Middletown Honda Proudly Serves Chester Area Drivers
Drivers in the Chester area shopping for their next vehicle, make Middletown Honda your first choice dealership. Our helpful staff are dedicated to helping you find the vehicle that’s right for you. And our finance department can help you navigate through every step of the car buying process including weighing your different payment options to find the avenue that is best for you based on your unique financial situation.
- Located in Middletown, we’re only about a 12-minute drive from Chester. Here’s how to find us:
- From Main St, turn right onto NY-94 W/Academy Ave
- Turn right to merge onto NY-17 W/US-6 W toward Goshen
- Take exit 120 for NY-211 toward Middletown/Montgomery
- Turn right onto NY-211 E and you’ll see us on the right at 520 NY-211
Buying vs. Leasing
One of the most important decisions to make when shopping for a car is whether buying or leasing is more beneficial. Which is the better deal? The answer really depends on what type of driver you are. Let’s take a look at the pros and cons of both options.
Benefits to Leasing
Leasing a vehicle is attractive to many Chester drivers because, in a sense, you are able to get more car for less money. That’s because the lease is based on the residual value of the vehicle—that is, the expected depreciated value at the end of the lease term—not the full price. So, if a new $30,000 vehicle is expected to be worth $16,000 at the end of the lease, which usually runs for about 3 years, you only have to make payments toward that lower, expected amount.
For drivers who love to have the latest technology, leasing is a good option to have. Technology that aids the driver or entertains the passengers are increasingly found as standard features on newer vehicles. And because leasing ensures that your vehicle is never more than 3 years old, it’s a great way to have all the latest tech advances at your fingertips.
Benefits to Buying
Leasing’s downsides can come up quickly for some drivers when you review the terms of the lease agreement which often will include a number of restrictions including limiting the number of miles you can put on the car and prohibiting any alterations or customizations to be made. So, if you’re generally a driver who puts a lot of rubber to the pavement or who wants the option to install parts, then consider buying instead of leasing.
Also, buying allows you to reach that coveted and hard-worked for moment when you make your last car payment and you own the car out-right. With leasing, you never reach that moment—when you make the last payment on the lease, you have to turn the car in and start the process over again.
Find Out More About Auto Financing at Middletown Honda
Stop into our dealership and find out more about the benefits of buying and leasing and let us help you decide which option will be most beneficial to you. We look forward to serving our customers from Chester!