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Honda helps buyers make most of remaining scrappage cash

Honda (UK) has re-launched its popular 0% APR finance offer on Jazz to help customers make the most of the last month of the Scrappage Scheme.

The much-loved Jazz supermini, which is now built at Honda's factory in Swindon, has been Honda's biggest seller via the Scrappage Scheme, with over 7,300 cars sold so far.

This new hire purchase finance package enables customers to take advantage of 0% finance for two years, with 35% deposit and 24 monthly repayments starting from £299.

The finance offer is also available to non-scrappage customers, and given the Jazz's high repeat purchase rate (63%) this could be the ideal time for existing Jazz customers to update their current model.

The offer is available on Jazz cars ordered and registered between 3 February and 30 March 2010.

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Amount to borrow
Sorry. The minimum loan amount is £1000
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Best available rate 9.20%

Total repayment £8,930.17

Total cost of credit £1,430.17

£186.05

48 monthly payments

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Representative example

Borrowing £7,500 over 4 years with a representative APR of 25.4%, an annual interest rate of 25.4% (Fixed) and a deposit of £0.00, the amount payable would be £239.77 per month, with a total cost of credit of £4,008.96 and a total amount payable of £11,508.96.

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