Honda Financial Services is part of the Honda Motor Company. Our sole purpose is to provide simple, flexible and convenient finance to Honda customers for their Honda products.
With monthly car finance payments available, there's every chance you could be choosing a higher grade model than you imagined. When it comes to buying your car, we want you to have a choice of your favourite model AND how to pay for it.
Watch the video and read more about our options below.
With the Personal Contract Purchase at Wimbledon Park Honda, you get the chance to choose your vehicle, along with the deposit, the length of the agreement and the maximum mileage. Once the agreed period is over, you then have the option to purchase the vehicle outright for a pre-agreed amount, which is known as the Guaranteed Minimum Future Value (GMFV). If, however, you do not wish to purchase the car, you can always return it to the lender (within agreed fair wear and tear limits) with absolutely no further obligation.
Once the agreement has come to its end you can then choose from the three following options:
At the end of the agreement you may choose from the three following options:
Option 1 - Renew your vehicle and drive away in a brand new Honda. Use any excess value over the GMFV as deposit on your new vehicle.
Option 2 - Return the car. Providing the vehicle does not exceed agreed fair wear and tear limits and has not exceeded the agreed mileage, you having nothing more to pay.
Option 3 - Retain your vehicle. Pay the GMFV and you own the vehicle.
Here at Wimbledon Park Honda we offer this traditional package, which involves taking the total cost of your chosen vehicle, deducting a deposit amount, and then choosing the length of the agreement. Interest is added, and monthly instalments are calculated. Then, at the end of the agreement, assuming all the payments are met, the vehicle is yours.