wrote: wrote: wrote:I applied for preapproval with Honda Financial on August 18, 2018. Got an instant approval for $30,800. However, I didn't get an APR and was told that I would have to get that from the dealer. Long story short, the dealer provided me with an APR of 2.99% on a 2018 Honda Accord. I still have yet to receive a HP from Honda Financial. Apparently, they use the credit score to determine what credit tier you fall in.Congrats. All captive lenders have tiers, usually 6-7. Your score determines the tier which determines the rate, which makes it weird that they told you to get your rate from the dealer.That's not wierd at all. The Dealer might add points for extra margin. They do it often (or try to) for 3rd-party lenders.It was weird because normally, there's no range per tier. The tier determines the lone apr for that tier. After looking it up, it appears Honda gives a range of apr for their tiers., Re: Honda Financial SP approval @Brian_Earl_Spilner wrote: @12njoy wrote: I applied for preapproval with Honda Financial on August 18, 2018. Got an instant approval for $30,800. However, I didn't get an APR and was told that I would have to get that from the dealer. Long story short, the dealer provided me with an APR of 2.99% on a 2018 Honda , Re: Auto Loan Rates Honda Financial Services via FICO Scores I agree, I thought these were a bit high, as I just saw a commercial for 0.9 for 36 months on 2014 Accord and Pilot. Check out the rates I posted moments ago via new thread for Toyota, they have several tiers and tier 3 and above are single digits as they should be..