Should you lease or buy your next Honda?
If you’re looking for a new car, you’re probably wondering whether it’s best to lease or buy. The answer is different for everyone, and all of us here at Walsh Honda are ready to help you make your decision. Before you set foot on our lot in Macon, GA, there are some questions you can ask yourself to determine if leasing or buying is the best option for you.
- Do I have money saved for a down payment? If you don’t, leasing presents a good option since the only payment you’ll need to drive off the lot is the first month’s payment for the lease agreement.
- Do I drive a lot? If you do, consider a higher mileage lease that can allow you up to 20,000 miles per year.
- Do I like to customize my car? If so, you might want to consider buying. Any changes to a leased vehicle outside of the normal wear and tear will stick you with penalties.
- Do I like having new vehicles? If so, leasing is a great option since you can trade in your vehicle at the end of a lease agreement for a new one without the hassle of selling your car.
These questions just scratch the surface of the things to consider when figuring out how to finance your next vehicle. It’s important to not only consider your current situation but what your situation will likely be in the future. There are penalties for leaving a lease agreement early, and since Hondas last so long, you’ll likely be driving your vehicle for a long time if you buy.
Come drive the Walsh way and schedule a test drive by calling 478-803-4465.