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Sunday, April 11, 2021

What Are My Options for Honda Financing?

 

Have your heart set on a new Honda vehicle? It’s time to determine how you’re going to pay for it. We have multiple Honda financing options at Pacific Honda to cater to any shopper that walks through our doors.

Buying or Financing

Buying, of course, means paying for your vehicle upfront on the day of purchase. That isn’t the only way you can head home in a new Honda car, however.

By financing, you are borrowing money from a financial institution to buy your vehicle. When financing, a lender takes the total investment, subtracts your down payment or trade-in value, and splits it into monthly payments over a predetermined term.

A term can last anywhere from two to eight years. They also factor in an interest rate and taxes into each of your monthly payments.

Leasing

Leasing is a good option for shoppers that are looking for a new car but want a more affordable option. Since you are only responsible for a portion of a car’s lifespan, you are only responsible for a portion of its value.

Shoppers lease a vehicle for a predetermined term and pay monthly payments during that time. Then, at the end of the lease, you have the option to buy the vehicle or simply return it to the dealership.

Fresh Start Financing

With the Pacific Honda Fresh Start Program, we understand that bad things can happen to good people and that your credit doesn’t define you. We specialize in providing auto loans to people with poor or no credit in and around San Diego. There are many perks to using this program.  

  • Nearly limitless financing options
  • Flexible terms
  • Low rates
  • Fast approvals

Still have questions? Our San Diego Honda dealership is happy to help. Reach out to our team today! 


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