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LDV tempts tradies with G10 finance deal

Meal deal: LDV describes its $100 per week asset loan finance deal for the G10 van as ‘little more than a week’s lunch money’.

Chinese brand LDV offers ABN holders 60-month ‘lunch money’ payments on G10

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LDV logo24 Sep 2015

CHINESE brand LDV has launched an eye-catching no-deposit, $100 per week finance offer for ABN holders in an attempt to drum up business for its petrol-powered, rear-drive G10 van.

The deal is pitched as making available a brand-new van “for little more than a week’s lunch money” over the finance plan’s 60-month term and it expires at the end of November.

Although there is no up-front deposit to pay, the small print reveals that buyers must stump up a balloon payment of $2606.33 at the four-month mark and another $5000 at the end of the five-year asset loan repayment period.

The repayments add up to $33,172.80 based on an annual interest rate of 5.25 per cent, while the cash driveaway price is $29,990 for ABN holders.

Propelled by a 2.0-litre turbo-petrol engine delivering a Golf GTI-like 165kW of peak power and 330Nm of torque to the rear wheels through a six-speed ZF automatic transmission, the G10 is pitched as Australia’s most powerful van.

Combined fuel consumption is rated at 11.7 litres per 100 kilometres.

Standard equipment includes air-conditioning, touchscreen entertainment system with Bluetooth connectivity and DVD player, a reversing camera, parking sensors, tyre pressure monitoring, cruise control, electric windows and mirrors, 16-inch alloy wheels and power steering.

The rear axle is suspended on a five-link coil-sprung setup, providing a 1093kg payload within the 5200-litre cargo space that is designed to accommodate two standard pallets and accessed by a lift-up tailgate and dual sliding side doors.

Safety kit includes driver and passenger frontal airbags, electronic stability control with rollover mitigation and anti-lock brakes with electronic brakeforce distribution and emergency braking assistance.

The seven- and nine-seat people-mover G10 variants are not eligible for the $100 per week finance offer.

LDV has registered 47 G10 vans and 59 G10 people-movers since the model was launched in mid-June, while 265 of the larger V80 vans and 33 V80 buses have been sold to the end of August this year.

The V80 recently received a poor two-star ANCAP safety rating and the G10 is yet to be tested.

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