What are the credit scores for trying to get a Honda if anyone knows?
2007-03-15 04:46:14 · 5 answers · asked by TXHIMstudent83 1 in Cars & Transportation ➔ Car Makes ➔ Honda
my daughter was able to buy a new honda civic 3 years ago with not very good credit. she had outstanding student loans and other debt. The interest rate on her loan is almost 15% and it is for 5 years and the loan was from Honda Finance. the higher your credit score the lower your finance charge. I quess she could get the loan as she finally had a good paying job. We also had bought alot of cars from this dealer so the finance dept went to bat for her. Good luck
2007-03-15 05:31:00 · answer #1 · answered by nj2pa2nc 7 · 0⤊ 0⤋
You should have a good credit score no matter what. Just becuase it is a Honda does not mean you do not have to have a good credit score. Anyway if you do not have a good enough credit score you will be paying more, no matter if it's a Honda or any other car.
2007-03-15 11:52:20 · answer #2 · answered by Anonymous · 0⤊ 0⤋
i own a shop,and anybody with fair credit can get a loan for a Honda,there no different than any other car when it comes to credit scores,anything above a 700 will get you a pretty good deal with credit,i have customers who drive new Honda,s that have filed bank rupcy before ,so you can get a loan for one if you want one,the interest may be a little high,but you can still get it,good luck i hope this helps.
2007-03-15 11:54:32 · answer #3 · answered by dodge man 7 · 0⤊ 0⤋
You can buy a car regardless of your credit score all it really means is they will find you a lender that will take in a high risk loan and charge you more on interest and fees.
Basically you will get nickled and dimed to death if you have bad credit.
2007-03-15 11:54:31 · answer #4 · answered by Anonymous · 0⤊ 0⤋
no u can go under the first time buyer program and they will cut u a break
2007-03-15 11:50:04 · answer #5 · answered by m16_78250 1 · 0⤊ 0⤋