339 Princes Hwy, Banksia NSW 2216 - Ph: (02) 9599 4888

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Collins Honda

Applying for Honda Finance

A hand reaching out to accept car keys

Why choose Collins Honda to purchase your new or used car? Well, we offer tailor-made finance solutions when you buy with us.

Our dealership is proudly partnered with St George Bank. This allows us to provide flexible and competitive financing solutions. We’re here to make your life easier, whether you’re purchasing a Honda for yourself, your spouse or your business.

If you haven't considered the benefits of financing before, start thinking about it. Our lending experts can answer any questions you have and your odds of approval are pretty high. We approve more than 95% of finance applications because we want to get you on the road!

Car Loan Considerations

If you are looking for finance solutions to fund a new or used vehicle, there are a few things you should consider.

First, how is your credit? If it is not at its most flattering, you might want to make some changes, either by correcting any errors or by improving your credit usage behaviour.

As you consider what make and model of Honda you want, you should take into account things like depreciation of the vehicle over time, possible interest rates on the loans and possible insurance premiums for the type of car you want. You might also want to consider the cost of petrol and how much you intend to drive each week. On that same note, find out if there are any government incentives for getting one car over another.

Types of Finance Solutions We Offer

At Collins Honda in Sydney, we offer a range of finance solutions including Consumer Loans, Chattel Mortgages, Finance Leases and Novated Leases. You can find the following information on our finance and insurance page:

Consumer Loans

Suitable for non-business customers:

  • Choose from a range of deposits
  • Choose the length of your loan – up to 7 years
  • Fixed interest rate
  • Regular fixed monthly instalments
  • Add flexibility by tailoring your final instalment

We have a range of financial solutions available exclusively to businesses.

Chattel Mortgage

Offering tax effective advantages that assist with your cash flow:

  • Tailor your contract term – up to 5 years
  • Nominate a larger final repayment to lower your monthly instalments
  • Cash flow-based flexible arrangements reduce your repayments
  • Seasonal payments
  • GST refund can be put towards the loan

Finance Lease

Minimise your upfront costs:

  • Payments can be made in advance or arrears
  • Tailor your contract term – up to 5 years
  • Residual value reflects usage and ATO guidelines
  • GST is included in each rental and the residual value
  • Claim your costs as an Input Tax Credit, if your business has an ABN
  • If the vehicle is used solely for business purposes, a tax deduction of the entire rental may be applicable
  • A range of choices are available at the end of your contract term

Novated Lease

Allow employees to salary package their vehicles:

  • Tailor your contract term – up to 5 years
  • Monthly rental payments with a final residual payment
  • Residual value based on the minimum stipulated by ATO
  • Payments are taken from the employees pay, reducing their taxable income
  • Employer pays the full monthly rental, including GST, and may be able to claim the GST as an Input Tax Credit

CTA: To obtain pre-approval, please complete the form on this page or give our finance team a call on 02 9599 4888.