Having the help of friendly Honda finance experts when looking for a new vehicle is one of the biggest difference-makers when you embark on your car search. Our team here at Heritage Honda Westminster is dedicated to your satisfaction and will do everything possible to make your financing go by smoothly.
One big question we will help you answer is whether you should lease or buy a new Honda car.
When to Lease
Leasing is a great option for drivers who want a new car now but aren’t quite ready to be responsible for the price. When you lease, you simply make monthly payments and a down payment to drive a car for a short term, which is typically 24 or 36 months.
The main advantages of doing this are that these payments are lower compared to new car payments, yet you still get to enjoy all the technology and updated driving features of new Honda cars.
When to Buy
Buying will be the right move for you if you are ready to be the owner of a car and want to build equity in your vehicle. While your monthly payments and down payment will be higher compared to leasing, you’ll get to drive your car as the owner with no payments due once you’ve paid back your loan.
This means you can sell it later on and get a good return on your investment. Buying also gives you the option to add aftermarket alterations if you want, and you won’t need to worry about any mileage caps when you buy.
To learn more about financing Honda cars, contact our Honda dealership today!
