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What is Drivewise by Network?

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10 March 2015

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Before the start of your new Drivewise contract, you’ll also be able to add a full maintenance package at a fixed cost – so all your motoring costs can be fixed.

Finally, a guaranteed residual value or ‘purchase price’ is set by Network at the start, which gives more options when the contract comes to an end.

Buy, and then sell for a deposit
The first option on the Drivewise plan is to pay the final instalment, then sell the car yourself and use the funds as a deposit for your next one.

Keep
Or, you could choose to pay off the final instalment and just keep the car.

Keep and re-finance
Re-finance any outstanding amount left on the car and keep for a longer period.

Return and resell
Want to sell the car at the end of the contract, but can’t be bothered with the hassle and tyre-kickers of doing it yourself? No problem, as part of the Drivewise contract, Network will take the car back and sell it on your behalf.

Be aware though, that if the car is returned outside of Network’s Fair Wear and Tear Guidelines, or over mileage, then extra charges will apply.

What are the benefits of Drivewise by Network?

  • Drivewise is a personal contract purchase (PCP)
  • You can drive a car for a set monthly monthly amount
  • Low deposit
  • Choice of options at the end of the lease – so lots of flexibility
  • No company car tax to worry about

 

 

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