• Honda

Wilde Honda

1603 East Moreland Blvd
Directions Waukesha, WI 53186

  • Sales: 262-542-9300
  • Service: 262-226-8819
  • Parts: 262-542-4844

Wisconsin's #1 New Volume Honda Dealer*

Lease or Buy?

Milwaukee Lease vs Buy

The decision to lease or finance depends on many  factors, but most customers make the decision based on monthly payments  and how long they typically drive their vehicles. In general, customers who lease prefer to drive a new  car every 2-3 years and appreciate making lower monthly payments. For  certain business customers there may also be additional tax advantages with leasing. Customers who finance their vehicles tend to drive them for five to 10 years and appreciate driving without mileage limitations. Explore the detailed benefits of leasing and financing below:


Drive the Vehicle at Its Prime

In a lease, you contract to enjoy a new  vehicle for a specified period of time. You can also choose to lease one  of our premier Honda Certified Pre-Owned Vehicles.

Less Cash Up Front

One of the biggest advantages of a lease is  that it does not usually require a substantial down payment. In many  states, you can even pay the sales taxes as part of your monthly lease  payment, rather than in a lump sum.

Lower Monthly Payment

If the finance period is the same, your  monthly payments will generally be lower when leasing (vs. traditional  financing) because your payments will be based on the vehicle's  estimated depreciation. (You are contracting to use a portion of the  car's value, rather than buying the entire car).

A New Car More Often

A short-term lease makes it easy to drive a  new car more frequently. Plus, if life changes demand a larger or  smaller car in a few years, a lease can make it easier to plan and  adapt.

Guaranteed Future Value

You don't have to worry about resale value.  If your car depreciates more than the estimated residual value in your  lease contract at full term, you can turn it in at the end of your lease  term. But if it's worth more, you can purchase it.

Tax Advantage for Business Use

People who use a lease car for business may  find larger tax deductions with leasing than with buying a vehicle. Check with your tax advisor.


Get the Most Out of Your Vehicle

If you typically keep your vehicle for five to 10  years, then traditional financing may be your best option. With our  competitive rates and flexible terms, Honda Financial ServicesSM just may be your best choice in financing your new vehicle.

Ownership Equity

Payment by payment, your ownership equity may  increase. And the longer you drive the vehicle after your contract is  complete, the more value you derive from your investment.

No Restrictions on Mileage

This is important to consider if you drive more than 12,000 to 15,000 miles per year.

Make Changes to Car's Appearance

You can alter the interior or exterior to suit your taste (though your choices may affect the resale value).

Buy Vs Lease