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.



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I really like the convenience, as I was able to schedule an appointment the same day. My first visit and Thomas was very courteous, helpful and knowledgeable. He provided updates on the status of ser...

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As a struggling nursing student, coming here was like winning the lottery. Michael was wonderful, polite, personable, and very attentive. There was great customer service, clean facilities, and lots o...

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Me. Davies was very helpful and explain in detail everything that was done to my vehicle and the suggested additional services recommended. It was a little bit longer of a wait for the maintenance, bu...

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Very good experience! I called ahead of time told them what I was looking for and my price range. When I arrived Dawn Graham my sales consultant had already pulled keys of the ones she thought I might...

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I have been going to their place since 2011. Their customer service is excellent. Josh Davis is the guy that I always go to. He used to be in sales department and I got my Honda CRV through him. Now h...

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I took my Honda Odyssey to Sterling McCall Honda’s service department for a sensor issue fix. I was able to call ahead of time and receive an estimated wait time (in days). The drop off process was ...

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Met Josh in the express service department today.. I must say he was so polite. Save me a little bit of money too. Thx Josh and nice to meet you! I had a great experience today, real customer service....

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This is the 3rd vehicle that we have purchased through Sterling McCall Honda. Our most recent vehicle, a 2018 Honda Civic Sport Hatchback, was totaled by flood waters during Imelda. Rachel Allen mad...

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I had a really great experience with Emily and Dawn who assisted me on my CPO purchase. They were both attentive, patient and went the extra mile in making sure I was not only satisfied with the vehi...

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I spent 2 days working with Andres who my family has bought 2 cars (now 3) from. He’s very courteous and listens to every concern or need you have. He’s not pushy AT ALL. That’s why we love him ...

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