Buying or leasing a Honda vehicle is serious business, and managing those payments requires an equal level of responsibility. That’s why it’s important to make sure that you have the most convenient and affordable payment options available. Fortunately, Honda makes it easy to do just that. Whether you want to pay online, by phone, or through a third-party service such as Western Union, there’s a Honda payment option that’s right for you.
Founded in 1980, Honda Financial Services is the finance arm of the Honda company. The company offers loans and leases on Honda vehicles at participating dealerships in the United States. It also provides wholesale financing and retail floor plan lending to Honda and Acura dealers and their customers. In addition, it provides consumer automotive financing and insurance products to individuals. The company is headquartered in Torrance, California and has operations across the country.
While Honda is a well-known car manufacturer, it’s also one of the largest credit providers in the world. In the 2021 J.D. Power U.S. Consumer Financing Satisfaction Study, Honda Financial Services came in 3rd place for customer satisfaction, behind Ford Credit and Capital One Auto Finance. The company’s website is easy to navigate and offers a variety of helpful resources, including FAQs, loan calculators, and a live chat. The company also offers a mobile application that makes it easier to manage your account on the go.
One drawback to Honda Financial Services is that it only offers loans and leases on Honda vehicles. If you’re looking to buy or lease a different type of vehicle, you’ll need to find another lender. However, Honda Financial does offer preapproval online which can help speed up the process at the dealer and save you time.
The company’s website is easy to navigate, with a search function and a “Frequently Asked Questions” section. Its online application allows you to check your credit score and dealer inventory. You can also sign up for dealer updates and receive text messages about new vehicle offers. The company has a social media presence as well, with Facebook and Twitter accounts.
The website for Honda Financial Services has an extensive FAQ page that answers many common questions. In addition, you can contact a customer service representative by phone or email. You can also use the website to find a nearby dealer and schedule an appointment. Customers can make payments by phone, mail, or third-party service such as MoneyGram. They can even skip a payment, but they should be aware that it could impact their credit score if it is reported to the credit bureaus. Honda also charges a fee for late payments. This is an incentive to make timely payments and to avoid defaulting on your loan. If you do make a late payment, it’s best to notify the company as soon as possible. They will be more lenient if you give them early notice than if they discover you’re delinquent later on. Honda Financial Customer Service