Honda
Finance has released incredible specials this month for Mississippi Honda buyers during the "REALLY
BIG THING SALES EVENT".  How do you decide which special is right for
you. Do you keep your money in savings and take advantage of one of our
many Sign & Drive Leases that require $0 Down and a low monthly
Payment? Will you really want drive your next car after it's paid for or
upgrade in 3 years to take advantage of new technology, better gas
mileage, improvements in safety or just changes in your lifestyle.

If you traded
in your last car before it was paid for you leased without any of the
benefits!

Choosing between leasing and financing is
as important as choosing the right model. So what are the benefits of
both leasing and financing?

LEASING

In a lease, you do
not purchase an automobile. You contract to use it for the first, and
best, period of its life.

• 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 be lower when leasing (vs. 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 – Your taste and preference may change, and a short-term lease
  makes it easy to drive a new car more frequently. Additionally, you may
  have needs for a larger or smaller car in a few years, and a lease
  makes it easy to plan for such changes.
• 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 buy it and keep it or resell it. A
  lease gives you an option.

BUYING

If
you typically keep your vehicle for five to ten years, then financing
may be your best option. Patty Peck Honda has many options in financing
your new vehicle, with competitive rates and terms designed to meet your
needs.

• Pride of Ownership – Ownership may instill a
  sense of pride. It can also build equity over time. Payment by payment,
  an owner’s equity may increase.
• No Restrictions on Mileage
  – This is important to consider if you drive more than 20,000 miles per
  year - But more miles will reduce value when you trade
• 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.)

Whether
you are looking for a new Accord, Accord Crosstour, Civic, Pilot,
Odyssey, CR-V, Ridgeline, Insight, Fit, or Element we can help with all
of your finance options. Our monthly Honda specials include lease specials as we as
available low apr specials on New Honda cars, SUVs, Mini-vans and
trucks. Patty Peck Honda is Mississippi’s #1 Volume Honda Dealers so you
can depend on us for the best price & incredible
inventory when choosing your next vehicle.