If you are thinking about buying a motorcycle, know that financing can help you. Especially for those who need to buy a vehicle but don't have the cash to pay outright, for example.
And when the subject is motorcycle financing, one of the companies that are known for offering this type of service is Honda. So today we're going to talk a little about the Honda motorcycle financing, how it works, how to apply and if it is worth it.
About Honda
THE Honda Motor Company, better known as Honda, is a company known for manufacturing motorcycles and automobiles. It was founded in 1946 in Japan. Today, the company also offers other services besides vehicle sales, such as financing and loans. Honda Bank.
How does Honda motorcycle financing work?
Node Honda motorcycle financing, it is possible to buy a Honda motorcycle at more affordable prices, based on a credit analysis of the customer. The entire process is done through Honda Bank.
THE Honda motorcycle financing is offered in two financing options, either for cars or motorcycles, Direct Consumer Credit (CDC) and Evolution Honda, check it out below:
Direct Consumer Credit (CDC)
THE Direct Consumer Credit or CDC, The customer can apply for a loan with the bank to finance a motorcycle. After that, the customer must pay monthly installments until the motorcycle can be transferred to their name. This way, it's as if the motorcycle were leased by the customer for a certain period.
In this type of Honda financing, it's possible to find more flexible installments and terms. Additionally, customers can choose to pay several installments in advance to reduce their bank debt.
Evolution Honda
Node Evolution Honda, the customer can make a down payment of between 50% and 60% of the motorcycle's value. Then, they must pay fixed installments over 23 or 35 months after 120 days.
Furthermore, as the customer has the option to pay at least 50% of the motorcycle's value, this type of financing can be cheaper and is unlikely to harm your budget.
How to apply for Honda motorcycle financing?
To request the Honda motorcycle financing, just access the website Honda. On the website, you can access the menu in the left corner and select the option “Financial Services and Financing”.
Next, you can select the model and year of your motorcycle. Then just wait for the financing proposals that Honda Bank will send it to you.
Additionally, it is also possible to do a simulation within the website. Honda, where the customer can select the car or motorcycle model, installment options, etc. Then, it is possible to register to obtain these proposals.
Is Honda motorcycle financing worth it?
One of the main attractions of Honda motorcycle financing is that the interest rates are the lowest on the market. What's more, financing of Honda They have a very flexible payment term of up to 60 months and you can request everything online.
Additionally, the customer can purchase a brand new motorcycle and simulate how financing for the chosen model would work.
Furthermore, the company Honda is among the four most affordable motorcycle manufacturers on the market. And it's a great opportunity to get a motorcycle from a brand at a lower price.
Fees and interest
Node Honda motorcycle financing, the interest rate charged is approximately 1,95% per month and approximately 23,40% annually. So, if you are looking for good deals to buy that motorcycle you want so much, you can already consider receiving some proposals from Honda!
Services
If you have any questions about the financing, just contact us by phone 0800-774-6633. You can also access the website of Honda, where you can ask all your questions via virtual chat or go to one of the stores in your city.