Get detailed information on Honda Car Finance along with the rates charged on honda car finance and other terms and conditions.
Leadership Purchase Plan:
The Leadership Purchase Plan is one of the newest offers of Honda. It is a breakthrough in alternative vehicle financing and allows buyers the luxury of negligible down payment and interest rates smaller than conventional car financing schemes.
With The Leadership Purchase Plan the installments are made keeping ownership in mind and the names are always on the title. The term periods of these policies may vary from twenty-four to forty-eight months.
The depreciation and various financial costs make up the monthly installments, which are small. The owners are allowed a variety of choices after the initial period of the term gets over. They can exchange their cars for a new one.The vehicle could also be purchased for a pre-determined amount.
There is also the provision of the owner being able to transfer the ownership of the vehicle to Honda Financial Services.
The American Honda Finance Corporation started business in July, 1980. They sold financing services throughout US to authorized Honda motorbike dealers. They began financing Honda power equipment in 1983 and from 1986 they started financing Honda and Acura cars. In June 1985 was started retail financing and pilot programs for Honda power equipment and motorcycles in California and Florida. The same programs were initiated in May 1986 for Honda and Acura cars in California. In April 1990 they began to offer retail leasing of Honda and Acura cars in California.
American Honda Finance Corporation and dbf Honda Financial Corporation finance Honda and Acura cars, sports cars, and minivans. They also provide for motor parts, motorbikes, power vehicles. Their financial packages include retail installment sales contracts, and leases. These services are customised.
Leases are sold through their affiliated concern Honda Lease Trust for both new and old Honda and Acura cars. The American Honda Finance Corporation, and American Honda Service Contract Corporation, an associate situated in Florida, deal in car financing agreements marketed by the Honda and Acura dealers in US.
The headquarters of the American Honda Finance Corporation are at 20800 Madrona Avenue, Torrance, California 90503.
Last Updated on : 1st August 2013