

Honda Leasing
The decision to lease or finance depends on many factors, but most customers make the decision based on monthly payments and how long they typically drive their vehicles. You can take the quiz at the bottom of the page and/or look at the pro's and con's of leasing and buying below.
Customers are able to do one of three options at the end of a lease:1. Turn their lease in and get into a new Honda purchase or lease
2. Turn their lease in after inspection and purchase different vehicle
3.Purchase the lease out for the residual value determined at original lease signing
To get the best leasing deal, it's imperative to understand the complicated vocabulary associated with leasing. Click the button to the right to read through the leasing glossary to ensure you understand the basics. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Pros of Car Leasing:
| Cons of Car Leasing:
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Pros of Buying a New or Used Car:
| Cons of Buying a New or Used Car:
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If You Choose to Lease
- The mileage allowance section.
- Amount of required insurance coverage.
- Wear and tear specifications.
- Whether you're agreeing to an open-end or a closed-end lease. A closed-end lease allows you to walk away at the end of your agreement, while an open-end lease requires purchasing the car at the end or your agreement.
- The Federal Consumer Leasing Act Disclosures. This houses all of the payment breakdowns.
- Conditions regarding early lease termination.
- Information on gap insurance (also known as gap protection). This covers you against early termination fees resulting from theft or accident.
Less cash up front, flexibility and lower monthly payments than financing. Ask our leasing specialists about leasing through Honda financial services at (888) 587-6419. We can further discuss which option will work best for your personal situation and lifestyle. Whether you are located in Spokane or traveling from Coeur D' Alene, Lewiston, Spokane Valley, Tri-Cities or Pullman we will get you the most competitive lease rates on new Honda's.