Price Honda

Buy vs Lease near Smyrna, DE

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302-943-6000

Dealership Information

Buy vs Lease near Smyrna, DE

    

At Price Honda, plenty of our costumers come in wondering whether it’s better to buy or lease their next vehicle. Unfortunately, the answer is dependent on your current financial situation and your personal preferences because both options offer different advantages. If you’re eager to learn more, contact our Finance Department at 302-734-1000 or continue reading below.

What is Leasing?

We’ll start with the method of acquiring a vehicle that most people are a little confused about—leasing! To make it easy, you can think about leasing as borrowing a ride from us for a predetermined number of miles and years. Because you won’t own the car in question at the end of the contract, you won’t have to spend nearly as much money as you would if you were to finance. This option is great for folks who want to save money in the short-term but don’t want to sacrifice the ability to drive around in a factory-fresh auto. It’s also great if you want to be behind the wheel of new rides more frequently, as terms usually only last for two to four years.

How is Buying Different?

Typically, the clients here at Price Honda who have the funds and don’t mind long-term commitments go with financing. This avenue might cost more month to month, but you will eventually get to enjoy your chosen ride without having to make payments. That means you’ll inevitably end up paying less than you would if you were to lease. One downside is that you won’t be able to hop from vehicle to vehicle every few years, so if that’s a problem for you, this might not be the option for you. That being said, financing remains the most popular route folks take to get behind the wheel of their favorite set of wheels.

Financing Tools

As you might be able to infer, the best choice for you is dependent on your current budgetary limit and the amount of commitment you’re willing to pledge to. If you’re not sure where you stand financially, one quick place to find out is our website. Just navigate to the Financing tab above and select the Payment Calculator. By punching in a few numbers, you’ll have a better sense of your buying power and the estimated monthly cost of your chosen ride. If you can afford a costlier monthly rate and want to be an eventual car owner, go with financing. However, if you like being in the latest-and-greatest models, give leasing a try.

If you’re deciding whether to buy vs lease near Smyrna, DE, we hope this article has helped. The team here at Price Honda is always willing to lend a helping hand, so contact us if you need to. We hope to meet you soon!


Testimonials

"Easy and super nice"

Irene
DEALERRATER
3-31-2020
Full Star Full Star Full Star Full Star Full Star

I worked with Gary Larson and purchased a 2020 Honda Civic. Gary was super easy to work with and they helped me find the financing that kept my car payment where I needed it to be. Just a great group of people who made the car buying experience easy and stress free!

Jufran O.
YELP
3-24-2020
Full Star Full Star Full Star Full Star Full Star

No one touches my car but Price Honda. Always dependable. Fair price. Superb customer service

Tracy Merkel
GOOGLE
3-15-2020
Full Star Full Star Full Star Full Star Full Star

Glenn Harris was great to work with which made buying a car a lot more pleasant experience! Thank you Glenn!

Maria Martinez
GOOGLE
3-15-2020
Full Star Full Star Full Star Full Star Full Star

Honda in Dover, DE always goes above and beyond! They treat you like royalty and stand behind their work. I have been a loyal customer for 10 years as a result. I will not go anywhere else and I am very picky! Love you guys!

Helen Kennedy
GOOGLE
3-11-2020
Full Star Full Star Full Star Full Star Full Star

Friendly and knowledgeable staff! They took me without an appointment for light maintenance. I have been going to this dealership for 4 years now and I always feel great leaving. Thank you Honda 💚

P. Jones
GOOGLE
3-5-2020
Full Star Full Star Full Star Full Star Full Star

Fast, friendly, competent service. Explained what they did and reason for charges. Service folks and everyone are friendly and helpful. Shuttle service is available.

Fran Shane
GOOGLE
3-3-2020
Full Star Full Star Full Star Full Star Full Star

I would like to comment on my visit to Price Honda on Friday the 28th. i scheduled an appointment for 2:30 for an oil change. I arrived 5 minutes early , one of their staff greeted me immediately, took all my information and asked what my visit was for. They informed me that it would take about 45 minutes or longer for this service. I went inside to wait room , where they had coffee and drinks, nice relaxing area. I was approached around 3:15 to inform me that my car was ready ........ check out was quick and they went over the report for my 2011 Honda Accord. Very Pleased and Happy !!!!

Fallon P.
Fallon P.
YELP
3-3-2020
Full Star Full Star Full Star Full Star Full Star

Shout out to Guy Winer and Dwayne Stevens at Price Honda! We have been buying cars at Price Honda for over 20 years and the authentic care and concern for our satisfaction continues to shine forth. Purchasing a new vehicle is a major event in everyone's life and having a positive buying experience as we had is testament to their excellent care values. Thank you for our wonderful new 2020 Honda Pilot Black Edition. Sincerely, Mary Ellen & Joe Konrad (posted by Fallon Price, Assistant BDC Manager at Price Honda for clients)

Raven McBroom
GOOGLE
2-27-2020
Full Star Full Star Full Star Full Star Full Star

I bought my 2016 Honda Civic in April of last year. Brian Tapley helped me purchase my first financed car, and he was awesome. I was very indecisive, however he never made me feel pressured to make a decision and answered all of my questions. Since purchasing my car I have had it serviced and received excellent customer service. Everything is always explained thoroughly and I leave knowing my car was well taken care of.

Wayne Rafanelli
GOOGLE
2-25-2020
Full Star Full Star Full Star Full Star Full Star
Darrell Kraft
GOOGLE
2-23-2020
Full Star Full Star Full Star Full Star Full Star

Always have great luck with Price. Employees are helpful and honest. Service prices are half of others in town. Bought two vehicles there and get them serviced with them even though one is not a Honda.

Hazel Hall
GOOGLE
2-21-2020
Full Star Full Star Full Star Full Star Full Star

My recent experience with Price Honda was better than in the past. David was very concerned and professional. Explained the situation clearly. I use them frequently.

Serena Morris
GOOGLE
2-19-2020
Full Star Full Star Full Star Full Star Full Star

Always excellent service with Kristi !!!

Kelly Admussen
GOOGLE
2-18-2020
Full Star Full Star Full Star Full Star Full Star

Excellent customer service. Team is committed to making every service visit a positive experience, Thank you :)

Phil Ward
GOOGLE
2-17-2020
Full Star Full Star Full Star Full Star Empty Star

Thorough and efficient service. My van door was stuck open about 2 miles from the dealership. I pulled into service without an appt at noon. Krissy signed me in quickly and had the car scheduled quickly. Problem was diagnosed and fixed within a few hours. Communication via text and phone was excellent during time away from car. Not 5 stars because Price insists on a full diagnoses for most situations. This leads to identifying maintenance work that may not be necessary at the time. It costs about $135 and can lead to excessive up-selling. Identified issues are real but many are not necessary immediately. This leads to a lot of decision making which can be forced since they have the car and time is important to us all. As the saying goes, buyer beware.

Ouida C.
Ouida C.
YELP
2-16-2020
Full Star Full Star Full Star Full Star Full Star

They are my service center. Always excellent service. My low tire pressure light came on and I went in without an appointment. They quickly filled my tires and had me back on the road in no time, no charge. Highly recommend them!

Rosemarie Remsburg
GOOGLE
2-15-2020
Full Star Full Star Full Star Full Star Full Star

Great service and a wonderful staff.

Keith Warne
GOOGLE
2-13-2020
Full Star Full Star Full Star Full Star Full Star

Fast and great

John Richardson
GOOGLE
2-13-2020
Full Star Full Star Full Star Full Star Full Star

Excellent Service

Matthew Admussen
GOOGLE
2-12-2020
Full Star Full Star Full Star Full Star Full Star

I have brought in my old 2002 Civic multiple times and received nothing but fantastic service. My service advisor, Kristi, provides prompt feedback and always worked with me to provide cost effective solutions to my issues. I can say that, across two counties, and 6 states/provinces, Kristi has been the best service advisor I have had related to vehicle maintenance.

Cathy B.
Cathy B.
YELP
2-12-2020
Full Star Full Star Full Star Full Star Full Star

Excellent sign in process and service was perfect and finished ahead of estimated time.

Terry Pepper
GOOGLE
2-8-2020
Full Star Full Star Full Star Full Star Full Star

My wife and I recently purchased a Honda Pilot. The overall experience was fantastic, our sales rep Austin Markland was very professional. He was polite, courteous and extremely efficient. We highly recommend Austin and the Price Automotive Group to friends, family and anyone interested in purchasing a new vehicle.

Alan Evans
GOOGLE
2-7-2020
Full Star Full Star Full Star Full Star Full Star

Brittney was very helpful and courteous. A wonderful experience

CHERYL SOYSTER
GOOGLE
2-7-2020
Full Star Full Star Full Star Full Star Full Star

Great service, very nice and helpful reps. Got me back on the road fast.

James FitzSimmons
GOOGLE
2-6-2020
Full Star Full Star Full Star Full Star Full Star
Joseph Parks
GOOGLE
2-5-2020
Full Star Full Star Full Star Full Star Full Star

My wife and I have been dealing with Price Honda for over 40 years, have consistently experienced excellent service in the sales and service areas, if Sheila ever retires Price should fly the flag at half staff, thanks

Joseph C.
YELP
2-3-2020
Full Star Full Star Full Star Full Star Full Star

Stopped in to get my console unstuck because it had my registration inside it. I did not want to force it. The staff was very helpfull and had me on my way in less than 15 minutes. Thank you Price Honda. You guys are great!

joseph sequeiros
GOOGLE
2-2-2020
Full Star Full Star Full Star Full Star Full Star

Everytime we bring ours crv's,services always very professional, staff very friendly. Thank you!!

Pieta Shukwit
GOOGLE
2-1-2020
Full Star Full Star Full Star Full Star Full Star

My only complaint is that Price should be closer to Lewes. Love their service, their sitting room, their friendly and efficient staff.

michael markowski
GOOGLE
1-29-2020
Full Star Full Star Full Star Full Star Full Star

Great service at time appointment was scheduled for. Friendly & efficient person set me up for scheduled maintenance & waiting time for completion of work was very reasonable. Clean & comfortable waiting area.

Mandy Horseman
GOOGLE
1-26-2020
Full Star Full Star Full Star Full Star Full Star

Great customer service all around.

Horacio Rojas
GOOGLE
1-26-2020
Full Star Full Star Full Star Full Star Full Star
Peter Grant
GOOGLE
1-25-2020
Full Star Full Star Full Star Full Star Full Star

Impressive service. Courtesy on time. Promises and price kept.

Cecelia Farrell
GOOGLE
2-7-2020
Full Star Full Star Full Star Full Star Full Star

Justin Silva was recommended to us by a happy customer who had just purchased a CRV through him. We were so pleased with the service he gave us and the knowledge he had about the car! He was attentive and helpful and demonstrated a singular customer focus. He has gained us as loyal customers for the Price Honda dealership. So go to Price for your auto needs and make sure to ask for Justin We wanted to add a note about our recent experience with the Service Department. Nicole Mangone was our service rep and everything she did for us exceeded expectations. We needed some repainting done on our new lease and she had the paint rep come out to speak with us. They gave us a loaner car and said it could take a week. They were done in 3 days! Tracy also assisted us and was equally as helpful. It is so obvious to us that Price Honda works very hard to be the leader in car dealerships. They are a 5 Star operation from Sales to Service!

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