Honda Financial Services in Orchard Park, NY

Before you can drive your favorite New Honda or Used car home from Ray Laks Honda, you must finalize a deal with one of our financial advisors. During the consultation, you can discuss your payment options to choose the most appropriate plan for your budget. However, before you dive right into your automotive finances, we recommend that you get familiar with what the process entails. Doing so will prepare you for your upcoming consultation at our Honda finance center in Orchard Park, NY!

Will You Be Buying or Leasing Your New Honda Model?

The first thing you will want to decide is whether buying or leasing a new Honda model is a better fit for your personal lifestyle. To illustrate the differences, we have summarized the benefits of each. Getting acquainted with both will help you choose a financial route that accommodates your needs best.

Car Buying Advantages

One of the reasons drivers opt to buy a car is because doing so gives them access to a wider selection. Unlike leasing, you are not restricted to products listed in our new inventory. For instance, you can take your pick from our featured Used Honda specials which showcases vehicles from previous cycles. The best part? These items are more affordable overall. Whether you settle on a new Honda or one of our used models, you will have to obtain an auto loan from a lender to cover the cost of your purchase. Although the monthly rate for buying a car tends to be slightly higher as a result, payments will eventually cease. Claiming ownership will therefore save you more money in the long-term.

Honda Lease Advantages

Alternatively, drivers who are not sure which model they want to keep often go with Honda leasing. This is because a new car lease is comparable to a rental. The vehicle in question still belongs to the dealer, but you have the pleasure of driving it for several years. If you do not enjoy it by the time your lease contract ends, then you have the freedom to return it and try something else instead. Do keep in mind, you will be expected to uphold requirements as outlined in the lease agreement-such as staying within a mileage range and sticking to scheduled maintenance-or you may face penalty fees. In exchange, however, you can anticipate immediate savings because payments tend to be lower each month.

Contact Our Honda Finance Center Serving Cheektowaga and Hamburg, NY

Now that you know the major differences between buying and leasing, you can determine which route is most appropriate for you. Once you have committed to a decision, you can proceed to get financial services at our Honda dealership near Buffalo and West Seneca. If you are eager to get the ball rolling today, consider applying for financing online. This will reduce the time to process your paperwork at our finance center. While you are on our site, we also suggest browsing our latest Honda specials to potentially save more via one of our sale and lease offers. Should you have questions regarding automotive financing, please speak with our representatives personally for more help!

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Ray Laks Honda

3590 Southwestern Blvd
Directions Orchard Park, NY 14127

  • Sales: 716-740-6000
  • Service: 855-459-1933
  • Parts: 844-430-0159

Sales Hours

  • Monday 9:00am - 8:00pm
  • Tuesday 9:00am - 8:00pm
  • Wednesday 9:00am - 6:00pm
  • Thursday 9:00am - 8:00pm
  • Friday 9:00am - 6:00pm
  • Saturday 9:00am - 5:00pm
  • Sunday Closed