Visit East Coast Honda for a New Car Loan or Lease

Financing your next vehicle can feel like a simple and straightforward process when you visit East Coast Honda. We have a great selection of new Honda cars and used vehicles and the sales associates to help you find which one will fit your lifestyle. We also have a finance department that stays committed to providing you with quality service and a selection of financing options so that you can find a payment plan that works for your budget. Typically, lenders offer two basic ways to finance your vehicle. You can either get a traditional loan, or you can sign a Honda lease. Depending on your financial situation, you will find benefits and drawbacks to both options. Knowing a little bit about each of the options can help you decide. Our Honda finance team will help.

Advantages of Leasing a New Honda Vehicle

Leasing makes a great option for drivers who plan on upgrading to a new vehicle in a couple of years. When you get into a lease, you'll typically pay less per month for the lease than what you would pay for an auto loan for the same vehicle. Also, some people prefer a lease because they want the tax break that can come with leasing a car for business purposes.

Advantages of Choosing a Car Loan

A traditional loan makes a good option for drivers who know they want to buy the vehicle outright. Loans represent a great option because you can eventually pay it off, at which point you own the vehicle. Some drivers prefer a regular loan because they want to modify the vehicle and drive it as much as they see fit. You can't do either when you enter into a lease agreement.

Buy or lease a new car, SUV, or truck today at East Coast Honda. No matter which financing option you choose, our team of professionals will walk you through the process and explain the fees associated with both options.

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