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Finance Options

Finance Options

If you like the idea of having ownership of your car, prefers paying off your loan, and don’t like the risk of possible lease-end charges, then you should consider finance as an option.

As a finance customer, throughout the term of your finance contract, your payments will consist of part principal and part finance charges. Each payment you make increases the amount of equity you’ve built up in your vehicle.

  • The benefits of financing your vehicle with Honda Financial Services are:
    • You are the owner of the vehicle.
    • All retail loans are open and you may pay out the finance contract at any time without prepayment penalties.
    • Simple interest method to calculate interest charges.
    • No kilometer charges.
    • No wear and tear charges.
    • Build equity.
    • Flexible terms.
    • Once all the payments have been made, you own the automobile
  • Things to be taken into consideration:
    • Monthly finance payments are typically higher than monthly lease payments as you are financing the total cost of your vehicle.
    • You are responsible for insurance coverage. Required coverage typically is detailed in your financing agreement.
    • You are responsible for maintaining the automobile. A maintenance schedule is outlined in the owner’s manual.

End of Your Finance Contract – What’s Next?

After making your payment each month for the duration of the financing contract, the vehicle is all yours. So what comes next? Negotiating a trade-in with your dealer may be a great way to come up with a down payment for your next Honda. You can also sell your vehicle privately or keep driving it for years to come – it’s your decision to make. For more information about your options at the end of your finance contract, please contact our Financial Services Department at 519-623-5991.

Customer Reviews

We are committed to making you a long-lasting customer and friend

  • Isabelle Panagapka

    I was very impressed with every aspect of our experience at Cambridge Centre Honda. From the moment we walked in, there was no pressure or games played, as is often the case at car dealerships . Marci was so helpful with all of our questions and genuinely enjoys her job. She and Colin were both a pleasure to deal with. We are so happy with our new CR-V [...]

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  • Alex Yepes

    Best experience I have ever had in a dealership, since the time I walked in to the time I got my brand new Honda Civic. Danielle and Tony made this purchase a smooth one. If there was a 10 star rating I would give it to these guys. Very professional staff. Highly recommended. Coming back soon for my wife's car :)

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  • J Robinson

    Cambridge Honda was definitely the best experience I have had at a Dealership. They are not the traditional pushy sales people you imagine when thinking about buying a new (or used) car. They truly want you to get the best deal possible and to be happy with your purchase. I had the pleasure of working with Sales Consultant Danielle and Financial Services [...]

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  • Cordell Sacrey

    This was my first time buying a new car. Honda was actually the start of my ventures to the different dealers. I live in Kitchener but read stuff about Cambridge Honda that made me want to go there! I set up a test drive online and Marci was pretty much instant in her prompt reply to get me all set up! When I had arrived she was this bubbly and enthusiastic [...]

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  • Paul Loney

    I have purchased many Honda vehicles from Cambridge Centre Honda over the past 18 years. I have always found the sales team to be very accommodating and work with finding the right vehicle for each person based on their needs. There sales and service departments provide exceptional customer service. I highly recommend them if you are looking to purchase [...]

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4.8

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