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1 Dover Point Rd, Dover, NH, 03820


Welcome to the Dover Honda Finance Center

Finance or Lease a Honda near Hampton, NH

Don’t let the MSRP of the vehicle you’ve fallen in love with fool you. It’s easy to be thrown off balance by sticker shock, but when you consult with the friendly members of the Dover Honda financing department, you have nothing to fear. We’re here to help you get that new set of car keys, and we can’t wait to get started.

Once you’ve browsed the showroom and inventory of new and used vehicles at our Honda dealership in Dover, NH, you probably have narrowed down your options to a couple of promising models. We’ll aid you in deciding which one to acquire, and then we’ll help you figure out how you’ll pay for it. Our finance professionals listen to you and learn about your lifestyle, budget, needs, occupation, and more so that we can help you decide between leasing and financing your next vehicle. Even if you're trading in a financed vehicle, we can help you navigate that process, as we work with our wide network of lending institutions to find the best lease or loan terms for you. After that, it’s a simple matter of wrapping up the paperwork, deciding on insurance options, and taking home your new set of wheels. Then you can drive it all over and handle every one of your errands, paying an affordable price each month to repay the loan or lease the vehicle. Getting the ride that you need is easy at Dover Honda -- pay us a visit and see for yourself!

Before Applying for Honda Financing

There are many ways to better prepare yourself for Honda financing before arriving at our dealership. Do some research on auto loans like simple interest loans! Before you can decide what vehicle to purchase, you'll first need to know how to qualify and what your credit report looks like. Negative information, such as high credit card balances, late payments, or errors can make it nearly impossible to get credit. A poor credit score can greatly raise your finance rate, making the vehicle you thought was affordable suddenly out of your price range.

Once you have an idea of what creditors are seeing, you can estimate a price range. Check out the internet and auto buying guides to find vehicles that match your needs and price range. If you have less than perfect credit or a particularly tight budget, this step is very important. Be sure to compare current finance rates being offered by different banks, credit unions, and dealerships. The worst thing a buyer can do is get locked into a finance plan they can't afford because they are confused or pressured. Being knowledgeable about your options and limits is the best way to combat this.

What is My Credit Score?

A credit score is a three-digit number generated by using the information in your credit report. It's designed to show creditors, like banks and finance companies, the risk or likelihood that a person won't repay their loan and become delinquent. The FICO credit is the most widely accepted, being used by about 90 percent of money lending institutions. FICO scores range from 300 to 850, where a higher score indicates a lower risk and therefore a more favorable loan.

The largest percentage of your credit score is your payment history, including any delinquencies on past loans. How much you owe on other loans and accounts is also heavily weighed. Less important, but still included in your score, is the length of your credit history, the type of credit you've used in the past, and the number of new credits you've applied for. If you aren't careful, applying for credit too often can bring down your credit score. All of these factors combine to give everyone a unique and specific score.

Honda Financing for Less than Perfect Credit

Less than perfect financial history is easy to acquire and hard to rid yourself of. This can be a huge problem when it comes time for a large purchase, such as a home or vehicle. Although it is more difficult and time-consuming, it is not impossible to be financed with less than ideal credit. You will need:

- a valid driver's license

- recent pay stub

- proof of residence

- a current phone bill to get started.

Through our online loan application, our financial experts can evaluate your credit history, work history, and income to determine the best rate for your situation. We'll do everything possible to help you obtain the auto loan that you deserve.

Paying your auto loan on time is one of the most important factors lenders use to determine your credit score. Essentially, financing your vehicle in a smart and affordable manner will help re-establish your credit.

Used Car Financing

Many banks and other lenders require a 20% down payment, making a new vehicle out of many people's price range. Additionally, buyers with credit challenges will probably find better loan options in the used-vehicle market. Although the interest rate is often higher for a used car, the actual price of the car is significantly lower and therefore gives the consumer a greater chance of being approved for the loan.

Keep in mind, vehicles that are over seven years old may not qualify for financing. Also, new cars can be financed for a longer term than used cars. The math is simple; if you finance a six-year-old car for 66 months you'll be making monthly payments on a car that's over 11 years old! It's unlikely to be a sound investment, and therefore not usually approved.

At Dover Honda, it's fast and easy to get approved for a car loan with our Honda financing center. We understand that dealing with past credit problems can be stressful and embarrassing, but we can help consumers with just this type of situation. Come into our Dover, NH dealership or contact us today find to out what we can do for you!

Phone Numbers:Sales Hours:
  • Mon - Thu9:00 AM - 7:00 PM
  • Fri - Sat9:00 AM - 6:00 PM
  • SunClosed
Service Hours:
  • Mon - Fri7:00 AM - 6:00 PM
  • Sat8:00 AM - 5:00 PM
  • SunClosed

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Dover Honda 43.1757948, -70.8672731.