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Personal Contract Purchase (PCP)

Honda Aspirations - Honda Personal Contract Purchase

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?

  • Choose the Honda you want
  • At the start of the agreement 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.
  • Your monthly payments and deposit are then calculated on the difference between the car's total purchase price and the GMFV.
  • By guaranteeing your Honda' future value, your monthly payments are reduced meaning they could be more affordable than traditional Hire Purchase or Personal Loan.

Once you've paid all your monthly payments, you have three choices:

  1. Pay the GMFV and keep your Honda.
  2. Return your Honda at no extra charge.
  3. Part exchange your Honda for a new one.
Honda New Car PCP

Personal Contract Purchase is for you, if:

  • You'd like an affordable deposit and lower monthly payments.
  • You want flexibility to exchange, return, or buy your car at the end of your agreement.
  • You'd like to avoid potential maintenance costs of an ageing car.