Acura Financing

If you are considering an Acura, you must check out Acura Financial Services (AFS). They offer great deals on luxury automobiles. However, don't panic or be surprised if the Acura website takes you to Honda Financial Services; they are sister firms.

Acura Financing Options

Buying an Acura

Acura Finance deals and discounts depending on your area, credit score, and chosen car. Acura also offers low-APR options on new and CPO vehicles, such as 2.9% for 60 months and 0.99% for 36 months.

Acura Finance Services does not provide clarity or define a qualified buyer. However, lenders often prefer buyers with good credit history, high credit score, low debt-to-income ratio, and proof of employment.

Getting your loan pre-approved can save you time at the dealership. Also, it will let you know your rates and terms. Pre-approval of your loan is easy, and you can complete it within 24 hours. A competitive lender may offer a better price if your loan is pre-approved.

Leasing an Acura

Acura leasing can allow you to drive a nice car while lowering your monthly payment. Acura leasing offers multiple annual mileage options: 7,500, 10,000, 12,000, and 15,000. Miles-driven affect your payment.

Mileage overage fees depend on the car's MSRP. Vehicles under $30,000 incur a 15-cent-per-mile penalty, while those over $30,000 incur a 20-cent penalty.

The typical lease duration is 36 months. However, you can lease for 24 to 60 months. Acura leases new and old cars and offers attractive incentives like mileage forgiveness.

Advantages and Disadvantages of Acura Financing

A Closer Look at Acura's Financing

Acura Finance offers a great deal throughout the year. So, you must be aware of when each deal expires. This will let you make the best of the offers. However, you may qualify for other special financing options that Acura offers to only a set of buyers.

• Military Appreciation - $750 off certain models for active-duty military, their wives, veterans, and retirees within two years from active service, and Gold Star family members. This deal covers AFS leasing and financing.
• Graduate Offer - If you have completed college from an approved university within the past two years or are a student awaiting graduation in six months, you can receive $500 off on certain Acura models. You must, however, submit your graduation or college transcript to qualify.
• Loyalty Appreciation - If you currently own an Acura model within 10 model years, you get $1000 off on select vehicles. There is no need to trade in; just confirm your ownership.
• Lease loyalty rewards - If you return one and lease another Acura, you may be eligible for loyalty perks. This includes forgiving up to 7,500 miles overage, a waiver of up to $750 on excessive wear and tear, and more.
• Acura Mobility Program - Acura owners and lessees with physical limitations may receive up to $1,000 for aftermarket adaptive equipment installation.

How to Apply for Acura Financing

You can easily get your Acura financing pre-approved. Follow these steps to get your credit application process on the fast track.

• Individual applicant information: Employment and Social Security numbers.
• Vehicle information: Model and down payment, if known.

Even with pre-approval, AFS is an indirect lender; thus, final numbers and payments must be made at a dealership.

How Acura Financing Compares

Even though Acura Finance Services offers great deals on buying and leasing Acura models, it is always best to compare them with other lenders and brands. Analyze all options before finalizing one.