Honda helps credit challenged buyers by continuing to offer a Carfax vehicle history report with all Honda certified used cars
What we see
Here at Auto Credit Express we see that Honda has extended its contract with Carfax to supply vehicle history reports for all Honda certified used cars – a step we see as continuing to offer peace of mind to car buyers with bad credit.
Honda Certified Used Cars
That’s because most consumers with credit issues tend to finance used cars because they’re more affordable. But once they receive an approval and decide a used car is the best way to go, they may then be given the choice of either aregular or certified used car.
Certified used cars (called certified pre-owned or CPO) are used cars of the same make as the new cars sold at the dealership received as a trade in, off-lease, or from an auction that meet certain mileage and age requirements that qualify for a program inspection.
Following the required replacement of specific worn, broken or defective parts it can be sold under the manufacturer’s certified used car program with a manufacturer-backed used car service contract. CPO cars are also sold at a premium, because of the added costs, over similar non-certified used cars.
Earlier this month, Carfax announced that it would be extending its ten year relationship with Honda.
About the Honda Certified Used Car Program
Certified pre-owned Hondas must be 6 years old or newer with fewer than 80,000 miles, and the program includes
- 150-point mechanical and appearance inspection
- 7-year/100,000-mile Powertrain warranty from the vehicle’s original in-service date
- 12 months/12,000 miles (whichever comes first) non-powertrain warranty from the original warranty expiration date or, if the original warranty has expired, from the Honda Certified Used Cars purchase date.
- $0 deductible
- Carfax Vehicle History Report
- Warranty is transferable
- Roadside Assistance
- XM Satellite Radio 3 month trial service (on vehicles so equipped)
The Bottom Line
By offering certified used cars with a free vehicle history report, Honda continues to give consumers with less than perfect credit even more peace of mind – which is always a good thing when it comes to buying a vehicle from a dealership, bad credit or no.
Another good thing: Auto Credit Express matches applicants with credit issues to those franchised new car dealers that can offer them their best opportunities for approved car loans.
So if you’re ready to reestablish your credit, you can begin now by filling out our online auto loan application.
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