Renault Finance has seen an increase of 100 per cent in finance applications for the same period last year. Their PCP (Personal Contract Plan) is proving popular with Irish motorists, Renault Finance has lent in excess of €100 million to its 6,000 customers in just over two years. In 2013 Renault Finance saw approximately 1 in 4 customers take Renault ReFlex, Renault’s PCP product, which reduces a monthly payment versus a personal loan or traditional hire purchase. Customers can save up to 30% less with the same finance amount over the same period with a PCP. With ReFlex customers are guaranteed the value of their car in two to three years’ time and Renault and Dacia will guarantee a minimum amount at the end of the finance term. If the customer wishes they can change for a new car every two to three years.
Commenting on the announcement, Mrs. Gaelle Humbert, Managing Director of Renault Finance said, “More and more customers are researching their options online and they have a better idea of what they want when they visit one of our dealerships. It is crucial that we provide these customers with a quick decision so they can make an informed decision on the best way to pay for their Renault or Dacia, hence our new two hours decision time. We have seen 1 in 2 registrations take a finance agreement with us and this is down to flexible ways to pay, lower interest rates, professional service and our 80% acceptance rate. We want to ensure that all customers’ needs are met in their dealerships making it easier for Renault and Dacia drivers to choose and pay for their new car”. For further information on the Renault range of cars and Renault Finance please visit www.renault.ie