Used Car Finance

If it's an Approved Used Honda that you've got your eye on, Hendy Honda offers the following finance options:

Hire Purchase (HP)

Some of the many benefits of choosing Hire Purchase as your finance option include:

• Flexible deposit options, 0% deposit may be available subject to status (includes part-exchange)

• Set fixed payments to suit your budget

• Interest rate fixed and competitive

• You can pay over a chosen period of 1 to 5 years

• Available on cars up to 10 years old at start of agreement

• No mileage restrictions

• Protection under Consumer Credit Act

• It's quick and easy to arrange

• Ideal if you wish to own the vehicle at the end of the agreement

• There are no early settlement fees

• You can borrow any amount between £1,000 and £250,000.

Please note, the car will be used as security for the loan, just as a house is for a mortgage.

Personal Contract Purchase (PCP)

If you're looking to select Personal Contract Purchase (PCP) as your finance option, the benefits are:

• Flexible deposit options, 0% deposit may be available subject to status (includes part-exchange)

• Lower payments mean you may be able to afford a newer car

• Set payments to suit your budget

• Fixed payments

• Interest rate fixed and competitive

• Pay over chosen period 2 to 4 years (where applicable)

• Available on cars up to 5 years old at the start of the agreement (must not exceed 85,000 miles at the contract end)

• No early settlement fees

• You can borrow £1,000 to £250,000.

There are three options at the end of agreement:

• Pay off the deferred amount in full and keep the car (please note, you do not own the car until you make this final payment)

• Hand the car back to the motor finance company

• Trade the car in against another used car at Hendy Honda.

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.

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