

Buying vs. Leasing a Car
If you’ve wondered about the differences between buying vs. leasing a new car, the finance experts at Apple Honda are here to help. The team at our Honda dealership in Hanover, PA, is poised to answer your buying vs. leasing questions, and we’ll help you make the soundest financial decision possible with the Honda model you choose from our inventory. Whether you to decide to buy or lease a new Honda at our Hanover Honda dealer, we’ll provide you with the information you’ll need to make your decision.
Buying | Leasing | |
---|---|---|
Ownership | Pay to own the car and the title of the car is in your name | Pay for the use of a new Honda and move on once the lease ends |
Down Payment | Typically comes with a higher down payment. | Usually a smaller down payment, which means less money upfront |
Monthly Payments | Typically higher monthly payments | Usually lower monthly payments |
Mileage Limits | No mileage restrictions | Lease terms will dictate mileage limits |
Maintenance/Wear | Responsible for all upkeep of your vehicle not covered by warranty | Service the vehicle according to the dealer’s recommendations |
If you want to buy or lease a new Honda near me but don’t know which option is best for you, the team at Apple Honda can help you make the most sensible decision for your situation. If you’d like to buy a new Honda Civic, the title of the car is in your name after you finish making payments and you’re not limited by mileage restrictions. Meanwhile, if you opt for a Honda lease, you’re paying to drive it only for the duration of the lease. You’re also limited by mileage restrictions set by the terms of your lease, so it’s important to consider your commute and how often you drive when determining whether to buy or lease a Honda. As for payments and maintenance, if you’d like to buy a new Honda CR-V, that would usually mean a higher down payment and higher monthly payments, while leasing generally means a lower down payment and lower monthly payments. If you’d like to buy, it’s up to you to service it, but leasing means your Honda model will be serviced by our Hanover Honda dealer's recommendations. Buying and leasing both have their benefits, so it’s important to meet with the experts at Apple Honda to help make your decision.
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