In a lease, you contract to enjoy a new vehicle for a specified period of time. You can also choose to lease one of our premier Honda Certified Pre-Owned Vehicles.

One of the biggest advantages of a lease is that it does not usually require a substantial down payment. In many states, you can even pay the sales taxes as part of your monthly lease payment, rather than in a lump sum.

If the finance period is the same, your monthly payments will generally be lower when leasing (vs. traditional financing) because your payments will be based on the vehicles estimated depreciation (you are contracting to use a portion of the cars value, rather than buying the entire car).

A short-term lease makes it easy to drive a new car more frequently. Plus, if life changes demand a larger or smaller car in a few years, a lease can make it easier to plan and adapt.

You dont have to worry about resale value. If your car depreciates more than the estimated residual value in your lease contract at full term, you can turn it in at the end of your lease term. But if it is worth more, you can purchase it.

People who use a lease car for business may find larger tax deductions with leasing than with buying a vehicle. Check with your tax advisor.