Should I Buy or Lease My Honda?

When you're in the market for a new ride, auto shoppers at our San Antonio Honda dealer have more than one way to get behind the wheel of a high-quality vehicle - they can either buy a vehicle or lease on. While tricky to determine on your own and dependent on your driving habits, financial history, and personal preferences, our attentive financial experts are here to help you make the best choice for you with our detailed breakdown below. Whether you're concerned about mileage restrictions or monthly payments, the Gunn Honda team will help you determine which option is better suited to your needs so you can feel confident no matter which route you decide to take!

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	Buying	Leasing
Pros:	You own the vehicle There are no mileage restrictions The vehicle is yours to customize however you see fit You can sell or trade it whenever you want. You can visit any of our Sell It 2 Gunn car buying centers in the San Antonio area and we will be happy to assist you! Gain equity	Typically lower payments/down payments Can drive a newer model more frequently Normal repairs are generally covered by a warranty Easy to return after lease
Cons:	Large initial down payment Monthly payments and interest on monthly payments are higher Can be a hassle to sell or trade-in You're responsible for repair costs Can develop negative equity	Extra fees if you exceed mileage restrictions Can't make modifications to the vehicle Responsible for excessive wear and tear fees Costly charges for ending the lease early Can't build equity

Learn More from Your Honda Dealer in San Antonio

No matter if you decide to purchase or lease one of the many new Honda models for sale on our San Antonio lot, our team of financial experts are more than ready to guide you through the process. Our friendly finance managers have plenty of experience working with a diverse population and have the resources necessary to find you the right auto loan options for your financial situation. With Gunn Honda's competitive leasing and purchasing options, you can finally make your dream of owning a new car a reality.

If you have any questions about the leasing or purchasing process, don't hesitate to reach out to our team at Gunn Honda! We can't wait to help you into a new Honda vehicle!

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