Benefits of Leasing Your Next Vehicle

January 12th, 2024 by

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Honda Leasing in Ridgeland, MS

If youā€™re in the market for a new car, SUV or truck, you may be on the fence as to how you want to get your next vehicle. Perhaps youā€™ve wondered if you should go the traditional route and get a car loan or if leasing a vehicle is more your speed. Here are some reasons why leasing your next vehicle may be the option for you.

Save Money

For many new car buyers, leasing is an appealing option as itā€™s often associated with lower monthly payments. Opposed to paying off the whole value of the vehicle, monthly payments will cover the depreciation value, rent and taxes over your leasing term.

The depreciation value is often much lower than the total purchase cost, saving you money in the long run. This extra money can be used later for potential upgrades or simply to keep for a rainy day.

Greater Variety of Vehicle Option

Choosing the option of leasing opens the door to a larger variety of luxury styles. As monthly payments tend to be lower, youā€™ll have more choices of cars readily accessible so you can find a vehicle that best matches your needs.

Lower Repair and Maintenance Costs

Overall, most leased vehicles are covered under the manufacturer warranty which may include oil changes and other maintenance services to keep your vehicle in the best condition for less. As leased vehicles tend to be newer, theyā€™ll usually come in great condition meaning less trips to the mechanic.

Shopping for a New Vehicle With Patty Peck Honda

Come let us help you find your new ride here at Patty Peck Honda. We offer a wide range of vehicle styles and have many special offers. Feel free to contact us today to schedule a test drive.

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