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Choose your desired vehicle, along with a deposit, the length of the agreement and a maximum mileage. At the end of the period you have the option to buy the car outright for an agreed amount, known as the GMFV (Guaranteed Minimum Future Value), or return the vehicle back to the lender (within agreed fair wear and tear limits) with absolutely no further obligation.
At the end of the agreement you may choose from the three following options:
Option 1 - Renew your vehicle and drive away in a brand new Suzuki. Use any excess value over the GMFV as deposit on your new vehicle.
Option 2 - Return the car. Providing the vehicle does not exceed agreed fair wear and tear limits and has not exceeded the agreed mileage, you having nothing more to pay.
Option 3 - Retain your vehicle. Pay the GMFV and you own the vehicle.
This is the traditional package which involves taking the total cost of your chosen vehicle, deducting a deposit amount, and then choosing the length of the agreement. Interest is added, and monthly instalments are calculated. Assuming all payments are met, at the end of the agreement, the vehicle is yours.
Benefits of HP
PCH from Nortonway is a contract hire agreement suitable for renting selected Suzuki vehicles supplied by us. The vehicle will not belong to you at any point in the agreement and so you cannot sell the vehicle. The agreement is mileage-based and it is important that your agreement reflects your predicted annual mileage.
With PCH from Nortonway, you will pay an agreed number of advance rentals plus VAT followed by remaining rentals plus VAT for the contract term. The vehicle must then be returned to the finance house.
Why choose Personal Contract Hire from Nortonway?
PLEASE CONTACT US FOR A QUOTATION OR ANY FURTHER INFORMATION
For further details please contact Benn Holland on 0844 249 3107 or Email Benn.
Protect your car insurance premium for those small accidents that you don't want to make a full claim on. Alloy wheels, Keys and miss-fuelling all covered in our Mishap Protection.
In the event of total loss of your vehicle, your insurance cover will only pay the current market value. GAP covers the difference between the price you pay for your vehicle and the insurance settlement.
In case anything happens to your Suzuki you can rest assured that help will always be on hand.
Suzuki Insurance gives you great value annual cover for your new pride and joy.