How Does Honda Financing Work
Honda offers financing on new, used, and certified pre-owned (CPO) Honda vehicles. Learn about the different ways Honda Financing benefits you!
Honda Financing Overview in Peoria
If you’re interested in buying a Honda, here is what you need to know about Honda financing:
- We offer various APR financing deals that typically range from 24-72 months. To see what our current APR financing offers are, visit our current Honda offers page or stop into our Central Illinois Honda Dealers
- CPO Honda models may qualify for financing as well as new vehicles
- Customers can get pre-approved online
Honda Financing Deals
Here are some of the Honda offers we have available at our Central Illinois Honda Dealers:
- Military discount of $500* to members of the U.S. armed forces who are active, honorably discharged, retired, or on disability. This also is given to their spouses.
- College Graduate Program where you can get $500** if you graduated from college within the last two years or are going to graduate in the next six months.
- Mobility Assistance Program offers reimbursement for the purchase and installation of equipment approved by the National Highway Traffic Safety Administration.
- Honda also offers Loyalty benefits to anyone who purchases or leases a new Honda or Acura vehicle within 30 days of turning in a lease.
Benefits of Honda Financing
Honda Financing is beneficial for various reasons. It is convenient and efficient, which makes your life easier. Honda financing makes your car-shopping choice easy! Additionally, the ability to get online preapproval saves you time and energy. Honda offers low APR and financing deals on its vehicles, which many other companies do not provide. Honda financing will also improve your credit in the long run, opening up new opportunities for you!
Visit your Local Central Illinois Honda Dealer to Learn More About Honda Financing
Learn more about why Honda Financing is the right choice for you by contacting or visiting your local Honda Dealer in Central Illinois!
*The Honda Military Appreciation Offer is limited to the 48 U.S. contiguous states, Alaska and Hawaii. (1) For well-qualified clients who meet the Military Appreciation Offer criteria, subject to approval by Honda Financial Services (HFS). Bonus offer applies toward any new 2022 model year or newer Honda that are eligible for new vehicle rates when financed or leased through HFS. Vehicle must be new, unregistered and not previously reported sold. Only offered at participating dealerships. One $500 Military Appreciation Offer per vehicle. LEASE: $500 applied toward the cap cost of vehicle. Monthly payment and total due at lease signing are calculated after $500 reduction. Cannot be combined with Zero Due at Lease Signing program. PURCHASE: $500 applied toward down payment. (2) This offer applies to active duty and ready reserve personnel and their spouses. This offer also applies to eligible U.S. Military Veterans and their spouses within two years of separation from active service. U.S. Military Retirees are also eligible regardless of the date of separation from active service. Spouses of U.S. Military Retirees are only eligible within one year of their spouses’ separation from service. All spouses must present proof of relationship. Gold Star Family members must provide official military service documentation supporting Gold Star Status. Please see dealer for list of accepted documents. (3) A valid Military Leave and Earnings Statement (LES) is required as proof of eligibility. During the term of a retail installment finance contract or lease with HFS, the Buyers may not take their vehicle outside of the United States without the prior written consent of HFS. During the term of the retail installment finance contract or lease, Buyers must notify HFS immediately of any change in Buyer’s address. Offer valid through April 03, 2023, unless terminated earlier by HFS.
••The Honda Graduate Program is limited to the 48 U.S. contiguous states, Alaska and Hawaii.  For well-qualified customers who meet Honda Graduate Program criteria, subject to approval by Honda Financial Services (HFS). Bonus offer applies toward any new 2022 or newer model year Honda when financed or leased through HFS. Only offered at participating dealerships. Only one $500 Honda College Graduate Bonus offer per vehicle. LEASE: $500 applied towards the cap cost of vehicle. Monthly payment and total due at lease signing are calculated after $500 reduction. Cannot be combined with Zero Due at Signing Lease program. PURCHASE: $500 applied towards down payment. Offer not valid on Honda Certified Pre-Owned Vehicles or used Honda vehicles. Offer valid through April 3,, 2022, and may be terminated at any time.  Verifiable proof of employment or firm commitment from an employer with start date no more than 120 days from date of finance contract. Must have graduated in the past two years or will graduate in the next six months. No adverse credit history. Master’s, Bachelor’s or Associate degree from U.S.-accredited college or registered nursing school. Provide Honda dealer with credit and document requirements.  Option to defer first payment 90 days (60 days interest-free) is only available with traditional financing (not leasing).