The 100% electric MG5 excite ticks all the boxes when it comes to range, price and practicality; it’s the most affordable EV we offer, has a new and improved 250 mile range and an extremely spacious interior.
7. Total Charge for Credit
The Total Charge for Credit has been calculated by applying the Rate of Interest (per annum) to the Amount of Credit (6)
8. Documentation and Administration Fee:
9. Option to Purchase Fee (payable only if you wish to purchase the Vehicle at the end of this Agreement):
10. Balance of Amount Payable:
11. Total Amount Payable (5+6+7+8+9):
Representative APR 24.74%
This a Hire Purchase agreement Regulated by the Consumer Credit Act 1974 . The prices above are based on an agreement over a period of 60months. Once you have made all the payments due under this agreement you will own the vehicle. This agreement has an annual mileage allowance of 40,000, excess miles will be charged at 8p/mile only in the event that you cancel this agreement. You have Flexible Termination Rights under this contract where you can cancel the agreement with 4 weeks notice at any time, termination fees apply from £399 – £99.
Credit is subject to status. We will conduct a credit check and affordability assessment to ensure you meet our criteria. We reserve the right to refuse applications that do not meet our criteria. WeFlex is a responsible lender and so will ensure we make sure you can afford your payments with us prior to agreeing to give you a lease / finance agreement. Prices correct at time of going to press but subject to change. Availability of vehicles may vary.
Without prejudice to your statutory rights, you may terminate this Agreement at any time from the date that is 4 weeks after the date of the commencement of your Agreement until you have paid half of the total amount payable under your Agreement.
You have Flexible Termination Rights under this contract where you can cancel the agreement with 4 weeks notice at any time. Termination fees are as follows:
Time elapsed from the commencement date
12 months onwards
Did you know the cost savings you make when
you switch to a 100% electric vehicle?