After you got your car and you aren't happy with your interest rate. Go to your Credit Union and get another car loan to refinance the Honda loan at a lower rate?

 

Make sure you read the small print on the $500.00 college grad discount program. It might require you to maintain your current financing for a certain period of time (same with the military discount). Those Honda finance guys have been around the block a few times.

As for accepting the Honda finance rate, after purchasing an extended warranty, I am on record as saying it is better to take whatever they charged you for that warranty and put in in the bank, then self-insure.

The main thing however is Enjoy your new car!

 

What I found was that credit unions will compete with each other. My credit union approved me for 1.9% interest rate and when I showed them another credit union's published rate of 1.45%, they gave it to me. I have to admit, it was fun to walk into the Honda finance person's office with my credit union check.

 

Sweet!!! Use every advantage you can get your hands on!!