Oct 18, 2023
Should I Purchase or Lease my New Honda? - Thelen Honda in Bay City, MI

Choose Thelen Honda to Purchase or Lease a New Honda Today

Are you looking to get behind the wheel of a new Honda in the Great Lakes Bay Region? When you visit Thelen Honda in Bay City, MI, we are proud to offer you a great selection of new Honda models with a dedicated group of sales professionals who strive to make your shopping experience as comprehensive and enjoyable as we can make it for you. Part of our process is helping you determine whether you should finance or lease your new vehicle. Each has its own advantages that help you enjoy every moment you drive even more by finding financial solutions that meet your needs. 

Should You Finance or Lease Your Next Honda in Mid-Michigan?

Financing Advantages – When you plan on outright purchasing your new Honda and financing it, you get several advantages over leasing. For example, you are allowed to do whatever you would like to the vehicle when it comes to personalization. You also get the knowledge that after you have finished your last payment you permanently own the vehicle and can do whatever you would like with it afterwards. If you plan on eventually purchasing a new vehicle further down the road, you can also use your vehicle as a trade-in to help reduce the cost of the new purchase. 

Leasing Advantages – By leasing a new Honda with Thelen Honda, you can expect to have lower monthly payments when compared to a financing plan for the same vehicle. You also get to have the vehicle in your possession during the least problematic timeframe since you’ll be driving a vehicle that is new. Therefore, you very likely won’t have to worry about costly repairs during the timeframe of your lease. Leasing also allows you to more easily continually be in the latest vehicles on the market so you can experience top performance and interior quality. 

(Photo Credit: Pexels)