Finance Products

HONDA FINANCE

Benefits of Dealer Finance Enquire About Finance

HONDA ASPIRATIONS (PCP) - 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.

HONDA GAP INSURANCE

We believe you shouldn’t lose out in the unfortunate event that your Honda is written-off or stolen. Guaranteed Asset Protection (GAP) Insurance gives you peace of mind.

How it works

In the event your car is either stolen or written-off in an accident, Honda GAP Insurance will cover you for the difference between your insurance pay-out and the price you paid for your car. As a result, you’re able to replace your Honda with one of an equivalent value or pay off the outstanding balance of your finance agreement – whichever is the greater amount.

*Terms and Conditions Apply.

HIRE PURCHASE (HP)

Simplicity and Affordability - pay a deposit, then regular monthly payments.

With Hire Purchase it’s as simple as it comes.

  • With a fixed amount to pay each month you know exactly how much your Honda costs at any time until it’s paid off.
  • At the end of the term, provided you have paid each monthly payment, you own the car outright.

HOW DOES IT WORK?

Start by choosing the Honda you want.

Then decide on the amount of deposit you want to pay and the length of payment term you want.

The difference between the car’s total purchase price and the deposit is then divided by the number of months to calculate the low monthly fixed payments.

PERSONAL CONTRACT HIRE (PCH)

Simplicity and Convenience - fixed monthly costs without the burden of ownership.

Personal Contract Hire is a type of rental agreement for people that prefer to hire vehicles rather than own them outright. It provides an attractive option with many benefits.

  • Low initial outlay and fixed rental amounts for easy budgeting
  • No concerns over the residual value or disposal of your car at the end of contract*
  • Flexibility to change your contract term and mileage should your circumstances change
  • Optional maintenance package to cover servicing costs

HOW DOES IT WORK?

Start by choosing the Honda you want.

Then, by estimating your annual milage and deciding on the length of payment term that suits you, we can calculate the fixed monthly rental.

After paying a deposit you drive the car away and at the end of that period you simply give the car back*. No residual value concerns or disposal worries. It really is that simple.

PCH TERMS AVAILABLE

Rentals are available across the Honda car range on a variable term, variable mileage per annum, maintained and non-maintained basis.

TERMS
  • Minimum 24 months – Maximum 60 months
  • Minimum mileage 5,000 per annum.
  • Maximum contract mileage 150,000 – Diesel Vehicles
  • Maximum contract mileage 120,000 – Petrol Vehicles
  • Optional maintenance package to cover service costs
  • Road Fund Licence included for the duration of the agreement
  • Excess mileage and other charges may apply dependent on
  • the mileage and condition of the vehicle at the end of the contract

MAINTENANCE

In addition to Personal Contract Hire offering you a tailored monthly rental, a flexible choice of maintenance packages are also available.

BENEFITS

Depending on the maintenance package you select, the benefits are as follows:

  • Routine Servicing
  • Maintenance
  • Tyre Replacement
  • Relief vehicle replacement in the event of an accident, breakdown, vandalism & servicing.

Finance Enquiry