Welcome to Our Financing Department

Welcome to Basney Honda's Finance Department, your auto loan and car lease resource. We're eager to provide financing for your new car, or we can assist in used car financing. Check out our online car loan calculator for an instant car loan rate. Then, proceed to our online finance application.

All types of credit, from good to bad, can qualify for an auto loan. No credit, no problem! We will work with you to secure a no credit car loan if your situation demands it. Basney Honda has strong relationships and is committed to finding you the perfect car loan company to suit your car finance needs. Low interest car loans are available for customers with existing loans. We can help you refinance your car loan or adjust the term of the contract. You're just a step away from approved car financing!

Apply For Financing

New Vehicle Specials

Questions About Buying or Leasing a New Honda Vehicle?  Come to Basney Honda

When it comes to shopping for a new Honda car, truck, SUV, or minivan, the easiest part for some drivers is picking out which vehicle is right for them.  There are plenty of folks who have a more difficult time deciding about their auto financing.  One of the questions we often receive from our customers is regarding the differences between buying and leasing.  It seems everyone wants to know which option is best.  The truth is that both leasing and buying have their benefits and drawbacks.  The key is discovering which option suits you best.  The team at Basney Honda, located at 3820 N Grape Road in Mishawaka, IN, is here to help you determine the answer to that question.

Will Leasing Work for Me?

A Honda lease might be the right choice for a variety of drivers.  There is a lot of misinformation out there about leasing and it can be tough for some folks to distinguish fact from fiction.  Leasing is a financing solution, like the traditional auto loan.  Essentially, a lease gets a driver behind the wheel of a new Honda vehicle for a predetermined mileage limit and number of years.  While many types of people enter Honda lease agreements, many of them share a few things in common, like:

  • Low mileage driving habits.  Most Honda lessees drive 15,000 miles a year or fewer.
  • No, or little, interest in personalizing their Honda vehicle.
  • They enjoy the thought of shopping for a new car every couple of years.

Will Buying Work for Me?

Just like a Honda lease, buying your next Honda vehicle might be the right choice for a large number of drivers.  The traditional auto loan is a concept with which many people have familiarity.  With a car loan, a customer will make monthly payments toward the car for a set period of years until it is paid in full.  As with leasing, people who buy their next Honda car, truck, SUV, or minivan have a few shared traits.  Some of these include:

  • An unpredictable or high mileage driving lifestyle.
  • An interest in personalizing, or adding accessories, to their Honda vehicle.
  • They enjoy owning a vehicle for a long time and have no desire to shop for a new car very often.

The Benefits of Leasing a New Honda Vehicle

When it comes to leasing a new Honda vehicle, many drivers wonder what is in it for them.  Perhaps they have noticed that their friends and family are leasing their new cars and wonder what kind of benefits could lead them to that decision.  The truth is that leasing has grown in popularity for a variety of reasons.  Some of them are because of the perks that come with a  Honda lease.  Drivers who enter a Honda lease agreement will enjoy the following:

  • A low monthly payment on a new Honda car, truck, SUV, or minivan.
  • The opportunity to get their hands on the latest features, updates, and technology every few years
  • Warranty coverage for at least most of the time you have the vehicle in your possession.

The Benefits of Buying a New Honda Vehicle

Leasing has grown in popularity, but there are still many people who opt to go with an auto loan.  Financing a vehicle can be an advantageous decision for a vast array of drivers.  There may be some folks wondering what kind of perks financing has to offer.  Some of them include:

  • Equity in your vehicle after your auto loan is paid in full.  You can use the equity toward a new vehicle.
  • You don't have to be concerned with any mileage limits or restrictions.
  • There is no need to be concerned with damage fees, or any other end-of-lease obligations, when you are financing your vehicle.

Comparing the Options

It is true that both financing and leasing both have their possible drawbacks.  Leasing does have mileage restrictions and potential fees associated with damages and other end-of-lease obligations.  Financing will eventually leave you with a vehicle without a warranty and a higher monthly payment.  Also, you will eventually own a car that doesn't have any of the latest safety, convenience, and luxury features.  When you discover the right financing solution for you, the drawbacks won't seem all that bad.

If you have any questions about buying or leasing, or just want to explore the current Honda financing offers and lease deals, contact the finance center at Basney Honda, in Mishawaka, IN, today to get a step closer to deciding which option suits you best.

How Can We Help?

* Indicates a required field

  1. Basney Honda

    3820 N Grape Rd
    Mishawaka, IN 46545

    • Sales: (574) 256-5550
Loading Map...

Get in Touch

  • Contact our Sales Department at: (574) 256-5550
  • Monday8:30AM - 8:00PM
  • Tuesday8:30AM - 6:00PM
  • Wednesday8:30AM - 6:00PM
  • Thursday8:30AM - 8:00PM
  • Friday8:30AM - 6:00PM
  • Saturday8:30AM - 4:00PM
  • SundayClosed