Hi guys,
I was just reviewing the small print of the Peugeot Passport plan (http://www.offers.peugeot.co.uk/passport), and one particular section raised an eyebrow:
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"What happens at the end of the contract?
At the end of the contract you can:
<ul>[*]Pay the optional final rental and continue to drive the car by paying an annual rental equivalent to one of your monthly rental
[*]Hand the car back with nothing further to pay (subject to mileage and condition)
[*]Part exchange your car for a brand new one
"
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The part in bold is what concerned me. So imagine you pay off the final rental, so now you have paid the entire value of the car back to Peugeot (plus a bit more I imagine via interest).
Is this sentence now suggesting that even though the car is fully paid for, you still have to pay another rental fee to Peugeot every single year for remainder of the lifetime of the vehicle?
If so, that sounds rather bad form.
Edited by: Tankshell
I was just reviewing the small print of the Peugeot Passport plan (http://www.offers.peugeot.co.uk/passport), and one particular section raised an eyebrow:
- - - - - - -- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
"What happens at the end of the contract?
At the end of the contract you can:
<ul>[*]Pay the optional final rental and continue to drive the car by paying an annual rental equivalent to one of your monthly rental
[*]Hand the car back with nothing further to pay (subject to mileage and condition)
[*]Part exchange your car for a brand new one
"
[/list]- - - - - - -- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
The part in bold is what concerned me. So imagine you pay off the final rental, so now you have paid the entire value of the car back to Peugeot (plus a bit more I imagine via interest).
Is this sentence now suggesting that even though the car is fully paid for, you still have to pay another rental fee to Peugeot every single year for remainder of the lifetime of the vehicle?
If so, that sounds rather bad form.

Edited by: Tankshell