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Honda got its start in post-war Japan manufacturing motorcycles. Since then, it has grown into one of the world’s leading auto manufacturers, known for innovation, sporty engines, and green technologies.
Honda began operating in Australia in the 1950s, and today sells cars, motorcycles, marine engines and power equipment to the Australian market. There are over 100 Honda dealers around Australia, each with a range of vehicles available to suit your needs.
About Honda’s cars
Honda’s range of passenger vehicles have a reputation for reliability, affordability, and innovation. Models in the Honda range include:
- Honda Jazz hatchback from $17,990, for making maximum use of available space.
- Honda City sedan from $17,990, designed for urban living and driving.
- Honda Civic, available in sedan and hatch (including the Type R hatch) from $23,990, with a bold and innovative design.
- Honda Accord sedan from $48,114, featuring a sporty look and luxury design.
- Honda HR-V SUV from $27,490, bridging the gap between urban and offroad performance.
- Honda CR-V family vehicle from $30,990, designed to provide safety, storage, and connectivity.
- Honda Odyssey family vehicle from $41,920, featuring 7 or 8 seats, with connectivity and safety features.
- Honda NSX sports car from $420,000, an exclusive, state of the art performance vehicle.
Pricing for most Hondas starts in the budget range, and extends to the mid-range, with exceptions for high-performance vehicles such as the exclusive NSX sports car. In terms of market share, Honda is a popular brand, with a comprehensive range of vehicles to choose from.
Honda is known for the reliability of its vehicles, with practical features that emphasise safety and fuel efficiency. This, along with a focus on environmentally-friendly technology, makes Hondas particularly prized by city dwellers and suburban drivers.
Of course, cars aren’t all that Honda is popular for. The brand got its start with motorcycle engines, and today produces a range of bikes for on-road and off-road riding, as well as scooters and ATVs. Honda’s variety of affordable and reliable models can manage all your two-wheeled transport needs.
How can I get a Honda car loan?
There are a variety of finance options available to buy a new or used Honda, so you don’t have to always settle for dealer finance. Using a comparison website, you can look at different car loan options and decide which interest rates, fees, charges, features and benefits my best suit your needs.
Secured car loans use the value of your Honda as collateral, so the interest rates may be lower, but you risk losing the car if you can’t keep up the payments. Unsecured car loans don’t require security, so they can be used to buy used Hondas, though they may have higher interest rates.
If you choose to borrow more than your Honda’s value with your car loan to cover insurance and other costs, the loan may cost you more over time. Ultimately, the loan provider will work out how much you can borrow based on your financial situation.
How much does a Honda car loan cost?
Here are the approximate running costs for three different Honda models, based on RACQ category averages:
|Model||Category||Cents/km||Average $ per week|
|Honda Civic Sedan||$23,990||70.1c||$202.16|
Here’s how much a five-year loan will cost for three different Honda models if you borrow 100 per cent of the purchase price over five years:
|Model||Price/loan||Total repayments at 6%||Total repayments at 8%||Total repayments at 10%|
|Honda Civic Sedan||$23,990||$27,828||$29,186||$30,583|