Frequently Asked Questions

Honda: Car Finance Options FAQs

Do I own the vehicle?
Vehicle Ownership

You are the owner of the vehicle.

Is this an open or closed loan?
Open Retail Loans

All retail loans are open and you may pay out the finance contract at any time without prepayment penalties.

Are there any fees?
Transparent Fees
  • Simple interest method to calculate interest charges
  • PPSA registration fee
  • No kilometer charges
  • No wear and tear charges
What is conventional financing?
Conventional Finance

With the Honda Financial Services regular program you can tailor your purchase to reflect your individual needs. Your equal monthly payments are determined using competitive rates and 24 - 84 (84 offered on new contracts up to 72 on used) month terms. Together with the dealer you can work out the financing arrangements that suit your budget and your needs best.