Welcome to the Honda of North Hollywood Finance Center
At Honda of North Hollywood, our Honda auto finance team works hard to provide a network of lenders who deal with all types of credit. One of our primary goals is to deliver affordable rates with optimal terms for all our Los Angeles customers. After you've browsed our inventory of new and used vehicles and you've narrowed down your selection, you'll meet with one of our expert finance team members to sit down and work out the specifics of your Honda auto finance terms. We look into every available offer to generate the maximum amount of savings possible.
To better prepare yourself for taking on a new payment each month, we provide the following tools for your convenience:
Monthly payment calculator gives you a good idea of what your monthly loan obligation looks likeOur value your trade tool gives you insight into how much working capital you can put towards your new car, truck, or SUV. Finance tips and tricks are meant to provide guidance to help you navigate the car-buying process.
Did you know that you can reap the benefits of our extended warranty options on our Certified Pre-Owned models? That's right - when you're finalizing the sale of any of our CPO cars, trucks, and SUVs, don't forget to get the specifics on the extended warranty coverage.
Are you in a position where a car lease in Los Angeles might be of better service to you? What's the difference between Honda auto finance and a car lease in Los Angeles?
Honda Auto Finance vs. Car Lease In Los Angeles
Honda auto finance and car lease in Los Angeles both provide opportunities to drive home one of our fantastic new models. However, the terms of these two purchase methods contrast significantly.
Honda auto finance is usually better suited for drivers who prefer to stick with a new vehicle for an extended period and don't plan on upgrading for a while. Depending on your credit, Honda auto finance usually requires a down payment, with higher monthly payments than a car lease. The upside to this is the fact that when your Honda auto finance period is over (60 months, 72 months, etc.), you are the outright owner of the vehicle.
A car lease in Los Angeles is when you are essentially renting a vehicle for a period of time until the lease is expired. When you lease a vehicle the payments don't go toward loan repayment. Instead, you're paying back what the estimated depreciation on the vehicle would be. At the end of the loan period, you can either pay off the remainder of the estimated value and purchase the car, lease a new vehicle, or take no action at all.
Typically, those who take advantage of a car lease in Los Angeles travel a lot for work or prefer to have the most upgraded version of their favorite models and the latest technology. The clear advantage of Honda auto finance is the fact that your payments are actually going toward owning the vehicle. A car lease in Los Angeles might bring a lower monthly payment - but your payments aren't going toward the actual cost of the car.
You Can Count On Our Auto Loan Financing Experts at Honda of North Hollywood
Our auto loan financing experts are well-versed in the field of automotive finance and can help you decide which scenario works best for you. See us in person, and let's take the next step in getting you behind the wheel of the car you've always wanted.