Lease or Buy?
Days | Hours |
Monday | 8:00AM to 5:00PM |
Tuesday | 8:00AM to 5:00PM |
Wednesday | 8:00AM to 5:00PM |
Thursday | 8:00AM to 5:00PM |
Friday | 8:00AM to 5:00PM |
Saturday | Closed |
Sunday | Closed |
Make the Right Decision with the Help of Our Financing Experts
The decision to lease or buy a vehicle is an important one, and at Valley Honda, we’re here to help you make the best choice based on your priorities, lifestyle, and budget. Each option comes with its own advantages, and understanding what’s right for you is key before making a decision.
Advantages of Leasing:
- Lower Monthly Payments: Monthly lease payments are typically lower than financing payments since you’re only paying for the period you use the vehicle, not its full value.
- Drive New Cars More Often: Leasing allows you to drive a new vehicle every 2 to 4 years without worrying about long-term wear and tear or resale value.
- Access to the Latest Technology: Leasing gives you access to the newest technologies, safety features, and performance upgrades available in the latest Honda models.
- Warranty Coverage: Leased vehicles are often covered by the manufacturer’s warranty throughout the lease term, saving you from major repair costs.
Advantages of Buying:
- Full Ownership: Once your loan is paid off, the vehicle is yours. You can sell it, keep it as long as you like, or trade it in when you’re ready for something new.
- No Mileage Limits: Unlike leasing, buying doesn’t come with mileage restrictions, which is great if you travel long distances or commute regularly.
- Customization Freedom: When you own your vehicle, you have the freedom to modify or personalize it however you like, whether that’s adding accessories, new wheels, or making aesthetic changes.
- No Payments After the Loan: Once the vehicle is paid off, you no longer have monthly payments, which can save you a considerable amount in the long term.
Which Should You Choose?
If you prefer to drive a new car every few years and want lower monthly payments, leasing may be the better option for you. However, if you value flexibility, prefer not to worry about mileage limits, and want full ownership of your vehicle, buying might be the right choice.
At Valley Honda, we provide all the information you need to make the best decision based on your lifestyle. Visit us in Woodstock or contact our team to discuss your leasing or buying options.
