Should you buy or lease a car in Kauai? It really depends on how you plan to use the vehicle. Young people who are just starting their careers may prefer to lease a car because there's more flexibility if they move to a new city or start a family. Other Kauai, HI drivers who want a vehicle they can keep for a long time will want to buy it. Whatever your situation is, the auto financing specialists at King Honda will help you find a plan that meets your needs.
Benefits of Leasing a New Vehicle
Leasing a car is beneficial for people in Kauai who don't have a lot of cash on hand. That's because the down payment is usually lower, as are the monthly payments. When you lease a vehicle, you're only paying for the time you drive it, rather than the full cost of the car. Lease deals generally only run for two to four years, so it gives Kauai drivers an opportunity to "try out" a vehicle without having to make a long-term commitment.
Since the car will be under its factory warranty the entire time you drive it; you won't have to worry about repair expenses with a leased vehicle. You also don't have to hassle with reselling or trading it in. When the lease ends, you can simply return the vehicle and pay any mileage or wear-and-tear fees you've accrued. You'll then have the option to buy the leased car, start a new lease on a different vehicle, or purchase a different car.
Advantages of Purchasing or Financing a New Car
When you buy a car, it's yours and you can drive it as much as you like. There are no mileage fees or wear-and-tear costs for a vehicle you buy. Kauai drivers are free to customize the car, as well. Unlike with a lease, financing lets you reach a point where you will no longer have to make any car payments. You can also sell or trade in the vehicle on your own schedule. People in Kauai may even be able to someday pass down a car they bought to a younger family member if they choose.
Contact Our Finance Department for Assistance
Buying or leasing a car is a major decision for Kaui drivers, but the knowledgeable financial advisors at King Honda will assist you every step of the way. Contact us to apply for financing or to discuss your lease options today.
