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

Honda Civic Lease near Corona Del Mar, CA

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 extended to 6/3/19.

  • 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 6/3/19.

  • 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 extended to 6/3/19.

  • 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 extended to 6/3/19.

  • Current Honda Owners

    Current Honda Owners

    Receive $750 in Norm Reeves Honda Superstore Huntington Beach Odyssey Loyalty When You Lease or Buy a New 2019 Odyssey*

    *Must be current owner or lessee of any 2009 or newer Honda vehicle. Proof of ownership of qualifying vehicle is required. Trade in of current vehicle is not required. Cannot be combined with $0 due at lease signing offers. Must take delivery out of dealer stock. See dealer for complete details. Offer expires 7/8/2019.

  • Current Honda Owners

    Current Honda Owners

    Receive $750 towards Down Payment or Cap Cost in Norm Reeves Honda Superstore Huntington Beach Accord Loyalty When You Lease or Buy a New 2019 Accord*

    *Must be current owner or lessee of any 2009 or newer Honda vehicle. Proof of ownership of qualifying vehicle is required. Trade in of current vehicle is not required. Must take delivery out of dealer stock. See dealer for complete details. Offer expires 7/8/2019.