American Honda Finance Corp.

American Honda Finance Corp is a financial group that provides for the financing needs of purchasers of Honda and Acura vehicles. Depending on what the needs are of the consumer, American Honda Finance Corporation offers both installment sales contracts and leases, though leases are technically offered through the affiliate company known as Honda Lease and Trust.

Buying

If you are purchasing a Honda or Accura, you may be able obtain your financing through American Honda Finance Group. If this is the way you want to go, and if you want to save time at the dealership, you can even apply for pre-approval online from American Honda Finance Corp. The best part is that the great rates and terms that Honda financing offers is available on most every Honda and Acura vehicles including motorcycles or ATV’s, marine engines, and even Honda Power Equipment products.

Leasing

With a lease, you will be able to drive a new vehicle more often, put less money down, and lower monthly payments as compared to purchase financing. When working with American Honda Finance Corp on a lease, you are basically signing a contract to use the vehicle for the first period of its life. You will pay for a portion of the vehicles worth, but will likely be limited to twelve or thirteen thousand miles per year. To avoid mileage overage charges at the end of your lease, though, American Honda Finance Corp. will allow you to purchase extra mileage at the beginning of the lease. At the end of the lease of your Honda or Acura, you will have a couple of choices. You can purchase the vehicle at a predetermined purchase price if you wish to keep the vehicle. Or, if you prefer to drive newer vehicles, you can return your Honda or Acura at the end of the lease and simple lease again.