Our Answers to Common Questions About Honda Financing

 

 

If you have questions about Honda financing, you can trust the resident pros in our Honda finance center to answer them. Our experts answer finance questions daily, so we’ve listed some of their most sought-after answers. If your question isn’t on our list of FAQs, help is just a phone call away.

Can I finance a used car?

Financing one of the pre-owned vehicles on our lot is as easy as securing an auto loan for a new Honda model. We make financing a previously owned automobile a fun, enjoyable process, so head in our direction to get the process started.

Does my credit score matter when I apply for an auto loan?

Your credit score will influence the terms of your loan agreement. The better your credit score is, the more favorable the terms of your contract will likely be. Even if your credit score is poor or nonexistent, we can still help you get a car loan.

How long do car loans last?

When they visit our Honda dealership in Chehalis, WA, some drivers ask us how long a car loan remains in force. Terms for auto loans vary greatly. Most loans last three to five years, but some are as short as 12 months, while others may be as long as 84 months.

Will you buy my trade?

Many motorists opt to trade in their existing car and use the proceeds as a down payment on another vehicle when they’re car shopping. Regardless of whether you have your eye on a new or pre-owned model, you can trade in your car at our Honda dealership. Even if you don’t have plans to get another automobile, we’re still interested in buying your current vehicle.

What is a cosigner?

People with poor or no credit are sometimes advised to recruit a co-signer to help them qualify for an auto loan. A cosigner will sign your loan along with you, and the person will be on the hook for the debt if you default. Before you ask someone to cosign a binding document that can impact their credit, make sure you can pay off your car loan promptly.

Contact or Visit Honda of Grays Harbor

Do you have more questions about Honda financing? Call us, contact us online, or visit Interstate Honda so we can answer them for you.

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