If you have cash or a trade-in upfront and don't want to pay any additional interest rate costs, then this could be the option that suits you.
How it works is simple.
If you are interested in an HR-V RS for example, you will need to pay $12,500 as a deposit (plus ORC, establishment and PPSR fee), then in 12 months time, you pay another $12,500, and in 24 months you pay the final $12,500. That’s like an interest-free loan - and you are just paying it back in three equal amounts.
Alternately, you may have a trade-in that’s worth around $15,000. This could act as your initial deposit on a CRV 2WD 7 seater for example. Using the trade-in as your initial deposit amount, you would then have two further payments of $14,996 in 12 and 24 months respectively.
Whatever your circumstances, we'd like to make it easier to get you into a new Honda. 1/3, 1/3, 1/3 is just one of the ways we can help.
Terms and Conditions
Offer available on all new Honda vehicles, including the Civic Type R, and is based on a 24-month loan agreement, 0% interest rate, 1/3 deposit, 1/3 in month 12 and 1/3 in month 24. Establishment fee of $350 & PPSR fee $10.34 (due with the first 1/3 deposit) apply. Subject to HFS lending criteria.
Offer ends 31/03/2020.Get an instant quote