- Vauxhall is introducing a new five-year PCP offer on its electric passenger car models – Astra Electric, New Corsa Electric, and Mokka Electric.
- This unique offer allows customers to spread their payments over a longer period, making electric vehicles more accessible.
- Customers can also take advantage of a special Finance Deposit Contribution on pre-facelift Corsa Electric models, while stocks last.
- Vauxhall’s ‘Plug and Go’ offer enables customers to spread the cost of a home wallbox across their vehicle agreement.
- Vauxhall plans to become an electric-only brand by 2028.
Vauxhall has introduced a new five-year Personal Contract Purchase (PCP) offer for its core electric passenger car models – Astra Electric, New Corsa Electric, and Mokka Electric. This offer allows customers to spread their payments over a longer period, making electric vehicles more accessible. James Taylor, Managing Director of Vauxhall, stated that this offer is unique among manufacturers.
The offer is available with a representative APR of 9.9%. In addition, customers can take advantage of an additional £4,500 Finance Deposit Contribution on pre-facelift Corsa Electric models, while stocks last. By placing a deposit of £1,788, customers can expect monthly payments starting from £449 per month for the GS variant.
Vauxhall’s ‘Plug and Go’ offer allows customers to choose a wallbox and spread the cost across the length of their vehicle finance agreement. This offer is available with Vauxhall’s three approved national suppliers. The ‘Plug and Go’ offer also includes additional benefits such as eight years of roadside assistance, an eight-year battery warranty, and an Octopus Electroverse card that provides access to over 500,000 chargers across the UK and Europe.
The five-year PCP offer can be accessed through the Vauxhall Online Store, where customers can configure their vehicle, obtain a part-exchange valuation, and place an order from the comfort of their home. Alternatively, customers can visit their local Vauxhall Retailer.
Vauxhall is expanding its electric vehicle lineup with the introduction of the Astra Electric. By 2024, Vauxhall plans to offer an electric variant across its entire vehicle lineup and become an electric-only brand by 2028, which is seven years ahead of the UK Government deadline.
Representative examples:
Pre-facelift Corsa Electric with enhanced deposit contribution:
Model |
Corsa Electric (pre-facelift) |
|
Version |
GS 100kW / 136PS |
Ultimate 100kW / 136PS |
59x Payments |
£449 |
£469 |
OTR Price |
£34,080 |
£35,730 |
Vauxhall Finance Deposit Contribution |
£5,750 |
£6,500 |
Customer Deposit |
£1,788 |
£1,903 |
Total Deposit |
£7,538 |
£8,403 |
Total Credit |
£26,542 |
£27,327 |
Interest Charges |
£8,657 |
£10,334 |
Total Amount Payable |
£42,737 |
£46,064 |
Guaranteed Future Value |
£8,708 |
£9,990 |
True Rate |
9.9% |
9.9% |
Miles per annum |
6,000 |
6,000 |
Excess Mileage |
£0.09 |
£0.09 |
Term (mths) |
60 |
60 |
APR |
9.9% |
9.9% |
Mokka Electric:
Model |
Mokka Electric |
Version |
GS 100kW / 136PS |
59x Payments |
£499 |
OTR Price |
£38,985 |
Vauxhall Finance Deposit Contribution |
£2,850 |
Customer Deposit |
£5,428 |
Total Deposit |
£8,278 |
Total Credit |
£30,707 |
Interest Charges |
£10,350 |
Total Amount Payable |
£49,335 |
Guaranteed Future Value |
£11,616 |
True Rate |
9.9% |
Miles per annum |
6,000 |
Excess Mileage |
£0.09 |
Term (mths) |
60 |
APR |
9.9% |