If you're looking to buy a new Honda vehicle, Hendy Honda offers the following finance options:
Honda Aspirations Personal Contract Purchase at Hendy Honda is a flexible and affordable way to finance your Honda, giving you greater choice.
How does it work?
• Pick your favourite Honda model
• Honda Finance will set a Guaranteed Minimum Finance Value (GMFV) that your car will be worth at the end of the agreement. This will be based upon your chosen agreement term and approximate annual mileage
• Based on the difference between this GMFV figure and the car's total purchase price, your monthly payments and deposit are then calculated
• This method of guaranteeing your Honda's future value means that your monthly payments are reduced, which could mean that they could be more affordable than traditional Hire Purchase or Personal Loan.
Once you've finished paying your monthly payments, you can choose from the following three options:
• Pay the GMFV and keep your Honda
• Return your Honda at no extra charge
• Part-exchange your Honda for a new one.
If you'd like an affordable deposit and lower monthly payments, you want the flexibility to exchange, return or buy your car at the end of your agreement, or you'd like to avoid potential maintenance costs of an ageing car, PCP is for you!
If you're looking for a simple and affordable way to purchase your dream Honda, Honda Hire Purchase here at Hendy Honda could be for you.
How does it work?
If you'd like an affordable deposit, you prefer to pay off all the balance on the car and own it outright at the end of the agreement and you prefer to keep your car longer than three years then Hire Purchase could be the right finance option for you!
• Pick your favourite Honda model
• Decide on the deposit you want to pay
• Choose the length of payment term you want, which can be between 1 and 5 years
• 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
• At the end of the agreement, you own the car outright!
Hendy Group are a credit broker not a lender. We can introduce you to lenders and their products which may have different interest rates and charges. We are not an independent financial advisor and you are not obliged to take our advice. We do not charge you a fee for our services. We typically receive commission from the lender (either a fixed fee or a percentage of the amount you borrow) but this does not affect the amount you pay. Authorised and regulated by the Financial Conduct Authority. Reference Number 311625.
