Print

Leasing vs.Financing



Leasing vs. Financing


It is our hope that Classic Honda, one of Brampton's and the Greater Toronto Area (GTA) largest volume Honda dealerships will address a number of issues that will relieve the confusion of which one is best for you. In the past Classic Honda's leasing clients have been able to take advantage of the benefits offered from leasing a new Honda Accord , Civic , CR-V , CR-Z , Fit , Insight , Odyssey , Pilot  or Ridgeline .

However,people have different driving requirements or more importantly, financial needs.




Leasing

If you are considering the leasing of your next new Honda vehicle you need to ask yourself the following.


  • Do you enjoy driving a new vehicle every three to four years ?
  • Do you enjoy having the latest vehicle conveniences, the latest safety features and few if any out of warranty repairs ?
  • Do you drive an average number of kilometers per year ?
  • Do you desire an overall lower maintenance coast for the three to four years of vehicle operation ?
  • Do you want lower monthly payments on your next new Honda ?
  • Do you like the hassle of trading in or privately selling your older vehicle?

These are a few excellent considerations for choosing the option of leasing your next vehicle. Your answers to the above are important in making the final decision.





To Purchase or Finance


Before purchasing your next new Honda consider the following considerations.

  • Are you in a position to pay cash for your next new Honda ?
  • Do you mind having higher monthly payments ?
  • Do you like long term financing to get to an affordable payments.
  • Do you like to hold on to your vehicle for many years before it is used as a trade-in, privately sold or given to a family member ?
  • Is it important to have the feeling of eventually being free of debt after the last payment ?
  • Is it important to have the feeling of ownership once the vehicle loan has been paid off ?
  • Do you mind the cost and the possible inconvenience of expected repairs once the warranty has expired ?
  • Do you like having to purchase additional warranty for your vehicle in order to not worry about the expected and unexpected repairs ?
  • Do you like to customize your vehicle ?
  • Do you drive more than average or the leases allotted 24,000 kilometers per year ?
  • Do you have possible life style or job changes in the near future ?
  • These are a few excellent considerations for choosing the option of purchasing your next vehicle. Your answers to the above are important in making the final decision.






IMPORTANT
If after reading these points and you still have doubts or questions, you can speak with one one our leasing department representatives.

Classic Honda Leasing Department
(905)454-1434




If you are looking at the possibility of leasing a brand new Honda and have questions, we have the answers. The Leasing Department web pages have the following useful headings such as, Lease vs Finance
, Honda Lease Loyalty Centre , Honda Gap Protection , Honda Document Requirements , Honda Lease Guard , Honda Lease Terms , Honda Lease Assumption , Honda Allowable Kilometers , and Honda Lease End Process Vehicle Inspection . 

Contact Information

Classic Honda

30 Van Kirk Drive

BRAMPTON, ON L7A 2Y4
sales Sales:
1 (866) 671-2681
service Service:
1 (888) 894-6791
parts Parts:
1 (866) 531-6937

Hours

  • Monday: 9am - 9pm
  • Tuesday: 9am - 9pm
  • Wednesday: 9am - 9pm
  • Thursday: 9am - 9pm
  • Friday: 9am - 8pm
  • Saturday: 9am - 6pm
  • Sunday: Closed