SUZUKI FINANCE
YOUR PASSION, OUR PROMISE.
We're here to help you purchase the Suzuki you desire at a monthly repayment you can afford.
We have years of experience and expertise in providing finance to bikers. We understand that as riders, we all have different needs and we pride ourselves on providing flexible, straight forward finance options that fit them.
Read on to discover our available options and how they can work for you.
PCP EXPLAINED
PCP, or Personal Contract Purchase, is a finance plan that allows you to spread the cost of your vehicle with lower monthly repayments than a Hire Purchase (HP) product as a large proportion of the amount you repay is deferred into an optional final repayment. You will pay more interest on a PCP agreement than a HP agreement for the same loan amount, as your balance reduces more slowly due to the optional final repayment.
PCP STEP 1:
Agree an initial deposit and term with the dealer and then decide how many miles you’ll travel each year.
PCP STEP 2:
The dealer will then work out the monthly repayment amount and optional final repayment amount, which is based on the anticipated value of the motorcycle at the end of the agreement.
PCP STEP 3:
At the end of your agreement, you can part exchange the motorcycle, return the motorcycle (return conditions apply) or pay the optional final repayment and own the motorcycle.
PCP STEP 4:
Black Horse buys the motorcycle on your behalf and owns the motorcycle for the duration of the finance agreement.
PCP STEP 5:
At the end of your agreement, you have three options:
Part Exchange: Subject to paying off your existing agreement in full, you can part exchange the motorcycle at the end of the term or any time during the agreement. New credit agreements are subject to status.
Return: You have the option to return the motorcycle to us at the end of your agreement.
Own: You can chose to own the motorcycle outright by paying the optional final repayment. A purchase fee of £10 is included.
GET YOUR PCP QUOTE
Use our online PCP finance calculator to see what your payments could look like…
HP EXPLAINED
HP, or Hire Purchase, is a finance plan that allows you to spread the cost of the vehicle by making monthly payments over an agreed term. You make higher monthly payments than with a Personal Contract Purchase (PCP) as there is no optional final payment. . But when you come to the end of the agreement, and you’ve made all the repayments including any interest, you’ll own the vehicle.
HP STEP 1:
You’ll agree an initial deposit, your agreement term and your monthly repayments with the dealer.
HP STEP 2:
Your deposit is taken from the price of the motorcycle.
HP STEP 3:
You’ll then pay the remaining balance plus interest in equal monthly repayments over the agreed term.
HP STEP 4:
Black Horse buys the motorcycle on your behalf and owns the motorcycle for the duration of the finance agreement.
HP STEP 5:
After you’ve made all the repayments including any interest, you will become the owner of the motorcycle.
GET YOUR HP QUOTE
Use our online HP finance calculator to see what your payments could look like…
