Honda Financing: Get Car Loans in Durham, NC
Honda Financing: Get Car Loans in Durham, NC
When you buy a car, truck, or SUV from Southpoint Honda, you don't have to go to your bank or credit union for the auto loan. Our dealership offers a finance center on-site. Work with our helpful financial representatives to obtain your auto loan so you can drive home to Chapel Hill in a new Honda today.
Do you want to drive home a new Honda? Take the direct route by applying for your auto loan with our Durham finance center. We honor the manufacturer's special offers and sometimes offer special financing from our dealership.
We work with local banks and credit unions, accepting their loans, but we also work directly with our customers. Our dealership's finance center can often help first-time car buyers or those with average credit obtain a loan so they can drive home to Cary in the vehicle they need.
New and Used Vehicle Financing
We help shoppers in The RTP wanting to purchase new and used Honda vehicles. We also make loans for used cars, trucks, and SUVs from other automakers. Our sales lot carries a vast inventory of vehicles, including used options from an array of model years. We offer auto loans for every vehicle we have in stock near Raleigh.
New Vehicle Leasing
Perhaps you want to motor around Durham in a leased vehicle instead. When you lease a car, truck, or SUV, it's yours for the number of years in the lease, typically three to five. You make a smaller initial payment with a lease and similar monthly payments to a purchase. We offer flexible leasing options, and our dealership honors Honda lease deals. If you lease a new Honda, the paperwork and monthly payments go through our finance center.
Financing vs. Leasing
Why would you choose to finance or lease? When you buy a vehicle, you typically need an auto loan. Few individuals have the tens of thousands of dollars lying around to purchase a vehicle outright. They take out an auto loan to cover the full purchase price. The purchase includes a down payment of about 20 percent of the vehicle's cost and monthly payments in equal amounts.
Leasing a vehicle requires a smaller initial payment called the amount due at signing. Think of it as the down payment. Monthly payments may equal the cost of a purchase monthly payment, or they might cost a little less.
The biggest difference between purchase and leasing comes from what you can do with the car. When you lease, you must keep the automobile pristine and can't change it. When you buy a vehicle near Apex, you can customize or alter it however you like.
Another difference comes from the value of the auto. When you drive a purchased vehicle off the lot, it depreciates about 20 percent. This doesn't occur when you drive away in a leased vehicle. When you turn in a leased auto at the end of a lease, you can buy it or renew the lease and drive home a new vehicle of the same make and model or a different one.
When you trade-in or sell a purchased auto, you typically obtain the current Kelley Blue Book value for it. That's typically thousands of dollars less than you paid for it.
Applying Online
Find out if you qualify for an auto loan and for how much by using our dealership's online application. Wherever you reside in the metropolitan area or state, you can use this form to determine your buying power. Print your documents or save them to your smartphone to have them handy when you visit our dealership.
Visit Our Dealership Today
Avoid the trepidation of leasing a vehicle. Start by visiting our finance center online or in person. When you visit our dealership, test drive your favorite vehicle, then let us help you drive it home. Whether you want a new or used vehicle and whether you want to buy or lease, our financial representatives can help you do it.
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Southpoint Honda
951 Southpoint Autopark Blvd
Durham, NC 27713
- Sales: 984-300-4924
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