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Nissan launches three-month PCP payment holiday for new car buyers

Nissan GB's N-TEC range

Nissan has followed a string of car manufacturers in offering a three-month PCP finance payment holiday offer on models across its range of vehicles.

Volkswagen Group brands begun offering the COVID-19-prompted break for new car buyers last month, following on from the likes of Renault/Dacia and Ford's offer of a six-month break in payments.

This week the Japanese brand opened up its offer on the new Juke, the LEAF electric vehicle (EV), Micra hatchback, Qashqai crossover, X-Trail SUV, Navara pick-up and e-NV200 commercial vehicle.

Selected Micras, Qashqai N-TEC and X-Trail N-TEC models are also available with 0% finance as part of the new Q3 finance offer, while Nissan is continuing to run its scrappage-style SwitchUP campaign, which offers discounts of up to £6,300 on selected models when customers trade in an eligible vehicle.

Nissan Motor (GB) marketing director, Nic Thomas, said: “We understand that these are challenging times for households across the nation, so we wanted to design our latest offers to ensure Nissan vehicles remain accessible and affordable for customers.

“A three month PCP payment holiday, plus interest-free finance and full warranty and servicing backup from our dealer network will give people peace of mind that they can buy their next new car with confidence.”

Thomas’ appointment as marketing director at Nissan Motor GB was announced by the brand last week, with marketing director Nicolas Verneuil set to shift into the post of sales director.

Thomas returned to the UK from Japan, where he led Nissan’s Global EV Business and the worldwide launch of the latest Leaf electric vehicle (EV), to take the role.

AM webinar: The AM Motor Retail Review (Monday July 6 at 2pm)

This 45-minute webinar will discuss the UK motor retail industry’s achievements in the first month of trading since lockdown ended for England’s car dealers, including:

· June’s new car registrations and used car opportunities.

· The lessons learned from social distanced trading.

· How dealers balance the return to trading and their need to limit their costs.

· Prospects for Q3 and critical steps for success.

Chaired by AM editor Tim Rose, his invited guests will include senior executives of AM100 dealers, suppliers and OEMs, who’ll share their own experiences since lockdown ended and outline some ways dealers can sustain their business recovery.

Rose said: “This is a crucial moment for UK motor retail. The new car registrations data from the first month since lockdown will tell us how strongly the industry is fighting back, and there’ll be feedback on how customers and staff are coping with new processes and PPE in showrooms.

“The lessons of the last few weeks must help motor retail prepare for Q3 and the looming plate-change campaign.”

Guest speakers signed up so far:

Tim Duckers, Cambria Automobiles

Duckers is the motor division managing director of AM100 motor retailer Cambria Automobiles, working alongside chief executive Mark Lavery to lead a portfolio of franchised dealerships from volume mainstream such as Vauxhall and premium brands such as Jaguar Land Rover to high luxury brands such as Bentley and Rolls Royce.

Steve Le Bas, BDO

Le Bas is the head of motor retail at accountants and business advisers BDO. He has some 20 years’ experience working with motor trade clients, including statutory audits, assisting their internal accounting functions and conducting due diligence assignments for prospective motor trade purchasers.

Dale Wyatt, Suzuki GB

As head of automobile at Suzuki GB, Wyatt is responsible for the brand health of Suzuki cars and splits his time between working with the UK management team, Suzuki’s dealer network and the parent company in Japan.

Ian Plummer, Auto Trader

Plummer, commercial director at Auto Trader, joined the car sales platform in 2017 after heading sales operations and franchise management at Volkswagen UK and before 15 years at Renault in roles at both the UK sales company and the head office in Paris.

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