When you’ve found the perfect car here at Executive Honda, you can choose to buy it or lease it. How do you know which one works better for you? Today we’re going to cover what you can expect when you’re ready to lease. Once you learn more about the leasing process, you’ll be able to see if leasing a new Honda car is ideal for you.
Leasing is similar to buying in a few ways, but there are also some key differences to keep in mind. You’ll still have to make a payment upfront and you’ll have monthly payments to contend with, but most lease agreements also have mileage limitations. This is probably the biggest difference between buying and leasing. Depending on your agreement, you can probably only drive 12,000 to 15,000 miles per year before you have to pay extra fees. If you have a long commute or plan to take some road trips, this is something to pay attention to.
A lease agreement may also cover some routine maintenance tasks, which is why leasing can sometimes mean a more predictable cost of ownership. Just know that a lease agreement may also require you to get more car insurance than you would normally go for. These two factors could make a big difference when it comes to total ownership costs.
When your lease term is up, you can turn in your car and lease a new one. You can also choose to purchase your current vehicle. Whatever you decide, we’re ready to help you out and answer any other questions you may have!
So visit our Honda dealership near Branford, CT and find the perfect car, crossover, or truck to lease right now. Our Honda dealers and Honda financial experts are ready to answer any questions you may have. We look forward to meeting you!