Honda Lease Offers in Falls Church, VA

Most people face the decision of whether to lease or buy a new vehicle when they want to drive one. The benefits of leasing have made it an increasingly popular choice over purchasing or financing a car outright. Thus, leasing is an excellent choice when shopping for a new car in today's ever-changing financial landscape.

But what does it mean to lease a car? Essentially, a lease is renting a car at a reasonable price for an extended period. Upon expiration of your lease, you can either return the vehicle or lease a newer model. The cost-effective alternative to car ownership is leasing, regardless of whether you're a seasoned or new driver. Our goal at Bill Page Honda is to make the leasing process as simple and convenient as possible. Whether you want a flexible lease term or a low monthly payment, our Honda dealership in Falls Church, VA, provides it all.

Should You Lease Your Next Vehicle?

It is important to consider a few things before signing a lease. Unlike financing, leasing does not result in ownership of the vehicle at the end of the lease period. Furthermore, leasing a car doesn't allow much customization, so you should consider financing instead of leasing if you plan on adding any custom accessories.

The following factors should also be considered:

  • How long do you want to lease the vehicle? Generally, lease agreements last for a few years. Thus, leasing allows you to switch out your vehicle after a couple of years and drive something new.
  • Are you someone who follows automotive trends? When it comes to automotive trends, leasing is a great way to experience them first-hand. You can lease the trim with the latest safety and technology features.
  • Would you like to switch vehicles seamlessly? Owning a car and trading it in to purchase a new one can be stressful. In contrast, if you lease a car, you'll be able to return the vehicle to us at the end of the lease term and decide what you'd like to drive next.

Benefits of Leasing a Honda from Bill Page Honda

If you are trying to decide whether to lease or finance your next car, it is helpful to consider all major factors. Ultimately, most buyers decide based on what they can afford to pay each month.

Here are some appealing advantages of leasing a Honda:

  • You can drive a brand-new Honda in its prime. With leasing, you can enjoy driving a brand-new vehicle for your preferred period. Some certified pre-owned Hondas are also available for leasing, giving you even more savings.
  • You enjoy flexible terms. Depending on your needs, you can lease for a period ranging from 24 to 60 months or eliminate monthly payments altogether with Honda's One-Payment Leasing.
  • There's end-of-term flexibility. Upon the expiration of your lease, you have different options. You can purchase your vehicle at its guaranteed purchase price, lease a different Honda model, or simply return it.
  • You can buy the leased vehicle at a guaranteed price. Honda Leadership LeasingĀ® provides a lock-in end-of-lease purchase price when you sign the lease contract if you decide to buy your vehicle in the end. The guaranteed price helps protect you from market fluctuations.
  • You need less cash for upfront payments. The most significant advantage of leasing is that you typically don't have to make a large down payment. A lease agreement in most states allows lessees to pay sales tax on their vehicle as part of their monthly payment instead of upfront.
  • You can enjoy lower monthly payments. Compared to financing, leasing typically has lower monthly payments because lease payments are based on depreciation rather than the vehicle's total value over the same period and similar terms. Leases allow you to use a portion of a car's value rather than its full worth.
  • There's an excessive wear-and-use or damage waiver. As part of the Honda Leadership Leasing program, each lease also includes a $500 Excessive Wear-and-Use or Damage Waiver. You may be eligible for additional waiver coverage with Honda if you choose another model and lease or buy it.
  • You can enjoy driving a new Honda more often. With a short-term lease, you can get newer models more frequently. Also, if your situation changes and you need a larger vehicle to accommodate a growing family or a more efficient vehicle for a longer commute, this option is beneficial.
  • There are tax benefits for business owners. Leasing rather than financing your vehicle may be more advantageous if you use it for business purposes. Consult your business tax advisor if you want to take advantage of this benefit.

Buy or Lease Honda From Bill Page Honda

Lease your next Honda and enjoy freedom, flexibility, and financial advantages. This is more than just practical; it's a chance to drive your dream car without draining your bank account. We look forward to being your leasing partner at the Bill Page Honda dealership in Falls Church, VA. Visit us today and check out our car lease offers and lease specials in Falls Church, VA.