The Honda CR-V is the newest in a line of name-making compact SUV’s that are, not only safe and stylish, but affordable as well. However, what options do you have when you feel like you cannot afford to pay a car note based on the base model’s $23,320 MSRP*? This article discusses your option to lease this fantastic vehicle in order to bring it home to your family today.
According to Kiplinger, 30% of new car transactions were made via leasing. Apparently, leasing a car has developed a bad reputation among circles. Especially in the midst of a nationwide recession, everyone has grounds to be leery about anything that involves renting, interest, and financing. Fortunately, there are quite a bit of perks to leasing a new car, like the CR-V.
Reason #1: You are not bound to that car
If your ultimate goal is to own your car for years after you purchase it, then you will save money in the long run by simply buying the vehicle. However, if you are the type of person who needs to switch cars every few years, or cannot commit to a certain model for more than two to three years, then you will greatly benefit (and save money) by leasing you Honda CR-V. In fact, leasing this vehicle will allow you to upgrade as needed to future models of the same car to keep you ahead of the curve in Honda’s safety and comfort technology.
Reason #2: In Florida, you get a tax break
It is a good time to live in the state of Florida, especially if you want to lease a new Honda CR-V. In Florida (and some other states), you only pay sales tax on your monthly lease payments, as opposed to the vehicle’s full price. In doing so, you pay less overall taxes during the course of your ownership on the vehicle.
Reason #3: You don’t have to amass a large down payment
Many people are not able to collect a large down payment prior to obtaining a car. Many dealerships allow you to put down nothing to several thousand dollars to begin leasing your 2015 CR-V, and the rate will depend on the make, model, and mileage of the lease vehicle. Although the truth of the matter is that a low down payment usually results in higher monthly payments, for many, this is a more manageable expense than amassing several thousands of dollars upfront.
Reason #4: You can lease for three years, just in time to evaluate your next favorite car
Choose a lease vehicle that is reliable, durable, and meets your needs as the family driver. Choose features that you will enjoy for years, specifically, three years. Most leases on new cars runs for three years, and this is just enough time for most people to get tired of their current car, or need to upgrade to keep track with innovations in car technology. Imagine: someone who leases a car three years ago can upgrade to a 2015 Honda CR-V can enjoy new features like Pandora compatibility, enhanced digital safety features, and standard rearview camera. They would never have expected innovations like this three years ago, and who knows what innovations a future lease owner can enjoy three years from now?
Lease Your Honda CR-V
Pick your color, your trim, and your lease agreement. The customer service experts at Hendrick Honda Bradenton in Bradenton, FL are ready to set you up with the lease vehicle of your dreams today.
*MSRP excluding tax, license, registration, $830.00 destination charge and options. Dealer prices may vary.