Citroën has announced a 0% APR representative
finance deal with two years’ free insurance on its C3 VTR+ and C3
VTR+ Picasso models registered before the end of December.
The deal, financed by Banque PSA, will be
available with 24 fixed monthly payments and a minimum 20%
deposit.
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Buyers aged 25 to 75 can get a C3 from £135 a
month, while a C3 Picasso is available for £165 a month for buyers
aged 30-75.
Citroën provided the example of a 1.4l C3 75
VTR+, worth £11,200 after a Citroën reward discount, which would be
available with a deposit of 2,240, 24 monthly payments of £136.25
and an optional final payment of £5,690, all on 0% finance.
The manufacturer told Motor Finance
the order take and customer enquiry levels so far had been
encouraging, and that dealers had been supportive. It is offering a
straight finance deal rather than HP or PCP as that was the
best way to offer customers 0% APR and free insurance for two
years.
A spokesperson said the company wanted to
provide buyers with “budgeted motoring for two years, which
provides more options and best serves their needs.”
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By GlobalDataGrowth in to Q4
The deal has been announced on the same day as
figures for new car registrations from the Society of Motor
Manufacturers and Traders (SMMT) looked healthy for
the brand.
Citroën new registrations for September 2012, typically the
second busiest month of the year as consumers push for new
registration plates, added 1,313 units to its September 2011 sales,
a rise of 11.38%, year-on-year, and marking a gain of 0.1
percentage points in market share.
New registrations for the marque, year-to-date, were up 6.24%
compared to the first nine months of 2011, to 58,398 units, with a
market share of 3.6%, according to the SMMT.
The offer also follows recent retail finance announcements for
the fourth quarter from fellow manufacturers
Suzuki and
Chevrolet, both of which also saw new car sales growth recorded
by the SMMT.
