Borrowers can apply for Honda Auto Finance at their nearest dealerships by completing the loan application form and submitting the required documents physically. Honda finance offers loans for both new and used cars under various plans. The loan duration ranges from 12 to 60 months, with a flexible payment option.
Steps to Apply for Honda Auto Finance
Apply for Credit Pre-Approval
To apply for a loan, applicants must first obtain pre-approval for auto finance. The pre-approval application can be completed online using the following steps:
- Access the Honda Finance portal at https://my.americanhondafinance.com/
- Go to the "Finance Tools" section on the homepage.
- Select "Apply for Pre-Approval".
- Proceed to "Apply" and click on "Start an Application".
- Enter personal information and choose a desired vehicle.
- Select the loan amount and click "Submit".
Visit the Nearest Dealer
Once pre-approval for auto loans is secured, take the application form to the nearest dealership and physically submit the required documents.
Documents Required for Honda Auto Finance
- Social Security numbers for each applicant
- Savings and checking account numbers
- Employment details
- Product model information
- Proof of identity, income, and address
- Any applicable down payment amount
- 6-month salary bank statements for employed individuals
- 6-month business bank statements (income credit) for self-employed applicants
Eligibility for Honda Auto Finance
Age Range
The age range eligible for Honda Auto Finance is from 18 to 65 years.
Monthly Income Requirement
Applicants must have a minimum monthly income of $1,800.
Location
Honda Auto Finance is available in urban, semi-urban, and rural areas.
Type of Employment
Both salaried and self-employed individuals are eligible to apply for Honda Auto Finance.
Apply for Honda Financing Online
Visit (https://my.americanhondafinance.com/) to apply for Honda financing online.
Does Honda Offer 84 Month Financing?
Honda is offering 84-month financing to buyers on 2.9% APR on selected new vehicles.