• Happy young couple driving the car_4101330_l-2015

    What Is Leasing?

    Purchasing a car isn’t the only option when you want to get behind the wheel of a brand-new Honda. When you opt to lease a car instead, you’re in for a world of perks. But first, you must understand the ins and outs of leasing to determine whether it’s the best option for you. Allow Rensselaer Honda to provide a brief overview.

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Definition of a Car Lease

When you sign a lease on a car, you’re agreeing to pay only for a portion of the car’s cost, rather than paying for the whole cost as you would if you financed the vehicle. That means you’ll pay the amount of depreciation the vehicle will endure over your lease term.
happy couple signing a sales contract for a car

How Does Leasing Work?

The leasing process is actually quite simple. Make sure you come to the dealership with a budget, and explore the different lease deals available on the models in which you’re interested. You should also have an idea of how much you will be driving over the next few years, as leases typically place a limit on mileage over the course of a year.  There are also rules on the wear and tear your car can endure for the duration of your lease, so read those carefully, as well. And finally, settle on your lease term, and be aware that you may face a financial penalty if you turn the vehicle in early.
Couple signing documents

Benefits of Leasing

There are quite a few advantages of leasing your next Honda vehicle instead of opting to purchase it.  For one, you will be able to drive new cars throughout Albany and Clifton Park more frequently, as you have the option to change up your ride every time your lease ends. You’ll also pay less up front than you would otherwise, and you typically will have lower monthly payments. And the best part is, your car’s future value won’t affect you financially.
Couple proudly showing off car keys

Lease a Honda from Rensselaer Honda

Now that you better understand the concept of leasing a car, you have all the knowledge you need to lease a brand-new Honda from Rensselaer Honda. Don’t hesitate to reach out to our team if you need help or would like more information!

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770 Hoosick Rd • Troy, NY 12180

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Open Today! Sales: 9am-5pm

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  • Mon - Thu9:00 AM - 8:00 PM
  • Fri - Sat9:00 AM - 5:00 PM
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Rensselaer Honda

770 Hoosick Rd Troy, NY

Phone: 518-279-1171



Phone: 518-279-1171

770 Hoosick Rd Troy, NY


Phone: 518-279-1175

770 Hoosick Rd Troy, NY
42.7467442 -73.6375979
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Rensselaer Honda
Rensselaer Honda
770 Hoosick Rd
Troy, NY, 12180 United States
Rensselaer Honda 42.7467442, -73.6375979.