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Honda of Serramonte Finance Center

For New or Used Car Loan Questions Call: 650-758-4800

Get a Free San Francisco Car Loan Quote- Good and Bad Credit Accepted! Honda of Serramonte helps people with all credit situations. Most people need a car loan to finance their new car or used car purchase. The finance experts at Honda of Serramonte help people with all types of special finance needs drive their dream car home. Regardless of where you are in the car buying process, request a free, secure auto loan quote. Honda of Serramonte works with only trusted lenders to bring you low rates and flexible terms. Use this easy guaranteed secure auto loan application and get started with buying a car today!

Lease vs. Buy


Whether you lease or buy a new car, you must know which fits your situation best. When you buy a car, you pay for the whole vehicle. You will usually make a down payment, pay the sales taxes in cash or roll these taxes into your auto loan and pay an interest rate. You usually will make your first payment a month after you sign your contract. This option is great if you like to keep your cars for a long period of time and have a need to put unlimited miles on the vehicle.

When you lease, you are paying only for what you use. You do not have to have money to put down, you typically only pay sales tax on your monthly payments, and are charged with a money factor that is similar to the interest rate on a loan. You make your first payment at the time you sign your contract.

Learn from our trained finance staff about financing your next vehicle.


Low Interest Car Loans in Colma - Honda of Serramonte serves the Bay Area

Let the finance team at Honda of Serramonte simplify the process of getting a car loan in Colma. With years of experience and a network of lenders, the staff at our Honda dealership will get you an auto loan you can afford. Start the application process from the comfort of your home by completing our secure and encrypted online finance application form. We will contact you with additional information about your car loan in Colma as soon as we have reviewed your application.

If you would like to know more about car loans and leases visit Honda of Serramonte's finance FAQ section, where you will find additional information about loan rates, fees, and monthly payments.

While you are waiting for your finance application to get approved, please browse our Colma dealership's new Honda and used car inventory. With a variety of vehicles and a knowledgeable sales team, we are confident that we will find the car that is right for you.

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Contact Information

Contact Information

Honda of Serramonte

485 Serramonte Boulevard

Colma, CA 94014
sales Sales:
888-892-5461
phone2 Service:
888-892-5396
phone3 Parts:
888-887-4407

Finance FAQ

Check out our online finance FAQ section for important information regarding car lease and loan characteristics.

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Tip!

Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.

Tip!

Owning a lease vehicle is possible if purchased outright after the lease period ends.

A typical lease period runs between 24 and 48 months.

Tip!

Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.

Tip!

Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.

Tip!

Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.

Tip!

Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.

Tip!

Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.

If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.