Peugeot Australia has launched its Assure Future Value scheme, which guarantees an agreed value at the expiration of a loan on any new 208 model - as long as the buyer finances their car through Peugeot Finance.
After selecting the length of the loan - two or three years - the buyer nominates the number of kilometers they expect to travel each year, Peugeot then agrees to guarantee the car's retained value at the end of the loan period.
This amount can vary, according to kilometres travelled and the loan's duration.
Once the loan period is over, owners can then choose to refinance the car on its agreed value, buy it outright at the same price, or return the car with no more to pay (a vehicle financing model quite like the 'no recourse' financing available in the US).
They can also trade it in on another Peugeot model, and if the trade-in value is greater than the assured future value then the buyer gets to keep the difference.
The Assured Future Value scheme is the latest incentive that Peugeot Australia has dangled in front of new car buyers. The company also offers free roadside assistance as a deal-sweetener, and Peugeot's capped-price servicing scheme now extends to cover the 208, 308, 3008, 4008 and 508.
For now, the Assured Future Value scheme only applies to the 208. However, the company has indicated that the programme could eventually be rolled out for other models.