Finance Representative Example Personal Contract Purchase (PCP)
OTR Price of £14,999.00, borrowing £12,449.00 with a £2,550.00 deposit at a representative APR of 7.9%.
BILL SMITH MOTORS LIMITED is a credit broker and not a lender. We typically receive commission for introducing you to Suzuki Financial Services Ltd. The commission will be a flat fee amount or will be a percentage of the amount that you borrow. The commission will be the same no matter the interest rate that you pay.
Credit is available to UK residents aged 18 years or over, subject to status. Suzuki Finance is a trading style of Suzuki Financial Services Limited, 33 Old Broad Street, London, EC2N 1HZ. With Personal Contract Purchase (PCP) you have the option after you have paid all of the regular monthly payments to: (1) Return the vehicle and not pay the Optional Final Payment. In this example if the vehicle has exceeded the maximum agreed mileage, a charge of 7.2p (including VAT at 20%) will apply per excess mile. If the vehicle is in good condition (fair wear and tear accepted) and has not exceeded the maximum agreed mileage you will have nothing further to pay. (2) Pay the Optional Final Repayment to own the vehicle or (3) Part exchange the vehicle subject to settlement of your existing finance agreement; new finance agreements are subject to status.
FINANCIAL DISCLOSURE: Bill Smith Motors Ltd are a credit broker and not a lender. We are Authorised and Regulated by the Financial Conduct Authority. FCA No: 653179 Finance is Subject to status. Other offers may be available but cannot be used in conjunction with this offer. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. Registered in England & Wales: 00777008, Registered Office: Address: Whitchurch Road, Christleton, Chester, CH3 6AE
Read our Initial Disclosure Document HERE