Choosing the right vehicle and finding the right financial package has been made easier with Suzuki Automotive Finance. As you would expect, we have a flexible range of financial products, tailored to make your life easier. Whether you're a private purchaser or you're choosing one of our models for business, we have a wide range of flexible finance and lease products. After all, the right car needs the right financial package to complement your lifestyle.
The Suzuki Consumer Loan is designed to allow you to keep it simple and choose your repayment period and make regular monthly instalments, with a fixed interestrate. You can repay the Suzuki Consumer Loan in full by equal payments over your chosen loan period OR you can defer part of the cost of your Suzuki to the end of the Suzuki Consumer Loan with a larger final payment – this enables you to lower your regular monthly instalments.
You can also make additional payments throughout the lifetime of the loan that will lower the amount of interest you pay and shorten the term of the loan. In addition, you can choose to fully repay your Suzuki Consumer Loan early and own the vehicle sooner.
If you choose to have a larger final payment, then when it falls due you have three options:
Allows the advantages of leasing for private customers, and is suitable when you use the vehicle for personal use. You can tailor your monthly payments by selecting the term (up to 5 years) and residual value, with payments in advance or arrears. This product has fixed monthly rental repayments and puts you in control of your financial budget.
For business customers Suzuki Automotive Finance has developed a range of finance and lease products to lower the cost of funding by potentially providing tax efficiencies, and are responsive and adaptable.
This product is a Commercial Hire Purchase which offers business users advantages that assist with cash-flow. The business user can tailor Suzuki Commercial Plan by selecting the contract term (up to 5 years), include a deposit, and nominate a larger final instalment to lower the regular monthly instalments to suit your budget. If the vehicle is used for income generating purposes, the interest charges and depreciation on the vehicle may be tax deductible.
This is a Suzuki Chattel Mortgage, which potentially offers business customers tax efficiency advantages that assist with cash-flow. If you are a customer that is registered for GST you may be entitled to input tax credits (ITC) with respect to your acquisition of the vehicle. The vehicle is owned by you and you can tailor your payments by selecting the term (up to 5 years) and incorporating a larger final payment. Other flexible arrangements to match your cash flow can be arranged, such as seasonal payments and/or any GST refund being paid into the loan to reduce your regular monthly repayments and interest charges. Interest rates are fixed for the life of the loan. If the vehicle is used for income generating purposes, the interest charges and depreciation on the vehicle may be tax deductible.
This finance lease product allows the business customer to utilise a vehicle without tying up capital. The lease can be tailored with rentals in advance or arrears, flexible terms up to 5 years and a residual value that is set to reflect the vehicle's usage and ATO guidelines. GST is included in each rental and the residual value. If your business is registered for GST, you may be able to claim an ITC for this GST. Where the vehicle is used solely for business purposes, a tax deduction for the full rental may be available.
This product enables employees to salary-package their vehicles. The employee selects their Suzuki and, in conjunction with their employer, signs a novated lease agreement for an agreed term (up to 5 years) with monthly rentals and a final residual payment which is based on the minimum according to ATO guidelines. The monthly lease rentals, net of GST, may be taken from the employee's pay reducing taxable income. The employer pays the full monthly rental including GST to Suzuki Automotive Finance and may be able to claim the GST as an ITC.