Auto Loans

[meka1984]

I have a 2010 Honda through Honda Financial and I am trying to get an Acura TL. We only have 1 car and need another. So, the dealer says Acura may not finance you bc you have a Honda account. What???!!! Please help me. I have never been late on my Honda. Is this accurate?

[HoldingOntoHope]

Have you tried talking to another dealership? If you have never been late and your income can support the car note what the dealer said makes no sense.

Edit to add: I believe from reading your post again that you are still paying on the first car. Is it possible that you have too much negative equity in the loan that they can not secure the financing?

[sccredit]

I think he is actually trting to purchase a second vehicle, in addition to the first.  If income will supoort it I don't see why it should be an issue.  Maybe look at another dealer or brand?  Local CU?

[creditwatcher2012]

You should be fine obtaining anther loan through America Honda, granite your income had to warrant it

[dabrian]

As long as your income can support both cars it won't be a problem.