No Payment for 90 Days on New 2019 and 2020 Honda Models near Chicago, IL
In a message to its customers, Honda has acknowledged they are aware of the financial stresses currently confronting many due to the situation with COVID-19. In order to help customers deal with issues and lessen the burden, Honda is offering several options.
90 Days to First Payment Program
Those purchasing a new or used Honda vehicle at this time can utilize the 90 Days to First Payment program. The automaker is giving buyers the option of making no payment for 90 days on the purchase of a new 2019 or 2020 Honda model.
To qualify, individuals simply need to have their credit approved through Honda Financial Services. They are then allotted 90 days to provide their first payment. Prospective buyers should note that finance charges will accrue on the full amount financed during deferment. Financing approval can easily be applied for online.
Buyers can also look into Loyalty purchase assistance, which grants $1,000 toward Cap Cost Reduction or Down Payment Assistance with the lease or purchase of a new 2019/2020 Fit, Accord (including Hybrid), Civic (excluding Type R), Insight, Clarity PHEV, HR-V, CR-V (excluding Hybrid), Pilot, Odyssey, Passport and Ridgeline. Note that certain exclusions apply. Contact us for more information.
Those who hold accounts with Honda Financial Services can get available Hardship Help, which includes payment extensions and deferrals. Late fee waivers are also available. Those interested in more information can head to www.hondafinancialservices.com, though patience is appreciated as they are experiencing very high call volumes.
CPO Financing Offers
Finally, Honda is offering special APRs on select Certified Pre-Owned models from April 17th to June 1st. Models on offer include the Civic, Accord and CR-V.
Other offers at Continental Honda that expire on 5/4 include the ability to lease a:
- 2019 Honda CR-V EX-L FWD for $339 per month for 36 months, with $339 due at signing
- 2020 Honda Civic LX Sedan Automatic for $209 per month for 36 months, with $209 due at signing
- 2019 Honda HR-V 2WD Sport for $249 per month for 36 months, with $249 due at signing
*Eligible through 05/04/2020. $1,000 toward Cap Cost Reduction or Down Payment Assistance with the lease or purchase of a new and not previously reported sold 2019/2020 Fit, Accord (including Hybrid), Civic (excluding Type R), Insight, Clarity PHEV, HR-V, CR-V (excluding Hybrid), Pilot, Odyssey, Passport and Ridgeline to qualified current owners of any 2009 or newer Honda vehicle. Must provide proof of ownership of eligible vehicle in the form of a current vehicle registration or proof of valid auto insurance. Not compatible with Zero Due at Lease Signing leases or other Loyalty offers. Used, Honda Certified Used Car, Fleet and Honda Courtesy Car Program vehicles are NOT eligible. No trade-in required. Offer excludes recent purchase and is transferable among members of the same household when the retail delivery registration address matches the current address on the proof of ownership document. Not redeemable for cash. Incentive paid to dealer and requires dealer participation. Not all customers qualify. See your participating Honda dealer for details. Only one $1,000 2019/2020 Fit, Accord (including Hybrid), Civic (excluding Type R), Insight, Clarity PHEV, HR-V, CR-V (excluding Hybrid), Pilot, Odyssey, Passport and Ridgeline Loyalty offer per eligible new vehicle. Offer may be terminated at any time.