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TERMS & CONDITIONS
The offer is only available on new 301.5, 301.7, 301.8, 302CR, 302.7CR, 305CR, 306, 308SBCR, 309CR and 310 Mini Excavators supplied by Finning (UK) Ltd and is subject to Finning (UK) Ltd Standard Conditions of Sale and Supply. This offer cannot be used in conjunction with any other offer, national agreement or pre-agreed discount and may be withdrawn or changed at any time without prior notice. Offer open until 31st December 2023 or whilst stocks last. The “1.99% fixed flat rate offer" is for a 36-month fixed rate hire purchase contract with Caterpillar Financial Services (UK) Limited. This offer is subject to payment of a 20% deposit, full VAT and a £175.00 documentation fee with first monthly payment*. A £10.00** option to purchase fee will be collected with the final payment. All monthly payments to be paid by Direct Debit. The offer is only open to business customers in the United Kingdom. Other credit terms are also available upon request from Caterpillar Financial Services (UK) Limited, Friars Gate, 1011 Stratford Road, Shirley, Solihull, West Midlands B90 4BN. All terms are subject to credit approval by Caterpillar Financial Services (UK) Limited. Caterpillar Financial Services (UK) Limited is regulated by the Financial Conduct Authority.
Representative Examples – Hire Purchase Agreement: |
301.5 |
301.7 |
301.8 |
302CR |
307.2CR |
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|
|
|
|
|
Monthly payments: |
£492.21 |
£562.05 |
£596.57 |
£682.79 |
£715.19 |
Cash price (including VAT): |
£25,082.40 |
£28,641.60 |
£30,400.80 |
£34,794.00 |
£36,445.20 |
Deposit: |
£4,180.40 |
£4,773.60 |
£5,066.80 |
£5,799.00 |
£6,074.20 |
VAT payment: |
£4,180.40 |
£4,773.60 |
£5,066.80 |
£5,799.00 |
£6,074.20 |
Total payable on contract signing (Deposit & VAT payment): |
£8,360.80 |
£9,547.20 |
£10,133.60 |
£11,598.00 |
£12,148.40 |
Duration of agreement (months) |
36 |
36 |
36 |
36 |
36 |
Purchase fee**: |
£10.00 |
£10.00 |
£10.00 |
£10.00 |
£10.00 |
Total amount of credit: |
£16,721.60 |
£19,094.40 |
£20,267.20 |
£23,196.00 |
£24,296.80 |
Total amount payable: |
£26,265.36 |
£29,966.00 |
£31,795.12 |
£36,363.44 |
£38,080.24 |
Interest rate (fixed): |
1.99% |
1.99% |
1.99% |
1.99% |
1.99% |
Representative APR: |
4.6% APR |
4.5% APR |
4.5% APR |
4.4% APR |
4.4% APR |
* For customers who are limited companies or partnerships of four or more partners, the documentation fee is payable in advance.
** For customers who are limited companies or partnerships of four or more partners, the purchase fee is £75 + VAT.