Honda Lease near Albuquerque, NM

Choosing between Honda financing or a Honda lease near Albuquerque, New Mexico, can be a big decision. That's why the team at Perfection Honda likes to work with our customers to discuss their lifestyle, budget, and car-buying goals before they make their final decision. To get started, a lease is a contractual agreement where you can use a vehicle for a specified period, usually 2 to 3 years, in exchange for monthly payments. Unlike buying, you don't own the car; you're essentially renting it. A huge benefit for most drivers is that lease payments are generally lower than loan payments, and there might be a lower down payment. However, it's essential to keep in mind that leases come with mileage limits and require you to maintain the vehicle. At the lease's end, you have options like returning the vehicle, buying it at its residual value, or leasing a new one. A Honda lease can be advantageous for those who want a new car every few years with lower monthly costs but may not suit high-mileage drivers or those looking to build equity in a vehicle. For complete details on the leasing process and to learn more about our latest Honda lease offers, contact the Perfection Honda team today!