What are the options at the end of the initial period of the loan?
When you come to the end of your loan period, you have the choice about how to pay off the deferred part of your loan. You can keep your car and carry on paying your low monthly repayments until the whole of the loan is repaid. You can keep your car and pay off the remainder of your loan with a lump sum. You can sell your car and use the money to pay off the rest of the loan – then buy a new car with a new Marks & Spencer Car Buying Plan.
