Should I Buy or Lease?

Finance Paperwork with Glasses
 
When shopping for a new Honda car, truck, or SUV in the Torrance area, you may be wondering, “Should I buy or lease?” Deciding which is right for you will be based on what you want and how much you can afford. This lease vs. buying guide from the finance team at Airport Marina Honda will help you decide which option will best suit your lifestyle and budget.

Benefits of Buying

  • No Mileage Restrictions: If you expect to be doing a lot of driving around Westchester, buying a vehicle may be the better choice. A car lease agreement includes strict mileage limits.
  • Total Ownership: Buying a vehicle allows you to upgrade, modify, or customize it however you wish. You are also free to sell the car whenever you like.
  • Financing Options: Applying for financing is often more straightforward, even if you have a less-than-ideal credit score. You’ll also have the option to refinance your loan to lower your interest rate and monthly payments.
  • Less Cost Over Time: Buying a car will cost you more upfront, but the vehicle actually becomes less expensive to own the longer you have it.

Benefits of Leasing

  • Lower Payments: Both the down payment and ongoing monthly payments will be lower if you choose to lease.
  • Less Sales Tax: In most states, sales tax will only apply to the down payment and the monthly lease payments.
  • Trade-Ins: You have the option to upgrade to the newest model at the end of the lease agreement. All you have to do is stop by our local Culver City-area dealership, pay any remaining fees, and drive away in a vehicle equipped with the most up-to-date amenities and tech features.
  • Warranty Coverage: All of your scheduled vehicle maintenance will be covered under your lease agreement. As long as you stay within the required mileage limit, you won’t have to pay for maintenance services.

Explore Your Leasing & Financing Options at Airport Marina Honda

The ultimate decision when considering lease vs. buying will come down to your budget and your personal preferences. The finance specialists at Airport Marina Honda will be happy to discuss your options and set you up with the loan or lease that will best suit your needs. Explore our new Honda specials and current offers and incentives to ensure that you get the best deal possible. Feel free to contact us if you have any questions or would like more information.

More from Airport Marina Honda

  • 2020 Honda Civic Gas Mileage

    The 2020 Honda Civic gas mileage is one of this vehicle’s most attractive features for many Culver City drivers. Having a car that can deliver spirited performance on both city streets and out on the highway and also helps you save money at the pump makes for a winning combination. Learn more about the Honda Civic…

  • What Are the 2020 Honda Pilot Configurations?

    New Pilot InventoryContact Us With six 2020 Honda Pilot configurations available, Culver City drivers can choose the model that has the features that will best suit their driving needs. Explore the Honda Pilot trim levels in this guide from Airport Marina Honda, and then schedule a test drive today! Honda Pilot LX The 2020 Pilot lineup leads off…

  • What are the Honda HR-V Safety Ratings?

    Vehicle safety is a major consideration for Culver City drivers. If you’re considering a brand-new 2020 Honda HR-V, you’ll be happy to know that this compact crossover SUV has earned impressive crash test scores from the major accredited safety agencies. Learn more about the Honda HR-V safety ratings in this guide from Airport Marina Honda. Then, stop by…

Saved Vehicles

SAVED VEHICLES

You don't have any saved vehicles!

Look for this link on your favorites:

Save

Once you've saved some vehicles, you can view them here at any time.

Contact Us

(888) 381-0444

Call Now

5850 West Centinela Ave • Los Angeles, CA 90045

Get Directions

Today's Hours:

Open Today! Sales: 9am-9pm

Open Today! Parts: 7am-5pm

Airport Marina Honda 33.9761223, -118.3834597.