![]() Its estimate calculator makes it easy to compare the potential cost of Carvana financing with other lenders. If you're purchasing a used car from Carvana, you can also secure a loan for it through Carvana. You can finance a used car through a few different providers. See more car loan options todayĬompare car loans to find one that fits your budget. Plus, once you're armed with a preapproval, the car dealership now has a loan to beat if they want your financing business too. Compare car loans from a few different lenders, including large national banks and small community banks or credit unions. Lenders set their own interest rates and loan approval criteria. New car loanĪnother option is to take your auto loan into your own hands and shop around for the best rate. So instead of getting a loan through an independent car dealership, Honda Financial Services would act as the middleman to finance your new wheels. Honda's seamless shopping experience also offers online loan approval from multiple lenders. You can also buy your new CR-V straight from Honda through its network of participating dealers. So if you don't have excellent credit of 740 or higher, you'd end up with a higher rate. However, this attractive rate is reserved for well-qualified buyers. For example, you might be able to pick out your vehicle and get a 1.9% interest rate on a 72-month loan for a 2020 Honda CR-V from the same dealership. In fact, dealers profit when you finance through them, which could mean higher interest rates or add-ons you don't really need. Dealers may also advertise trade-in deals and rebates to entice you to finance your car through them.īut dealership financing may not always work in your favor. You'd purchase and finance your Honda CR-V all in one sitting. Dealership financingĭealer financing is a convenient way to fund your purchase because everything happens in one place. That means you don't have to finance through the same dealership where you're buying your car if you don't want to. You have several options when it comes to financing your new Honda CR-V. If you're trying to get your hands on a new or used Honda CR-V, here are several ways you can finance your new set of wheels. News and World Report and Kelley Blue Book's Best Buy Award. The 2020 CR-V was awarded Best Compact SUV for the Money by U.S. The Honda CR-V is a compact SUV that's no stranger to accolades.
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