The scheme is thought to be the first of its kind in the UK car industry. Honda hopes it will boost consumer confidence when considering the purchase of a new car. The spring promotion is available on Civics and CR-Vs purchased on Honda finance from 1 April.
Honda will cover the monthly car repayments for up to a year in an attempt to safeguard customers that have been redundant for more than three months. Honda's UK sales fell by 21% over 2008, according to the Society for Motor Manufacturers and Traders (SMMT).
In the US, Ford this week launched a similar scheme to help consumers in the event of a job loss.