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Suzuki Boston

Boston
PE22 7BD

Call us 01205 362230

New & Used Car Finance

Thinking about financing your next vehicle but don't know which product would suit you best? We offer a number of different financing options here at Drayton Motors Suzuki. Please see below for the different types of financing that could suit you.

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Personal Contract Purchase (PCP)

Personal Contract Purchase is a Suzuki Finance that can help you buy your dream car with lower monthly repayments than a Hire Purchase product. This is because a large proportion of the amount you repay is deferred into an optional final repayment.

The main difference with Personal Contract Purchase, is the option to choose what you do at the end of the agreement. You can part exchange the vehicle, return the vehicle (return conditions apply), or pay the optional final repayment and own the vehicle.

Still unsure whether this is the right finance deal for you?

  • Flexible deposit options
  • Fixed interest rate over your chosen period (2-4 years)
  • Fixed monthly repayments to suit your budget
  • Set your annual mileage up to 24,000 miles.
  • Borrow any amount from £3,000 for new vehicles and from £2,000 on used.

Personal Contract Hire (PCH)

Personal Contract Hire is a fixed cost rental agreement.

You first choose your new Suzuki car, pay an initial rental in advance, followed by fixed monthly rentals to suit your budget. You can even choose an optional maintenance package as part of your agreement which can help take away the hassle of keeping your vehicle in good condition.

It’s different from Personal Contract Purchase (PCP) because there is no option to purchase the car at the end of the agreement and the vehicle must be returned.

How it works

Personal Contract Hire works by choosing from an initial rental payment in advance of 1-12 months, you then set the contract term between 2-5 years. You then decide your annual mileage limit – the minimum is 5,000 and the maximum varies by vehicle. If your circumstances change during your agreement you may be able to amend your contracted mileage. You can also then decide whether to add an optional maintenance package at an additional cost.

At the end of the contract you must return the car and you’ll have nothing more to pay if the vehicle condition is in line with BVRLA guidelines and hasn’t exceeded the maximum agreed annual mileage.

If the vehicle doesn’t meet the mileage and condition terms, then excess charges will apply.

Benefits include:

  • Hassle free motoring - road tax is included and no disposal worries
  • Flexible initial rentals – choose between 1-12 months advanced payment which will help you set monthly rentals to suit your budget.
  • The higher initial rental in advance you pay the lower the remaining monthly rentals will be
  • Fixed monthly payments to suit your budget
  • You can terminate the contract early by paying 50% of the remaining rental cost and any other charges incurred
  • Optional vehicle maintenance packages to make sure your car stays in good condition

Hire Purchase (HP)

Hire Purchase is a car finance agreement that allows you to spread the cost of buying a car over a period of time, and own the vehicle at the end of the agreement. Ultimately, this means getting a car is more affordable as you can spread the cost of your car over a longer period of time.

With our hire purchase arrangements, you’ll pay a fixed monthly cost for your Suzuki. You'll have flexibility in the amount you pay each month, depending on how much you decide to pay up front, the length of the agreement and the type of Suzuki you choose. It's also worth bearing in mind that credit is subject to status.

Benefits include:

  • Flexible deposit options
  • Fixed interest rate and monthly repayments (including any interest) over your chosen period (1-5 years)
  • Fixed monthly repayments to suit your budget
  • You won’t be restrained to a certain mileage
  • Choose any new or used car as long as the car is less than 14 years old at the end of the agreement
RJTK Companies Information Legal & Financial Disclaimers

Wilson & Co (Motor Sales) Ltd t/a Drayton Motors: Wilson and Co (Motor Sales) Ltd. Hewitts Avenue, Hewitts Circus, Grimsby, North East Lincolnshire, DN36 4SE. Company No. 03503183. Wilson & Co (Motor Sales) Ltd. are authorised and regulated by the Financial Conduct Authority (FRN 308650) for consumer credit and insurance distribution activities.

Wilson & Co (Kia) Ltd t/a Drayton Motors: Wilson & Co (Kia) Ltd, Hewitts Avenue, Hewitts Circus, Grimsby, N.E. Lincolnshire, DN36 4SE Company No. 08332322. Wilson & Co (Kia) Ltd. are authorised and regulated by the Financial Conduct Authority (FRN 600180) for consumer credit and insurance distribution activities.

S Cropley & Co Ltd. t/a Drayton Motors: S. Cropley & Co Ltd., Hewitts Avenue, Hewitts Circus, Grimsby, N.E. Lincolnshire Company No. 01615977. S Cropley & Co Ltd, t/a Drayton Motors Suzuki is an Appointed Representative of Wilson & Co (Kia) Ltd. which is authorised and regulated by the Financial Conduct Authority (FRN 600180). Wilson & Co ( Kia) Ltd’s permissions as a Principal Firm allow S Cropley & Co Ltd to act as a credit broker, not a lender, for the introduction to a limited number of finance providers and to act as an agent on behalf of the insurer for insurance distribution activities only.

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