Navigating Uncertainties
During this holiday season, the Federal Reserve has opted to maintain interest rates, which some experts say is a sign of future economic stability and is part of the Federal Reserve's strategy to encourage spending and investment.
Several reputable news sources have weighed in on the Federal Reserve's decision and its potential impact on various sectors, including the automotive industry. According to one report*, the decision to maintain interest rates is expected to stimulate consumer spending, particularly on big-ticket items like vehicles. This positive sentiment is echoed by financial analysts who believe that the cost of financing a vehicle will remain attractive, encouraging consumers to make purchases in 2024.
In exciting news for consumers, we are happy to announce that customers can get as low as 2.9% APR financing1 this month on select all-new Honda models. Our knowledgeable Sales Consultants at Heritage Honda Bel Air, Parkville & Westminster are ready to find you the vehicle of your dreams! Browse our new inventory or visit us today to see our extensive lineup.
1Offer available on select new 2024 Honda Civic, Accord, Accord Hybrid, CR-V, CR-V Hybrid, Passport and Odyssey models. Your additional costs are sales tax, tag and title fees for the state in which the vehicle will be registered, any dealer-installed options (if applicable) and a dealer processing fee ($500 Maryland; not required by law); ($464 Pennsylvania); ($899 Virginia & North Carolina). On approved credit through Honda Financial Services for well-qualified buyers. 2.9% APR for 48 months = $22.09/$1,000 financed (Odyssey only). 2.9% APR for 36 months = $29.04/$1,000 financed. Not all customers will qualify. Actual down payment may vary. Prices are subject to change, and prior sales are excluded from these offers. While every reasonable effort is made to ensure the accuracy of this information, we are not responsible for any errors or omissions contained on these pages. Please verify any information in question with the dealer. Offer ends 02/29/2024.
*Reference: CNBC