Mitsubishi Motors UK announced a range of competitive finance offers for the Outlander PHEV SUV.
The Outlander PHEV, which benefits from £0 VED, is Congestion Charge free, also qualifies for the UK government’s £5,000 Plug-In Car Grant (P-ICG).
Since its launch in April this year, the Mitsubishi dealer network has taken orders and deposits from customers who eagerly anticipate the vehicles arrival later this month. The Outlander PHEV is also the only plug-in hybrid to be launched at the same price as its diesel equivalent.
Competitive Finance Offers
To help further the success of the plug-in hybrid sales within the business sector, Mitsubishi Contract Motoring is offering extremely competitive Contract Hire rentals.
Rental Profile Monthly Rental
12-0-35 (10k miles per annum) £219+VAT
To complement Mitsubishi Contract Motoring’s headline offer above, segment leading additional profiles are also available:
Rental Profile Monthly Rental
12-0-47 (10k miles per annum) £205+VAT
Rental Profile Monthly Rental
12-0-59 (10k miles per annum) £195+VAT
6.9% APR Finance Option
In addition to the new contract hire and leasing rentals, both retail and business user customers can benefit from a 6.9% APR Finance option. This offer is available on both regulated and non-regulated finance plans.
A minimum deposit of 10% post grant is required. For retail customers, this type of proposition means that ownership passes upon signing the agreement and for business users, the vehicle is an asset on the balance sheet and lower monthly payments aid cash flow. For example;
| Vehicle Price | Deposit | Monthly Payments |
| £28,304 | £6,410 | £436 |
| Benefit in Kind What’s more company car drivers will further benefit – if a customer is a 40% tax payer, the company car tax on Outlander PHEV is £665 in the first year and in tax years 2015/2016, company car tax increases will make the Outlander PHEV tax savings even bigger. | ||
Furthermore, businesses will benefit as they can write-down the vehicle’s full value in the first 12 months.
In addition to these finance offers, independent residual value advisors, CAP, have predicted the Mitsubishi Outlander will retain 49% of its on-the-road price after the £5,000 government incentive P-ICG and after three years and 30,000 miles – which is better than most combustion engined rivals.
