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Once you've found the Honda that's right for you, selecting the right financing option is key. Honda Finance offers a range of flexible, customisable plans designed to fit a variety of budgets, and suited to your personal requirements.
Our Honda sales specialist team will work with you to understand your mileage, driving type, the length of time that you intend to retain the car, and the monthly payments that are affordable.
Our finance options are just as adaptable as our vehicles. Talk to your nearest Waylands Honda retailer about your monthly budget, and they’ll walk you through the advantages of solutions like Hire Purchase (HP) and Personal Contract Purchase (PCP).
Find your next Honda today and contact us to book a test drive, find out more and start your journey.
Personal Contract Purchase, offered by Honda Financial Services, is a flexible financing option that can provide lower monthly payments compared to some other finance plans.
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1. Firstly, choose the car you want.
2. Next, decide on the deposit amount you'd like to pay upfront.
Then estimate your annual mileage.
Finally, choose the duration of your agreement—anywhere from two to four years.
3. We’ll use this information to determine a Guaranteed Future Value (GFV) — our estimate of what your car will be worth at the end of your agreement.
This amount is deferred until the final stage of your finance plan.
Since the GFV is based on your projected annual mileage, it’s important to provide an accurate estimate.
Exceeding your agreed mileage could result in additional charges.
4. Your monthly payments are calculated based on the difference between the car’s price (after your deposit is deducted) and the Guaranteed Future Value (GFV), with interest applied.
This usually results in lower monthly payments compared to a Hire Purchase agreement.
At the end of your term, you’ll have three flexible options to choose from: Retain the car and pay the optional final payment, Return the car to us, subject to mileage and condition, or Renew and purchase a new Honda.
Hire Purchase is one of the easiest and most straightforward ways Honda Financial Services can help you finance your new Honda. With fixed interest rates and monthly payments throughout the term, you'll own the car outright once the final payment is made.
1. Choose the car you want.
2. Decide on the deposit amount you'd like to pay. Before your agreement begins, you can tailor the term to fit your preferred monthly budget - anywhere from one to five years.
3. The remaining cost of the car, along with interest, is repaid in equal monthly instalments. After all payments and the option to purchase fee have been made, the car is yours.
4. You can then return to your Waylands Honda retailer and trade in your car for a new Honda.