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Dealership financing isn't always one of the first financing options you might think of when looking to get a car loan. However, it's the financing option that's beneficial for the largest group of people. Between how much time it saves and how it benefits people with lower credit scores, it's something you'll want to take a look into when you visit the Honda dealership to pick out your next car. more 4 Reasons to Finance Your 2025 Honda at Your Honda Dealership 1. It's One of the Most Convenient Financing Options Not all lenders allow you to apply for financing online, but we do. Once you've got that application filled out, you can sit back, relax, and wait for a reply. We send your application to multiple lenders, so that eliminates the shopping around aspect of trying to find a loan with great terms. If you're approved for a loan, then you can come by and pick out your next car, sign the paperwork, and drive home in your new Honda. The process takes almost no time at all. 2. It's an Option for People with Poor Credit Getting financing when you have poor credit can be tough, especially from a bank or credit union. However, we lend to people that banks and credit unions often refuse to lend to. You don't need a perfect credit score to get dealership financing, so we enable people to buy cars when they wouldn't have been able to otherwise. 3. It's Beneficial for People with Great Credit People with excellent credit scores can often qualify for great promotional financing offers. The national average interest rate for car loans varies over time, but in the third quarter of 2024, it was 6.61 percent for people buying a new car. By qualifying for certain promotions Honda runs, you can save a lot of money by getting a loan with a much lower interest rate. Some examples of interest rates you can get with these promotions include 1.9 percent and 2.49 percent. You can even get a loan with zero percent APR when buying some models. 4. It Eliminates the Need to Compromise Nobody should have to compromise and buy a car from a different automaker when they want a Honda. However, some buyers may have to do that. This is because some lenders ask you to buy a vehicle from a particular dealership within their network when they approve you for a car loan. If there's no Honda dealer in their network, then you won't be able to get a new 2025 Honda. That's never a problem when you go to the Honda dealer for financing. Come by Ed Martin Honda in Indianapolis, IN for all your car financing needs. We have a wide selection of new and pre-owned vehicles for you to choose from.

When you decide on a new Honda, you always have the choice to buy or lease. They're equally good, as you will receive a stylish, powerful, and fuel-economical Honda. Your correct choice depends on your personal requirements, views, and lifestyle. As your Honda dealership, we want to advise you on some of the leasing benefits you receive if you choose this option. more Lower Maintenance Costs Maintenance costs can add up over a vehicle's lifespan. As a vehicle ages, more costly components and systems require replacement, for example, the alternator and catalytic converter have an average working life of eight years. When you buy a vehicle and intend to keep it for years to come, these costs have to be budgeted for. Leasing allows you to reduce maintenance costs significantly. You are responsible for scheduled maintenance as part of your Honda lease, but a new vehicle's maintenance needs are low. Lease options range from three to five years, so your lease will expire before you need to consider planning for most component replacements. Reduced Monthly Costs Most drivers who buy a new car pay for it on finance. Finance charges for an auto loan can be high, particularly if you have a credit score that needs some improvement. This could mean you have to choose a vehicle with a lower trim than you'd like. When you lease a vehicle, monthly lease payments are usually lower than monthly repayments on finance. This gives you the option to acquire a higher trim than you would otherwise be able to afford. You can reduce lease charges further by choosing a longer lease term or opting for a lower annual mileage in the lease agreement. Late Model Availability When you buy a car, its technology, safety systems, and other features will become less current as time passes. If you want a more advanced vehicle with all the latest features, you must sell or trade your old car. If you choose to lease, your lease car is new and has all the latest technology. The standard lease agreement is for three years. When your lease expires, you can start a new lease and choose a brand-new car with more high-tech features and systems. Complete Warranty Protection All new Hondas have a comprehensive warranty. These warranties protect them against any unforeseen issue with the materials or labor used in their manufacture. If you buy a vehicle, your warranty will eventually expire. You can choose an extended warranty, but this could increase your costs. These are just some reasons why leasing can be a good choice. If you'd like to know more, contact us today at Ed Martin Honda in Indianapolis, IN.