Monday, October 5, 2020

Honda Financing FAQ via Keyes Honda

Honda financing is a valuable option for many car shoppers who need a vehicle with affordable monthly payments. The process is a little more involved than transferring funds from your account every month, but you shouldn’t let that stop you from getting your dream car. 

New Driver Financing FAQs

How do I finance a Honda car?

It all starts with an application. You can visit our website or come see us in person to fill out your app. When you are serious about car shopping with us, we will sit down with you and tell you exactly what you qualify to borrow and how long it will take you to pay it off.

What are my responsibilities with financing?

The most important part of financing is simply making those payments every month on time and in full. You don’t want to be penalized for failing to come through on your end of the agreement, which is why it’s also important that you fill out your income information correctly and find a vehicle that fits your budget.

Will my credit impact my finance application?

To an extent, yes. It’s hard to say until we’ve received the application and evaluated all of the info, but a rule of thumb is the better your credit history, the better the financing terms will be. For example, you may qualify for a lower interest rate or a lower down payment.

Why should I consider financing?

You can get the vehicle you want and need in a way that will let you pay it off over time. You can help build your credit, and leave more room in your budget for other essentials.

Keyes Honda is the dealership you can come to with any additional questions about car shopping, financing, and service.

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