Finance


Welcome to All-Star Honda’s Finance Department!

Finance
Contact us today to learn about the latest auto finance offers including lease and finance specials for new Honda cars, trucks, and SUVs at All-Star Honda. Our Finance Department will provide assistance to help you find financing options that fit your needs! Whether you have bad credit, no credit, or are a first time car buyer, you can trust that All-Star Honda will get you into the car or truck you choose with professionalism and attention to your needs.

Buying vs. Leasing

When it comes to buying or leasing a car the options can be confusing. To help you make an informed decision we have provided the information below. We hope you find it informative and useful.

When you buy the new or used car you pay for the entire cost of the vehicle. When you lease the new or used car, you pay for only a portion of the vehicle’s cost, which is the part you use during the time you are driving it.

Buying

Who Owns It
Whether you pay for the car with cash, or finance it and make monthly payments, either way it’s yours. Of course, if you’re financing it, you’ll have to meet the obligations the lender requires, like a certain down payment amount and timely monthly payments. If you don’t, they have the right to repossess it.

Up-front Costs
If you’re financing it, the bank will probably request a down payment. You can also trade-in another vehicle and use any equity towards your down payment. The amount of the down payment is usually based on the lender’s requirements and your credit score.

Future Value
Your vehicle will be worth whatever you can sell it for in the future and that depends on how well you maintain it. (Be smart and protect your investment with regular scheduled maintenance by a factory-authorized facility!)

End of Payments
Once you’ve paid off what you owe on your contract, that’s it. Your vehicle is 100% yours. The lending institution will send you a Lien Release as proof that the vehicle is completely paid off and all yours.

vs.

Leasing

Who Owns It
You do not own the car when you lease. You’re paying for the use of the vehicle, but the finance institution that you leased it through actually owns it. This is usually why you pay less per month in a lease than if you were to buy the car.

Up-front Costs
Leases often do not require any type of a down payment. All you usually have to pay is the first month’s payment, a security deposit, the acquisition fee and other fees and taxes. But, as with a purchase, if you want to lower your monthly payments you can always pay more upfront.

Future Value
In most leases you don’t end up owning it so you don’t end up selling it. That’s the financial institution’s job. Although you may have mileage limits and wear and tear guidelines that, if you exceed them, could cost you extra money when you turn your vehicle back in.

End of Payments
Most people return the vehicle at the end of the lease term. But some like to purchase it during their lease or at the end. Others like to trade it in before their lease is over. Just ask us about these different options before signing any paperwork and we’ll make sure you have your lease set up the way you want it.

Best Cars to Lease
The best cars to lease are those with the best book value after the term of the lease. Since they depreciate less, you pay less. Review the lease ratings to see which cars retain their value.

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866-637-1504

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6141 South 27th Street • Greenfield, WI 53221

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Today's Hours:

Open Today! Sales: 9:30am-9pm

Open Today! Service: 7am-9pm

Open Today! Parts: 7am-9pm

All-Star Honda

6141 South 27th Street Greenfield, WI
Phone: 866-637-1504 http://maps.google.com/?q=6141%20South%2027th%20Street%20%2C%20Greenfield%2C%20WI%20%2C%20WI%2053221

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Phone: 414-877-1355

Sales

Phone: 866-637-1504

Service

Phone: 414-877-1333

42.9321281 -87.9506407
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All-Star Honda
All-Star Honda
6141 South 27th Street
Greenfield, WI, 53221 United States
866-637-1504
https:https://www.allstarhonda.com/wp-content/uploads/2017/02/all-star-honda-open-graph.jpg
All-Star Honda 42.9321281, -87.9506407.