Finance For Your Suzuki

To help you identify the options available the following selections will help you identify the choices:

Funding Cars For Business OPTION 1 - Asset Purchase : The most straightforward method of funding your business cars is through asset purchase, what many people call HP or 'hire-purchase'. Your business gains ownership from Suzuki Financial Services by paying instalments which clear off the capital and charges over an agreed period. This offers you a new line of credit and an economical and convenient way to finance your cars. With asset purchase you have various options: Selection of periods You can choose to spread the repayments over as little as 12 months or as long as 60 months. The longer the term, the lower the monthly repayments. Deferred amount You can defer a part of the cost to a final repayment thereby reducing your monthly repayments throughout the term of the agreement. Fixed Rate By choosing a fixed rate of interest for the full period of the agreement, your business will benefit from fixed monthly repayments and simple budgeting. Variable Rate If you choose a variable rate of interest your business will benefit if rates in the economy as a whole go down. In these circumstances, you can choose either lower monthly payments or an adjustment at the end of the agreement. Tax benefit implications of asset purchase Vehicles appear on your balance sheet and you may claim annual capital allowances against taxable profit. Finance charges can be offset against profits before tax thereby lowering your tax bill. OPTION 2 - Finance Leasing : With finance leasing your business simply leases the vehicles from Suzuki Financial Services for whatever period you want, right up to 4 years. Your business pays a fixed monthly rental, and at the end of the agreement almost all of the sales proceeds are rebated to you. With finance leasing there are some additional options you can choose: Deferred amount You can defer a part of the cost to a final repayment thereby reducing your monthly repayments throughout the term of the agreement. Extended Hiring After the original period you may extend the lease for a modest annual rental. Minimal Initial Outlay You can choose how much to pay up front from as little as three monthly rentals. Tax benefits of finance leasing For cars costing under £12000, 100% of the rentals excluding VAT may be set off against annual profit for corporation/income tax. Above that figure, the higher the car's cash price, the lower the proportion of the rentals you may claim. If the vehicle is used purely for business then 100% of the VAT on the rentals is fully recoverable. If the vehicle is used at all for private purposes,then 50% of the VAT is recoverable. OPTION 3 - Contract Hire : With contract hire an inclusive fixed monthly rental covers the hiring of the car plus all normal servicing and maintanance including full AA cover. All you have to do is insure it and fill up with fuel. Contract hire reduces the financial worry of unexpected bills and all the hassle of the paperwork and other costs associated with running the car. At the end of the agreement we even take care of disposing of the vehicle. With contract hire you choose: Mileage The number of miles you think you will use the car for each year (excess mileage is permitted at a predetermined charge). Term The number of years right up to four years. Borrowing and tax benefits of contract hire Preserves other borrowing facilities. For cars costing under £12000, 100% of the rental amounts including VAT may be set off against annual profit for corporation/income tax. Above that figure, the higher the vehicle's cash price, the lower the proportion of the finance element of the rentals that you may claim. Whatever the car's price, the cost of the maintenance element in the rentals is fully tax deductible. If the vehicle is used 100% for business purposes then the VAT on the entire rentals is fully recoverable. If the vehicle is used at all for private purposes, then 100% of the VAT on the maintenance element may be recovered but only 50% of the VAT on the finance element.

Financing Your Own Car OPTION 1 - Hire Purchase : The most straightforward method of funding your car is through hire purchase. You gain ownership from Suzuki Financial Services by paying instalments which clear off the capital and charges over an agreed period. This offers you a new line of credit and an economical and convenient way to finance your cars. With asset purchase you can choose to spread the repayments over as little as 12 months or as long as 60 months. The longer the term, the lower the monthly repayments. OPTION 2 - Ultimate Plus : Lower monthly repayments and guaranteed future values. Ultimate Plus is a great way to buy your new Suzuki for a lot less per month than you may have thought possible. It's so simple you'll be amazed! Unlike conventional hire purchase where you pay the whole cost of the car and the finance charges over the repayment period, Ultimate Plus takes into acount what the car will be worth at the end of the agreement and fixes this as a guaranteed future value. You can then choose to defer payment of up to this amount to the end of the agreement before we calculate the normal monthly repayments thereby reducing the amount you have to pay on a monthly basis when compared with our conventional hire purchase. You can choose whether to defer the whole guaranteed future value to benefit from lower monthly repayments, or to defer less than that amount and to pay a little more each month to ensure you have greater equity in the car when you come to replace it. In some instances this can save you 40% or more on your normal monthly repayments! All you have to do is give us an estimate of your expected annual mileage and how long you think you'll want the car for, whether two or three years. When it comes towards the end of the agreement, you then have four choices: Choice 1 You can part-exchange the vehicle for a new Suzuki. The difference between the part-exchange value and the deferred amount, less £40 option to purchase fee, is yours to put down as a deposit. Choice 2 You can decide to keep the car by paying the deferred amount as your final repayment plus £40 option to purchase fee. On payment, ownership of the vehicle passes to you. Choice 3 You can decide to sell the car yourself; the difference between the sale price and the deferred amount is yours to keep after paying a £40 option to purchase fee. Choice 4 You can deliver the car back to your dealer with a £75 plus VAT selling agency fee and we will sell the car for you and pay you the difference between the deferred amount and the guaranteed future value. Ultimate Plus is available on all new and used Suzuki cars up to 36 months old. The minimum deposit is only 10% of the total cash price, although of course you can pay a larger deposit if you wish. You can choose to have an agreement for either two or three years, which ever you prefer. All you need to give us is an estimate of your maximum annual mileage, which can be as little as 6,000 or as much as 18,000 miles. Ultimate Plus also comes with an optional protection facility which can cover your repayments in the event that you are unable to work due to sickness, accident or even involuntary redundancy. For further details please contact us.

The reassurance of Payment Protection

Suzuki has developed a range of payment protection plans to protect both private and business customers in the event of the unexpected.

Gold Plan Our Gold Plan offers comprehensive protection and is taken out by the majority of customers who opt for payment protection. the Gold Plan offers cover against life, accident and sickness and unemployment (if you are employed) and critical illness (if you are self-employed). The Gold Plan also includes GAP cover which settles any difference between the paid out insurance value by the vehicle insurers and the finance settlement figure in the event of the vehicle being stolen or written off.
Please note: Gold cover is not available to business users.

Silver Plan Our Silver Plan has been designed for those customers who want the benefit of life cover and accident and sickness cover but do not want the additional cover against the risks of unemployment or critical illness. The cover is available to both private and business customers.

Bronze Plan Our Bronze Plan offers cover against life and critcal illness cover and is available to both private and business customers who do not want accident and sickness cover or insurance against the risks of unemployment.

If you would like to receive details and/or a quote for finance deals on a Suzuki from M.R. King & Sons, please fill in the form below and click "Submit". Alternatively, print the form out and fax or mail it to us to the address at the top of the page.

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Suzuki Finance Quotation

	Title *
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	This Number is ...	Home Work
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	Vehicle	New Car Used Car
	Vehicle of Interest
	Monthly Funds Available
	OR
	Total Finance Required
	Period of Finance	-------- 12 months 24 months 36 months 48 months 60 months
	Amount of deposit Available
	Type of Finance	-------- Ultimate Plus Hire Purchase Personal -------- Contract Hire Finance Leasing Asset Purchase Business
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Part Exchange?

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	Transmission	------- Manual Automatic
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Further Information