Clubjazz - Honda Jazz & HR-V Forums

Honda Jazz Forums => Honda Jazz Mk4 2020 - => Topic started by: JJazz on May 15, 2023, 08:40:33 PM

Title: Hire Purchase Agreement
Post by: JJazz on May 15, 2023, 08:40:33 PM
My 6th payment of £153.60 on Wednesday so intend to pay off balance of borrowed £5,000 (total to pay £5,539.60) to get the 5 year service plan. Do I need to contact them or do I get an email offer after 6th payment?.
Title: Re: Hire Purchase Agreement
Post by: jamjar on May 15, 2023, 09:42:58 PM
My 6th payment of £153.60 on Wednesday so intend to pay off balance of borrowed £5,000 (total to pay £5,539.60) to get the 5 year service plan. Do I need to contact them or do I get an email offer after 6th payment?.
You need to ring Honda Finance to get a settlement figure. They will give this on the phone & send a letter as well. You can then pay off the settlement figure. More information should be in the letter you receive after a few days.
Title: Re: Hire Purchase Agreement
Post by: andallthatjazz on May 16, 2023, 08:10:47 PM
I paid off my £5000 x 36 month agreement on Monday. The settlement amount was £4436.65 after 6 x payments. I had to pay by BACS Honda Finance Europe would not accept cheque or card payment .
Title: Re: Hire Purchase Agreement
Post by: JJazz on May 19, 2023, 09:44:03 AM
Settlement quoted at £4288.21 which includes 58 days interest they add on. Just waiting on letter with bank details.

Still done under 1,000 miles!.
Title: Re: Hire Purchase Agreement
Post by: JJazz on May 24, 2023, 01:00:14 PM
Paid it off by bank transfer today. Rebate was £329.79.

I noticed they would accept payment by cheque.