Commercial Hire Purchase: closer to a rent-to-buy arrangement, generally involving a finance company buying a car on your behalf and letting you use it in return for regular rental payments.Operating Lease: more like a long-term car rental arrangement, involving a company leasing a car for an extended period.Chattel Mortgage: a specialist car finance option specifically for business finance use.Secured Car Loans: car finance where you do provide collateral, usually the car you are purchasing.Unsecured Car Loans: car finance where you don’t provide collateral.Generally speaking, there are seven different ways to finance your Honda: There are a number of different options on the market when it comes to Honda car finance, each of which meet specific requirements. What types of Honda car finance are available? Securing your loan with your new Honda could allow you to access more competitive interest rates.Ĭonsider the lender’s reputation and customer services offerings before applying for your Honda car finance. Lenders will typically charge higher interest rates for unsecured car loans because they regard them as riskier than secured car loans. Some lenders will allow you to choose between a secured car loan and an unsecured car loan. Some lenders are very flexible in how much time they’ll give you to pay off the loan, while others will limit your options. It’s a good idea to consider asking about all of a loan’s features, as they can affect how much you will need to pay over the life of your loan. Different lenders will generally charge different fees to boost their bottom line, so it can be a good idea to ask about all of them.Ĭar loans can vary quite a bit in terms of what they offer. Some examples of the types of fees you could be charged include application fees, monthly fees, other ongoing fees early exit fees and redraw fees. Be sure to take note of both the advertised rate and the comparison rate.Ĭar loan fees can often significantly impact how much money you have to pay out over the life of your loan. If you factor the following details into your car loan comparison, you’ll likely be better equipped to work out which car loan best suits your needs.Ĭomparing interest rates tends to be an important first step in comparing loans. Making a comparison on RateCity will allow you to look at different types of Honda car finance and decide which interest rates, fees, charges, features and benefits may best suit your needs. If you’re looking to borrow money to buy your Honda, there are a variety of loan options available for both new and used cars, so you don’t have to always settle for dealer finance. Vehicle information and pricing last updated in February 2019 It comes in two models:ĭeveloped under the concept of a 'human-centered supercar', the Honda NSX is an exclusive, state of the art performance vehicle. Prices from: $31,749 for 2WD, and $40,359 for AWDĪ people mover available in both seven or eight-seater options, the Honda odyssey prioritises space, connectivity and safety features.2WD models offered: Vi, VTi, VTi-E7, VTi-S, VTi-L7.The ultimate adventure-ready family SUV of the Honda vehicles, the CR-V was designed to provide safety, storage, and connectivity. Models offered: VTi, VTi-S, VTi-L, RS, VTi-LXĪ high-performance version of the Civic, the Type R was designed to challenge what’s possible in a compact hatch.Ī deceptively roomy sedan with interiors inspired by a concert hall, the Honda Accord features a sporty look and luxurious design.Ī high riding, compact yet spacious SUV to suit an urban lifestyle, the Honda HR-V bridges the gap between urban and off-road performance.Offering both hatchback and sedan options, the Civic has a bold and innovative design with sleek lines and refined features. Labelled as a light sedan, the Honda City was created for urban living and driving. Packed with technological features, the Jazz is a hatchback designed to maximise its use of available space. Honda’s highly regarded range of passenger vehicles include:

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