5 Reasons Why You Should Lease Your Next Honda

When it comes time to get a new vehicle, you’ll be faced with the decision to either purchase (often through financing) or lease the car, truck, or SUV you have your eye on. If you’ve been curious about the benefits of leasing a Honda vs. financing one, you’re not alone. Before you sign on the dotted line for your next new Honda vehicle, consider these five reasons why a lease may be the better option.

Reason 1: You’ll always have a newer vehicle

When you purchase a new Honda, unless you pay for it in full or can pay off your auto loan quickly, you’ll likely have it for several years. This means that the features, tech, and performance advancements at the time of purchase will be out of date not long after. Typical leases last three years (normally phrased as 36 months), which means by the end of your lease cycle, you’ll be ready to enjoy all of the new bells and whistles Honda has in store.

Reason 2: You’ll (likely) save on maintenance

New vehicles almost never have massive issues in the first few years of ownership. If you follow Honda lease maintenance guidelines, you’ll likely never see a service center for longer than short periods while technicians keep your vehicle in optimal condition. If anything does happen to your new Honda lease, you can rely on your Honda’s new vehicle warranty to cover you. Note: it’s best practice to go over coverage and coverage options at your local Honda dealership to prepare for the future.

Reason 3: More options

Higher trims of Honda vehicles will have a higher price tag attributed to them, and, even with financing, they may be too expensive when you pursue the purchasing route. However, with a lease, you can often get the top-level models and trims with low Honda payments. With the highest-level trims also come the most exclusive and nicest features, which is a welcome addition for a great rate.

Reason 4: No resale worries

When you lease a vehicle, your contract states your lease terms and length. With this, you’ll have an outline for returning your Honda lease (or you’ll have the option to purchase the vehicle if you so choose), taking away the task of trying to sell or trade in the vehicle if you purchased it. Simply return the vehicle and start the process of finding your next exciting Honda lease!

Reason 5: Less money down

We’ve saved the best for last. With a Honda lease, you often don’t need to put any money down to start driving, as opposed to financing a vehicle, which will almost always require a down payment. Not only that, your monthly payments will be lower compared to financing a new Honda vehicle. Leasing is a great and affordable way to get the vehicle you want without breaking the bank, and then you get the opportunity to fall in love all over again with your next Honda car, truck, or SUV.

Find Your Next Honda Lease in Santa Barbara

Whether you live in Isla Vista, Goleta, or Eastern Goleta Valley, Santa Barbara Honda is here to help you find the perfect Honda vehicle for your needs and budget. When you visit our showroom, our expertly trained sales team will go over Honda lease mileage limits, the Honda lease warranty, and available Honda lease offers to ensure you’re happy with your vehicle and budget. Contact us today to schedule a test drive!