4 Reasons to Finance Your 2025 Honda at Your Honda Dealership

4 Reasons to Finance Your 2025 Honda at Your Honda Dealership

1. It’s One of the Most Convenient Financing Options

Not all lenders allow you to apply for financing online, but we do. Once you’ve got that application filled out, you can sit back, relax, and wait for a reply. We send your application to multiple lenders, so that eliminates the shopping around aspect of trying to find a loan with great terms.

If you’re approved for a loan, then you can come by and pick out your next car, sign the paperwork, and drive home in your new Honda. The process takes almost no time at all.

2. It’s an Option for People with Poor Credit

Getting financing when you have poor credit can be tough, especially from a bank or credit union. However, we lend to people that banks and credit unions often refuse to lend to. You don’t need a perfect credit score to get dealership financing, so we enable people to buy cars when they wouldn’t have been able to otherwise.

3. It’s Beneficial for People with Great Credit

People with excellent credit scores can often qualify for great promotional financing offers. The national average interest rate for car loans varies over time, but in the third quarter of 2024, it was 6.61 percent for people buying a new car. By qualifying for certain promotions Honda runs, you can save a lot of money by getting a loan with a much lower interest rate. Some examples of interest rates you can get with these promotions include 1.9 percent and 2.49 percent. You can even get a loan with zero percent APR when buying some models.

4. It Eliminates the Need to Compromise

Nobody should have to compromise and buy a car from a different automaker when they want a Honda. However, some buyers may have to do that. This is because some lenders ask you to buy a vehicle from a particular dealership within their network when they approve you for a car loan. If there’s no Honda dealer in their network, then you won’t be able to get a new 2025 Honda. That’s never a problem when you go to the Honda dealer for financing.

Come by Penske Honda Ontario in Riverside, CA for all your car financing needs. We have a wide selection of new and pre-owned vehicles for you to choose from.

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