Anyone familiar with the Honda Graduate Program or similar car programs?

[luckyluchiano]

My Co worker was telling me about this and it seems real good.

this is what I found online.
[h2]The Honda Graduate Program[/h2]
As a student, you learned to make the most of great opportunities. Now that you've graduated, here's another—the Honda Graduate Program. Your hard work has paid off. Now let Honda Financial Services[sup]SM[/sup] do the work to help get you into the Honda that's right for you. With exclusive financing rates available on select Honda models, the Honda Graduate Program is one opportunity you definitely shouldn't pass up.
[h3]BENEFITS[/h3]

• Flexible and competitive financing, lease and purchase-plan packages on any new or Honda Certified Used Car
• Deferred first-payment option for 90 days, with 60 days of no interest*

*Available only on traditional financing.
[h3]ELIGIBILITY[/h3]

• 5% minimum down payment
• No adverse credit history
• Verifiable proof of employment or a firm commitment from an employer with a start date no more than 120 days from the date of the finance contract
• Graduate with a master's, bachelor's or associate degree from a U.S. accredited college or registered nursing school
• Have graduated in the past two years or will graduate in the next four months
• Provide your Honda dealer with the credit and document requirements.

See your Honda dealer for all the details.

My Co Worker said he is about to trade in his 01 Galant to the dealer for 1500, which would cover his 5% and he was able to negotiate a 250 dollar note.

Do you guys know anyone who have used this program or know any other Recent Graduate purchase programs other companies offer?

 

[trent ferris]

this would be sick, but i'm worried the credit requirements are prob way too strict for me

 

[luckyluchiano]

Can Anyone Chime in?

And I don't think you need amazing credit, as long as you have nothing bad on it.

 

[imsleepy1234]

I got the graduate program from Toyota a couple months ago. This will only work if you have really good credit.

 

[luckyluchiano]

Originally Posted by imsleepy1234

I got the graduate program from Toyota a couple months ago. This will only work if you have really good credit.

who score or nothing bad remarks on it?

I was unemployed for 2 months so I had to use some credit cards for emergency stuff, but I should have them paid off end of year.

 

[imsleepy1234]

As long as you don't have any defaults and have above a 720, you will most like get the premium rates.