Honda in the UK has updated the retail offer for the e:Ny1 electric vehicle to make it more affordable for British consumers on its monthly/lease purchase plans.

Honda says e:Ny1 can now be purchased from £349.00 per month, with 0% APR Representative and a £3,500 Honda Deposit Contribution. The offer is available from now until the 30th September 2024.

Honda’s move comes amid growing industry concern over slow sales of BEVs.

“Honda is committed to leading the way in electric mobility, and our latest e:Ny1 retail offer is part of our continuing efforts to make electric cars accessible,” said Rebecca Adamson, Head of Automobile at Honda Motor Europe Limited (UK). “By reducing the APR to 0% and increasing the Honda Deposit Contribution to £3,500, we are continuing to try and make it easier for more customers to experience the benefits of electric driving”.

Honda issued this representative finance example (OTR = On The Road)

See also: Why the e:Ny1 is Honda’s EV frontrunner

2024 future product report: Honda