Most leases charge you for any damages made to the vehicle. However, if you decide to sell or trade in your vehicle, the mileage may impact its value. Whatever you choose as your base mileage option, you'll retain the opportunity to purchase more miles later on. We offer a variety of mileage options for you to choose from to meet your driving needs. You can opt to pay your balance off faster by paying more against the principal.
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Because you're paying for the vehicle's full price over the term of your contract, your monthly payment will typically be higher than if you were leasing the same vehicle over a similar term. You will have a set number of payments, each of which may help you build equity in your vehicle. Payments are based on the terms of your financing contract.
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Since you pay for the vehicle's depreciation, plus applicable taxes and fees instead of the purchase price, you can drive a premium vehicle for less than you might with financing over a similar term. You own the vehicle outright after your financial obligations are met, and you can sell your vehicle or trade it in at any time. You pay to use it during the term of your lease, allowing you to drive the latest models. When you lease a vehicle, you do not own it. That means total ownership and maybe even equity. Financing your vehicle allows you to make payments for a selected term, and at the end of that term, the car is yours. If you can't wait to make a Honda car, SUV, truck or van your own – customize it however you wish, and drive it to the ends of the earth, then financing with Honda Financial Services is the way to go. With a variety of lease options, you can choose the term and mileage that best fits your lifestyle and payment needs. Drive a new Honda for a set amount of time and number of miles, and return it to Elk Grove Honda near Sacramento at the end of your term. If you like to change things up every few years, or if you're looking to lower your monthly payment, leasing with Honda Financial Services may be the option for you.
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