Honda Financial Services has many different loans and leasing options for those who are shopping for a car at a Honda dealership. Since you are purchasing a car from their dealership they offer some financing perks to ensure you have the right loan for your car. Honda offers loans in new cars, certified used cars, boats, motorcycles, recreational vehicles, and power equipment. These options are very convenient for customers who want to buy a Honda vehicle.
These options, as well as online calculators and in person advice from dealership representatives, make Honda Financial Services a great option for financing your new Honda.
Obviously, the worst part about Honda financing is the fact that you must purchase your car from a Honda dealership. Only certified Honda dealerships can offer financing from Honda since Honda Financial Services only wants to loan for certified vehicles. This limits the vehicles and therefore the possible customers who can use the loans and services Honda has to offer. Customers who know they want a Honda vehicle will benefit from the exclusive nature of Honda Financial Services.
Honda Financial Services seem to offer reliable loans; however, they are not a banking website so their online assistance and information is limited. You must physically go in and talk to a salesperson at the dealership in order to apply for a loan.
Honda Financial Services is lacking a great deal of information we look for in the industry. This lack of information makes it more difficult for customers to decide if Honda Financial Services is the right fit for them. It is also difficult for our team to accurately rank Honda's services versus other companies in the industry. We would like to see more transparency regarding application fees, loan amount, APR, term length, mileage limitations, early-pay penalties, and bad credit loan options.
Lars Hamilton Carmel, IN
8 months ago