17 Aug Lease versus Buying? Which should You Choose?
You have to make a choice between leasing and buying your next Honda, but you need to be sure that you are picking the thing that works the best for you. Everyone is different, and you need to make choices that actually work for your finances. Leasing can cost less money, but you have to give the car back. Purchasing the car gives you long term financial power, but you will spend more on the car.
Leasing Is Cheaper Each Month
A lot of people lease their cars just because they want to save money, and you will make a down payment in return for having lower monthly payments. This is a good choice for you if you do not want to keep the car for long, and it helps if you have the money for the down payment. This is all up to you, but it can work well.
Buying Lets You Keep the Car
You can buy a car with the idea that is will last for a long time. Hondas are known to do that, and that makes it easier for you to get the car to drive your kids around, so they can learn to drive and then you can pass it on. The car becomes a commodity that you can hold onto instead of just a cheaper option.
Which Is Right for You?
Honda offers both leasing and buying programs. You need to do the math to see what is the best for you, and you will determine what the right price is for you. You can actually save a lot of money if you lease the right car, or you will not have a car payment for decades if you buy a car that you can hold on to for a long time. Make sure you do your research, and then remember that you can pick up a car that perfectly matches your budget every month.
If you are ready to Lease or Buy your next Honda, visit Honda of Aventura in North Miami Beach to discuss all your financial options!