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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

  • Zoe Campanaro

    My first time purchasing a brand new car (actually am leasing). I had been to 5 dealers in one day. Had the worst experience at Kitchener Honda before I ended up at Cambridge Honda unintentionally, but it turned out to be great. I was welcomed right away. Worked with Stan from the beginning. He asked me a few simple questions and I needed clarity on [...]

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  • Donna Kincade

    Cambridge Centre Honda was amazing! Kevin was wonderful! The entire organization is very customer focused. Everyone went out of their way to make sure we had all the information we needed to purchase a 2018 Honda Civic EX. The orientation to all the car's features was most appreciated. We look forward to driving our new car and are grateful to [...]

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  • Boriana Kanters

    We purchased a 2017 Honda Civic in the summer. Everyone at the dealership was friendly and we were offered an exceptional pre- and post-purchase care. Kevin showed us around and guided us through the available cars, he was very informative and we are happy with our purchase. Scott handled the financing with ease and professionalism. Thanks again [...]

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  • Matt Robinson

    When I walked into the express service department at Cambridge centre Honda I truly never expected to be treated the way I was. It was AMAZING, from the smiles on the super friendly staffs faces to the more then satisfactory work done by them. I am thoroughly impressed and from now on this will be the only place I bring my vehicles (Honda or not). 6 [...]

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  • Andrea Walford

    I was absolutely blown away by the service I received at Cambridge Centre Honda. Kevin (my sales person) and Scott (finance) went above and beyond to make this a smooth, seamless purchase. They answered each and every one of my questions, and took care of absolutely everything as it came up. They also gave me a thorough tour of my vehicle, making sure [...]

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4.8

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