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Map 1904 50 Avenue, Lloydminster, AB Today 9-6pm (780) 875-8355
Home / Vehicle loans in Lloydminster Alberta / Buy vs. Lease: What's Better?

Buy vs. Lease: What's Better?

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Choosing between buying and leasing a car typically comes down to priorities. For some drivers, it’s a matter of dollars and cents. And for others, it’s about the benefits of owning a vehicle. If you are also struggling with the decision of leasing or buying a car, you are at the right place. Our team of experts at Lloydminster Honda in Lloydminster, AB, has listed the key distinctions between leasing and buying so that you can make an informed decision. Alternatively, you can contact us by dialing 780-875-8355 for further assistance.

View Our New Honda Inventory

2018 Honda Odyssey EX-L RES
2018 Honda Odyssey EX-L RES
$29,774
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2017 Honda Ridgeline Touring
2017 Honda Ridgeline Touring
$31,774
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2019 Honda Civic Sedan LX
2019 Honda Civic Sedan LX
$32,774
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2020 Honda CR-V EX-L
2020 Honda CR-V EX-L
$39,774
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2021 Honda CR-V LX
2021 Honda CR-V LX
$41,774
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2022 Honda CR-V Sport
2022 Honda CR-V Sport
$45,774
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2020 Honda Pilot Touring 7-Passenger
2020 Honda Pilot Touring 7-Passenger
$46,774
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2024 Honda CR-V Sport
2024 Honda CR-V Sport
$49,204
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2023 Honda Passport Sport
2023 Honda Passport Sport
$54,216
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2024 Honda CR-V Hybrid Touring
2024 Honda CR-V Hybrid Touring
$56,904
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2024 Honda CR-V Hybrid Touring
2024 Honda CR-V Hybrid Touring
$56,904
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2024 Honda CR-V Hybrid Touring
2024 Honda CR-V Hybrid Touring
$56,904
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2024 Honda CR-V Hybrid Touring
2024 Honda CR-V Hybrid Touring
$56,904
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2024 Honda CR-V Hybrid Touring
2024 Honda CR-V Hybrid Touring
$56,904
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2024 Honda CR-V Hybrid Touring
2024 Honda CR-V Hybrid Touring
$56,904
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2023 Honda Passport Sport (HPD KIT)
2023 Honda Passport Sport (HPD KIT)
$58,907
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2023 Honda Ridgeline Touring
2023 Honda Ridgeline Touring
$61,761
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2023 Honda Ridgeline Touring (HPD)
2023 Honda Ridgeline Touring (HPD)
$63,924
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2024 Honda CR-V Hybrid EX-L
2024 Honda CR-V Hybrid EX-L
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2024 Honda CR-V Hybrid EX-L
2024 Honda CR-V Hybrid EX-L
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2024 Honda CR-V Hybrid Touring
2024 Honda CR-V Hybrid Touring
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2024 Honda CR-V Hybrid EX-L
2024 Honda CR-V Hybrid EX-L
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2023 Honda Ridgeline Black Edition
2023 Honda Ridgeline Black Edition
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2024 Honda HR-V EX-L Navi
2024 Honda HR-V EX-L Navi
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2024 Honda HR-V EX-L Navi
2024 Honda HR-V EX-L Navi
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2024 Honda CR-V Hybrid EX-L
2024 Honda CR-V Hybrid EX-L
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2024 Honda CR-V Hybrid EX-L
2024 Honda CR-V Hybrid EX-L
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2024 Honda HR-V LX-B
2024 Honda HR-V LX-B
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2016 Honda CR-V LX
2016 Honda CR-V LX
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2024 Honda HR-V LX-B
2024 Honda HR-V LX-B
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2023 Honda Ridgeline Black Edition
2023 Honda Ridgeline Black Edition
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2024 Honda CR-V Hybrid Touring
2024 Honda CR-V Hybrid Touring
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2024 Honda CR-V Hybrid Touring
2024 Honda CR-V Hybrid Touring
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2024 Honda CR-V LX-B
2024 Honda CR-V LX-B
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What’s the Difference Between Buying and Leasing a Car?


Leasing a car is like renting it for a specific and limited time. Once your lease ends, you can return your vehicle or purchase it at a pre-agreed price, as mentioned in the lease contract. Moreover, leasing a car reduces the financial burden with lower monthly payments and upfront cost. But if you are looking for a vehicle for the long-term, buying it is the better choice financially. Buying a car gives you complete control over all its aspects. Additionally, if you own a vehicle, you can decide to keep it, sell it, or trade it in for a new model when you want to drive another car.  



Why Choose Lloydminster Honda to Buy/Lease a Car? 


No matter what you choose, you can come to us at Lloydminster Honda to get behind the wheel of your favorite car. Our dealership has an extensive inventory of new Honda models and pre-owned vehicles in top-notch condition. Additionally, you can take your favorite car out for a spin by test-driving it at our dealership in Lloydminster, AB. Whether you buy or lease a vehicle from us, you don’t have to worry about credit approval as we work with various lenders to tailor the best financing packages, regardless of the credit situation.   




 

Interested in buying or leasing a honda?

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