Buying vs. Leasing

Crown Honda

Buying vs. Leasing

A Better Way To Buy

Crown Honda is your home for outstanding customer service and an impeccably large inventory of new Honda models. Additionally, we have an extensive inventory of Certified Pre-Owned vehicles as well as other pre-owned vehicles. At our Honda dealership, you can get into a high-quality vehicle with a high-quality car-shopping experience, and that includes the finance process.

Our finance department is full of individuals with a wealth of experience. Because of this, you can be sure that we'll do our best to secure a favorable auto loan or car lease for you. When it comes to buying or leasing, there are plenty of pros and cons for both options. You can learn what's perfect for you when you visit our Honda dealership – Crown Honda – to discuss with our finance professionals today.

woman signing papers at dealership

Stress-Free Car Leasing

Leasing your vehicle is essentially a high-profile rental. According to your lease terms, you get to drive the vehicle for a certain amount of time – usually shorter than the length designated on a potential auto loan – while keeping in mind that you have to return the vehicle back to our Honda dealership at the end of your car lease agreement. Most lease terms have lower monthly payments, which make this an attractive option for many drivers in the Tampa, FL area.

Another benefit to leasing comes with potential tax relief. Since you're only paying for a portion of the vehicle's total price – essentially paying for what you get to drive – you're not taxed for the full retail price of the model you choose. Therefore, the amount taxed according to your lease agreement will be less than the amount taxed if you were to finance the price of the entire vehicle.

When you lease, however, you're most likely to be subjected to certain restrictions to make sure the vehicle is in sellable condition upon the completion of your lease terms. For instance, you may be subjected to mileage limits. If you surpass those limits, you'll be liable to pay a fee for every mile over the pre-established limit on the odometer. Additionally, you're responsible for any dings, dents and scratches that occur over the life of your lease as well.

When your lease term is up, you have a few options. You can either return the vehicle and go your separate way or you can lease another brand-new Honda model from our extensive showroom. If you like to stay up-to-date with Honda vehicles, this is the right option for you. You can even buy out the rest of your leased vehicle if you've fallen in love with the model you've been driving for the past few years.

For a full breakdown of car lease options, speak to the experts in our finance department at Crown Honda. Visit our Honda dealership today!

The Freedom Of An Auto Loan

Getting a new car loan can, in some cases, offer you more flexibility than a car lease. For instance, you're essentially making monthly payments to fully own the vehicle, so you don't have to worry about mileage limits or immediately fixing any dents or dings when they happen. While monthly payments tend to be higher with financing, you can be sure that our professionals will work with you to get the best possible interest rate with your credit score for your loan amount.

While the particulars of your loan term depend on your credit history, you can rely on us to get you the best possible annual percentage rates so that your finance experience with us can be as pleasant as possible. Feel free to ask our financial advisors about everything from how your credit report and credit cards factor into your auto loan to how our online auto loan calculator works. We're ready to help.

To discover more about the car-buying process, speak to our outstanding staff at Crown Honda today.

Visit Our Honda Dealership

If you like to stay up-to-date with the latest and greatest Honda models, getting a lease might be best for you. If you don't want to be constrained by mileage limits and more, then perhaps you should consider financing your Honda vehicle. No matter what you choose, our Honda dealer is the right place to visit. Our extensive lineup and our expert Honda service technicians make the Crown Honda experience superior to other dealerships.

No matter what your automotive needs are, we can help you out. Schedule a test drive for a new Honda vehicle at our Tampa Honda dealer today.

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