Honda Dealer Serving Dallas - Fort Worth TX

Leasing a New Honda vs Buying a New Honda Comparison | Norm Reeves Honda Serving Fort Worth TX

Advantages
Leasing
  • LOWER MONTHLY PAYMENT with low or no down payment
  • LOWER MONTHLY PAYMENT with low or no down payment
  • EASY TRANSITION to a new vehicle
  • NO TRADE-IN HASSLE at the end of the lease
  • LESS SALES TAX


Buying
  • OWNERSHIP - you can make modifications to the vehicle if and when you choose
  • NO EXCESS MILEAGE PENALTY - you drive as much as you want
  • MORE FLEXIBILITY in the buying and ownership process


Disadvantages

Leasing
  • NO OWNERSHIP - you do not own the vehicle at the end of the lease
  • LIMITED MILEAGE to a certain amount per year
  • MORE EXPENSIVE in the long-term if you decide to buy
  • FEES for excessive wear and tear can be a surprise at the end of the lease
  • EARLY TERMINATION FEES can be costly


Buying
  • HIGHER DOWN PAYMENT typically required
  • HIGHER MONTHLY PAYMENTS than lease
  • REPAIR COSTS after vehicle warranty expires
  • TRADE-IN/SELLING HASSLES potentially when you decide to get a new vehicle
  • DEPRECIATION in the value of your vehicle over time

Norm Reeves Honda North Richland Hills
7551 NE Loop 820
North Richland Hills, TX 76180

Phone: 817-605-5672
Directions To Dealership

Sales Hours

  • Monday 8:30am-9:00pm
  • Tuesday 8:30am-9:00pm
  • Wednesday 8:30am-9:00pm
  • Thursday 8:30am-9:00pm
  • Friday 8:30am-9:00pm
  • Saturday 8:30am-8:00pm
  • Sunday Closed

Inquire About Leasing A New Honda Today