Renault Ireland has announced the introduction of Credit Renault, which it says, on top of its affordable prices, will now enable the company to offer customers a complete finance package this month.
The company has secured an attractive APR of 5.9 per cent, and this is applicable across the Renault retail passenger car range for the month of February and for over 12, 24, 36, 48 or 60 months.
On this credit package, Renault says that it can offer the popular Megane, which is now number four on the Top Ten Models List, from €59.95 per week. (See breakdown below )
Megane Hatch 1.5 dCi Royale
R.R.P (Ex Works ) €20,300
Trade-In Allowance €2,500
Renault Scrappage
(+ 8 years ) €1,500
Government Scrappage
(+ 10 years ) €1,500
Customer Deposit €1,299
Balance for Finance €13,501
No of Months (0 Adv ) 60
Monthly Payment €259.42
Cost of Credit €2,065
APR 5.9%
Weekly Equivalent €59.95
Credit Renault loans are underwritten by Permanent TSB Finance Ltd which is the consumer finance subsidiary of Irish Life and Permanent plc which is regulated by the financial regulator. Terms and conditions may apply and it is always subject to current credit criteria. Valid from February 2010 for a limited period.
