Renault ReFlex is a Personal Contract Plan, a flexible Hire Purchase agreement that enables you to have a reduced monthly payment thanks to a Guaranteed Future Value for your car in 3 years’ time. Having a Guaranteed Future Value for your car means that you can have a flexible finance plan that suits your circumstances and you don't need to worry about the re-sale value of your Renault in 3 years’ time.
You select your deposit and anticipated annual mileage at the end of your agreement.
We guarantee the future value (GMFV) of your car. You are protected from negative equity and the GMFV is removed from the cost to you of the price of the car.
We calculate your monthly payment. You only pay for the part of the car that you use. ReFlex insure you a flexible payment plan and affordable monthly payment.
The benefits of Renault ReFlex
What happens at the end of my agreement?
You will get three choices when your Renault Selections agreement comes to an end:
SELECTION 1 - UPGRADE FOR A NEW MODEL
SELECTION 2 - KEEP THE CAR AND MAKE YOUR FINAL PAYMENT
SELECTION 3 - HAND THE KEYS BACK
Hire purchase is a simple and easy way to finance your car over a period of time that you choose, 1 to 5 years. Renault Bank will purchase the car on your behalf. You then pay fixed installments over a flexible term of your choice. At the end of the agreement ownership transfers to you.
The benefits of Renault hire purchase:
Pay a minimum deposit.
Balance to fund
Your salesperson will calculate your monthly payment based on the remaining amount to be financed on the vehicle.
Complete the purchase of the car at the end of the agreement.