The dealer I bought through pushed me off on Wachovia Dealer Services Financing. I thought my credit was good, FICO score currently at 713, but I tried a few local and online places, and I was turned down instantly. My dealer did not even offer Honda Finance. I know there are all special finance deals on everything except the Fit, but what I want to know is what kind of percentage range Honda is offering. I ended up with supposedly 7.9%, but when I punch it the payments & terms into online calculators, I end up wit 8.03%. Should I refinance with someone else?

 

Once I told the Honda finance guy I was getting 4.8% from my credit union he never even mentioned Honda financing.

 

I went through the dealer's finance manager who got me 4.99% for 48 months through a bank. This was last Friday.

 

I wasn't offered Honda finance either. My credit score is around 730 and I got 6.99% through the bank that the dealer finances through (60 month loan). I figure it's not too bad since I'm a student and my annual salary is pitiful.

 

I got 4.4% from a local credit union. When I first was looking at the Fit, two dealership employees told me that they couldn't get anywhere near 4.4%. After I had turned in the loan app, been approved, and was about to get my check from the credit union, the finance guy at Honda called me and asked what rate I was getting. I told him 4.4% and he immediately offered to match it. If they had offered to match it initially, I would have used the Honda financing simply because it would have been easier, but by the time they offered the same rate, I had to tell them it was too late.

 

American Honda Financing has special apr on 09 Fits now, I saw it on edmunds.

 

Sure enough, but the numbers aren't real appealing:
6.99% APR Term: 60 months
7.49% APR Term: 72 months

I would think they are offering a 48m plan as well, but you can certainly do better through a bank/credit union if you have good scores.

It looks like this promo started yesterday.

 

I also just noticed these terms are for the Honda Graduate program only. I believe that is for folks who recently graduated college. WAAAAAAY too long ago for me.

 

You can get even better rate with Honda America if your credit is good.

 

I got 3.75% through my local Credit Union. They had a special on '09 model cars that got over 30mpg.

 

I got my 09 Fit Sport Auto on Friday through Honda Financing
5.5% APR for 60 mos. with 4K of DP. My credit score 653 - not that good so I had to negotiate.
$16890 + ~10% for tax and licenses.

 

5.59 Honda 60 mos, a month ago and rates have been falling this month.
Could be how much you are putting down.
You know that the economic conditions they think will get worse.
Another 1 out of 15 may lose their job. so....if ya got 20% down they feel more secure.
How much you putting down?????

 

i got 7.9 through Honda, but that was with no down payment at all. I feel like if I had gone in with money to put down, I could have done much better, but I am gonna pay the car off early anyway, so i'm not worrying about it.

 

Agree. Auto industry is hurting and dealers are very eager to work with buyers.
Part of me wanted to wait a little while and find out what holiday/year end specials they will offer but I was too excited to get my Fit

 

I got 6.875% through Honda.
Also they said no difference in rate amongst 3,4 and 5 years.
This is with 801 Fico and $5000 down payment.
Ridiculous in my opinion.
Found 4.75% through credit union.

 

FYI, I financed a new Fit with my local credit union around Halloween for 5.65%. 7.9 sounds WAY too high for a good credit customer. This was with little down and for 60 mos.

 

Your rate seems a little high. I financed my Fit Sport with my credit union. My credit score allowed me to qualify for the lowest rate they offered of 5.25% for 60 months.

 

Dealer offered 5.25% initially, bank offered 5.14%, dealer countered with 5.0%. Ended up going with dealer.

 

they told me 7.9 but when i signed the papers i told the guy wait i was told 7.25 and the gave me it !!!

 

I put down $3000 on the base model $15500. I do not have access to a credit union, but I was turned down by several banks, even with a good credit score. Every time a bank checks is a mark against your credit score. Thank God we bailed out all these banks, or credit would be getting tight. I guess that popular "trickle down" method has a prostate problem.