GUIDE TO BUYING A HONDA ON FINANCE
Drive away in your new or used vehicle with a finance arrangement that is right for you. You might not even need a deposit, and our interest rates are fixed for the duration of the agreement so you can budget more easily.
We make financing your Honda easy.
Honda Financial Services is part of the Honda Motor Company. Our sole purpose is to provide simple, flexible and convenient finance to Honda customers for their Honda products.
With affordable monthly car finance payments, there's every chance you could be choosing a higher grade model than you imagined.
When it comes to buying your car we want you to have a choice of your favourite model AND how to pay for it.
PERSONAL CONTRACT PURCHASE (PCP)
Personal Contract Purchase is for you, if:
You'd like an affordable deposit and lower monthly payments.
You want flexibilty to exchange, return, or buy your car at the end of your agreement. You'd like to avoid potential maintenance costs of an ageing car.
How it works
1. You decide on the model and how much deposit you want to pay.
2. You tell us your annual mileage, and we calculate your car's Guaranteed Minimum Future Value (GMFV).
3. We deduct this GMFV from the price of the car, and your monthly payments are calculated on the balance that’s left (after the deposit is paid and interest has been calculated).
Once you've paid all your monthly payments, you have three choices:
1. Pay the GMFV and keep your Honda.
2. Return your Honda at no extra charge.
3. Part exchange your Honda for a new one.