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post #8 of (permalink) Old 23rd August 2012
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Re: cancelling finance agreement before 1st Sept

Originally Posted by madnoel10 View Post
From what I can ascertain the Renault Selections scheme is more akin to a lease (rental) agreement rather than a purchase deal so obviously terms and conditions will be quite different.
Selections is a PCP agreement in essence, so it is half way between a lease and a hire purchase (technically it is a regulated hire purchase, with a guaranteed balloon)
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