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%.
Damerells Motor Cycles 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.
Damerells Motor cycles Limited is authorised and regulated by the Financial Conduct Authority (FRN: 663732). We act as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk. You can also see our used motorcycles for sale on Used Bikes UK.