Mitsubishi is offering the L200 pickup with 5.9 percent representative APR on a Personal Contract Purchase (PCP). The L200 is one of the most affordable pickups to buy outright, and this deal means it will also appeal to operators who prefer the flexibility that vehicle financing offers.
Personal Contract Plan (PCP)
This kind of deal is becoming popular among commercial vehicle operators as the monthly payments are low and it offers a lot of flexibility. PCP works by paying a deposit, then monthly payments over a set time period to cover the depreciation and then a balloon payment at the end (called the Guaranteed Future Value) to transfer ownership.
For example, if you’re after the Mitsubishi L200 Titan (list price £25,182 including VAT), the deposit is £7,944, there are 37 monthly payments of £299 to follow with the optional final payment of £8,800 to transfer the ownership (plus £10 purchase fee). Finance Mitsubishi is part of the Lloyds Banking Group and the respresentative APR is 5.9 percent.
Mitsubishi L200
The Mitsubishi L200 Series 5 was launched in 2015, and offers much higher levels of comfort, safety, ride and handling, and efficiency than previous models. There is also a lot of equipment included as standard on the Titan trim-level, including air conditioning, cruise control, a DAB radio with Bluetooth and USB connectivity and steering-wheel mounted controls.
Deal summary
When it comes to buying outright, the Mitsubishi L200 has always been one of the best in the class, and this alliance with the Lloyds Banking Group widens the appeal to operators who prefer financing. To learn about this deal, contact your local Mitsubishi dealership by visiting www.mitsubishi.co.uk.
*Deals are correct at time of publication. Everyone’s financial circumstances are different and credit is not always available – Parkers cannot recommend a deal for you specifically. These deals are indicative examples of some packages available this week.
