American finance honda11/23/2023 Basically if you're looking to transact business it's not permitted here. We don't allow commercial advertisements, messages, solicitation or referrals in here. This includes trying to make a sale through the comments. The Mod Team has final say in all disputes. ![]() To submit this request, message the moderators. If you are a car salesperson - we encourage you to submit proof to mods to get flair, so that anyone will see if an answer comes from a salesperson, or a regular Redditor. Do not post a link to your dealership's site, or any site for the purpose of selling your wares. All other links are only allowed in the body of a question. Only flaired car salespeople are allowed to submit links such as videos or blog posts. If Posting any type of links, Please format them. If you have suggestions/thoughts/comments or anything you need to discuss with us then please press the message the mods button below, we will reply as promptly as possible. As well as what country/state you live in. Please let us know if you are financing or paying cash in regards to a lot purchase, so we can respond with the appropriate information for your situation. Mods reserve the right to remove excessively vague posts that are not clarified within a reasonable time frame. Please post the Model, Year, Miles and Trim when asking vehicle-specific questions to help us resolve your issue faster! This should include trim, major options (engine, 2WD/4WD, specific options or add-ons), and an honest evaluation of the condition. Would you rather get advice for that guy who bought that car that one time? ASK /r/IBoughtACarOneTime Need Prepurchase inspection advice? Click here: Is the Career of Car Sales Right for you?Ĭar salesperson, want to complain about managers and customers? We don't need that at /r/insidecarsalesĬan't decide what car you want? Head over to /r/whatcarshouldibuy and get some help. Everyone's question is buyer specific, but some/all of your question may be easily answered using our FAQ's - check them out below! ![]() Anything else is run by somebody else and has nothing to do with us. The company will establish a $24 million fund that will be used to compensate customers identified by the CFPB and the DOJ.įurther, AHFC will continue to enhance our long-standing commitment to support financial literacy education and ensure that the future generation of customers is well informed about the process of automobile finance.Read This First! There is no AskCarSales Discord, Reddit Chat, Facebook page or otherwise. We will be implementing this change in combination with other adjustments and modifiers in a way that continues to support our Honda and Acura dealers' present business compensation with a full array of financing options.Īs a result of this settlement, no civil penalties have been assessed to AHFC. In cooperation with the CFPB and the DOJ, AHFC will be working closely with our Honda and Acura dealers in proactively adjusting our pricing programs to continue to give our customers the ability to choose the loan that is best for supporting their purchase of Honda and Acura products.Īs part of this new program, AHFC will announce later this year adjustments to our caps for dealers in setting the rate for retail installment contracts lower than the present level. We firmly believe that our lending practices have been fair and transparent.ĪHFC has a difference of opinion with the CFPB and the DOJ regarding the methodology used to make determinations about lending practices, but we nonetheless share a fundamental agreement in the importance of fair lending. American Honda Finance Corporation (AHFC) has reached an agreement with the Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) that shows our commitment to work together to be part of the solution and to establish the path forward that best supports our Honda and Acura customers and dealers with clear and convenient financing options.ĪHFC strongly opposes any form of discrimination, and we expect our dealers to uphold this principle as well.
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