7000 Grand Ave, Gurnee, IL 60031 | New Sales: 866-769-3949 | Used Sales: 8778822603 | Service: (847) 623-7673 | Parts: (847) 623-7673  
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7000 Grand Ave Gurnee, IL 60031 (847) 623-7673
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Lease vs. Buy
Muller Honda of Gurnee



Should You Buy or Lease Your Next Vehicle?

You've already looked through our new inventory at our Honda dealership in Gurnee, IL, and you're ready to purchase your next new vehicle. We're excited for you, but you're probably wondering the best way to pay for your new car. Do you want to finance it? Or should you consider leasing it? Don't get confused, learn more about your options and discuss everything with the helpful professionals in our Honda finance department. They are here to help you decide the best way to plan your purchase.

When you come to our Honda dealership near Chicago, IL, you can pay for your vehicle upfront, or look for the more popular option and break up the cost over a number of years. If you choose to finance your new vehicle, you'll then take out a loan from financial institution in order to afford your vehicle and settle the loan over a period of months. If you're interested in lowering the overall price, you can trade in your old car and possibly save some extra money that way. However, financing is usually more expensive per month than leasing and you will not be able to switch out your vehicle after a period of time. You also will have to assume the costs that come with owning a vehicle, but you can feel free to customize it any way you wish.

When Financing Your Vehicle

  • You have a larger down payment and often pay more on a monthly basis.
  • You can take it on long road trips or tough off-road trails without worrying about mileage limits or damage penalties.
  • You pay more per month, but get own your vehicle for its lifetime.
  • You spread out your payments over a period of years.
  • You can customize it to your specifications.

If you're interested in having a little more flexibility and the ever-important affordability, then you should consider leasing your vehicle.

When Leasing Your Vehicle…

  • You have a smaller down payment and often pay less on a monthly basis.
  • When you don't drive much, this is a great option with mile allocations of 12 or 15K/year.
  • When you trade in your Honda Lease for another Honda, often some fees are waived.
  • Leasing a new Honda is a great option if you like that new car smell and want a new car every 2.5-3 years.
  • Leasing gives you the car you want at a very reasonable cost. Think more car and trim for less when considering your monthly lease payment vs a buy payment.
  • During your lease you are fully covered by the manufacturers warranty, so you can have peace of mind for repairs. 
  • Leasing is a great option for those who drive less, like new cars often, and want a lower payment.
Dealer Information
Muller Honda of Gurnee 7000 Grand Ave Gurnee, IL 60031 Get Directions
Sunday:
CLOSED
Monday:
9:00 AM - 9:00 PM
Tuesday:
9:00 AM - 9:00 PM
Wednesday:
9:00 AM - 9:00 PM
Thursday:
9:00 AM - 9:00 PM
Friday:
9:00 AM - 9:00 PM
Saturday:
9:00 AM - 6:00 PM
Sunday:
CLOSED
Monday:
7:00 AM - 7:00 PM
Tuesday:
7:00 AM - 7:00 PM
Wednesday:
7:00 AM - 9:00 PM
Thursday:
7:00 AM - 7:00 PM
Friday:
7:00 AM - 5:00 PM
Saturday:
7:00 AM - 4:00 PM
Sunday:
CLOSED
Monday:
7:00 AM - 7:00 PM
Tuesday:
7:00 AM - 7:00 PM
Wednesday:
7:00 AM - 9:00 PM
Thursday:
7:00 AM - 7:00 PM
Friday:
7:00 AM - 5:00 PM
Saturday:
7:00 AM - 4:00 PM
Phone: 8778822603
Sunday:
CLOSED
Monday:
9:00 AM - 9:00 PM
Tuesday:
9:00 AM - 9:00 PM
Wednesday:
9:00 AM - 9:00 PM
Thursday:
9:00 AM - 9:00 PM
Friday:
9:00 AM - 9:00 PM
Saturday:
9:00 AM - 6:00 PM

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