Honda Civic Deals - Should You Lease a Honda Civic?

When it comes to driving a car, you can always, at all times, either buy or lease that car. This includes your favorite Honda. You only have to search online to know that Honda Civic deals include renting. Should you go for Honda Civic deals for renting a brand new car? Here's a rundown of the advantages of renting a new Honda Civic:

Lower monthly payments
Monthly payments for car rentals are invariably lower than than auto financing Honda Civic deals. The monthly payments are around 30% to 60% lower than car loan payments.
A great way to establish credit
Leasing a car is really a great way to establish credit for first time buyers, and a great way to repair credit for buyers with bad credit. Also sometime leasing is the only way that you can get one of those Honda Civic Deals.
You get to drive a new car every three years
Since car lease typically last only three years, you get to drive a new car every three years, unless if you take the purchase option, which is often available for car leases.
For majority of people, the appeal of renting a car lies in the fact that you cans simply walk away from a car at the end of lease term if you're not happy with it or if there's a new car that you fancy. The bad thing about car leases is that you don't own any equity in the car at the end of the lease term. After all, you really are just renting with this kind of Honda Civic deals. You would have to repeat the same cycle with another car at the end of the lease term.
If you buy a new Honda Car with 36 month loan, after 36 months, you would have $15,000 equity on a $30,000 car, and you can use the car to sell it or trade it in to buy another car. Another thing with leases is that you have to watch out for your mileage limits, which is typically set at 12,000 to 15,000 miles per year. If you go over your mileage, you would have to paid the penalties.
Honda Civic cars are famous for having great resale value, which means that they retain some of their value even after depreciation. You might want to consider buying a Civic rather than renting one.
But if you're the type who doesn't like to be bothered with all the maintenance hassles associated with owning a car, renting that new Honda Civic could just be the best that you get into. Of course, as with anything else, you don't just dive into signing a rental deal. The new Civic models have perfect scores for safety in crash tests which, needless to say, means that you have adequate protection in case you meet an accident.
Where car leases are concerned, there are no airbags that will protect you from being financially shortchanged if you don't properly do the math.

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