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Shopping for a New Honda? Apply for Financing Online for a Streamlined, Simple Buying Experience

When you're looking around the Salem, OR area for a new car, truck, minivan or SUV, choosing to invest in a new Honda is an easy decision. After all, Honda vehicles are world renowned for their high quality, reliability, and cutting-edge tech. At Honda of Salem, we can tell you all about the latest models in our collection, and we can help you find your perfect fit, today.

 

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Lease Your Favorite Honda Model Today in Salem, OR

Leasing a new set of wheels is a great way to get behind the wheel of the brand-new vehicle you've been dreaming about, with a low commitment and custom-tailored terms. At Honda of Salem, where we proudly serve drivers in our area with a wide range of brand-new Honda models to choose from, our finance center is standing by to help you personalize the best lease for your needs.

 

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Refinancing or Trading In Your Vehicle

Deciding whether to trade in or refinance your car loan depends on whether you want to keep your current vehicle at lower monthly payments or use the equity in your vehicle to help with the down payment of a new car.

If you have earned significant equity from paying off your current vehicle loan, your monthly payments may end up being much lower than what you are paying right now. The downside is that you will have to pay on the loan for longer and will incur more interest charges. Trading in a vehicle is a good way to avoid…
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Refinancing vs. trading in your car

If you purchase a car and you start to feel like the payments are too much, there are a few options that you can turn to before things get out of hand. First off, you can always try to refinance with your loan company to see if the payments can be made smaller or change to a longer plan with smaller monthly payments. However, if you are finding that you want to get into a newer vehicle, then you can try to look at trade-in value for your vehicle and get into a car this way.

Most dealerships are happy…
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