Finance
Finance Department
Honda Dealership in Ellicott City, MD
Auto Financing at O'Donnell Honda in Ellicott City, MD
Found the vehicle you been dream of? Get all of your financial questions and paper work done at O'Donnell Honda in Ellicott City, MD. We make buying a car fun! Are you a drive in Ellicott City, MD trying to find a new vehicle? At O'Donnell Honda our auto financing staff is ready to help, whether you're shopping for a new or used car. In order to assist all of our Baltimore, MD clients in obtaining the greatest bargain, we provide a full range of extensive financial services. To give Columbia, MD residents the confidence they need to apply for Honda auto loans, we also offer wise car-buying advice. Find out more about used vehicle finance, the advantages of financing a Honda over leasing, and other topics below!
Auto Loans
The O'Donnell Honda finance department is focused on ensuring your experience with our dealership exceeds your highest expectations. Our friendly finance managers work with people from all over including Baltimore, Columbia, and Ellicott City to ensure our customers get the right finance program at the most competitive rates.
We strive to work with each customer to ensure their satisfaction. We have financed customers from Catonsville to Elkridge. Whether you are right down the road or an hour away from Baltimore you can use our quick pre-approval form to qualify for one of our finance programs. Additionally, we provide you with a payment calculator to estimate your buying power and monthly payments.
How is your credit?
Whether it is perfect or not so great, we can custom design the right financing package for your next vehicle purchase.
The O'Donnell Honda loan process can help you find the best interest rate for your next vehicle purchase.
Try our FREE credit application today!
Great New Vehicle APR!*
Competitive Used Vehicle Rates*
We have hundreds of new and used Honda vehicles for immediate delivery and access to some of the lowest interest rates in the business. *Rates subject to change. Please see dealer for up to date rates.
Due to our special arrangements with local and national lenders, we can help you get the new or used vehicle you deserve. Whether your past credit is near perfect or not so perfect, we can help!
Complete our FREE credit application and our team of finance professionals will begin working for you. We have hundreds of Honda vehicles currently available for immediate delivery.
Have you been turned down before? We can help. We have programs to help you get into a car and rebuild your credit. We are able to overcome most credit problems.
To get started, fill out our FREE credit application online.
Once the application is completed, the O'Donnell Honda finance team will put together a loan package that is tailored specifically for you.
Our Financial Services Include:
- Competitive rates direct from the manufacturer and local Maryland banks
- Quick approvals
- Value-added services to protect your vehicle investment
- Extended warranty programs
- And many more finance programs to fit your needs
We are always happy to answer your questions so please don't hesitate to contact us today!
Honda Buying Vs. Leasing Options
When it comes to their next car update, the majority of Baltimore, MD consumers will eventually choose between financing and leasing. While both has advantages of course, some drivers may find that Honda financing is more reasonable, while others may be better off signing a lease. Your needs for an Honda, your budget, and your lifestyle will all decide the best way to make a purchase. You may decide which path is best for you with the assistance of one of our knowledgeable financiers. The following is a summary of the main advantages of leasing vs owning for people who are unsure:
Top Reasons To Finance Your Honda:
- Allows for customization with colors, parts, and accessories.
- Freedom from mileage limits.
- Ability to sell the car whenever you decide the time is right.
Top Reasons To Lease Your Honda:
- Access to automotive upgrades every few years.
- Minimal downpayment requirements.
- Low monthly payments and maintenance costs.
Car Financing Vocabulary
Here's a short list of the most common terms used during the finance process for you to know:
APR: The Annual Percentage Rate
Assignment: A transfer of a loan from one lender to another
Base Price: The costs of a car with standard equip incentives & freight
Certificate of Title: A Legal document issued by a state at the time of sale.
Co-signer: A person who takes on a loan if the orig. borrower stops pay
Default: Failure to meet the terms of the loan
Interest: A percentage charge for a loan
MSRP: Manufacturers Suggested Retail Price
Refinance: When one loan is used to pay off another
Term: The length of the loan, 24, 48, 60... months
Underwriting: Verifying the data used to obtain a loan