Honda of Stevens Creek
4590 Stevens Creek Boulevard San Jose, CA 95129Sales: 800-715-5242
- Service: 800-734-0360
- Parts: 877-697-6464
Auto Loan and Financing Center
Car Loans in San Jose
At Honda of Stevens Creek getting an auto loan in San Jose is quick and easy. We have all the tools, information and expertise to help you determine your budget and get you into that new or used Honda you have always dreamed of. Our financial experts can help anyone get a car loan, even with bad credit. We also handle refinancing and work with a variety of lenders to help you pay for your car, truck, van or SUV. If you have a trade in we can help with that too. We make the finance process easy!
You can apply online for a car loan in San Jose with our online finance application form. It's secure, and when we receive the application, our staff will look it over contact you as soon as possible.
If you would like to contact a member of the Honda of Stevens Creek financial team online you can use our contact form. You can also call us at (408) 247-2550 or stop by Honda of Stevens Creek by using our easy to follow directions.
Lease vs. Buy
Whether you lease or buy a new car, you must know which fits your situation best. When you buy a car, you pay for the whole vehicle. You will usually make a down payment, pay the sales taxes in cash or roll these taxes into your auto loan and pay an interest rate. You usually will make your first payment a month after you sign your contract. This option is great if you like to keep your cars for a long period of time and have a need to put unlimited miles on the vehicle.
When you lease, you are paying only for what you use. You do not have to have money to put down, you typically only pay sales tax on your monthly payments, and are charged with a money factor that is similar to the interest rate on a loan. You make your first payment at the time you sign your contract.
We are ready to make your auto buying experience a stress free one. Our staff, online or onsite, is ready to help you!
Financing Navigation
Contact Information
- Honda of Stevens Creek
-
4590 Stevens Creek Boulevard
San Jose, CA 95129 -
- sales Sales:
- 800-715-5242
- phone2 Service:
- 800-734-0360
- phone3 Parts:
- 877-697-6464
Finance FAQ
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Tip!
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Tip!
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Tip!
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
Tip!
Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.
Tip!
Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.
Tip!
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
Tip!
Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.
If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.