WHY LEASE A VEHICLE?

Freedom of Choice

Freedom and flexibility are two of the best aspects of leasing a vehicle. When leasing, customers have the choice to drive a new vehicle every few years if they choose and postpone the purchase decision, without the potential difficulty of having to sell or trade the vehicle.

Flexibility

The average leasing term lasts between 24 and 60 months. With shorter terms,you're able to make more affordable payments. Plus, you get to choose your mileage. Lessees are usually given 12,000 or 15,000 miles per year, but if you require a higher mileage limit, you're given the option to purchase more miles at signing.

Lower Payments

Because you're only purchasing the right to drive a vehicle for a limited period of time, your financial responsibility and your monthly payment may be significantly reduced. Also, if you are not ready to put down a large down payment, then leasing may be the better option for you, as there are leasing options that require $0 down.

Hazard-Free Driving

Because most leases last for two or three years, your vehicle is generally covered with warranty protection for as long as you have it.

True Convenience

When your lease is finished, you simply return your vehicle and pay any fees that might be left (such as for excess mileage or wear and tear) and taxes. If you've decided to keep your vehicle at lease-end, you're able take the opportunity to purchase it at a predetermined price. In either case, there's no need for you to sell it or trade it in unless it benefits you.

WHY BUY A VEHICLE?

Ownership

Ownership is the leading benefit of buying your next vehicle instead of deciding to lease. If you are looking to keep your vehicle for an extended time or for as long as possible, then buying is the better option for you. Plus, choosing to buy rather than lease provides you with the option to customize your vehicle to make it exactly what you want.

No Mileage Limitation

When financing your vehicle, you are responsible for the miles you travel, and there is no mileage restriction like there is with leasing. Leasing requires that you calculate in advance how many miles you will drive each year, but ownership allows you the freedom to drive as much and as far as you want without collecting fees.

Payment Flexibility

When purchasing a vehicle, you can choose to finance your vehicle or buy it outright with cash. If you choose to buy with cash, you become the owner of the vehicle right away and don't have to worry about making monthly payments. If you decide to purchase a vehicle by using a finance program, you have an extended period of time with a loan to pay off the vehicle. For the best outcome when financing, we strongly suggest that you acquire the most affordable, reliable and competitive rates possible, like what we offer here at Honda of the Avenues.

Real Freedom

When you're finished making payments, in typically four to six years, you own your vehicle. You can continue driving for as long as you want, or choose to sell or trade at any time. Once you're the owner of the vehicle, you're no longer making monthly payments, which means you could possibly place those same funds toward your savings.