A Suzuki Mobility Finance installment sale, allows you to buy your vehicle by paying installments over an agreed period. Once you’ve paid the full amount, ownership automatically passes to you. Periods may range from 12 to 60 months or longer dependent on your requirements. You may structure an installment sale with a balloon payment which has the net effect of reducing the monthly repayment. Interest is calculated at either fixed or prime-linked rates.
The goods must be fully insured during the agreement.
The benefits of choosing this agreement are:
• You own the goods when you’ve paid the full amount.
• If the asset is used for business purposes, you can claim depreciation and the yearly interest paid against tax.
• Initial deposits are not required depending upon current legislation and your credit profile.
• You’ll enjoy the benefit of any resale value.
The application process:
This describes the application process and the information that will be necessary to complete the application.
When completing the application form you will need to provide the following information:
• Personal information, including a valid ID or Passport number
• Spouses details (where applicable)
• Employment and previous employment details
• A summary of your monthly income and expenses
• Contact information for a relative
• Home ownership details (where applicable)
• Banking details
• Other credit provider details
• Insurance details (where applicable)
• Details of the vehicle you wish to purchase
Take control of annual budget. Take a break from your monthly payments and enjoy the freedom to use the money where and when you need it most.
Take-A-Break offers you the following:
• Select a month of the year and miss a payment for that month – every year.
• This payment plan is available to all customers.
• Enables you to budget more easily
• Helps you to handle planned additional expenses
• Assist customers to maintain a better track record