Buy vs. Lease: What's Better?

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.