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Lease vs. Buying a Honda in Greensboro, NC

Leave Vs. Buy

Questions about leasing or buying a new car?

Hours

  • Monday 9:00 AM - 8:00 PM
  • Tuesday 9:00 AM - 8:00 PM
  • Wednesday 9:00 AM - 8:00 PM
  • Thursday 9:00 AM - 8:00 PM
  • Friday 9:00 AM - 8:00 PM
  • Saturday 9:00 AM - 7:00 PM
  • Sunday Closed

Leasing Benefits - Why Lease?

Lower your monthly payment!

Monthly lease payments are generally lower than monthly loan payments from financing because lessees are only responsible for the use of the vehicle, not the entire vehicle. A lot of the time, you can lease an Honda with little or no money down, so you also save in out of pocket expense at the start.

Upgrade your car more frequently!

If you usually try to upgrade your vehicle to the latest model often, leasing is for you. Having the latest technology or safety (or styles or trends) may be important you- and if that's the case, a lease on a car is the choice for you.

Have more options available!

When you lease, you enjoy more options available at lease-end. You are able to choose to lease another Honda, or purchase the one you've been leasing at a much lower, no hassle pre-determined price. Looking to make a change? You also have the flexibility to turn the car in and walk away at lease-end. Without the hassle of selling or trading in your old car (often times for less than you owe), you can experience a simple process that allows you to drive a new vehicle every few years.

Little to zero car maintenance!

Frequently, people lease for the length of time that the manufacturer's warranty is still applicable. If repairs are needed during that time, they're usually covered by the warranty. Honda also offers a variety of great warranties.

Leasing programs through Crown Honda Greensboro

Have the option to change your mind every few years, usually with lower monthly payments than a loan. Visit us for great lease rates in Greensboro, Durham, Fayetteville, Raleigh, Winston-Salem and North Carolina.

Leases and car loans are just two different methods of automobile financing. One finances the use of a vehicle, while the other finances the purchase of a vehicle. There are benefits and drawbacks to each one. Whether one or the other is more beneficial to you depends entirely on you.

Finance Benefits - Why Buy?

Ownership.

At the end of your loan, you will own your car with no further payments. You can enjoy your Honda for as long as you want!

No Limits.

Drive your car as many miles as you want with no penalties- if you drive your car more than 12,000 - 15,000 miles per year, this option makes more sense.

Personalize.

If you like to customize, modify, or repaint, then buying a Honda is your best option.

True Love.

Do you get emotionally attached to your cars? You could enjoy a purchase to avoid the separation anxiety.

Asset Retention.

When you purchase, you retain the benefit of trade-in or resale value. However, since a vehicle is a depreciating asset, you may find yourself a bit upside if you choose to trade unless your loan has been fully paid by that point.