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What is Flex & Free?

Flex & Free is a new flexible car lease agreement available from PSA Finance, providing you with the flexibility to change your car more frequently. It’s similar to a Contract Hire agreement, but with the option to change your vehicle from month 6 without penalty (subject to condition and mileage).

So, whether you’re looking for a regular update to a new model or would like to try one of our electric vehicles, Flex & Free could be the agreement for you.

How does Flex & Free work?

When taking out a Flex & Free agreement, you will agree a monthly rental and annual mileage to suit your circumstances. You will also be required to pay an advanced rental, which will equal 3 monthly rentals.

The agreement length is 48 months. However, when you reach the 5th month of your agreement, we will contact you to remind you that you have the flexibility to change vehicle from month 6.

Each time you change your vehicle (at any point from 6 months until the end of your agreement), you will start a new 48 month Flex & Free agreement. This means you can then change your vehicle again at month 6 if you wish.

Which vehicles can I lease with a Flex & Free agreement?

Currently Flex & Free is exclusive to new cars across the Peugeot and DS networks and is at present only available on selected variants of the new e-208, 2008, e-2008 and 3008 models and DS 3 CROSSBACK model.

How you can change your car early with Flex & Free

Simply notify us via your MyFinance account of your intention to switch or return your vehicle and if applicable, arrange your new car with your dealer. We'll then book a convenient time to collect your existing car that coincides with the arrival of your new one.

Once you receive your new car, your existing agreement will end with nothing more to pay (subject to condition and mileage) and your new 48-month agreement will commence.

When returning your vehicle at any point throughout your agreement, you will be required to pay any damage and/or excess mileage charges in accordance with your agreement.

What if I don't want to change my car for another car?

If you decide not to switch your vehicle during your agreement this is not an issue. You simply continue with your agreement as normal and return your vehicle at the end of 48 months.

Features & Benefits of Flex & Free

  • The ability to change your vehicle once reaching 6 months into your agreement
  • Flexible car lease terms to meet your needs, including variable duration and mileage
  • The option to “try before you buy”
  • Low initial rental, fixed at 3 monthly rentals
  • Fixed monthly rentals for the duration of the agreement, making budget planning easier
  • When returning the vehicle at the end of your agreement, you do not need to worry about it depreciating or disposal of the vehicle
  • Includes Road Fund Licence, Roadside Assistance and 7 Day Free Insurance