vLeasing benefits tons of different people for various reasons. There are financial benefits, and it offers tons of convenience for many reasons. There are lots of great cars that can be leased instead of bought, so it’s worth paying a visit to your Honda dealership to check out the options.

1. There’s No Hassle
Leasing is one of the most hassle-free ways to get a new car and get it off your hands when you’re finished with it. You don’t have to sell your vehicle or get appraised to trade it in, and you never have to arrange financing when getting a new car. It’s simple: you give it back at the end of the lease, sign a new lease for a new car, and then you’re good to go for another two or three years, depending on the length of your new lease.
2. There’s No Down Payment
You never have to save up to pay a down payment when leasing a car, as any upfront fees tend to be highly affordable. At most, you’ll have to cover the cost of the first month’s payment alongside taxes, registration, and a refundable security deposit. There may be other fees to pay, but they remain pretty affordable, especially compared to how much a down payment can cost when buying a car.
3. There’s No Large Loan to Repay
When buying a vehicle, you typically need to take out a car loan that you pay back over several years. However, even though the average car loan term is now over 60 months, it can still take a large chunk of your paycheck every month. Plus, you have to pay interest, too.
You pay a lot less every month when leasing a car compared to buying one, as you don’t pay for the full value of the car. You pay for the vehicle’s depreciation alongside some small fees each month throughout your loan period. You’re paying less for the car overall, and the monthly cost will likely be lower than monthly loan payments, especially when compared to short-term car loan repayments.
4. There’s No Outdated Technology
Technology is getting better quickly, so cars can become outdated compared to the newer models in just a few years. With leasing, you get to upgrade your car every two or three years, so you’ve always got the latest technology available in your car. People who buy their cars keep them for eight years on average, so they go a lot longer between upgrading to a new and improved car.
Come lease your next Honda at Honda of New Rochelle in New Rochelle, NY. We’ll help you find the best car for your needs.


