Choosing the right vehicle is an important decision and then deciding the best way to finance that vehicle is an even more important decision. Klein Honda can help you with finance; our expert finance executives will help you find just the right option that will best suit your budget. We offer instant credit as well as various Refinance options!
At Klein Honda Finance you'll find tools and information that can help you decide on a financing strategy that's right for you. Use our Payment Estimator to see what your monthly payment can be.
Wondering whether to lease or buy? Click on Lease/Financing Benefits for an overview of the benefits of each.
LEASING and FINANCING BENEFITS
Klein Honda understands your financial needs. Choosing between leasing and financing is as important as choosing the right model. Listed below are some benefits of both leasing and financing. The following should help you decide how to purchase a new Honda:
LEASING
In a lease, you do not purchase an automobile. You contract to use it for the first, and best, period of its life. Following are some additional benefits to leasing a Honda.
Less Cash Up Front - One of the biggest advantages of a lease is that it does not usually require a substantial down payment. In many states, you can even pay the sales taxes as part of your monthly lease payment, rather than in a lump sum.
Lower Monthly Payment - If the finance period is the same, your monthly payments will be lower when leasing (vs. financing) because your payments will be based on the vehicle's estimated depreciation. (You are contracting to use a portion of the car's value, rather than buying the entire car.)
A New Car More Often - Your taste and preference may change, and a short-term lease makes it easy to drive a new car more frequently. Additionally, you may have needs for a larger or smaller car in a few years, and a lease makes it easy to plan for such changes.
Guaranteed Future Value - You don't have to worry about resale value. If your car depreciates more than the estimated residual value in your lease contract at full term, you can turn it in at the end of your lease term. But if it's worth more, you can buy it and keep it or resell it. A lease gives you an option.
FINANCING
If you typically keep your vehicle for five to ten years, then financing may be your best option. Klein Honda is your best choice in financing your new vehicle, with competitive rates and terms designed to meet your needs.
Pride of Ownership - Ownership can instill a sense of pride. It can also build equity. Payment by payment, an owner's equity may increase.
No Restrictions on Mileage - This is important to consider if you drive more than 12,000 to 15,000 miles per year.
Make Changes to Car's Appearance - You can alter the interior or exterior to suit your taste (though your choices may affect the resale value.)
LEASE VS PURCHASE
Customers should LEASE through Honda Financial Services if...
They want to drive new Honda vehicles
and keep their purchasing options open
They want to customize their Honda
vehicles with Honda Genuine Accessories.
They want to drive new Honda vehicles
every few years.
They want low up-front costs and low
monthly payments.
They want a guaranteed purchase price
should they decide to purchase their
Honda vehicles at lease-end.
Customers should LEASE through Honda Financial Services if...
They hope to convert their vehicles to cash
eventually by selling or trading them in.
They want to customize their Honda
vehicles with Honda Genuine Accessories.
They think they'll drive their vehicles more
than five years.
They eventually want to pay off their
vehicles in full.
*Disclaimer - All vehicles are one of each. All Pre-Owned or Certified vehicles are used. A dealer documentary service fee of up to $150 may be added to the sale price/lease. All offers expire on close of business the day subject content is removed from website, and all financing is subject to credit approval. Prices exclude tax, license, accessories, and plus any additional dealer installed options. All transactions are negotiable including price, trade allowance, interest rate (of which the dealer may retain a portion), term, and documentary service fee. Any agreement is subject to execution of contract documents. It is the customer's responsibility to verify the existence and condition of any equipment listed.
