When you’re in university, your entire focus is on your education. After studying for exams and attending class, there’s little time left for anything else. This usually means, though, that once you’ve graduated and you’re ready to start making some first-time purchases – like a new car – you have little to no credit history. And as most recent graduates can attest too, that makes things difficult.
The Honda Graduate Program helps recent graduates qualify for a lease on a Honda, even if they have no credit history.
We do not require a down payment, however it’s important you have no adverse credit history. We also ask for proof of full time employment and income, or written commitment from an employer with a start date within sixty days of your lease application date. Finally, we do ask to see proof of income, so we can ensure you can financially uphold all your current responsibilities, expenses with an additional vehicle payment. We do not approve payments that exceed 20% of graduate’s gross income.
Finishing post-secondary is a huge accomplishment. The Graduate Program is our way of acknowledging your hard work and helping you get approved for a vehicle lease, so transitioning into the next phase of your life is that much easier.