Al-Futtaim Honda launches new auto finance package

Press release

Published June 5th, 2011 - 06:56 GMT

Honda SUV Range

Al-Futtaim Honda, exclusive distributors of Honda vehicles, motorcycles, marine engines, power products and parts today announced the UAE-wide launch of a new motor finance package called ‘Honda Advantages.’

The new vehicle finance solution from Al-Futtaim Honda – based on a purchase model called ‘Personal Contract Purchase’ – is designed to offer a range of individually tailored finance packages, making owning a new Honda car easier than ever before.

Honda Advantages offers real tangible benefits to customers such as lower monthly commitments, shorter loan agreement, guaranteed future trade-in value and option to upgrade to a new Honda after 2 or 3 years as per the customer’s choice. The solution places the financing decision firmly in the hands of the customer thereby providing complete peace of mind.

Mark Kass, Managing Director of Al-Futtaim – Honda believes the launch of the new finance solution is further sign of the UAE automotive market evolving and offering financing tools previously available in the west. He said: “The new finance solution from Al-Futtaim Honda offers customers with a low cost alternative to traditional forms of funding.

“You can even upgrade to a new Honda every two years because we guarantee the future trade-in value of your car ensuring complete peace of mind. The Honda Advantages solution means you can afford a higher spec vehicle than perhaps you initially envisaged.

“We are confident Honda Advantages will be the popular mode of motor financing due to its flexibility, low monthly installments and guaranteed future value for the vehicle at the end of the agreement. This type of finance is ideal for customers intending to change their vehicles at the end of the contract period and we believe it will become the preferred way of buying a Honda from now on,” he added.

Honda Advantages is available at all Al-Futtaim Honda showrooms in the UAE and is valid across the Honda range including the Honda Jazz, City, Civic, Accord, CRV, Pilot and Crosstour.

Background Information

Al Futtaim Group

As a diversified organisation, we bring the quality and reputation of more than 200 companies into your life. Al-Futtaim’s 42,000 dedicated employees are committed to helping you make the right choice – no matter your location or need – in sectors as varied as automotive, retail, real estate and finance.

Company Profile

Honda

Honda delivers to customers in over 150 countries and regions, over 6 million power products annually, spanning its general-purpose engines, and products powered by them, including tillers, generators, snow blowers to lawnmowers, pumps and outboard engines. Honda is also developing and producing electrified products useful in many facets of life, delivering new value such as the Miimo robotic lawnmower, and the LiB-AID E500 new era portable power source. Honda also lease-sells to businesses the Honda Walking Assist Device, an assistive device for use in the training of walking based on the theory of human walking amassed through Honda’s robotics research.