Finance Representative Example Personal Contract Purchase (PCP)
OTR Price of £8,299.00, borrowing £6,888.00 with a £1,411.00 deposit at a representative APR of 7.9%.
GT Motorcycles (2012) Ltd 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.
GT Motorcycles (2012) Ltd are authorised and regulated by the Financial Conduct Authority for consumer credit (our FRN is 671095 register.fca.org.uk). As an FCA-regulated credit broker we can introduce you to a selected group of lenders (a list is available on request) who may be able to help you finance your purchase. This group of lenders provides us with a range of products which may be suitable for your purchase (subject to status) we will explain the key features of those products to you. We do not charge fees for our Consumer Credit services. We may receive a payment(s) or other benefits from finance providers should you decide to enter into an agreement with them, typically either a fixed fee or a fixed percentage of the amount you borrow. The payment we receive may vary between finance providers and product types. The payment received does not impact the finance rate offered. If you ask us what the amount of commission is, we will tell you in good time before the Finance agreement is executed
All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over, Guarantees may be required.