MORE ON FINANCING
CONSUMER INSTALMENT AGREEMENT (traditional loan)
This is the most popular way to finance the purchase of a new Suzuki and is ideal for people who want to own their vehicle or motorcycle and are looking for affordable monthly loan repayments.
With flexibility on the loan term (up to 60 months) and the deposit, repayments can be tailored to your requirements. The loan can also be structured with a balloon payment at the end of the term to provide even greater flexibility.
What you need to know
- Terms are one to five years.
- The vehicle is the security for the loan.
- Interest is calculated and charged monthly. Repayments can be monthly or structured to suit your circumstances (such as seasonal income).
- The vehicle must be fully insured.
- You must be 18 or older.
- You must have a restricted or full driver's licence.
Benefits
- Full ownership of the vehicle or motorcycle from the date of purchase.
- A flexible deposit. Your trade-in may also be used as the deposit or part of the deposit.
- Competitive interest rates and tailored repayments throughout the term of the loan.
- Simple and fast online application process with your Suzuki-Authorised Dealer.
- Other lines of credit are left unaffected as this is a standalone arrangement that uses the vehicle as security.
Business Purchasers
- GST may be able to be claimed immediately from when you sign the contract for the purchase of the vehicle (subject to your GST return basis).
- Interest charges and depreciation may be able to be claimed as a business expense for tax purposes
.
* We recommend that you get advice from your accountant or tax advisor.
Suzuki Finance loans are provided by MARAC Finance Limited and are subject to MARAC’s normal lending and
credit criteria. Fees and charges may apply. Go to MARAC’s website to view the full fee schedule.