Lease vs. Purchase - Which is the Best Choice for you?
Should You Lease or Purchase?
You should LEASE if you want to:
- Drive a new Honda more often.
- Customize your vehicle with Honda Genuine Accessories.
- Pay less up front and monthly.
- Get a guaranteed purchase price if you want to buy your vehicle at lease end.
You should LEASE if you want to:
- Eventually sell your vehicle of trade it in for a new Honda.
- Customize your vehicle with Honda Genuine Accessories.
- Drive your Honda more than five years.
- Eventually own your Honda outright.
Your Down Payment and Monthly Payments
LEASE Advantages:
- Pay less up front and monthly.
- Pay less in sales tax (in most states).
- Include peace-of-mind Vehicle Service Contract protection in your monthly payment or pay with an interest-free plan.
PURCHASE Advantages:
- Make a substantial down payment to keep monthly payments low.
- Keep, trade in or sell your Honda once your loan is paid off.
- Include peace-of-mind Vehicle Service Contract protection in your monthly payment or pay with an interest-free plan.
Your Honda Experience
If you LEASE your Honda through Honda Financial Services...
- You have options at lease end:
- Lease or purchase a new Honda
- Purchase your current Honda at the guaranteed price
- Factory limited warranty coverage.
- Flexible lease terms from 24 to 36 months.
- $500 Excessive Wear and Use Waiver included.
- Guaranteed Asset Protection (GAP) coverage included.
- Available peace-of-mind Service Contract protection.
If you PURCHASE you Honda through Honda Financial Services...
- You have options once your term is up:
- Keep you Honda vehicle
- Trade it in for a new Honda vehicle
- Sell your vehicle
- Factory limited warranty coverage.
- Affordable GAP coverage available.
- Available peace-of-mind Service Contract protection.
The Guaranteed Purchase Price Advantage
LEASE Advantages:
Know in advance what you Honda will cost to purchase at lease-end.
- If it's worth more than the guaranteed purchase price, you can purchase it at the guaranteed price.
- If it's worth less than the guaranteed purchase price, you can lease or purchase a new Honda, or simply return it.
PURCHASE Advantages:
- Sell your vehicle or trade it in for a new Honda.
- Know you've made a smart investment, as Honda vehicles tend to hold their value.
Honda Financial Services Lease Options
Honda Leadership Leasing
A traditional leasing plan that includes:
- $500 Excessive Wear and Use Waiver.
- Turn-in fee waived for loyal customers.
- No purchase-option fee.
- Guaranteed Asset Protection (GAP) coverage.
Honda One-Pay Lease
A perfect option if you want to:
- Make one payment, one time - no monthly payments.
- Save money with a discounted One-Pay Lease rate.
- Enjoy all the features and benefits of Honda Leadership Leasing.
Apply for a Honda Lease Pre-Approval - Apply Now
Honda Financial Services Purchase Programs
Honda Retail Finance Program
A traditional financing plan that lets you:
- Customize your vehicle with Honda Genuine Accessories.
- Have a sense of security with ownership.
- Finance from 24 to 72 months.
- Purchase peace-of-mind Vehicle Service Contract protection.
- Purchase Guaranteed Asset Protection (GAP) coverage.
Apply for Financing Pre-Approval from our North Olmsted, Ohio dealership - Apply Now