Finance Representative Example Personal Contract Purchase (PCP)
OTR Price of £7,199.00, borrowing £5,975.00 with a £1,224.00 deposit at a representative APR of 7.9%.
JOHN'S OF ROMFORD 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.
This is an indicative quotation and subject to verification at your dealer. Figures displayed may be subject to change.
Johns of Romford LTD is authorised and regulated by the Financial Conduct Authority for consumer credit (our FRN is 1772152). As an FCS-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 and benefits of those products to you. We do not charge fees for our consumer credit services. We will 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 providers and product types. The payment received does not impact the finance rate offered. If you ask us, we will tell you the amount of commission we will earn (in good time before the agreement is made). Finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over,