Suzuki PCP
Suzuki began their life as a manufacturer of looms for weaving silk in Japan, even though success followed over the next three decades, the founder Michio Suzuki realised that the company had to diversify to keep moving forward, this he did in the form of a prototype small car, only to have this project put on hold due to the outbreak of World War Two. After the war with a need for cheap and affordable transport Suzuki turned to the production of motorcycles, returning to car production in 1955 with the Suzuki Suzulight. Since then Suzuki has not only produced its own cars, but has also built other manufacturers cars including General Motors, Mazda, Nissan and Subaru.
Finance your new Suzuki using a PCP (Personal Contract Purchase). Payment is made on a monthly basis directly from your bank account for an agreed period of time – normally between two and four years. Your initial deposit can be anything from 0 to 40%, and your regular payments will be much lower than hire purchase. You can also pay extra to include all your servicing costs and a one off payment can be made for Gap insurance. At the end of the agreed period you either hand your Suzuki back, or, if you decide to keep it, you can pay the “balloon payment”, this is the Guaranteed future value (GFV) that is specified when you make the original agreement.
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