Should You Purchase or Lease Your New Honda at Thelen Honda in Bay City, MI?

Deciding Between Purchasing or Leasing a New Honda

Shopping for a new Honda shouldn’t have to be a daunting experience. In mid-Michigan, this is why so many local customers bring their business to Thelen Honda in Bay City, MI. We help you understand your options based on your current financial situation. This includes aiding in determining whether it is better for you to purchase your new Honda, or lease it. Between the two options, there are merits for both to consider when you are doing research on your next vehicle shopping experience. 

Purchasing Benefits vs. Leasing Benefits

New Honda Purchase – The dream of vehicle ownership is one that many mid-Michigan Honda drivers crave. Owning your new Honda means that you are free to use the vehicle as you’d like once you have driven it off our lot. Do you want to customize it with personal touches such as accessories? Are you going to be driving a lot of miles? You are free to do so when you own the vehicle. This also allows you to pass the vehicle down to someone else once it is paid off. Likewise, deciding to purchase another new Honda down the line can be made even easier when you trade in your existing Honda. 

Leasing a New Honda – There is a multitude of surprising benefits to consider when looking at leasing a new Honda from our inventory. For example, the monthly payments you get with a lease are less expensive than when you purchase a new vehicle. This is especially true if you are shopping with a decent to excellent credit score. As such, you can even opt to drive around in a more expensive version of the vehicle you are looking to shop for the same price as purchasing a lesser trim. You also don’t have to worry about the hassle of selling or trading in your vehicle once the lease term is up. Simply bring it back to the dealership and you can get yourself into another new Honda!

(Photo Credit: Pexels)

Tags: Bay City, Finance, Great Lakes Bay Region, Lease, Michigan, Mid-Michigan, Purchase, Thelen Honda
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