pay the difference. For further information regarding Fair Wear and Tear requirements please contact your nearest Land Rover dealer.
*The Guaranteed Future Value is a not a representation by Land Rover Financial Services as to the likely market value of your vehicle at the maturity of your finance contract. The Guaranteed Future Value option is available on Range Rover Evoque & Land Rover Discovery Sport only. If the vehicle is not returned in an acceptable condition as stipulated in the terms and conditions of the finance contract, Fair Wear and Tear Guidelines and within set kilometres, the Guaranteed Future Value will be reduced accordingly and you will be required to pay the difference. Terms and conditions, fees and charges apply. Terms and conditions are available upon application. Available to approved applicants of Land Rover Financial Services subject to normal credit criteria. Land Rover and the associated logo are registered trade marks of Jaguar Land Rover Limited (incorporated in England with company no. 01672070). Land Rover Financial Services is a registered trading name of Jaguar Land Rover Australia Pty Ltd. The registered trade marks and the trading name referred to above are operated and used under license by St.George Bank – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.
Motor Vehicle Insurance
Your Land Rover is comprehensively covered against loss or damage from tip to tail. Land Rover Motor Vehicle Insurance also provides you a new vehicle following a total loss for the first three years of coverage, plus genuine Land Rover replacement parts and the choice of repairer you trust, to look after your vehicle for repairs.
You can also access discounts on your premium with our safe driver discount and pay by the month at no extra charge.** We even cover you for vehicle re-keying and re-coding as well as personal effects and clothing and guarantee all work carried out under the policy.
**Option to pay by the month – Premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding and financial institution transaction fees may apply.
Motor Equity Insurance
Ever wondered what happens when your vehicle is a total loss but you still have finance owing? With Land Rover Motor Equity Insurance we pay the difference between your total loss payout and your outstanding loan balance up to the cover limit you select. With five cover options to select from there is sure to be an option to suit your requirements.
Regardless of the cover option you choose, we’ll also pay your current insurance excess and the costs for delivery, registration, stamp duty and insurance on your replacement vehicle.*
*Subject to policy limits
Purchase Price Insurance
Sometimes the price you paid for your vehicle is more than the payout figure your insurance provides you after a total loss. This can leave you out of pocket. In this situation, Land Rover Purchase Price Insurance can help you with a cash payment up to the cover limit you select.
Choose from four cover options to suit your requirements. Regardless of the cover option you choose, we’ll also pay your insurance excess in conjunction to your total loss claim.
Loan Protection Insurance
It’s never an easy subject to think about but it’s worth considering what would happen to your vehicle finance repayments if you cannot work due to injury or illness or if you should die.
Designed to protect you and your family from financial strain, Land Rover Loan Protection Insurance can help. We’ll pay your loan payments on your behalf and in certain instances even pay out your existing financed amount.* You can choose from five combinations of cover, which include cover for death, trauma, disability, and involuntary unemployment.^
*Subject to policy limits.
^Involuntary unemployment cover under Loan Protection Insurance is not available to self-employed customers.
Tyre and Rim Insurance
Your Land Rover is equipped with high quality tyres and rims, so it makes sense to protect what keeps you in contact with the road surface. Tyre and/or rim damage caused by punctures, blow outs or kerbs, potholes or debris is frustrating and inconvenient, let alone expensive to repair.
With Land Rover Tyre & Rim Insurance you have little cause for concern as the costs of repairing your tyres and rims are covered by us. You can choose from Standard or Prestige cover and can even include the option of Emergency Accommodation as part of your cover.*
*Subject to policy limits
Assured Extended Warranty Insurance
Enjoy your Land Rover without concern about the cost and inconvenience of mechanical failure by providing warranty cover similar to your original new vehicle warranty.
Covering over 4,500 vehicle components for up to two additional years, you’re protected up to the market value of your vehicle per repair and up to the purchase price of your vehicle for the lifetime of the warranty. Plus, all repairs carried out under an authorised claim are guaranteed for the life of the warranty and you can even transfer your warranty if you sell your vehicle privately.
As an added bonus you also receive Land Rover Roadside Assistance for the period of extended warranty cover at no additional cost.
For more information about Land Rover Insurance, please contact us on 1300 730 916.
Insurance is issued by Allianz Australia Insurance Limited (Allianz) ABN 15 000 122 850, AFS Licence No. 234708. Death cover on the Loan Protection product is issued by Allianz Australia Life Insurance Limited (Allianz Life) ABN 27 076 033 782, AFS Licence No. 296559. For full terms and conditions refer to the Product Disclosure Statement and Policy Document. Limits apply to the benefits you can claim. The selling dealers do not provide any advice on this insurance based on any considerations of your personal objectives, financial situation or needs. Before making a decision about it please refer to the relevant Product Disclosure Statement, available from an authorised dealership.
Registered Trade Marks of Land Rover Land Rover Ltd. Licensed for use by Allianz Australia Insurance Limited and its associated companies.