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Finance options

When you finance your Honda through Honda Finance, you’ll not only benefit from a financial solution that’s built around you, but also the added protection that comes with funding a vehicle directly with the people who made it.

Select the product that’s suitable for you:

  • Honda Aspirations
  • Honda Hire Purchase
  • Honda Contract Hire
  1. Firstly, the best bit: you choose the Honda you like.
  2. Then, based on your annual mileage, we calculate a Guaranteed Future Value. This Guaranteed Future Value is the minimum that your Honda will be worth at the end of the agreement.
  3. You then decide on a deposit and repayment term to give you the monthly payment to suit your budget.

When it comes to the end of the agreement you have three options based on the Guaranteed Future Value. You can Part Exchange your car, return your car or you you can keep it. Part ExchangeYou can trade the car in, or sell it yourself. Imagine you have kept the car in excellent condition and had it regularly serviced. The car could be worth more than the Guaranteed Future Value. If it is, you have profit to keep which can form part, or all, of your deposit for your next Honda, once the Guaranteed Future Value has been paid.

Return your car

The market could change through no fault of yours and the price could fall below the Guaranteed Future Value. In that case, as long as the car is in good condition and has not exceeded the agreed mileage, you can return the car to us and have nothing more to pay.

Keep your car

Should you still be in love with your car, you can keep it. All you have to do is pay the Guaranteed Future Value and that’s all we would charge, even if the car is worth more.

The benefits Honda Aspirations gives you are as follows:
  • With Honda Aspirations, the monthly payments are calculated on the difference between the OTR price and the Guaranteed Future Value (plus interest and charges).

    “Which means that you have a shorter finance agreement and lower monthly payments than a traditional finance agreement”

  • The market can change but as Honda guarantees your car’s minimum future value at the start of the agreement, you know what your car will be worth at the end of the contract

    “Which means that the value of your car is protected.”

  • Because you could be driving a new Honda every two or three years you can avoid those maintenance costs that normally start in the fourth and fifth year of a car’s life

    “Which means that Honda Aspirations reduces your future repairs and maintenance costs which can occur in the later years of a car’s life.”

So, in summary, with all these benefits Honda Aspirations really is the most effective way to purchase your new or used Honda.

Honda Hire Purchase is the traditional way to purchase your new or used Honda. You can decide on a deposit, repayment term and a monthly payment to suit your budget and then once you reach the end of your agreement, you then own your Honda.

Your payments are fixed, so you’ll always know how much your Honda will cost each month and spreading the cost of your purchase over time makes it easier to budget.

Personal Contract Hire is a type of rental agreement from Honda The individually tailored contract gives you a car for an agreed period and mileage. At the end of that period you simply give the car back. All you have to do is insure the car and add petrol; the rest is taken care of. It really is that simple.

  • Fixed regular rentals together with our optional maintenance package make it easier to budget.
  • Your don’t have to worry about reselling the car at the end of the agreement.
  • By avoiding an excessive initial outlay, more funds stay in your bank account.

 

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Rowes Honda. Est. 1932. Approved Honda dealer - branches throughout Devon and Cornwall - Nationwide delivery.

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