Lower monthly cost
Payments are often lower than financing the same new Honda, because you are paying for the term of use rather than the full price.
Reineke Honda · Findlay, Ohio
Leasing is a way to drive a new Honda for a set term, then choose what comes next. At Reineke Honda, the finance team walks through the payment, the miles, and the end of the contract before you sign.
A loan pays down the price of the vehicle until you own it. A lease covers the expected drop in value over the term, often 36 months, plus fees spelled out in the contract. You drive the Honda, keep up the maintenance, and stay inside the mileage written in the agreement.
When the term ends, you can return the vehicle, buy it if the contract includes a purchase option, or look at another Honda. Reineke Honda can help with a return even if the original lease was written somewhere else.
Payments are often lower than financing the same new Honda, because you are paying for the term of use rather than the full price.
Drivers who like current features and a factory warranty for much of the term often prefer a new lease every few years.
Leasing fits best when your yearly miles stay near the limit in the contract. Extra miles are billed at the rate in that agreement.
About 30 to 60 days before the contract ends, schedule an inspection. A technician checks for wear beyond what the agreement allows. You are also responsible for miles over the limit.
From there you can buy or finance a different new or pre-owned vehicle, purchase the Honda you have been driving, or start another lease. If you want to compare owning and leasing first, read buy vs. lease.
No. The lessor owns it during the term. You return it, buy it, or move into another vehicle when the contract ends.
Yes. Bring the Honda to Reineke Honda in Findlay and the team will walk through the return and what you want to drive next.
Term length, miles allowed, excess-wear rules, due at signing, and whether you can buy the vehicle at the end. The finance office goes through those line by line.