mif pcp terms feb 2011
DESCRIPTION
Max age of car at end of contract (mths) 80,000 (Audi 120,000) 5,000 Max age of car at inception (mths) Max age of car at inception (mths) Max milage at contact end (incl start mileage) Max milage at contact end (incl start mileage) VOLKSWAGEN/AUDI 24 66 (72 for Audi) Nil Min annual mileage Min annual mileage Max contract (mths) Max contract (mths) Max annual milage Max annual milage Min contract (mths) Min contract (mths) Maintenance Available Maintenance Available Max mileage at inceptionTRANSCRIPT
Funder
Max age of car at
inception (mths)
Max age of car at end of contract (mths)
Max mileage at inception
Max milage at contact end (incl
start mileage)
Min annual mileage
Max annual milage
Maintenance Available
Min contract (mths)
Max contract (mths)
Excess mileage penalty Min deposit Max deposit
ALPHERA 48 84 100,000 120,000 6,000 60,000 NO 24 60 YES0% (10%
above 48mths) 40%SANTANDER 36 60 50,000 100,000 6,000 25,000 NO 24 36 YES 0% 40%NETWORK 36 60 - 150,000 6,000 50,000 YES 24 60 (if new) YES 0% 30%
Manufacturer
Max age of car at
inception (mths)
Max age of car at end of contract (mths)
Max mileage at inception
Max milage at contact end (incl
start mileage)
Min annual mileage
Max annual milage
Maintenance Available
Min contract (mths)
Max contract (mths)
Excess mileage penalty Min deposit Max deposit
FORD 48 79 48,000 86,000 6,000 24,000 NO 24 36 YES 0% 35%VAUXHALL No PCP No PCP No PCP No PCP No PCP No PCP No PCP No PCP No PCP No PCP No PCP No PCP PEUGEOT 48 72 50,000 104,000 6,000 18,000 NO 25 37 YES 5% 40%CITREON 24 62 24,000 90,000 6,000 30,000 NO 37 37 YES 0% VARIABLERENAULT 36 60 N/A 120,000 5,000 25,000 YES 24 36 6p per mile 0% 35%KIA 47 84 50,000 100,000 6,000 25,000 NO 24 42 14.9p per mile 0% 40%MERCEDES-BENZ 60 84 180,000 0 50,000 YES 24 48 YES VARIABLE NONE
VOLKSWAGEN/AUDI 24 66 (72 for Audi) Nil80,000 (Audi
120,000) 5,00025,000 (Audi
30,000) YES 18 42 (Audi 48) YES 0%30% (Audi & Porche 50%)
TOYOTA 60 84 100,000 120,000 10,000 40,000 NO 24 42 YES 0% 35%
Mann Island Funders - Used PCP Terms - February 2011
Manufacturer - Used PCP Terms - February 2011
OBSERVATIONS - MiF can match or exceed the repayment periods of all our competitors with the exception of Mercedes and Toyota. MiF can transact older cars on PCP than most of our rivals. MiF can offer PCP on higher inception mileages than our competitors. MiF can match or exceed most maximum end mileages. MiF has the highest allowable annual contract mileage. MiF can offer "With Maintenance" contracts (Network only). MiF offers the longest repayment periods.