• woman in car holding car keys

    Should You Finance or Lease Your Next Honda?

    If you’re not sure whether you should buy or lease a new Honda vehicle, we’re here to help. Take this quiz and it will tell you if financing or leasing is the better option for your next vehicle purchase.

Discover if You Should Finance or Lease a New Honda

A) Yes, I do. B) No, I don’t have much for a down payment.
A) I plan on driving this vehicle for several years. B) I plan to drive to vehicle for a few years.
A) No, I don’t always need the latest, most up-to-date features. B) Yes, I want all of the updates and prefer to have the most recent model year.
A) Yes, I love putting my own touch on my vehicles. B) No, I plan to drive the vehicle as is.
A) I don’t mind paying for service and repairs. B) I’d rather let the warranty cover vehicle maintenance.
A) Yes, I log a lot of miles on my vehicles. B) No, I don’t drive frequently or long distances.
Man's hands typing on laptop keyboard

Which is it, Financing or Leasing?

Mostly As: Financing! Because you want to be able to customize your car and you’re a frequent driver, financing makes sense. You have a good down payment, which will help make your payments affordable, and you don’t mind maintaining your vehicle for years to come.

Mostly Bs: Leasing! You won’t be driving your new Honda frequently, so you shouldn’t have to worry about paying mileage fees at the end of your lease term. Leasing allows you to upgrade your vehicle regularly, so you can take advantage of the latest features. Because you don’t have a large down payment, leasing will be the more affordable option.

Visit Honda North to Learn More

Now that you now which financing option is best, visit Honda North in Danvers to test drive your favorite Honda vehicles.

 

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