About Acura Financial Services and American Honda Finance Corporation
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Acura Financial Services®, a DBA of American Honda Finance Corporation (AHFC), helps to satisfy the financing needs of consumers of Honda and Acura automobiles, sport utility vehicles and minivans.
Acura Financial Services offers financing in the form of both retail installment sales contracts and leases, depending on the product and the needs of the particular customer. Leases are offered through our affiliate Honda Lease Trust for new and used Acura motor vehicles. In addition, we and our Florida affiliate American Honda Service Contract Corporation, administer vehicle service contracts sold by Acura Dealers throughout the United States.
American Honda Finance Corporation is a wholly owned subsidiary of American Honda Motor Co., Inc., the sole authorized distributor of Honda and Acura motor vehicles, Honda motorcycles, Honda power equipment and Honda and Acura parts and accessories in the United States. American Honda Motor Co., Inc., is a wholly owned subsidiary of Honda Motor Co., Ltd., a Japanese corporation which is a worldwide manufacturer and distributor of motor vehicles and power equipment. Our principal executive offices are located at 20800 Madrona Avenue, Torrance, California 90503.
American Honda Finance Corporation commenced operations in July 1980 by offering wholesale financing on a nationwide basis in the United States to authorized Honda motorcycle dealers. We began offering wholesale financing for Honda power equipment in 1983 and for Honda and Acura motor vehicles in 1986. AHFC commenced offering retail financing with pilot programs in June 1985 for Honda motorcycles and Honda power equipment in California and Florida and in May 1986 for Honda and Acura motor vehicles in California. In April 1990, we began offering retail leasing for Honda and Acura motor vehicles in California. Since fiscal year 1992, retail financing and retail leasing of motor vehicles have comprised the largest segment of our business.
Through the efforts of our parent corporation, American Honda Motor Co., Inc., American Honda Finance Corporation takes an active role as a citizen of the communities that we serve. By supporting important community initiatives, we hope to help make a difference. Visit the Honda corporate web site for more information about Honda's community involvement.