Honda Finance Center in Memphis, TN

Auto Financing Has Never Been Easier

When you choose AutoNation Honda Covington Pike for your auto financing needs, you can expect:

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Straightforward Pricing

You'll receive an affordable price on new and pre-owned vehicles. So you'll save time and get a great value.

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Worry-Free Financing

We offer a wide range of finance and lease programs with a menu that makes financing with us clear and simple.

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Easy Credit

Regardless of your credit situation, chances are we can find a lender and a program to fit your budget.

Shopping Tools

Honda Payment Calculator

Use our calculator tool to estimate your monthly payment amount if you know the price of the vehicle you're looking to finance or how much you want to spend in total.

Estimate Your Payment

Protect Your Vehicle

AutoNation Honda Covington Pike offers protection plans to help you with mechanical breakdowns, routine maintenance, and unexpected emergencies such as vehicle theft, flat tires, road hazards, spills, and dents.

Explore Protection Plans

We'll Buy Your Car

Get a free certified offer and turn your car, truck, or SUV into cash today. Your offer is guaranteed for 7 days or 500 miles at any AutoNation location across the country.*

Get a Certified Offer

Frequently Asked Questions

Is it better to lease or finance a car?

Leases and loans are simply two different methods of automotive financing. One finances the use of a vehicle; the other finances the purchase of a vehicle. Depending on your situation, one may be better than the other for you.

If you like driving a new car every two or three years, prefer lower monthly payments, or drive under 10,000 miles per year then leasing might be the best option.

Do you want to keep your car for longer than three years? You should probably consider purchasing your next vehicle.

Lease vs. Buy

Can I trade in my car that's not paid off?

Yes. Trading in a financed vehicle is very common. There are a few things to still be aware of though.

If your car is worth less than what you owe, the remaining loan balance will simply be deducted from the value of your trade-in.

In both cases, we will take care of paying off the lien holder and getting the title for your vehicle. This is one less thing you have to worry about when you trade in your car with us, versus selling it privately. In fact, we will even buy your car from you regardless if you buy a vehicle from us!

We'll Buy Your Car

How much should a car down payment be?

It is recommended to put at least 10% down on the purchase of a new or pre-owned vehicle, but as little as $500 can be sufficient in many cases. There is no harm in putting down as much as possible though, and we would suggest aiming for putting down around 20% to help lower your monthly payments.

You don't necessarily need to have this cash on hand though. If you are trading in a vehicle, the value of your trade-in will help cover most of, if not all, of your down payment.

If you are interested in having the lowest possible down payment, taking advantage of our affordable or no money down lease specials may be your best option. Check out our current lease offers today or contact us for more information.

Payment Calculator

Can I finance a used car?

Absolutely! We offer financing on all of our vehicles, both new and pre-owned. In fact, banks typically see lending through a dealership like us as less risky compared to lending to a private party. So when you finance a pre-owned vehicle through us, not only are you are more likely to get approved, you will probably get better loan terms too.

Get pre-approved for pre-owned vehicle financing today with our online finance application, then be sure to check out our complete selection of pre-owned cars, trucks, and SUVs for sale near you!

View Used Inventory

Your Trusted Honda Finance Center in Memphis

Interior view of AutoNation Honda Covington Pike during the 

Finance a Honda Near Me Memphis, TN

If you're looking for a Honda in Memphis, Bartlett, or Raleigh, AutoNation Honda Covington Pike has not only an extensive inventory but many financing options, too. We can finance both new and used vehicles, and Honda Financial Services works with many credit scores. We can get most people into cars with the loan terms that fall easily within their budgets. 

Located at 1990 Covington Pike, our Honda dealership is just minutes from I-40. Start by taking a look at our many Honda models, like the 

  • Honda CR-V
  • Honda Civic 
  • Honda Accord 
  • Honda Odyssey 
  • Honda Ridgeline

Be sure to also check out our used and Certified Pre-Owned inventory, too. Then, stop by our dealership's Finance Center to apply for financing so you can drive that new car home today. 

Honda Specials and Lease Deals

If you want to buy a new Honda, our finance specials can help you to save money on certain models. Leasing a Honda is another way to enjoy a new car with lower monthly payments. If you drive less than 10,000 miles per year, a Honda lease could be a great choice. Plus, at the end of your lease term, you can lease another new vehicle, so you'll always be able to enjoy the newest technologies and drive the latest Honda models. Keep an eye on our Lease Specials page for great discounts and incentives.

How to Finance a Honda Vehicle

Our finance department will help you through every step of the process, but you can start the auto loan approval process online. Just submit some basic personal information to get pre-qualified for a car loan. 

Be sure to also use our Honda payment calculator, which can give you a sense of what your payments will be. You can also browse our inventory according to your desired monthly payments, making your shopping faster and easier.

We'll Buy Your Car

With trade-ins, we'll also buy your used car, truck, or SUV, regardless of whether you decide to buy a new vehicle from us. Just fill out our online application with some vehicle information to get a free certified offer. That certified offer is guaranteed for seven days or 500 miles.

Visit AutoNation Honda Covington Pike in Memphis

Whether you want to finance a new, Certified Pre-Owned, or used car, our Honda financing specialists will work to get you behind the wheel. We're open throughout the week for your convenience. With the wide assortment of vehicles in our store, you'll have plenty of options to choose from. 

Call us at (901) 209-1283 to schedule a test drive or speak with our finance team today. 

Get Pre-Qualified  View Our Inventory

Your privacy is important to us.

[Dealership Name] takes your privacy seriously and does not rent or sell your personal information to third parties without your consent. Read our privacy policy.

*Subject to in-store verification, vehicle condition and mileage. Appraisal valid for 7 days or 500 miles, whichever comes first. See store for details. Some restrictions apply.

** These calculations are for reference purposes only. All figures are estimates only and are not guaranteed as accurate. Always consult a professional financial advisor.

  1. AutoNation Honda Covington Pike

    1990 Covington Pike
    Memphis, TN 38128

    • Sales: (901) 209-1283
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Get in Touch

  • Contact our Sales Department at: (901) 209-1283
  • Monday8:30 AM - 8:30 PM
  • Tuesday8:30 AM - 8:30 PM
  • Wednesday8:30 AM - 8:30 PM
  • Thursday8:30 AM - 8:30 PM
  • Friday8:30 AM - 7:00 PM
  • Saturday8:30 AM - 7:00 PM
  • Sunday1:00 PM - 5:00 PM