Suzuki has announced new personal finance and loyalty offers to support the launch of the all-new Swift range, which went on sale in the UK this week.
A PCP finance offer is available for selected Swift models, including a 2.9% representative annual percentage rate (APR) and a £500 deposit contribution. Depending on the model chosen, customers may avoid having to contribute any cash up-front at all. However, the more cash you are able to put in to start with, the lower your monthly payments will be.
The PCP offer applies to SZ-T and SZ5 front-wheel-drive models only. Entry-level SZ3 models and top-spec SZ5 all-wheel-drive models are not included in this offer, so equivalent finance quotations on those models may be significantly more expensive.
Suzuki is also offering a £500 loyalty offer for existing Suzuki owners. If you currently have a Suzuki car in the household, you are eligible for £500 worth of Suzuki accessories for your new Swift.
The offer only applies to the models above, which must be sold and delivered by 30 June 2017.
The Car Expert says… always check the fine print
The 2.9% APR advertised is a representative rate, and may be slightly different depending on how much you borrow and over how long. The actual rate of interest is 2.8%, plus fees and charges.
The advertised payments on Suzuki’s website are based on an 8,000 miles per year mileage allowance. You can set this higher or lower depending on your circumstances, but it will affect your monthly payments and guaranteed minimum future value (GMFV). The excess mileage fees are set at 7p/mile for the first 5,000 miles and 14p/mile over that, so don’t be tempted to set your mileage too low.
The finance deal only applies to new cars, which does not include dealer demonstrators or pre-registered cars. The finance offer is provided through Suzuki dealers by Suzuki Financial Services, which is a trading name for Lloyds Banking Group (the company actually providing the finance). If a dealer offers you a finance deal that does not match these details, it is not part of this offer.