My experience was buying a car and not leasing. Because the deal at American Honda Financial was for buying not leasing that I received . I have been reading alot on auto financing /Capital One/American Honda Finance on here. This is my first post. In mid June I recently was approved and boughta 2015 Honda Civic from my local Honda Dealership. My last car purchased in 2005 was paid off. I have had some credit challenges, Rebuilding my credit.I actually have to new of credit hey said . Last year I was going to buy a car and was approved for Captial one at 19 %. I held off and this year I went to the dealership near me because my friend had bought 9 hondas with them. I was put in touch with the salesman that he worked with. I told the guy my concerns about being approved and interest rates an so on. I told him my story. He ran my credit. Although Credit Karma has way different scores then true trans union and equifax . I am in the 608 Trans Union and 590 Equifax. On credit Karma they are 40-50 points less. I had $4000 to put down on the car if needed. Because of some financing special and my credit tier for American Honda Finance I was advised I could get 5.9% which way suprised me because of what I was qualified for by Capital one last year and my previous car loan. By the time it was all said and done my rate for American Honda Finance is 4.9 %. I definately was skeptical leaving he dealership with the car. The finace guy called me by Tuesday, I went into Dealership on Saturday, he told me he talked to American Honda FInancial there was a little bit back and forth, I was approved at the 4.9%, Which they had my loan fully approved in 2 days. I'm not sure how it was possible and if their still having the special but you should ask if anyone is reading this.
