Price Honda

Buy vs Lease near Smyrna, DE

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Contact Information


Sales Hours

302-943-6000
Monday 9:00 am - 8:00 pm
Tuesday 9:00 am - 8:00 pm
Wednesday 9:00 am - 8:00 pm
Thursday 9:00 am - 8:00 pm
Friday 9:00 am - 8:00 pm
Saturday 9:00 am - 5:00 pm
Sunday 11:00 am - 4:00 pm

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

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.

Mary bricker-jenkins
GOOGLE
1-23-2020
Full Star Full Star Full Star Full Star Full Star

Visiting Delaware recently my Honda Ridgeline had a spasm! Seriously. All electronics shut down and I couldn't turn off the vehicle. Although they were fully booked, they took me in. A genius technician figured out how to take care of the problem, the service writer and manager made sure I was going to be safe on my way back to Tennessee. This is a superior dealership and one more reason to plan a move to Delaware.

Gloria B.
YELP
1-23-2020
Full Star Full Star Full Star Full Star Full Star

On Jan 20,2020 I had an issue on the road with my CRV and went to Price Honda. Shawn Betts was the service rep that assisted me when I arrived without an appointment. She not only explained everything she took the time to show me exactly what I needed to know. Shawn had me safely on my way in an hour. Patient, professional and an asset to the Price Honda Team. Job Well Done!!

Jerome Vernon
GOOGLE
1-22-2020
Full Star Full Star Full Star Full Star Full Star
Bradley Lapiska
GOOGLE
1-18-2020
Full Star Full Star Full Star Full Star Full Star

Had two Honda CR-V’s in for a recall fix. Easy to make the appointment. Beautiful facility. Very nice waiting room. Cars were finished before the estimated time given to me. Service people carefully explained what was done plus they did a free all points inspection. Love doing business with Price Honda sales and service associates.

Calvin Brooks
GOOGLE
1-18-2020
Full Star Full Star Full Star Full Star Full Star
Elizabeth Lewis
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star

Chris was amazing! He helped me pick my first car! He never once made me feel like I was being pushed to make a choice. He answered all of my questions with no hesitation and made sure I understood everything! Thank you Price Honda and Chris for such a wonderful experience in getting my new car!

Eric Tome
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star
Jean Betley
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star

Their service is fast and efficient. The waiting area is very comfortable, free drinks comfortable chairs, fresh fruit, clean bathrooms. Courteous service. I will always come back.

Paul Austin
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star

Great service and staff!

James S.
YELP
1-14-2020
Full Star Full Star Full Star Full Star Full Star

Took my truck in for routine service. Waited for it since I live about 50 miles away. Staff very pleasant and knowledgeable, facility very clean. Waiting area comfortable with drinks and fresh fruit. Timely service and they had me on my way when they said. Overall a very positive experience.

Randall Durich
GOOGLE
1-12-2020
Full Star Full Star Full Star Full Star Full Star

I have been leasing Hondas since 1986, most of them in my hometown of Pennsylvania. We moved to Delaware five years ago, and I have now leased to Honda CRV's from Price Honda. Yesterday I turned in my lease and leased a new CRV with the help of Justin Silva. Justin was knowledgeable, professional and courteous, and able to answer every question I had. In addition to that, I found Justin to be bright and friendly as we worked through my deal. Over the years I have worked with many outstanding associates from Honda, and I would put Justin at the top of that list! He was patient and took the time to go over ever detail with my new vehicle. i love the car, and I thank Justin for all his help. Randy Durich Lewes, Delaware

dennis wright
GOOGLE
1-11-2020
Full Star Full Star Full Star Full Star Full Star

everything was handle very well and quickly

Mike Fox
GOOGLE
1-11-2020
Full Star Full Star Full Star Full Star Full Star

5 Stars ALL THE WAY!! Justin and Isaac were amazing! It actually started out as a negative experience and wondering if we should not even pursue trying - but Justin and Isaac MADE THINGS HAPPEN! They took time to follow through, beyond the call of duty, and make this into a 5-star review. Very hard to do that, but they did - and we are grateful. See them, they will definitely take great care of your new or used car needs!

Withney Milord Korley O.D.
GOOGLE
1-10-2020
Full Star Full Star Full Star Full Star Full Star

Great service. Fast service. Friendly and courteous shuttle drivers (older gentleman in the morning and younger one in the evening). I can’t recall their names but they were helpful with dropping me off at work and picking me up after work. My overall first time experience at this Honda was positive. Thank you.

Don Farrell
GOOGLE
1-10-2020
Full Star Full Star Full Star Full Star Full Star

Justin provides us with excellent service during and after our meeting. And was very knowledgable with all the accessories

M Davis
GOOGLE
1-10-2020
Full Star Full Star Full Star Full Star Full Star
Toni W.
Toni W.
YELP
1-8-2020
Full Star Full Star Full Star Full Star Full Star

Our experience at Price Honda was outstanding. Would highly recommend them, especially Dwayne Stevens. He was very professional, knowledgeable and most of all not pushy.

susan strohm
GOOGLE
1-7-2020
Full Star Full Star Full Star Full Star Full Star

Very informative. Kept me up to date on everything needed to get my car running Responded quickly to any questions. Always got authorization from me prior to doing any testing or work on car. Wonderful experience.

Laura Griffith
GOOGLE
1-6-2020
Full Star Full Star Full Star Full Star Full Star

Justin Silva was professional, knowledgeable, and extremely helpful when I bought my car! I highly recommend him and Price Honda!

Cecelia Farrell
GOOGLE
1-4-2020
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

Joe Faries
GOOGLE
12-31-2019
Full Star Full Star Full Star Full Star Empty Star

Terrific service

C C.
YELP
12-31-2019
Full Star Full Star Full Star Full Star Full Star

Just showed up around 10 am and went through express lane. Fast, friendly and efficient. Oil change and battery change took an hour and a half. Way to go Honda!

Jesse Gaitan
GOOGLE
12-29-2019
Full Star Full Star Full Star Full Star Full Star

Thank you Justin and Natalia for the great service and the new car for my mom

Darlene Snyder
GOOGLE
12-29-2019
Full Star Full Star Full Star Full Star Full Star

Came in for wiper blade to replaced & I had my most prize posession with me my golden retriever Shadow because I was running late and just picked him up from my groomer. They welcomed us both & treated Shadow & I like royalty. Shadow & I both give them 5 Paws ! Thank u everyone in the service department at Price Honda keep up the great work u do !

Matty Scherr
GOOGLE
12-29-2019
Full Star Full Star Full Star Full Star Full Star

Justin Silva was my sales associate, and he was super knowledgeable about all of Honda's products, and when there is so many question marks during the car-buying process Justin had a justified answer for every single one of them. He got me into the Honda Civic I initially inquired about, and made sure I left with everything I need, and nothing that I don't. An admirable fellow, who conducts business with efficiency and integrity. Ask for Justin Silva, and he will calm your nerves and pull you through... 5 stars all the way..

G Shay
GOOGLE
12-28-2019
Full Star Full Star Full Star Full Star Full Star

My husband and I really enjoyed working with Justin Silva! We set out yesterday to "just look" and ended up coming home with our new CR-V EX! Justin was very knowledgable, attentive and thoughtful - no pressure at all. He was very positive and friendly and went out of his way to be informative and helpful. The other sales and finance associates we dealt with were also pleasant and easy to work with. It has been the best car buying/leasing experience we've ever had. Thank you, Justin!! Geri & Terry Shay

Kaitlyn Conboy
GOOGLE
12-28-2019
Full Star Full Star Full Star Full Star Full Star

Dwayne Stevens helped me purchase my second Honda yesterday and I absolutely love it! Dwayne's attention to detail and patience with me as he searched for the perfect car to fit my needs is unmatched. My family repeatedly returns to Price Honda for new cars and Dwayne Stevens is always our go to guy. His honesty, dedication, and professionalism is exceptional! I would highly recommend recommend Dwayne Stevens for anyone who is in the market for a new or used car.

alexis monet
GOOGLE
12-27-2019
Full Star Full Star Full Star Full Star Full Star

If you are going to Price- I highly recommend Justin Silva! This is my second Acura I have purchased from him, both one new and one used, and I don't regret any part of the process! Justin and Ricky made sure I was to leave each time with a satisfactory smile on my face. From the sales department to the service department I love Price all around!!

Carol Basher W.
Carol Basher W.
YELP
12-27-2019
Full Star Full Star Full Star Full Star Empty Star

My car had a recall on the piston rings but I was told the warranty ran out. Jenn worked on getting a reduced amount from $3600 down to $1500 for the rings & timing belt. Since I felt Honda should have been responsible for the entire piston rings job (not the timing belt),I felt a little betrayed. The car had been using oil for years which fouled the spark plugs, etc. but Honda Service said they have to wait for the car to misfire before they could do anything. Since I wanted to keep the car for a bit longer, I went ahead with the repair. Service person was pleasant & helpful.

Stephen H.
YELP
12-24-2019
Full Star Full Star Full Star Full Star Full Star

Would like thank Calvin Brooks for his professional service during my visit Saturday 21 Dec 2019. Also would like to thank the service department for the work was performed on my car.

Jennifer Lane
GOOGLE
12-23-2019
Full Star Full Star Full Star Full Star Full Star

Many thanks to Rafael Gomez! He selected my first Honda Civic two years ago and I loved it. After an unfortunate run in with a deer, I had to reach out to him to assist me with purchasing a second car. Again, he helped me pick out the perfect car! I can’t thank Rafael enough and would highly recommend him to anyone looking for a great experience and excellent customer service. He is very knowledgeable and took the time to show me how to use all of the new features in my new Civic. 5 stars, for sure!!!

Gil Zander
GOOGLE
12-23-2019
Full Star Full Star Full Star Full Star Full Star

Everyone helpful, knowledgable, and pleasent.

WILLIAM FALZARENO
GOOGLE
12-21-2019
Full Star Full Star Full Star Full Star Full Star

Staff is so friendly, informative and quoted accurately the work that my car needed. They also got the job done in less time then promised.

Cathy Gaiser
GOOGLE
12-18-2019
Full Star Full Star Full Star Full Star Full Star

I’ve been to Price Honda in Delaware & have been happy w the service & staff so far & if they keep me happy I’ll stick w them. I really like Price Honda the employees are fantastic with everything I’ve had done with them. Great experience so far. I’m hoping to stay with them so long as everything stays status quo. Thank you kindly Price Honda.

jennifer colato
GOOGLE
12-18-2019
Full Star Full Star Full Star Full Star Full Star

I got my first car todayyyy !!!!!!! So excited so happy and so many mix emotions!!!!!!!!!!i wanna thank Staff and Justin for making it happening he was willing to do anything and everything to make sure I was fit with the cars and made sure I was doing good throughout the process.i would totally recommend him and Price Honda staff to anyone looking for a used/new car everyone here is friendly

Phyllis Parker
GOOGLE
12-17-2019
Full Star Full Star Full Star Full Star Full Star

Enjoyed working with Shawn Betts at the Acura dealership many years and still enjoy working with her. Service was excellent and staff always friendly and helpful.

Steve Hastings
GOOGLE
12-16-2019
Full Star Full Star Full Star Full Star Full Star
Jeffrey Isom
GOOGLE
12-16-2019
Full Star Full Star Full Star Full Star Full Star

I had the best experience last week at Price Honda in Dover, DE. My salesperson was Justin Silva. Justin went above and beyond to make sure I was getting everything I wanted and needed. That service was continued by the Sales and Financing managers, answering all of my questions and concerns. This is my second time in three years that I have been treated to professional buying experience that everyone should consider Price Honda! Be sure to ask for Justin Silva!

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