Buy vs Lease near Vienna, VA

Contrary to popular belief, buying and leasing are two different methods of acquiring a new model from Honda of Chantilly. If you’re excited about sporting a factory-fresh automobile in the Vienna area, you should consider one of the rides at our dealership. Continue reading this article to learn about the benefits of purchasing and leasing an auto. 

Buy

Drivers who want to pursue a more traditional route to getting a vehicle should buy a set of wheels from our inventory using the finance program. This way, you’ll be able to add a new ride to your arsenal without paying a massive sum of money from your bank account. Additionally, you can spread out your earnings while commuting to work or a go-to shopping center near Beulah Road. To generate the cheapest monthly installments, ask our sales team about the maximum term, which is a seven-year contract. For a shorter period of payments, get the minimum duration which is two years. Once the final balance is covered, you'll own the automobile.

Lease

If you want a shorter commitment, then a lease agreement is the way to go. With this contract, you can borrow a new Honda model from our dealership. Before you drive the model off the lot and onto the highways like Interstate 495, you need to accept the mileage restrictions and term limit. Unlike the two to seven-year contract from financing, lease contracts last up to four years. Customers also have automobile and engine warranties to go along with this deal. You won’t have to worry about ownership or trading the ride in, you can simply speak to our Finance Department and switch to another lease and get an upgrade after your previous arrangement expires. But if you’re inclined to keep the set of wheels, change your contract to a finance plan. 

Other Advantages

When you’re buying or leasing a vehicle, the monthly contributions will improve your credit score over time. Making timely payments to accounts like auto loans or even leases will gradually increase. The lease end options give you several choices, and one of those include financing. If you’re focused on owning a set of wheels, the ride you’ve purchased can be used as an asset. In other words, you’ll be able to trade in the automobile and use its fair market value to reduce the retail price of units you desire. You can even utilize the unit to pay any fees you owe for a future lease. If you want a closer look at our inventory, stop by our dealership to check out the latest additions to our available stock.