Fast, frugal, affordable and fun, Honda’s CBR500R – on sale since 2013 – has helped redefine and re-energise the middleweight class and brings sporting energy, plus engineering DNA of larger CBRs, to Honda’s twin-cylinder line-up. Dozens of young riders from around the world developed their racecraft on CBR500Rs in the first two seasons of Honda’s one-make European Junior Cup race series.
Suitable for riders looking to move up from a 125 (or holding an A2 licence) it injects the excitement of sports bike ownership into every ride, yet also delivers real-world comfort with sensible running costs, making it a great bike to commute through the working week – and cut loose at the weekend on.
And with its giant-killing capacity, the CBR500R has also found favour with experienced riders looking to downsize their machinery, while preserving the essence of enjoyable motorcycling.
The 16YM CBR500R is a considered and thorough evolution that elevates the machine further to offer the maximum sporty performance, style and presence from a genuine A2 licence-compliant motorcycle.
|Monthly payment||£ 89.00|
|Customer deposit||£ 1,133.68|
|Amount of credit||£ 4,815.32|
|Number of monthly payments||36|
|Optional final payment (GFV)||£ 2,346.53|
|Total amount payable||£ 2,356.53|
|Representative APR||6.9 %|
|Option to Purchase Fee||£ 10.00|
|Annual contracted mileage||4000|
|Excess Mileage Fee (pence)||3p|
Representative Example, provided for illustration purposes only.
In PCP finance examples, the final payment is optional and is the minimum guaranteed value of the bike (providing the bike isn't damaged or beyond reasonable wear and tear for the age and mileage).
Your options at the end of a PCP agreement are to either hand the bike back to the finance company, use the bike as a part exchange against a new one or pay the final payment and take ownership of the bike.
In all cases of finance, the motorcycle belongs to the finance house until the final payment is made at the end of the agreement.
PCP agreements work best when you have a low deposit, want to have low manageable monthly payments and intend to part exchange or sell the bike at the end of the agreement. If you have a significant desposit, can afford higher monthly payments or plan to keep the bike beyond the term of the agreement then a finance proposal based on a regular monthly payment without a deferred final payment may provide the lowest total cost. We can talk you through all of the options we can offer.
Newcastle Motorcycles are a broker not a lender, and can only introduce you to a limited number of lenders.
Please contact us for more information about part exchange