Lease vs Buy Honda Blog

March 25th, 2024 by

Lease vs Finance at Honda of Ocala in Florida

Lease vs Finance Car Details

Best Honda Selection Around

Stop into Honda of Ocala in Florida, close to Leesburg and Lady Lake, when you’re ready to buy a car or lease a car. We’ve got Monthly Specials going on that can help you save on that 2022 Honda Civic Si with impressive horsepower and great gas mileage—at an EPA-estimated 27 city/37 hwy MPG.

Or, let the midsize 2022 Honda Passport TrailSport take you where you want to go with a 280 hp 3.5L V6 engine, an i-VTM4 All-Wheel Drive System, and Intelligent Traction Management with Snow, Sand, and Mud modes. If you’re looking for a Honda, we can get you behind the wheel.

Should I Buy or Should I Lease?

Choosing whether to lease or finance your next vehicle is always a tough decision. While buying a vehicle means you’ll own it outright after you’ve made your last loan payment, car payments can be expensive and take a long time to pay off.

Leasing a vehicle offers you a chance to drive the car with lower monthly payments, but when your lease term is up, you have to return the vehicle. Since lease terms generally last only about three years, that means when the lease period has ended, you’ll have to make the decision all over again.

Benefits of Financing a New Honda

There are plenty of good reasons to finance a new Honda at Honda of Ocala. Our finance experts are the best at finding you great auto loan terms and interest rates that will allow you to pay off your car loan more quickly.

Once your vehicle loan is paid off, you can then use the equity you’ve built in it to buy a new car, or you can continue driving the vehicle with no payments. When you purchase a vehicle, you’re also free to customize it the way you like with genuine OEM parts and accessories from the Honda of Ocala Parts Center.

Benefits of Leasing a New Honda

Great reasons to lease a vehicle from Honda of Ocala start with lower monthly payments. Lease payments are lower because you’re paying to drive the car, not to buy it. Leasing also means you won’t take the large depreciation hit that car buyers take on a new vehicle.

When you lease, you’ll also save on sales tax and fees as well as service visits—as your vehicle will be covered under warranty for the entire time you drive it. Then, when your lease contract is up, you simply return the car to the dealership, and choose a new one.

Shop Honda of Ocala for Great Deals

If you’re still wondering whether to lease or buy your new Honda, stop in and see us at Honda of Ocala in Florida. We’ve got a friendly, knowledgeable staff to help answer your questions, and a great selection of brand new 2022 and 2023 Honda models to choose from.

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