The Differences Between Leasing and Buying

When you are looking to get into a new Honda model, you might be considering between the buying and leasing options. Each one has their own merits and pitfalls, but which one is right for you? When you see our team at Piazza Honda of Springfield, we will make sure you aren't left with any doubts, having all of your questions answered and having each option thoroughly explained to you. Transparency is the best trait when buying a vehicle, and it is a top priority for our dealership so that you can be confident and comfortable knowing if buying or selling is right for you.

Buying

Buying is the option that people are most familiar with: you pay for a vehicle until the full amount is paid off, then you own the vehicle to do with as you wish. That is a major advantage that comes with buying: ownership. You can customize the vehicle as much as you want, drive it as far as you want, and drive it for as many years as you want. Many people appreciate this, but it comes at a higher cost than the alternative option.

Leasing

Leasing costs less than buying does, only paying for the difference in value between the beginning and end of your contract. Leasing also provides you the easiest way to frequently upgrade your vehicle, getting the latest technology, style, and options when you need to renew your terms. The downside of leasing is that it comes with many fees attached to it, but our team will make sure you know the terms of your contract so that you aren't surprised by any unexpected fees.

We Look Forward to Seeing You Soon

Our finance team will make sure you can choose the option that fits your lifestyle. When you come to our Springfield Honda dealership we will make sure you can see all of our newest Honda models, taking test drives in all of the ones that you are interested in.

Categories: Finance