ACT Expo 2018

Better Financing for the Honda CNG

July 16, 2012 in CNG, NGVs by Rich Piellisch  |  No Comments

OEM Levels the Playing Field for Its Natural Gas Sedan

In a push aimed primarily at consumers, American Honda dealers are offering 0.9% financing for the Civic Natural Gas – similar to what’s available for the gasoline version of the car – via a special promotional effort valid for deliveries from dealer stock taken through September 4.

A car for the Common Man: American Honda marketing operations VP Michael Accavitti shows the 2012 Civic Natural Gas vehicle to Los Angeles Mayor Antonio R. Villaraigosa as the car won the 2011 Green Car of the Year Award at the LA Auto Show. Now Honda’s offering the car with a competitive APR.

The 0.9% annual percentage rate is available to qualified buyers opting for 24- to 36-month purchase plans, with an APR of 1.9% for 37- to 60-month buys.

Honda is expecting nearly a three-fold sales increase over 2011, to approximately 4,000 Civic Natural Gas cars.

Strong and sleek and now easier to finance

For fleets, Honda says, the Civic Natural Gas – the former Civic GX – is a versatile choice “for parking enforcement, the vehicle pool, security patrol or just getting your employees around.”

From its inception, Honda says, the car has been “designed and built to meet the demanding needs of fleet managers, the scrutiny of drivers, and the concerns of society.”

The Honda CNG is powered by a modified four-cylinder, 1.8-liter engine yielding EPA-rated city/highway/ combined fuel economy of 27/38/31 miles per gasoline-gallon equivalent (GGE), a combined improvement of 10.7% from the Civic GX.

Just prior to mid-year, Honda reported certified dealers in 36 states for the dedicated-CNG car, up from 33 states a year ago (F&F, May 21).

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