Subaru Finance

CHEAM MOTORS ARE AN APPOINTED REPRESENTATIVE OF ITC COMPLIANCE LIMITED, WHO ARE AUTHORISED AND REGULATED BY THE FSA UNDER ITC FSA NUMBER: 313486

The products and services described in this site are available only to UK & Northern Ireland residents (excluding the Channel Islands and the Isle of Man). The information is not directed at anyone other than UK residents & Northern Ireland. The information contained in this site may not satisfy the laws of any other country. If you proceed to access the information included in this site, you acknowledge that you have read and agreed with the above statement.

SUBARU FINANCE - WELL PLACED TO BRING YOU THE SUBARU THAT’S BEST FOR YOU

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PERSONAL FINANCE

Thinking about choosing a Subaru already shows you have a sense of value. After all, continual pursuit of the highest values in motoring technology has long been the driving spirit of Subaru. The combination of horizontally opposed boxer engines harnessed to all-wheel drive has taken Subaru to the pinnacle of performance, reliability and handling stability. This is evident in the impressive list of achievements, including a World Speed Record for production estates and repeated wins in the World Rally Championship, most recently in 2003.
Committed to continuous improvement, Subaru makes sure this is reflected in all areas including safety, ergonomic comfort, driving pleasure - and value for money. You will find that selecting a Subaru that suits your needs is a relatively easy task. Now with Subaru Finance you have an equally easy way to acquire your car too. There is a choice of finance options which may be appropriate to your needs that could help your cash flow or release capital for other purposes. So we really are well placed to help you get the best out of a Subaru. You may have considered using your savings to help you buy your vehicle. But why dip into your hard-earned cash when you might need it for a rainy day?
With Subaru Finance and fixed regular payments you will always know exactly how much you need to budget. We will help you decide which package is right for you and can also offer you the option of a Payment Protection Insurance that’s best for you.
Indeed Subaru Finance is here to look after your long term motoring needs and offers you the quality and value that you expect from the vehicle manufacturer that proudly bears the six-star badge.

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HIRE PURCHASE
The ‘traditional’ method of financing a new car.
Hire Purchase calls for an initial deposit, which is a predetermined percentage of the total vehicle cost, followed by regular, fixed monthly payments over a number of years, until the balance is cleared.
Advantages
• The vehicle becomes your property at the agreement’s end after the final monthly payment and option to purchase fee is paid
• Payments are made monthly over a fixed period (usually 1-5 years)
• Payments are fixed throughout
There is a ‘pause payment’ option, which effectively extends the payment period by one month because no payment is made in month one, allowing the customer a little breathing space at the start of the agreement.

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PERSONAL CONTRACT PURCHASE
Few things today represent as attractive as a proposition as Horizon – the Personal Contract Purchase that gives you a fresh start to your motoring, on fresh terms.
With Horizon, you not only get to drive a new or used car every two or three years, you do so knowing exactly what the vehicle will be worth later on, effectively side-stepping the depreciation trap. Horizon provides the ultimate comfort of a Guaranteed Future Value (GFV). This takes into account the market value of your car at the end of the agreement and the agreed amount will be honoured regardless of any market changes.
Horizon can be tailored to your specific requirements. When the agreement term is complete you have 3 options:
1. Pay off the GFV and own your car outright
2. Return the car with nothing to pay*
3. Part exchange the vehicle and acquire a new one

*subject to the vehicle mileage being within the agreed limit and subject to the vehicle being returned in a condition reasonable for it’s age and mileage.

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PERSONAL CONTRACT HIRE
• Ideal for individuals looking for an alternative to a company car with a release from benefit-in-kind taxation
• A fixed rental over a set period (2, 3 or 4 years)
• Can also include servicing and maintenance costs (optional)
• At the end of the contract the individual returns the car and takes out a new vehicle

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BUSINESS FINANCE

Thinking about choosing Subaru for your fleet already shows you have a sense of value. After all, continual pursuit of the highest values in motoring technology has long been the driving spirit of Subaru. The combination of horizontally opposed boxer engines harnessed to all-wheel drive has taken Subaru to the pinnacle of performance, reliability and handling stability. This is evident in the impressive list of achievements, including a World Speed Record for production estates and repeated wins in the World Rally Championship, most recently in 2003.

Committed to continuous improvement, Subaru makes sure this is reflected in all areas including safety, ergonomic comfort, driving pleasure - and value for money. For most fleet operators, the use of capital for vehicles simply does not make good economic sense. It limits cash flow, you could lose out on tax advantages and it could leave the company short of money for expansion and improvement.

Choosing the right finance package is crucial. Different business requirements need different plans. For instance, the timing of your expenditure and your company’s tax status could be important factors in selecting the plan that’s to prove the most cost-efficient. This website is about Subaru Finance.

We really are well placed to help you get the best out of a Subaru fleet and you will see that there is a range of financial plans available. At Subaru Finance we are only too willing to help you decide which is best for your company now and in the long term. We can even include maintenance, servicing, road fund licence, emergency assistance and the disposal of the vehicle when the agreement ends.

Subaru is indeed here to look after your long term motoring needs and offers you the quality, value and choice that you expect from the vehicle manufacturer that proudly bears the six-star badge

The following funding options are specifically designed for business users, after an initial payment (referred to as advanced rental) with a fixed number of further rentals made over the duration of the agreement.

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FINANCE LEASE
The customer pays fixed rentals for the duration of the primary period, typically 3 or 4 years. Following the completion of this Primary Period the lessee can either enter into a further secondary period of hire for a small annual rental or alternatively sell the vehicle to an independent third party on behalf of Subaru Finance with a refund of up to 95% of the VAT exclusive sale proceeds. All rentals attract VAT at the prevailing rate. Leasing with a deferred balloon payment is also available.
Advantages
• Use without ownership of car
• Eliminates capital expense
• Improved cash flow with fixed monthly rentals
• VAT recoverable (depending upon usage)
• Rentals allowable against taxable profits (proportionally)

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HIRE PURCHASE
The ‘traditional’ method of financing a new car.
Hire Purchase calls for an initial deposit, which is a predetermined percentage of the total vehicle cost, followed by regular, fixed monthly payments over a number of years, until the balance is cleared.
Advantages
• The vehicle becomes your property at the agreement’s end after the final monthly payment and option to purchase fee is paid
• Payments are made monthly over a fixed period (usually 1-5 years)
• Payments are fixed throughout
There is a ‘pause payment’ option, which effectively extends the payment period by one month because no payment is made in month one, allowing the customer a little breathing space at the start of the agreement.

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HIRE PURCHASE WITH BALLOON
An attractive ‘spin’ on conventional Hire Purchase in so far as it calls for lower monthly payments. It does, however, require the customer to make a final ‘balloon’ payment at the agreement’s end, which then releases the car into the customer’s possession.
Advantages
• Payments are lower than with a ‘standard’ Hire Purchase arrangement
• The vehicle becomes the owner’s property at the agreement’s end after the balloon payment and option to purchase fee are paid
• Payments are made monthly over a fixed period (usually 1-5 years)
• Payments are fixed throughout

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Subaru Finance is a trading name of International Motors Finance Ltd. Finance is provided, subject to status by International Motors Finance Ltd, Charterhall House, Charterhall Drive, Chester, CH88 3AN. You must be at least 18 and UK resident to apply. A guarantor may be required.