Sheils of Limerick

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Sheils of Limerick
Ennis Road, Co. Limerick.

Tel: 061 452244
Fax:061 453794
Opening Hours
Mon - Fri: 9am - 6pm
Saturday: 10am - 5pm
Sunday: Closed

New 'Honda Now' PCP Finance Launched from €199* per month

New 'Honda Now' PCP Finance Launched from €199* per month

8 November 2013



Universal Honda is pleased to announce the introduction of its ‘Honda Now’ PCP finance programme, meaning you can now purchase a new Honda every 3 years from just €199* per month. Honda Now is being launched at Honda Dealers across Ireland this November, with highly-equipped new models, new low CO2 engines and great deals available across the Honda Range for 141.


The ‘Honda Now’ programme is a refreshingly new and easy way to finance the purchase of a new car with just three key steps involved in the process. Firstly, the customer can choose a deposit amount that works best for them ranging from 10% to 32% of the On the Road Price. Secondly, to provide peace of mind at the end of the finance term Honda sets a Guaranteed Minimum Future Value†† for the car. Finally, the really clever bit is that monthly repayments are then calculated on the difference plus interest, and not the full amount. In a nutshell, it means lower monthly repayments.


At the end of the 3 year finance term, there are 3 options available. Firstly, the car can be handed back to the dealer and the customer simply walks away, or secondly, the customer can keep the car by paying or financing the outstanding balance or thirdly, when appropriate, the customer can convert the equity value in their car into a new plan and get behind the wheel of the latest model and start the same process all over again.


Honda Now is a personal contract purchase plan, or PCP, and is available right across the Honda Range. With Honda Now, buyers can drive away in the Honda Jazz supermini from €199* per month, the award-winning Honda Civic family car from €259*, the Honda Accord executive saloon from €399* or the fantastic new Honda CR-V 1.6 i-DTEC SUV from just €369* per month.


Speaking at the launch of Honda Now, Adrian Cole, Managing Director of Universal Honda Ltd. commented, ‘With our Honda Now finance plans, our key aim was to bring simplicity to what is still a very new concept to Irish car buyers. We wanted to show that there is a ‘Honda Now’ plan to suit many pockets, with options available that facilitate smaller deposits, or manageable monthly payments. Buyers can now purchase a new Honda with deposits as low as €2,000 or monthly payments as low as €199* per month.

He added, ‘We have designed our finance plans to be as transparent and as easy to understand as possible for the customer. Our guaranteed minimum future values have been set at very realistic levels for added peace of mind, while the annual mileage allowance factored into our plans is one of the highest in the market place. We believe that ‘Honda Now’ represents a new and simple way for Irish drivers to buy a new car and we look forward to introducing the concept to prospective customers visiting Honda Showrooms nationwide.

To learn more about Honda Now, click here.



†Includes delivery & related charges. Model is shown for illustrative purposes only. ††The Guaranteed Minimum Future Value (GMFV) is payable if you renew or retain the vehicle at the end of the agreement. Further charges may be applied by your Honda Dealer subject to kilometre limits/condition of the vehicle.*Lending criteria and terms and conditions apply. Finance is provided by way of a hire purchase agreement. Finance example is based on a fixed rate APR of 8% and is inclusive of a once off documentation fee of €63.49. To qualify for this Finance Offer; a minimum deposit of 10% of the ‘On the Road Price’ and a maximum term of 37 months applies. Rate quoted is correct as at 1st of November 2013 and is subject to change. This offer is available on selected new Honda models registered/ purchased from 1st of November 2013 to 31st of January 2014. The credit provider is Bank of Ireland Finance which is a registered trading name of Bank of Ireland.

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