Honda Financial Services | Company Finance

As a business, there are a number of advantages to financing your company fleet. It allows you to protect the capital in your business, leaving it free to invest into other assets, encourages vehicle expenses to be part of cashflow compared to capital expenditure, and in most cases comes with a number of taxation benefits. Overall the benefits are clear from a business side, but with the number of finance and lease options available, what’s right for your business? We’ve put together the below helpful guides to step you through the process.

THE BENEFITS OF FINANCING YOUR VEHICLES WITH HONDA

All Under One Roof: Every step of the process is handled internally within Honda under one roof. No multiple suppliers to contact or providers. The entire process has been designed to be as simple and save you as much time as possible.
Nationwide Coverage: We offer nationwide coverage for all your vehicle needs with your vehicles able to be serviced at any Honda Store across New Zealand. Perfect for businesses who service clients throughout the country.
Personal Touch Account Manager: As a corporate client with Honda you will have your own personal account manager who will be able to assist with your company’s specific requirements.
Loan Cars*: For businesses, when your vehicles are down it heavily impacts your productivity. That’s why as part of our Fully Maintained Lease solution you will always have access to a complimentary loan car while your company vehicles are being worked on including for prolonged repairs such as collisions.
Consecutive Lease Option: Sometimes you are unsure on how long you will require a vehicle for, which is why we have designed an option especially for this. Our consecutive option allows you to leave the lease after 12 months, however, if you wish to continue using the car after 12 months then your future repayments will be reduced to reflect the new lease period.

*Loan Cars only available for Honda Lease Products

OWNING VS. LEASING

Owning versus leasing a vehicle is something we are constantly asked about. There are pros and cons for either option and it will often depend on your company’s specific requirements, however the tried and true phrase that applies here is “If cash is king, then cashflow is queen.”

As illustrated in the graph, over a standard finance period on average, the lease repayments have noticeably less impact on a business’s cash flow. Plus with a Fully Maintained Lease, you are able to accurately forecast vehicle expenditure as all costs are built into one easy monthly payment.

Fully Maintained Lease

Our Fully Maintained Lease option is the most popular finance product for our corporate. Below are just some of the reasons why they like this option:

Tax deduction on the whole repayment
No residual risk
Off balance sheet
Capital not tied up
GST is paid in installments, so you never get caught out
No contingent liability
Built in servicing and maintenance costs

Find Out More

Flexi Loan

We also offer Flexi Loan (Finance) to our corporate clients. Some of the benefits of choosing this option include:

Full ownership of the vehicle
Variable repayment structure
Choice of final residual payment
Ability to apply a deposit
Tax Deductions available on interest costs
Flexible Payment Options
Capital not tied up
GST can be claimed as a lump sum

Find Out More

PRODUCT COMPARISON

How does this compare to our other great finance products?

We’ve created the following simple graph to show you how this payment option compares to our other finance and lease options on a monthly basis*.

*Information used to create this graph is based upon a new Honda CR-V AWD Sport Premium over a 36 month term with zero deposit. The Flexi Loan option includes a final payment of $5,000. For both Lease options the total kms are set to 45,000.

Build and Quote

Apply online Apply in-store Find your Honda Store

Terms and Conditions

To find out more about our finance rates, fees and charges, along with our application and direct debit forms please click the link below. Alternatively, contact us directly and one of our trained representatives will be able to assist.

View Legal Information