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Fiat launches guaranteed HP RVs

Fiat is claming an industry first with Future Value Finance (FVF), introduced to coincide with the launch of the Bravo, which offers a hire purchase scheme with a PCP-style guaranteed residual value.

Alex Hughes, financial services marketing director of Fiat Group Automobiles UK, says: “This is designed to appeal to people who want to own their car by buying on HP and have no final payment if they want to purchase it. Our research suggests no one else offers fixed RVs in a three-year HP agreement.”

Retail buyers using FVF will have the option of selling it to Fiat for a fixed price, subject to conditions including servicing to a maximum of 75,000 miles, and that any damage is repaired.

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