Leasing a Honda

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For those in the market for a new car, they may have already suffered through multiple stages of sticker shock. That’s because a new vehicle, regardless of whether someone is looking for a car, SUV, mini-van or truck, is incredibly expensive. Even the smallest, least expensive vehicles available on the new car market today are all in excess of $10,000, and when someone is looking for a family vehicle, $25,000 to $35,000 isn’t out of the question. However, being able to lease a vehicle instead of committing to an outright purchase can be a truly viable solution.

Lease vs Finance

Buying a car

For many people, the realization has hit that they’ll pretty much have car payments for the rest of their lives. Between the expenses of new vehicles, financing terms lasting as long as 5 years, and driving needs and vehicle durability, by the time someone has made the last payment on a vehicle, it is time to trade it in for a new one. Granted, new vehicles are designed to last for upwards of 200,000 miles, but for most people, especially for those who commute, it is quite easy to hit that number before the vehicle is paid off.

Benefits a prospective car buyer can find when looking at a lease

Typical leases run for 3 years. This means instead of having to wait to pay off a vehicle before selling it or taking a beating on a trade in, the person leasing the vehicle can “trade” it after 3 years. Since lease customers essentially expect to have car payments for an indefinite period, being able to drive a “new” car all the time thanks to a lease is a major perk.

  • Payments on leases are consistent as well. As long as the person leasing a vehicle doesn’t “trade up”, their lease payment will be very similar to the lease they just completed. Again, since customers expect an indefinite car payment period, regardless of whether they’re leasing or buying, having consistent car payments/lease payments helps when budgeting money.
  • Free scheduled maintenance packages are quite often built into a lease. Not only does this ensure the vehicle is well maintained so the car dealer has a quality used vehicle available, but the lessee doesn’t have to worry about paying for or scheduling maintenance.
  • Multiple end-of-lease options are available when the end of the lease is near. The person with the lease has several options to choose from. Either they end the lease and are done, cut a deal for a new lease on a new vehicle, or go for a buyout of their current vehicle. Most lease agreements are built with a “buy out” clause at the end. If a customer decides to buy the vehicle at the end of the lease, a balloon payment can be made. This gives the customer the most flexibility when it comes to deciding what to do when the end of the lease is up.

In today’s competitive auto markets, truly affordable lease deals can be found. Leases can be the most economically reasonable way to continually have a reliable, well-maintained vehicle with the least amount of hassle. Working with a great car dealer means lease deals are easy to find, easy to work out and can put a driver behind the wheel of a new car in a matter of hours. With good credit and the proper down payment, setting up a lease is easy. That means looking for a new vehicle will still be a challenge, but looking for a great lease doesn’t have to be. Contact us at Norm Reeves Honda Huntington Beach for more information.

  • New 2019 Honda Civic LX Sedan Auto

    New 2019 Honda Civic LX Sedan Auto

    Lease For
    $129 /mo + tax

    $3,999 due at lease signing on approved tier 1+ credit

    Closed-end lease for 36 months. Amount due at lease signing includes 1st payment, $0 security deposit, tax, license and fees. Drive-off example based on 7.75% tax rate and actual amount may vary. 12,000 miles per year with $.15 per mile thereafter. Offer expires 3/31/19.

  • New 2019 Honda Accord LX Sedan Auto

    New 2019 Honda Accord LX Sedan Auto

    Lease For
    $189 /mo +tax

    $2,999 due at lease signing on approved tier 1+ credit

    Closed-end lease for 36 months. Amount due at lease signing includes 1st payment, $0 security deposit, tax, license and fees. Drive-off example based on 7.75% tax rate and actual amount may vary. 12,000 miles per year with $.15 per mile thereafter. Offer extended to 3/31/19.

  • New 2019 Honda CR-V LX 2WD Auto

    New 2019 Honda CR-V LX 2WD Auto

    Lease For
    $199 /mo + tax

    $3,999 due at lease signing on approved tier 1+ credit

    Closed-end lease for 36 months. Amount due at lease signing includes 1st payment, $0 security deposit, tax, license and fees. Drive-off example based on 7.75% tax rate and actual amount may vary. 12,000 miles per year with $.15 per mile thereafter. Offer expires 3/31/19.

  • New 2019 Honda Clarity Hybrid Electric Plug-in Auto

    New 2019 Honda Clarity Hybrid Electric Plug-in Auto

    Lease For
    $299 /mo + tax

    $3,999 due at lease signing on approved tier 1+ credit

    Closed-end lease for 36 months. Amount due at lease signing includes 1st payment, $0 security deposit, tax, license and fees. Drive-off example based on 7.75% tax rate and actual amount may vary. 12,000 miles per year with $.20 per mile thereafter. Offer expires 3/31/19.

  • New 2019 Honda Pilot LX 2WD Auto

    New 2019 Honda Pilot LX 2WD Auto

    Lease For
    $289 /mo + tax

    $2,999 due at lease signing on approved tier 1+ credit

    Closed-end lease for 36 months. Amount due at lease signing includes 1st payment, $0 security deposit, tax, license and fees. Drive-off example based on 7.75% tax rate and actual amount may vary. 12,000 miles per year with $.15 per mile thereafter. Offer expires 3/31/19.

  • 2018 / 2019 Honda Civic Special APR

    2018 / 2019 Honda Civic Special APR

    0.9% APR For 36 Months*
    - OR -
    1.9% APR For 60 Months**
    On approved Tier 1 credit by Honda Financial Services

    On all new 2018/2019 Civic models.
    *Down payment varies depending on credit approval. Example: On approved credit for 2018 Honda Civic LX, down payment is $0, 0.9% APR, and 36 monthly payments of $28.16 per $1,000 borrowed. Offer expires 3/25/19.
    **Down payment varies depending on credit approval. Example: On approved credit for 2019 Honda Civic LX, down payment is $0, 1.9% APR, and 60 monthly payments of $17.48 per $1,000 borrowed. Offer expires 3/25/19.

  • 2018 / 2019 Honda CR-V Special APR

    2018 / 2019 Honda CR-V Special APR

    0.9% APR For 36 Months*
    - OR -
    1.9% APR For 60 Months**
    On approved Tier 1 credit by Honda Financial Services

    On all new 2018/2019 CR-V models.
    *Down payment varies depending on credit approval. Example: On approved credit for 2018 Honda CR-V LX, down payment is $0, 0.9% APR, and 36 monthly payments of $28.16 per $1,000 borrowed. Offer expires 3/25/19.
    **Down payment varies depending on credit approval. Example: On approved credit for 2019 Honda CR-V LX, down payment is $0, 1.9% APR, and 60 monthly payments of $17.48 per $1,000 borrowed. Offer expires 3/25/19.