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. Excess mileage charges and wear and tear charges may be payable upon return of the vehicle.
At the end of your Renault ReFlex agreement you have three options, you can choose to either:
Hire purchase is a simple and easy way to finance your car over a period of time, between 1 to 5 years. Renault Bank buys the car on your behalf, and you pay fixed monthly installments to cover the financed amounts. Once the payments are all made the ownership is transferred to you.