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Throughout the car shopping experience, there are many important decisions that will have to be made. At MotorWorld Honda, our team will walk you through each step of the process, including Honda financing.

Why should you finance your next vehicle? Our team shares three key motivators of our customers. 

Reason #1: Ownership 

One of the primary reasons that drivers choose to finance rather than lease at our Honda dealership in Wilkes Barre, PA is ownership. Financing is borrowing money from a financial institution to cover the total cost of a vehicle and paying it back over a set period of time, which is usually five to seven years.

Once the loan term is complete and all payments have been made, the driver is officially the owner of the car.

Reason #2: Freedom 

Since financing a Honda CR-V makes you the official owner, you have the freedom to do what you please with the vehicle. There are no mileage limits, so long road trips are not out of the question. If you would like to add custom elements to your vehicle, financing allows you to without consequence.

Reason #3: Credit 

Making your car payments on time each month will help increase your credit score. Lenders trust higher credit scores, as they show the consumer is low risk and trustworthy for paying the money owed back in a timely manner.

If you plan to make another large investment in the future, such as an additional vehicle or house, your increased score will enhance your borrowing power and will be beneficial in securing lower interest rates. 

Learn More Benefits Today

To learn more about financing your next vehicle, visit our team at MotorWorld Honda. We look forward to working with you and finding a Honda model that not only meets, but exceeds, your expectations. See you soon! 

Categories: Finance