Honda Finance

From humble beginnings in a Japanese garage in the 1940s, Honda has come a long way. The company has firmly committed to a line of strong, sleek and safe vehicles associated with the Honda name. Whether it's the Honda Civic that's caught your eye or the CR-V SUV that has you longing, it's understandable considering Honda's standard of excellence.

Vehicles start from a cool $15,990 if you want to zip around in a Honda Jazz or rise as high as $51,781 if you want the people mover Honda Odyssey. Read on to figure out how to turn your Honda dreams into a reality.

How can you finance a Honda?

There are a range of finance options to choose from in order to fund your Honda dreams. Some of the options include:

• A secured car loan. A secured car loan offers lower interest rates as the vehicle you want to buy is secured against the loan. Minimum amounts for secured loans start from $3,000 and go as high as $100,000. Considering the Honda Jazz starts at $15,990, keep this in mind while looking for loan amounts.
• An unsecured personal loan. An unsecured loan, while having higher rates, offers simple approval criteria and allows you to purchase a used Honda or a Honda that isn't covered by secured finance. Interest rates for unsecured personal loans generally range between 8% p.a. and 18% p.a.
• Dealership finance. Honda offers a range of personal finance options that can cater to whatever vehicle you wish to purchase. Business finance is also available, which covers a chattel mortgage on the entire range of vehicles as well as the option to choose a novated lease.
• Novated lease. A novated lease is where you, your employer and a financial institution bundle together the costs of your vehicle and allows you to pay for them using pre-tax dollars.
• Chattel mortgage. A chattel mortgage is tailored towards business vehicles. Vans are usually your first thought, but other Honda cars can fill in the void of a business car. A chattel mortgage is where the customer takes ownership of the vehicle when they've purchased it, but the loan company takes out a mortgage over the vehicle as security.

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How much will a Honda loan cost?

As the prices range from $15,990 to $51,990 throughout the Honda range, the loan you take out in order to purchase a Honda will also vary. It's important to keep in mind the loan terms you've applied for and the interest rate, as this will impact how much interest you owe over time.

It's also ideal to consider the costs of running a vehicle, which include the cost of fuel, insurance and registration. Another cost to consider is the fees that are associated with your loan. This includes monthly fees, transaction fees and late repayment fees.

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How do you decide how to finance your Honda?

Making a decision on what finance option to go with can be tough. Some of the features to look out for include:

• The interest rate. The interest rate you need to keep an eye on is the comparison rate as this is the total cost of the loan per year. For example, if a car loan is offering a 5.64% p.a. interest rate but the comparison rate is 5.99% p.a., focus on the second rate as that is what the loan will cost you in interest as well as fees.
• Fees (upfront and ongoing). Many loans require an application fee in order for your application to be considered. The application fee varies across lenders, and some will waive the monthly fee if they have a particularly steep application fee. Other fees to look out for include monthly fees, late repayment fees and transaction fees.
• Repayment flexibility. Whether or not a loan allows you to tailor your repayments to your pay schedule is another feature to look out for. Some lenders offer weekly, fortnightly or monthly flexibility whereas others might only offer monthly. Keep an eye out!
• Balloon payments. When your loan term ends, you are required to pay the remaining balance on the loan. This is a balloon payment.

Compare the Honda finance options below

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Name	Product	Interest Rate (p.a.)	Comparison Rate (p.a.)	Monthly Repayment	View Details CTA
Loans.com.au - New and Dealer Used Car Loan		From 4.67% (fixed)	5.22%		You'll receive a fixed rate from 4.67% p.a. based on your risk profile Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Settle the loan before 30 November 2021 and enter the draw to win a $1,000 fuel gift voucher. T&Cs apply.	You'll receive a fixed rate from 4.67% p.a. based on your risk profile Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Settle the loan before 30 November 2021 and enter the draw to win a $1,000 fuel gift voucher. T&Cs apply.	Go to site View details	Compare	loading Fetching your data...
IMB New Car Loan		4.88% (fixed)	5.23%		You'll receive a fixed rate of 4.88% p.a. A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one that's up to two years old.	You'll receive a fixed rate of 4.88% p.a. A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one that's up to two years old.	Go to site View details	Compare	loading Fetching your data...
Plenti Car Loan		From 4.89% (fixed)	5.44%		You'll receive a fixed rate from 4.89% p.a. Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.	You'll receive a fixed rate from 4.89% p.a. Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.	Go to site View details	Compare	loading Fetching your data...
Credit Concierge Car Loan		From 2.99% (fixed)	4.07%		You'll receive a fixed rate of 2.99% p.a. with a comparison rate of 4.07% p.a. Get access to over 20 providers to fund a new or used car.	You'll receive a fixed rate of 2.99% p.a. with a comparison rate of 4.07% p.a. Get access to over 20 providers to fund a new or used car.	Go to site View details	Compare	loading Fetching your data...
Stratton Finance New Car Loan		From 3.85% (fixed)	4.05%		You'll receive a fixed rate from 3.85% p.a. depending on the lender you are approved with Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.	You'll receive a fixed rate from 3.85% p.a. depending on the lender you are approved with Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.	Go to site View details	Compare	loading Fetching your data...
NRMA New Car Loan		From 4.99% (fixed)	5.69%		You'll receive a fixed rate from 4.99% p.a. Purchase a new or used car up to 3 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.	You'll receive a fixed rate from 4.99% p.a. Purchase a new or used car up to 3 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.	Go to site View details	Compare	loading Fetching your data...
MoneyForJam Car Loan		From 2.85% (fixed)	4.85%		You'll receive a fixed rate from 2.85% p.a. based on your risk profile Borrow between $4,500 and $120,000 with loan terms up to 7 years to finance a new or used car. Get access to more than 40 providers.	You'll receive a fixed rate from 2.85% p.a. based on your risk profile Borrow between $4,500 and $120,000 with loan terms up to 7 years to finance a new or used car. Get access to more than 40 providers.	Go to site View details	Compare	loading Fetching your data...
Heritage Bank Car Loan		4.89% (fixed)	5.53%		You'll receive a fixed rate from 4.89% p.a. Finance a new or used car up to 5 years old. Large maximum borrowing amount up to $100,000 and terms up to 7 years.	You'll receive a fixed rate from 4.89% p.a. Finance a new or used car up to 5 years old. Large maximum borrowing amount up to $100,000 and terms up to 7 years.	Go to site View details	Compare	loading Fetching your data...
NAB Personal Loan Unsecured Fixed		From 6.99% (fixed)	7.91%		You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile Borrow from $5,000 to $55,000, with 1 to 7 year loan terms available. This loan comes with no fees for extra repayments and no early exit fees.	You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile Borrow from $5,000 to $55,000, with 1 to 7 year loan terms available. This loan comes with no fees for extra repayments and no early exit fees.	Go to site View details	Compare	loading Fetching your data...
Symple Loans Personal Loan		From 5.75% (variable)	6.47%		You'll receive a personalised interest rate from 5.75% p.a. to 25.99% p.a. based on your risk profile Borrow up to $50,000 to pay for what you need.	You'll receive a personalised interest rate from 5.75% p.a. to 25.99% p.a. based on your risk profile Borrow up to $50,000 to pay for what you need.	Go to site View details	Compare	loading Fetching your data...
SocietyOne Car Loan		From 5.95% (fixed)	5.95%		You'll receive a fixed rate between 5.95% p.a. and 17.49% p.a. based on your risk profile A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.	You'll receive a fixed rate between 5.95% p.a. and 17.49% p.a. based on your risk profile A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.	Go to site View details	Compare	loading Fetching your data...
Great Southern Bank Fixed Rate Car Loan		6.79% (fixed)	7.16%		You'll receive a fixed rate of 6.79% p.a. A secured loan with a high maximum borrowing amount up to $100,000. Redraw facility and no monthly fees.	You'll receive a fixed rate of 6.79% p.a. A secured loan with a high maximum borrowing amount up to $100,000. Redraw facility and no monthly fees.	Go to site View details	Compare	loading Fetching your data...
Driva Car Loan		From 2.85% (fixed)	4.39%		You'll receive a fixed rate from 2.85% p.a. Borrow up to $250,000 with loan terms from 1 to 7 years. Get access to a range of lenders.	You'll receive a fixed rate from 2.85% p.a. Borrow up to $250,000 with loan terms from 1 to 7 years. Get access to a range of lenders.	Go to site View details	Compare	loading Fetching your data...
Wisr Secured Car Loan		From 4.74% (fixed)	5.01%		You'll receive a personalised interest rate from 4.74% p.a. to 16.01% p.a. based on your risk profile A flexible car loan from $5,000 - $63,000 with personalised rates and rewards for strong credit customers. ⭐Special Offer: Wisr's standard establishment fee $605 will be reduced to $195 for applications submitted through Finder. T&Cs apply.	You'll receive a personalised interest rate from 4.74% p.a. to 16.01% p.a. based on your risk profile A flexible car loan from $5,000 - $63,000 with personalised rates and rewards for strong credit customers. ⭐Special Offer: Wisr's standard establishment fee $605 will be reduced to $195 for applications submitted through Finder. T&Cs apply.	Go to site View details	Compare	loading Fetching your data...
OurMoneyMarket Car Loan		From 5.35% (fixed)	5.65%		You'll receive a fixed interest rate from 5.35% p.a. to 14.99% p.a. based on your risk profile. Borrow between $2,001 and $75,000 to finance a new or used car up to 7 years.	You'll receive a fixed interest rate from 5.35% p.a. to 14.99% p.a. based on your risk profile. Borrow between $2,001 and $75,000 to finance a new or used car up to 7 years.	Go to site View details	Compare	loading Fetching your data...

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Name	Product	Roadside Assistance	Accidental Damage	Storm	Choice of Repairer	Agreed or Market Value
Budget Direct Comprehensive Finder Award		Optional			Optional	Agreed or Market	Finder's summary: Awarded the 2021 Finder Award for Car Insurance - Value in QLD, SA, TAS, VIC, WA and Car Insurance - Features in NSW, VIC, WA, this policy offers solid coverage at a low cost. Budget Direct's claims service has received a 4.2/5 based on nearly 5,000 customer reviews. ⭐ Current offer: Get 15% discount on first year's premium when you take out a policy online. T&Cs apply. Who it might be good for: People who want a comprehensive policy without breaking the bank.	Get Quote View details	Compare	loading Fetching your data...
Bingle Comprehensive						Market	Finder's summary:Bingle consistently comes up as one of the cheaper insurers out there. It only covers the basics. You don't get to choose your own repairer, you're not covered for personal items in the car and unless you add it as an option, you won't get a hire car if your car is stolen. But this keeps its premiums low. Who it might be good for: Someone who wants a low-cost option that covers them for the basics.	Get Quote View details	Compare	loading Fetching your data...
Coles Comprehensive		Optional				Agreed or Market	Finder's summary: With Coles comprehensive car insurance, you could earn double flybuys points at Coles supermarkets and you can get $10 off your Coles grocery bill every time you redeem 2,000 Flybuys points. If your car is damaged, you could benefit from a one-week turnaround on repairs. ⭐ Current offer: Get 10% off your first year's premium when you take out a policy online. T&Cs apply. Who it might be good for: Coles customers and Flybuys collectors.	Get Quote View details	Compare	loading Fetching your data...
Virgin Comprehensive		Optional			Optional	Agreed or Market	Finder's summary: Finalists for the 2021 Finder Awards for Best Car Insurance - Value in VIC, QLD, SA, WA and TAS, Virgin Comprehensive provides a good level of cover for a decent price. ⭐ Current offer: Get 15% off on your first year’s premium when you purchase a new eligible comprehensive car insurance online. T&Cs apply. Who it might be good for: People who'd like to manage their policy online 24/7.	Get Quote View details	Compare	loading Fetching your data...
Australia Post Comprehensive					Optional	Agreed or Market	Finder's summary: Australia Post car insurance offers comprehensive cover for things like theft, fire, new for old replacement and emergency accommodation and transport. Cover also extends to anyone who uses your car, not just you. ⭐ Current offer: Get $75 off your first year’s premium when you buy online. T&Cs apply. Who it might be good for: If multiple people use the one car and you don’t want to worry about listing all drivers.	Get Quote View details	Compare	loading Fetching your data...
Stella Comprehensive		Optional				Agreed	Finder's summary: Stella’s a female-focused insurer. It'll cover you if your car is damaged as a result of domestic violence. It offers higher cover for baby gear than most, with up to $2,000 cover for prams, strollers and child seats. ⭐ Current offer: Save 10% when you pay your premium annually. T&Cs apply. Who it might be good for: Someone who wants a female-centred car insurance policy (it will cover men too).	Get Quote View details	Compare	loading Fetching your data...
Qantas Comprehensive		Optional			Optional	Agreed or Market	Finder's summary: You'll be able to choose how comprehensive you want your cover to be with optional extras like choice of repairer and the option of agreed or market value. ⭐ Current offer: Earn Qantas Points for joining and paying your premium. Sign up today and earn up to 20,000 Qantas Points (points awarded will be based on your premium). T&Cs and eligibility apply. Who it might be good for: People who'd like to earn Qantas Points.	Get Quote View details	Compare	loading Fetching your data...
ahm Comprehensive		Optional				Both	Finder's summary: ahm comprehensive car insurance lets you choose higher excess to reduce your premiums. Its Fixed Kilometre Plan can save you up to 30% compared to its standard comprehensive cover. ⭐ Current offer: Get 12 months free roadside assistance when you purchase a new policy online.^ Offer ends October 14. T&C’s apply. Who it might be good for: People who drive less than 15,000 km per year.	Get Quote View details	Compare	loading Fetching your data...
Huddle Black Comprehensive						Agreed or Market	Finder's summary: Huddle's black comprehensive is its cover with highest limits and exclusive benefits. It includes roadside assistance. You can also get up to $2,000 for emergency travel and accommodation and up to $30 million legal liability cover. Who it might be good for: Someone who wants a 24/7 claims processing.	Get Quote View details	Compare	loading Fetching your data...
Poncho Comprehensive						Agreed	Finder's summary: Poncho works like a monthly subscription – you pay monthly and can cancel and leave at any time. You can also list multiple cars and drivers under one policy, making it ideal for families and groups living together under one household. Who it might be good for: People who want their car insurance month to month.	Get Quote View details	Compare	loading Fetching your data...
Youi Comprehensive					Optional	Agreed or Market	Finder's summary: Youi Comprehensive Car Insurance is one of the few providers to include roadside assistance in its policy. You'll also get access to YouiRewards which gives you discounts on furniture, parking and more. Youi also has a live chat feature on its site to talk through any questions. ⭐ Current offer: Get a 15% COVID-19 temporary cashback on the monthly premium paid until 3 October 2021. Applies to all existing or new customers in NSW and VIC. Eligibility criteria, terms, and conditions apply. Who it might be good for: People over 25 who want comprehensive cover with a focus on customer service.	Get Quote View details	Compare	loading Fetching your data...
QBE Comprehensive Green Company					Optional	Agreed or Market	Finder's summary: QBE is a sustainable insurance company and also Finder's Green Insurer of the Year 2021 award winner. This policy offers the highest level of protection available from QBE including three-year new car replacement. ⭐ Current offer: Save $75 when you purchase a new comprehensive policy online. T&Cs apply. Who it might be good for: Those that are looking for a more environmentally friendly insurance choice.	Get Quote View details	Compare	loading Fetching your data...
Huddle Comprehensive		Optional				Agreed or Market	Finder's summary: Huddle's comprehensive policy will cover you if your vehicle is damaged or lost as a result of a collision, a natural event, a malicious act, theft or fire. It also includes up to $500 for essential repairs. Who it might be good for: Someone who drives less than 15,000 km a year can opt for Pay As You Drive cover.	Get Quote View details	Compare	loading Fetching your data...
PD Comprehensive		Optional				Agreed	Finder's summary: PD comprehensive car insurance policy lets you buy, manage, and start your claims process online. It includes cover for emergency repairs up to $500 and free windscreen chip repair. Ability to customise your extras cover. ⭐ Current offer: New policyholders can enjoy 15% off on their first year's premium. T&Cs apply. Who it might be good for: Those with low claims history and the only driver.	View details	Compare	loading Fetching your data...
Woolworths Comprehensive		Optional				Agreed or Market	Finder's summary: Woolworths has some unique perks like a price-beat guarantee where it'll beat any current comparable comprehensive renewal notice if you're over 25. You can also get 10% off your grocery shop once a month and can add roadside assistance onto your policy for just $7.35 per month. ⭐ Current offer: Save up to 15% when you buy online. T&Cs apply. Who it might be good for: Woolworths shoppers and those that want to take advantage of its price-beat guarantee.	View details	Compare	loading Fetching your data...
Real Comprehensive		Optional				Agreed or Market	Finder's summary: Real Comprehensive Car Insurance provides similar coverage to other insurers for the important stuff like looking after your car if it's stolen or you crash. They're also one of the few insurers who offer a Pay As You Drive policy, so you might be able to save big if you don't drive much. ⭐ Current offer: Up to 10% discount on your policy in your first year when you buy online. T&Cs apply. Who it might be good for: Those that don't drive much can take advantage of their Pay As You Drive policy.	View details	Compare	loading Fetching your data...
Hume Bank Comprehensive						Agreed or Market	Finder's summary: Hume's highest level of cover includes up to $500 for emergency repairs, up to $1,000 for re-keying/re-coding stolen keys, 14 days temporary cover on replacement vehicle, and more. ⭐ Current offer: Save up to 10% on your policy when you buy online. T&Cs apply. Who it might be good for: People prepared to name specific drivers on their policy for lower premiums.	View details	Compare	loading Fetching your data...
Australian Seniors Comprehensive		Optional				Agreed or Market	Finder's summary: Australian Seniors' comprehensive policy includes complimentary hire car for a stolen car, up to $1,000 for a damaged trailer or caravan, up to $500 for emergency travel and accommodation cover. ⭐ Current offer: Get up to 20% off on your first year's premium when you buy online. T&Cs apply. Who it might be good for: People over 50 years old looking for flexible cover options.	View details	Compare	loading Fetching your data...
AAMI Comprehensive		Optional				Agreed	Finder's summary: AAMI's comprehensive policy includes cover for legal modifications and accessories and up to $20 million cover for damage to other people's property. Optional extras like windscreen and window glass cover is also available. ⭐ Current offers: Save $50 when you buy online. T&Cs apply. Who it might be good for: Safe drivers can benefit from the AAMI Safe Driver Rewards® program.	View details	Compare	loading Fetching your data...
Apia Comprehensive		Optional				Agreed or Market	Finder's summary: This policy includes lifetime guarantee on repair work authorised by Apia. It also covers you for after claim expenses up to $1,500 if your car is damaged or stolen. ⭐ Current offer: Get 5% off when you buy online. T&Cs apply. Who it might be good for: People who drive less than 20,000km per year can benefit from Apia Drive Less Pay Less® discount.	View details	Compare	loading Fetching your data...
CGU Comprehensive						Agreed or Market	Finder's summary: CGU comprehensive policyholders can get up to $30 million liability cover, up to $800 for emergency repairs, up to $1,000 for damaged or stolen personal items, and more. Who it might be good for: People who have remained claim-free for a few years may benefit from its No Claim Bonus discount.	View details	Compare	loading Fetching your data...
Gio Comprehensive		Optional				Agreed or Market	Finder's summary: Gio comprehensive policy includes lifetime repair guarantee on all authorised repairs, accidental loss or damage cover and up to $1,000 trailer cover. Optional covers for windscreen and window glass replacement and roadside assistance are available on paying extra. ⭐ Current offer: Get 10% discount when you buy a new policy online. T&Cs apply. Who it might be good for: People with another policy from GIO can take advantage of its multi-policy discount.	View details	Compare	loading Fetching your data...
Suncorp Comprehensive		Optional				Agreed or Market	Finder's summary: Suncorp comprehensive policyholders can benefit from flexible payment options, a lifetime guarantee on authorised repairs, baby capsules and child seats cover, and more. Eligible Suncorp insurance customers can take advantage of Suncorp Benefits including 5% discount on fuel from Caltex. ⭐ Current offers: Get a discount of $50 when you buy online. T&Cs apply. Who it might be good for: People who drive less than 10,000km per year can benefit from additonal discounts.	View details	Compare	loading Fetching your data...
Budget Direct Third Party Fire and Theft Finder Award		Optional				Agreed	Save 15% on your first year's premium when you purchase a new policy online. T&Cs apply.	Get Quote View details	Compare	loading Fetching your data...
Coles Third Party Fire and Theft		Optional				Agreed or Market	Get 10% off your first year's premium online. T&Cs apply.	Get Quote View details	Compare	loading Fetching your data...
Virgin Third Party Fire and Theft		Optional				Agreed	Purchase a new eligible Virgin Car Insurance policy and you'll also save 15% on your first year's premium. T&Cs Apply.	Get Quote View details	Compare	loading Fetching your data...
Qantas Third Party Property, Fire and Theft		Optional				Market	Earn Qantas Points when you sign up. T&Cs apply.	Get Quote View details	Compare	loading Fetching your data...
Youi Third Party Fire and Theft					Optional	Agreed or Market	Get a 15% COVID-19 temporary cashback on the monthly premium paid until 3 October 2021. Applies to all existing or new customers in NSW and VIC. Eligibility criteria, terms, and conditions apply.	Get Quote View details	Compare	loading Fetching your data...
Budget Direct Third Party Property Damage Finder Award		Optional				Agreed	Save 15% on your first year's premium when you purchase a new policy online. T&Cs apply.	Get Quote View details	Compare	loading Fetching your data...
Bingle Third Party Property Damage						Market	Get accidental damage to someone's car or property cover when you use your car for ridesharing. No cancellation fees.	Get Quote View details	Compare	loading Fetching your data...
Coles Third Party Property Damage		Optional				Agreed or Market	Get 10% off your first year's premium online. T&Cs apply.	Get Quote View details	Compare	loading Fetching your data...
Virgin Third Party Property Damage		Optional				Agreed	Purchase a new eligible Virgin Car Insurance policy and you'll also save 15% on your first year's premium. T&Cs Apply.	Get Quote View details	Compare	loading Fetching your data...
Qantas Third Party Property Only		Optional				Market	Earn Qantas Points when you sign up. T&Cs apply.	Get Quote View details	Compare	loading Fetching your data...
ahm Third Party Property Damage		Optional				Market	Get 12 months free roadside assistance when you purchase a new policy online.^ Offer ends October 14. T&C’s apply..	Get Quote View details	Compare	loading Fetching your data...
Huddle Third Party Property Damage		Optional				Market	Up to $20 million legal liability cover plus up to $3,000 for damage caused by uninsured drivers.	Get Quote View details	Compare	loading Fetching your data...
Youi Third Party Property Damage						Agreed or Market	Get a 15% COVID-19 temporary cashback on the monthly premium paid until 3 October 2021. Applies to all existing or new customers in NSW and VIC. Eligibility criteria, terms, and conditions apply.	Get Quote View details	Compare	loading Fetching your data...
QBE Third Party Property Damage Green Company						Market	Up to $5,000 for damage caused by an identified, uninsured driver.	Get Quote View details	Compare	loading Fetching your data...

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Frequently asked questions about financing a Honda

Should I get a new or a used Honda?

Ultimately, that is up to you. There are benefits to buying used and buying new. If you buy used, it's cheaper and you can get a history of the car. If you buy new, you're the only person to have owned that car.

What loan provider should I go with?

Again, this is up to you. Make sure to compare your car loan options using the features outlined above and also check the eligibility criteria to find the right lender for you.

Can I get a used Honda on a secured car loan?

Some secured car loans will allow you to get a used car, but this comes with car age restrictions. For example, with some providers, you are able to get a vehicle that is up to two years old whereas others have a higher car age limit of five years. It varies from lender to lender.
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