Buying vs Leasing a Car Annandale NJ

Between buying vs. leasing a car, we feel confident that you’ll land on the right one. That’s because our finance specialists advise our Annandale, Clinton, and Somerville, New Jersey, shoppers on what works best for them. Clinton Honda also helps those around Easton, Pennsylvania, to find an ideal and easy-to-understand financial arrangement. Find out more below!

Buying Your Car

Many shoppers choose to take on a loan for their new Honda. This works well if you feel comfortable about keeping a car for the long haul. By taking out a loan, you’re able to call this car your own for as long as you see fit. Also, you’ll easily be able to customize your car any way you like.

Making monthly payments on your Honda will build up your credit history and show creditors that you’re a sure bet. That way your credit score will be high and enable you to get other loans, if necessary, like a mortgage. Your eligibility improves and you’ll be in line for affordable interest rates.

Leasing Your Car

Do you enjoy the excitement of innovation and variety? Then a lease may work in your favor because you’re granted the opportunity to exchange your car for a new one every few years. With this financial arrangement, you get a short-term agreement that can be revisited within 2 to 5 years, depending on your lease.

Leased cars come with all the warranty coverage that a new car does. So, you’ll find peace of mind when it comes to repairs and routine maintenance. When the car starts requiring more frequent service, you’re already on to the next Honda of your choice.

Once you’ve reached the end of your lease, you’ll get the choice to continue the lease process with another Honda. If you fall in love with the car you’ve been driving, we’re open to discussing buying the vehicle outright. For drivers who want to move on and try something else, the lease ends and we wish you happy trails.

Completing Your Financing

So, you’ve found the car, and you’re set on a loan or a lease—what do you do now? Before anything can begin, fill out the online credit application that will initiate the process. Our finance specialists will look over your application and reach out to their network of lenders and financial institutions for the ideal financing package.

If you wish to trade in or sell your current ride to us, we’re available to talk to you about this. To build up our pre-owned inventory, we rely on sales and trade-ins, so we’re excited to hear about your car.

While at home or wherever you are, use the Value Your Trade or Quick Quote shopping tools. The first device will give you the latest estimate of the value of your car, which can be applied to your loan or lease. The latter tool will give you an estimated amount on how much your vehicle could yield.

Buying vs Leasing a Car at Clinton Honda

Land on the ideal way to finance your car when you decide between buying vs. leasing a car. With our finance specialists in the driver’s seat, they can usher shoppers toward the right arrangement. Visit Clinton Honda, located near Annandale, Clinton, and Somerville, NJ, and Easton, PA, to discuss buying or leasing your car, or contact us online to schedule a consultation.