Lease vs Buy a Honda in Kingwood Texas

lease vs buy a honda in kingwood texas

Things To Consider When Deciding Whether Leasing or Buying a Honda Is Better?

Shopping for a new car is exciting, and we know that it’s a big financial decision in your life. But buying is not just the only option to drive your new favorite car, if you consider leasing it. While leasing can be expensive on the long run, it might be a great choice for you depending on your preferences.

There are few important factors to consider while deciding whether to lease or buy a car from Sterling McCall Honda.

Comparing Leasing vs Buying From Sterling McCall Honda

Sterling McCall Honda has some incredible car leasing deals and specials on a variety of top-selling Honda models. We know that it can be daunting for customers like you to compare, learn, and decide. That’s why we have a list of side-to-side comparisons with details on benefits, differences, and specials which may help you to make a wise decision.

Buying vs Leasing Comparison

BuyingLeasing
You Own It – Yes, when you buy a car and pay off the loan amount, the vehicle is all yoursDrive New Ones Every Year -Leasing, on the other hand, gives you the option to select new models, possibly every time your lease term is over. Sounds exciting, isn’t it?
Infinite Mileage – When you are buying a car, you don’t have a mileage limitMileage Limits – Every car lease comes with a limited to fixed mileage limit
Repair Cost – As you are the vehicle owner, you pay for the maintenance and repair costWarranty Maintenance – Car leasing package comes with a warranty, which covers most repair and maintenance costs
No Contract – Want your car tires or headlights changed? You can always modify it without the fear of breaking the contractContract – Car lease deals comes with a contract / agreement

Now that you know the differences between buying and leasing, let’s look at some important factors that you should consider before talking to Sterling McCall Honda sales consultants for your next car purchase or leasing.



Other Factors to Consider in Buying vs Leasing A Honda Car or SUV



Overall Costs

  • Monthly Cost The cost associated with your monthly payment, insurance and other costs is one major factor to consider while choosing between buying vs. leasing a vehicle. If as a customer, your aim is to get the lowest monthly payment, then you may want to choose the leasing option. Typically, car lease packages have low-monthly payments, which certainly helps in balancing your budgets. In contrast to that, buying a car is associated with a loan payment unless you choose to pay off the entire car price all at once.
  • Insurance Cost Insurance payments are another cost factor that you may want to consider. Leasing option may require you to get more coverage based on the leasing dealers’ standards. Most of the time, car dealers offer lease deals with insurance and a set of listed mandatory coverage. While insurance standards may vary depending on the Honda leasing option you select, they usually include all basic coverages. You can always speak with your Honda leasing dealer to see if the agreement can include gap insurance and some other benefits at no additional cost.
  • Down Payments Another important factor to consider while deciding to lease or buy is the down payment. If you buy a car, you may have to pay a hefty down payment upfront depending on your credit score or the loan term you select. Leasing, on the other hand, doesn’t require you to make a huge down payment. It is certainly a cost-effective alternative.

Depreciation

When you own a vehicle, you don’t usually follow a mileage limit. This means the value for your vehicle gradually depreciates. In contrary, car or truck lease deals always have a mileage limit. This means you pay extra when you go over the mileage limit.

Warranty

When you lease, your car remains covered under the warranty. Because some Honda leasing deals include basic maintenance costs, you are only responsible for the gas and insurance costs.

Flexibility

While some buyers find leasing deals very flexible, many buyers love vehicle ownership because of the gradual ownership benefit. Lease deals can be very appealing too, especially for those looking forward to drive swanky and new Honda models every year. Apparently, it depends on the customers’ preferences to select car leasing or buying.

What Lease Deals Can Sterling McCall Honda Offer You?

Whether you are looking for truck lease deals or want to lease a Honda Civic sedan, Sterling McCall Honda offers some incredible Honda leasing specials for you. Some of their deals include down payments with no security deposits, featured special lease deals on selected Honda models and many more benefits.

Bottom Line

As with any such financial step, it’s you who needs to take the decision. And when you are certain whether to select lease deals or go with the car buying option, our experts at Sterling McCall Honda are going to assist you in every step. Our sales team will guide you and help you with your Honda leasing or buying journey, so you have an amiable experience in owning or leasing a vehicle from our showroom.

Visit our lease specials page to learn more about our lease deals, truck lease deals and other Honda leasing choices. When you are ready, give us a call at (888) 453-4057, and an expert from our team will be of assistance.



cars.com

I would strongly recommend this dealer to anyone that is looking for a great price and knowledgeable sales staff. They do not try to sell you something you don't want. We got a great deal on our ...

DwayneTC

cars.com

I was strapped for time and chose to walk-in for service without an appointment. They did an oil change, rotate tires and recall item in less than two hours. I waited in a nice lounge with coffee an...

Where's Waldo

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Excellent customer service. We drove two hours to Houston to look at a car on the lot. The car sold before we could get there( not their fault), but they made it a point to find another car for us in ...

Sheila Cloyd

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Went in for regular oil change. Chase made the process painless! New service center provides a clean and relaxing environment while one waits. Love the complimentary car wash!

B

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They treated my husband with great customer service, he was very impressed with all of the services rendered, but especially the customer service that Marquita Barnette rendered. Thank you very much! ...

Juan Ramirez

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Working with Brian was a great experience. He listened to my needs and help with the process of purchasing my vehicle. He explained all the benefits of Honda certified that made me comfortable with my...

SL

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Love my CRV and the buying experience several months ago. The service department is equally good. Very thorough and great communications. Plus the service area is set up for easy access, drop off and...

Dodger

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This Honda dealership fixes my car the correct way the first time. They stick to their quote and provide you with items which will need repair in the future so that you can plan them in the budget wi...

Darrell Bruxvoort

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They communicate by phone. They email to remind you of the appointment day and time. And they communicate with me through text messages, email, and phone calls. This is my second Honda from this deale...

Spunkygirl83

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Lisa was our salesman & she was such a nice person, professional and did everything she promised to do. We purchased a used Honda Accord & she and the sales manager gave us a very fair price. I stron...

Rhonda Mosier