Here at Honda of Fort Worth, we know the question of leasing vs. buying is an age-old debate. On one hand, buying a car means building equity and having full freedom to drive as far as desired. But, on the other hand, leasing requires no large down payments and often means more car for less money. So, what is the right choice?
Why Lease: Low Down Payment, Only Paying for Car Used, Ability to Change Cars Regularly
Car shoppers with only a small down payment saved up may prefer leasing since car leases don't typically require a large down payment. In addition, leasers only have to pay for the amount of car used, not the full car. This means that the leaser simply has to pay for the "value lost" on the car which is predetermined when the lease is signed. And, with discounts and promotions, like the Honda of Fort Worth lease specials, you can end up getting a pretty stellar deal. Plus, once the lease is up, drivers can walk away from the car and choose a different vehicle, all without worrying about trade-in or selling prices.
Why Buy: Extra Freedom, Building Equity, Security for Future
A major benefit to buying is the freedom you attain from doing so. Car owners do not have to worry about going over mileage limits, making adjustments and keeping a car in pristine selling condition. In addition, car buyers build equity with each payment; while car leasers are simply paying for the value they use, car buyers are paying for the whole thing. This means the car belongs to the buyer, without any payments, once any loans are paid off. This ends up being a great deal, especially when there are sales, like our Honda incentives, new car specials and used car discounts.
While leasing is better for some, buying is better for others and it all depends on the situation. Although we can't explicitly make the choice for you, we are here to help. Have additional questions? Our staff is available and ready to provide you with even more insight into the age-old debate!
