Leasing vs. Financing a Honda in Tulsa, OK

Leasing vs. Financing: Which Should You Choose?

If you are planning to get a new vehicle to drive in Broken Arrow, OK, then you might be wondering what your payment options are. When you shop at Don Carlton Honda in Tulsa, you will almost certainly pay for your vehicle with one of two options: financing and leasing. While both of these options have different benefits, one might better suit your budget and preferences. Here is what you need to know about leasing versus financing.

What is Leasing?

When you lease a vehicle, you pay the dealership a monthly fee for the ability to drive it for a set amount of time, usually 36 months. During that time you are free to drive the vehicle all over Claremore. At the end of the leasing period, you have three options. First, you can return the vehicle to the dealership, no questions asked. Second, you can trade the vehicle for a new one from our inventory to lease. Third, you can buy the vehicle that you have been leasing. Leasing a vehicle lets you enjoy the prime years of a vehicle's lifespan, and you don't have to commit to a long-term financial arrangement.

Leasing Your New Honda

  • If a lower monthly payment is your priority, a Honda lease is the approach Tulsa residents should consider since you're only financing a portion of the vehicle's cost
  • A Honda lease puts local residents behind the wheel of a vehicle that offers the latest technologies and safety features every two to three years
  • Tulsa drivers who opt for a Honda lease option typically put down less money for their initial payment
  • Oklahoma drivers who select to go with a Honda lease can expect that most repairs are covered by the vehicle's warranty

What is Financing?

When you finance a vehicle, you take out an auto loan, giving you the ability to buy the vehicle right away and take it home to Owasso. You then have to pay back the loan over time with interest added. The primary advantage of financing is that you take immediate ownership of the vehicle. It belongs to you, so you can make modifications and changes without worrying about violating a lease.

Financing Your New Honda

  • By choosing an auto loan in Oklahoma, you won't have to worry about yearly mileage restrictions -- so you can enjoy complete freedom to take road trips whenever you want.
  • Once you pay off the car loan, you don't pay for anything except maintenance and insurance costs fort as long as you keep your Honda car
  • You build your equity in your Honda SUV every month, with complete control over what happens with the vehicle once your payments are done
  • When you finance your Honda, You have total say over any customizations you may want to make since you are the outright owner

Don Carlton Honda Makes it Easy to Lease or Buy Your Next Honda Vehicle

Drivers from throughout the area are fortunate that they can rely on the sound advice of the financing experts at Don Carlton Honda to help them choose whether it's to their advantage to finance or lease their new Honda car, truck or SUV. While some Tulsa, Broken Arrow, Bixby, Bartlesville and Muskogee drivers know that a Honda lease is ideal for their personal situations, others may find that an auto loan in Tulsa is the solution that works best for them. Read on to see which may be the ideal financing approach for you.

Learn More about Financing and Leasing at Don Carlton Honda

If you live near Pryor and you aren't sure whether financing or leasing is the better option for you, then you should get in touch with our Finance Center. Our staff can answer any questions you have, and let you know about any leasing or financing specials you might want to know about. To learn more about financing or leasing a vehicle at Don Carlton Honda, contact us today!

  1. Don Carlton Honda

    4141 S Memorial Dr
    Tulsa, OK 74145

    • Sales: (918) 770-8284
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  • Contact our Sales Department at: (918) 770-8284
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