​Suzuki Finance offer a range of finance products to suit customer’s individual needs. These are: 

  • Hire Purchase (HP) 
  • Personal Contract Purchase (PCP) 
  • Personal/Business Contract Hire (PCH/BCH) 
This guide provides information to help you choose the right product for you. 

HP and PCP are subject to status and only available to UK residents aged 18 and over. Finance is provided by Suzuki Finance, a trading style of Suzuki Financial Services Ltd, St William House, Tresillian Terrace, Cardiff, CF10 5BH. Suzuki Financial Services is authorised and regulated by the Financial Conduct Authority. PCH and BCH are subject to status and only available to UK residents aged 18 and over. Finance is provided by Lex Autolease Ltd, Heathside Park, Heathside Park Road, Stockport SK3 0RB. Lex Autolease Ltd is authorised and regulated by the Financial Conduct Authority. Suzuki Financial Services Ltd and Lex Autolease Ltd are part of Lloyds Banking Group. Availability of products may vary by dealer and vehicle type. ​

OUR PRODUCTS

​HPPCP​PCH-SUBJECT TO AVAILABILITY
​New and Used Vehicles​✔️​✔️​New only
​Length of Agreement​From 1-5 years​From 1-4 years​From 2-5 years
​Deposit/Initial Rental Required​✔️
£0 deposit may be available
​✔️
£0 deposit may be available
​✔️
Initial payment of between 1–12 months rentals
​Fixed Monthly Repayments​✔️​✔️​✔️
​Optional Final Repayment❎​​✔️​❎
​Maximum Permitted Age of car at Agreement End​Typically 14 years​Typically 7 years​Typically 5 years
​Ownership Option at Agreement End​✔️​✔️
After optional final repayment is paid
​❎
Vehicle must be returned
​End of Contract Goods Return Option​✔️
Return conditions apply
​✔️
Return conditions apply
​✔️
Return is compulsory Return conditions apply
​Mileage and condition restrictions/charges (if you exceed agreed mileage or the vehicle is not in good condition upon return)​✔️
Charges apply if you return the vehicle
​✔️
Charges apply if you return the vehicle
​✔️

​Ability to amend annual mileage in life​❎
​❎​✔️
Subject to Status
​Voluntary Termination (HP/PCP) Early Termination (PCH)​✔️
Return conditions apply
​✔️
Return conditions apply
​✔️
Return conditions apply
​Early Settlement Option​✔️​✔️​❎
​Fully Comprehensive Insurance Required​✔️​✔️​✔️
​Ability to Amend Monthly Payment Due Date​✔️
Once every 12 months
​✔️
Once during the agreement
​✔️
Subject to conditions
​Optional Maintenance Packages Available​❎​❎​✔️

HIRE PURCHASE

How it Works

Hire Purchase (HP) could help you buy your dream car whilst spreading the cost.

You’ll agree an initial deposit, your agreement term and your monthly repayments with the dealer.

Your deposit is taken from the price of the car.

You’ll then pay the remaining balance plus interest in equal monthly repayments over the agreed term.

Suzuki Finance buys the car on your behalf and owns the car for the duration of the finance agreement.

After you’ve made all the repayments including any interest, you will become the owner of the vehicle.

​Personal Contract Purchase 

How it Works 

Personal Contract Purchase (PCP) can help you to buy your dream car with lower monthly repayments than a hire purchase product as a large proportion of the amount you repay is deferred into an optional final repayment. You will pay more interest on a PCP agreement than a HP agreement for the same loan amount, term and APR* as your balance reduces more slowly due to the optional final repayment. 

Agree an initial deposit and term with the dealer and decide how many miles you’ll travel each year. 

The dealer will then work out the monthly repayment amount and the optional final repayment amount, which is based on the anticipated value of the vehicle at the end of the agreement. 

At the end of your agreement, you can part exchange the vehicle, return the vehicle (return conditions apply) or pay the optional final repayment and own the vehicle. 

Suzuki Finance buys the car on your behalf and owns the car for the duration of the finance  agreement. 

After you’ve made all the repayments including the optional final repayment and any interest, you will become the owner of the vehicle.  ​

Personal Contract Hire

This product is only available on selected models.

How it Works

Personal Contract Hire (PCH) is a fixed cost rental agreement which is available for a period of 2-5 years on new vehicles only.

This is also available with an added optional maintenance package which can help with keeping your vehicle in good condition.

When your agreement comes to an end you must return the vehicle to us as there is no ownership option.