ALFA ROMEO FINANCE OPTIONS
PERSONAL FINANCE OPTIONS
If you've set your heart on one of the stylish Alfa Romeo vehicles, finance options through Stellantis Financial Services are an easy way to get you on the road. Simply choose the car finance option that suits your budget, lifestyle and needs.
PERSONAL CONTRACT PURCHASE (PCP)
WHAT IS PCP?
A popular way to spread the cost of a new Alfa Romeo is with Personal Contract Purchase (PCP). You will pay a deposit, followed by fixed monthly payments, and if you wish to own the vehicle, an optional final payment (also known as balloon payment or guaranteed future value). These will be determined by your contract duration and agreed annual mileage at the beginning of your contract.
WHAT ARE THE FEATURES & BENEFITS OF PCP
- Fixed monthly payments allowing you to budget with confidence.
- There are three options at the end of your agreement, providing you with flexibility.
HOW DOES PCP WORK?
- Choose your Alfa Romeo car
- Decide the amount of deposit you wish to pay (between 0-40% of the car price)
- Confirm your estimated annual mileage (between 6,000 and 30,000)
- Decide how long you wish to keep your Alfa Romeo car (25, 31, 37 or 48 months)
- Make fixed monthly payments for the duration of your contract
- At the end of the contract choose which option suits you best
WHAT HAPPENS AT THE END OF THE CONTRACT?
- Pay the optional final payment and own the car. This can be paid as one lump sum or can be refinanced to spread the cost.
- Part exchange your current car, using any equity towards a brand-new Alfa Romeo. If there is no or negative equity on your vehicle you will need to settle this before entering into your new agreement.
- Hand the car back with nothing further to pay (subject to mileage and condition).
HOW DO I CHOOSE MY ANNUAL MILEAGE?
When you're working out your annual mileage try and base it on what you have done in the past. Make your allowance generous and then you can really enjoy the time you spend behind the wheel of your new Alfa Romeo.
Going over your limit
If you do go over your agreed annual mileage limit and decide to hand your car back to Stellantis Financial Services, then you’ll need to pay an excess mileage charge. This is calculated on a pence-per-mile basis and will be shown on your finance quote and contract.
Excess mileage charges only apply if you exceed your total agreed mileage over the full term of your agreement and return the car.
Going under your limit
If you cover fewer mile than you anticipate, your car might be worth more than originally estimated, which means that you might have some equity to put towards your next new Alfa Romeo.
CONDITIONAL SALE
WHAT IS CONDITIONAL SALE??
This is a straightforward arrangement to fund your car with a fixed term and interest rate. You determine the level of deposit required, even nil deposit if you wish and there is no restriction to your annual mileage. At the end of the contract, when the final monthly payment has been made, ownership passes to you.
WHAT ARE THE FEATURES AND BENEFITS OF CONDITIONAL SALE?
- Fixed monthly payments allowing you to budget with confidence.
- No limit to your annual mileage, you can enjoy driving your car unrestricted.
HOW DOES CONDITIONAL SALE WORK?
- Choose your Alfa Romeo car
- Decide the amount of deposit you wish to pay, anything from zero
- Choose a monthly repayment/contract length to suit you, from 36 months to 5 years
- Make fixed monthly payments for the duration of your contract
- At the end of your contract enjoy the benefit of owning the car outright
PERSONAL CONTRACT HIRE (PCH)
WHAT IS PCH?
This is a hire contract ideal for you if ownership isn’t important. You pay an initial rental, agree your annual mileage and decide how long you’d like to drive your car for (anything up to 5 years). Rentals will be fixed for the duration of the contract. At the end of the contract, you return the car with nothing further to pay (subject to mileage and condition).
WHAT ARE THE FEATURES & BENEFITS OF PCH?
- Fixed monthly rentals allowing you to budget with confidence
- At the end of the contract hand the vehicle back with no depreciation risk associated with owning a car.
HOW DOES PCH WORK?
- Choose your Alfa Romeo car
- Confirm your estimated annual mileage (between 5,000 and 50,000)
- Decide how long you wish to keep your Alfa Romeo car (anything between 18 months and 5 years)
- Decide the amount of your initial rental
- Make fixed monthly rentals for the duration of your contract
- At the end of the contract simply hand your car back with nothing further to pay (subject to mileage and condition)
HOW DO I CHOSE MY ANNUAL MILEAGE?
Basing your future mileage on your previous mileage is a good starting point. However, it’s recommended to add a little to this to give you peace of mind and allow you to really enjoy your Alfa Romeo.
If you do go over your agreed annual mileage limit, you’ll need to pay the excess mileage on a pence per mile basis. This is specified up front in your rental contract, therefore you’ll know from day one any additional costs you may need to pay for going over your agreed limit
Finance Terms & Conditions
Over 18’s only. Finance subject to status. T&Cs apply. A guarantee may be required. Alfa Romeo UK Ltd is acting as a credit broker and not as a lender and may introduce you to other credit brokers (vehicle retailers). We will introduce you to Stellantis Financial Services UK Limited (“Stellantis Financial Services”) as a lender and we may receive a fixed commission for this introduction or no commission at all. The vehicle retailer, acting as credit broker, will receive from the lender a commission, fee or other remuneration typically. This may be in the form of a standard amount e.g. based on a fixed fee or fixed interest rates, campaigns or targets agreed between Stellantis Financial Services and the credit broker. Alternative finance products may be available with different commission amounts and/or arrangements. For more details, or if you think this will affect your decision to enter into an agreement, you should ask Stellantis Financial Services or the vehicle retailer (acting as a credit broker) for further information.