Suzuki Finance

Finance & Insurance (F&I)

Suzuki Bramley has been registered and declared fit and proper to provide you with an intermediary service and our Financial Service Provider number is 24337. We are also meet the requirements of the National Credit Regulator, and are accredited to operate and advise within the confines of the NCA.

Our F&I team are trained and qualified to use their professional knowledge and ability to provide the appropriate intermediary service to you. Suzuki Bramley F&I will be able to present you with a number of different options to assist you with financing your vehicle.

Instalment Sale
Instalment sale allows you to buy your vehicle by paying instalments over an agreed period.
Once you’ve paid the full amount, ownership automatically passes to you.
Periods may range from 12 to 72 months dependant on your requirements.
You may structure an instalment 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 benefits of choosing the instalment sale:
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.
The goods must be fully insured during the agreement.

Lease Agreement
This agreement gives you the right to use the vehicle for an agreed period, at the end of the term; you can return the goods, acquire ownership or extend the lease. Balloon payments can also be included to make the vehicle more affordable. Interest is calculated at either fixed or prime-linked rates. The goods must be fully insured during the agreement.

The benefits of choosing a Lease agreement
The benefits of leasing accrue mainly if you are using the goods for business, or for the generation of income.
Lease re-payments can be claimed as expense against tax.
You don’t need to own the asset to use it.
You avoid tying up working capital as a business owner.
Stepped payments, inflated rentals and other structures can be tailored to suit your needs.
Deposits are not required depending upon current legislation and your credit profile.

Prime Interest Rate
The prime interest rate is determined by the various banks that base their prime rate in relation to Repo Rate as stipulated by the Reserve Bank from time to time.

Fixed Rates
Fixed interest rate is determined in relation to the prime interest rate at the start of an agreement. Payments will remain the same for the whole contract and will not be affected by changes in the prime interest rate.

Linked / Variable rates
The interest rate is linked by a margin of above, below or equal to the prime interest rate. Payments will increase and decrease depending on movement in the prime interest rate.

Balloon Payment (Residual Value)
This is the portion of the outstanding loan (Principal Debt) that is suspended and will only be paid at the end of the contract. This has the effect of reducing the monthly payments allowing a newer or higher specification car to be more affordable. The balloon payment can be paid in cash or from sale/ trade in or it can be refinanced.

Insurance options
Suzuki Bramley will help you arrange insurance cover with an insurer of your choice if you do not already have cover. Your car is one of your most expensive assets, so we at Suzuki Bramley offer a range of insurance, warranty and personal insurance options to give you peace of mind. You should carefully consider the benefits of some of the following insurance and warranty options that are offered by Suzuki Bramley: