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Does it make sense to lease a Honda?


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Does it make sense to lease a Honda?

So you're ready to get into a new Honda in Valencia. The excitement of driving a new car is an unparalleled experience! When you work with Valencia Auto Center, you're sure to love the selection at our Honda dealer in Valencia. No matter which Honda model you're interested in, our inventory is certain to include many wonderful choices. After you choose the most suitable car, it will be time to decide between buying or leasing a Honda. While Honda lease deals can be very tempting, it's important to understand what leasing entails before making a decision. Let's review the advantages of choosing a car for lease near you! 

There are many factors to think about when deciding if a car lease deal near you is the right choice. Before you visit our Honda dealer in Valencia, consider the following.

  • Is ownership important to you? When you lease a Honda in Valencia, your monthly car payments cover the time you drive the vehicle. Your payments will not build equity in the car. And at the end of your lease agreement, you'll need to return the vehicle. If you prefer for your payments to build equity, you will likely wish to finance your next Honda rather than lease. When you finance a Honda, the car will be yours at the end of your loan payments.

  • Are you trying to keep your monthly costs down? Loan payments on a Honda in Valencia are typically more expensive than lease payments. If you're sticking to a tight budget, it's less costly upfront to get into a car for lease near you. However, at the end of your lease, you won't own the car, unlike financing with a loan at our Honda dealer in Valencia. 

  • How many miles do you drive in any given month? Honda lease deals always include a mileage cap. Plus, you'll be charged for every mile you exceed over the limit in your lease agreement. For customers who commute long distances or take frequent road trips, the limitations of a lease can be a dealbreaker. 

  • Do you want to make modifications to your Honda? You'll be expected to return your leased car to our Honda dealer in Valencia in the same condition you received it. If you plan to make exciting modifications to your car, leasing isn't the best option.

  • Is warranty coverage a top priority? When you lease a Honda, you'll likely stay under manufacturer warranty for the entire term of your lease. You won't need to worry about paying out of pocket for any mechanical failure that occurs in your Honda in Valencia. Our Honda service center will help keep your leased car in great shape for the duration of your term!

  • Do you like driving new cars every few years? When you get into a car lease deal near you, you can simply sign a new lease when your last lease ends. You don't need to spend time and energy reselling your last car at a loss before you can drive something new!

Whether you choose to lease or buy your next Honda, Valencia Auto Center can help. Stop by our showroom today to explore your options!


 

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