Personal Contract Hire (PCH)

HELP YOU BUY YOUR DREAM CAR

WHAT IS HIRE PURCHASE?

Hire Purchase is a car finance agreement that allows you to spread the cost of buying a car over a period of time, and own the vehicle at the end of the agreement. Ultimately, this means getting a car is more affordable as you can spread the cost of your car over a longer period of time.

With our hire purchase arrangements, you’ll pay a fixed monthly cost for your Suzuki.

Still unsure whether this is the right finance deal for you? Here’s how HP works.

HOW HIRE PURCHASE WORKS

You choose your deposit amount at the beginning of the agreement, and then pay equal monthly repayments with a fixed interest rate, over your chosen period. After you’ve made all the repayments including any interest, you will become the owner of the vehicle.

Depending on your credit status, you can:

Borrow any amount from £3,000 for new vehicles and from £2,000 on used
Repay over 1-5 years depending upon the age of your vehicle
Decide on the deposit you would like to pay (no deposit may be available, subject to status)

Our dealers will be able to talk you through the hire purchase options available to you, and will be able to answer any questions you might have. You can also try our hire purchase calculator to look at some of the different payment options we have available, so that you can find the right deal.

Other benefits of Hire Purchase include…

Hire Purchase considerations

Before you decide whether a Hire Purchase agreement is right for you, it’s worth remembering that:

You must be at least 18 years old and a permanent resident of the UK
You must have a fully comprehensive insurance as well as the relevant driving licence for the vehicle
You won’t own the car until you’ve made your final repayment, including any interest
You won’t be able to sell or modify your car over the length of the agreement
You bear more risk of depreciation than with PCP, which means if the vehicle’s value depreciates faster than expected, you will continue paying the fixed monthly repayments

CHOOSING SUZUKI PERSONAL CONTRACT PURCHASE

FOR YOUR BUSINESS

No matter what you’re looking for in a company car, we’ve got you covered. Whether you need something compact, maneuverable and easy to park around town or a bigger, spacious vehicle for longer business trips, the Suzuki range has something for everyone.

We don’t do bland, soulless vehicles - our cars have real character: we focus on a fun driving experience, and making sure the car you drive is something which makes you smile.

Suzuki Company Cars

HOW TO GET STARTED WITH SUZUKI

HIRE PURCHASE

At Suzuki, we don’t just offer you an excellent range of characterful cars, we also pride ourselves on our customer service - so you can feel sure you’ll get the support that you need from our team right from the start line.

The first step is to take a look at our range. We offer a wide variety of cars, from the fun and sporty Swift, to the S-Cross with its 4WD technology. All our models are also available with hybrid, meaning greater fuel efficiency and lower emissions.

Once you’ve found the right model and grade to suit your needs, head over to our hire purchase calculator to find the right hire purchase agreement. Once you’ve found a contract which works, you can send this on to your local dealer and arrange a time for them to give you a call so that you can ask any questions and get the ball rolling. Please bear in mind that this is just a quote - a firm contract offer will require an application which is subject to your credit status.

Finance Calculator

A BREAKDOWN OF OUR PRODUCTS

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	Hire Purchase	Personal Contract Purchase (PCP)	Personal Contract Hire
Deposit Required	Yes. Flexible. 0% may be available.	Yes. Flexible. 0% may be available.	Yes. 1 - 12 months initial rental.
Length of Agreement	From 1 -5 years	From 2 - 4 years	From 2 - 5 years
Fixed Payments	Yes	Yes	Yes
Final lump sum repayment at agreement end	N/A	Yes	N/A
Maximum permitted age of car at agreement end	Typically 14 years	Typically 7 years	Typically 5 years
Ownership at agreement end	Yes	Yes. If you pay the final lump sum payment.	No ownership option available. You must arrange to return the vehicle.
Goods return option	N/A	Yes. Return conditions apply.	No ownership option available. You must arrange to return the vehicle.
Excess mileage charges	N/A	Yes. If exercise goods return option and exceed mileage allowance.	Yes. If contracted mileage allowance exceeded.
Part exchange NB. Subject to settling outstanding finance. New agreements subject to status.	Yes	Yes	N/A
Voluntary termination rights NB. Regulated agreements only	Yes	Yes	N/A
Fully comprehensive insurance required	Yes	Yes	Yes
Ability to amend monthly payment due date NB. Subject to loss of interest charge.	Yes. Once every 12 months.	Yes. Once over the lifetime of the agreement.	Yes. Subject to conditions.

*Hire Purchase, PCP and Personal Contract Hire are subject to status and only available to UK residents aged 18 and over. Credit products are provided by Suzuki Finance, a trading style of Suzuki Financial Services Ltd, St. William House, Tresillian Terrace, Cardiff, CF10 5BH. Personal Contract Hire is provided by Lex Autolease Limited trading as Suzuki Contract Hire, PO Box 3982, Chester, CH1 9XD.

**Under our PCP product, you have the option at the end of the agreement to return the vehicle and not pay the deferred optional Final Payment. Providing the vehicle is in good condition and has not exceeded the maximum agreed mileage you will have nothing further to pay. If the vehicle has exceeded the maximum agreed mileage a charge for excess mileage will apply. Further information on what is considered good condition can be found at here.

Terms and Conditions

Hire Purchase (HP)

Finance is available to UK residents aged 18 years or over, subject to status. Suzuki Finance is a trading style of Suzuki Financial Services Limited, part of Lloyds Banking Group, St. William House, Tresillian Terrace, Cardiff, CF10 5BH.

Personal Contract Hire (PCH)

Personal Contract Hire is provided subject to status by Suzuki Personal Contract Hire, which is a trading style of Lex Autolease Limited. Registered office: PO Box 3982, Chester, CH1 9XD. Applicants must be over 18 and a UK resident. Ownership of the vehicle remains with Lex Autolease Limited and the vehicle must be handed back at the end of the term. Return and mileage conditions apply.

Personal Contract Purchase (PCP)

Credit is available to UK residents aged 18 years or over, subject to status. If finance is needed when making a part exchange, you will need to enter into a new agreement (subject to status). Under the goods return option, you will have to make additional payments if the car is not in good condition for its age and mileage, or if the car has exceeded its allowed mileage. Suzuki Finance is a trading style of Suzuki Financial Services Limited, part of Lloyds Banking Group, St. William House, Tresillian Terrace, Cardiff, CF10 5BH.

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FINANCE JOURNEY?

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