Should I Buy or Lease a New Honda Car?

buying vs leasing

When you're browsing the Honda car for sale on our lot, you have a lot of cars to choose from. Once you've found the perfect model, you have one more choice to make. Do you buy or lease? Depending on what your situation is, the experts here at Keyes Honda can help you decide.

When You Should Lease

Reasons to lease at a glance:

  • You want the newest technology
  • More predictable cost of ownership
  • No worries about new car depreciation

Leasing that new Honda car could be for you if you're the type of driver who's obsessed with the latest features.

Right now, you can visit our Honda dealership in Van Nuys, CA and drive away in a new car with cutting-edge in-car tech. Then at the end of your lease term, just turn it in for another new vehicle with the newest features. It's the perfect arrangement for any driver who frequently gets that new car itch. You won't even have to worry about trade-in values!

Ownership costs are also more predictable in a leased Honda model because a warranty usually covers many types of repairs.

When You Should Buy

Buying a car from our Honda car dealership serving Los Angeles might be the better option for you if you plan to drive a lot. Many lease agreements include a limitation on the mileage you're allowed to rack up on the odometer. If you have a long commute or take frequent road trips, leasing might not be ideal for you.

Another advantage of buying is that your car is all yours when the loan period ends. You only have to worry about paying insurance and other state fees. If you plan to keep your vehicle for a long time, buying is the way to go.

Reasons to buy at a glance:

  • No mileage limitations
  • Cost-effective if you plan to keep the vehicle for a long time
  • You can customize your vehicle

Financing a Honda Vehicle at Our Dealership

You should finance a car at our dealership because we make it convenient and we offer frequent financing and lease specials. You can apply for financing online and get pre-approved before you even set foot into our dealership, saving you time. You can also value your trade-in on our website. You'll know more going into the car buying process and be more prepared to find the perfect Honda car for you. Our Honda financing experts will help you secure a loan that fits your budget or a lease deal that works for you.

So talk to one of our Honda dealers today and find the perfect Honda car to lease or buy today. No matter which option you choose, we're ready to assist any driver here in the Los Angeles area. We hope to see you soon for a test drive!