Buy vs Lease near Enterprise, AL
One of the most common questions that our team at Jim Skinner Honda receives while in the midst of working with our customers is if it would serve them better to buy or lease the vehicle they like. Because the answer isn’t so black and white, we’ve sought to create the following guide that briefly covers the terms of each financial agreement. Once you’ve reviewed the contents ahead, you should be more knowledgeable about them than you were before having opened this page!
Buying
You can purchase your next Honda vehicle the same way you would any other product or good—by paying for its retail price. This is accomplished by either one of two ways, which are an all-at-once remittance or finance installments. The former is a popular option for some of our used models, while the latter is commonly chosenwith factory-fresh models. Breaking down the price of a high-cost good such as a car into monthly installments is an ideal route for many customers because it allows them to pay for their mode of transportation throughout Enterprise over time, giving them the chance to secure a car without a large lump sum payment. In either case, the model’s title is officially yours once it’s paid off.
Leasing
A simple way to define leasing a Honda model is to equate it more to borrowing than purchasing. When using this means of car acquisition, you’ll be reviewing terms with our Finance Department regarding how long you’d like to drive the vehicle and how high your mileage allowance will be. The margin for both stipulations is generous, with the mile parameters being between 10,000 and 15,000. Signing a leasing contract means that you’ll be responsible for driving it for the next two to four years, with monthly payments being quite refasonable because only the depreciation is accounted for. When it is the end date of the agreement, you’ll have a choice between buying the car, trading it in and continuing to lease another factory-fresh vehicle, or cancelling the agreement.
What Is the Right Choice?
One of the first questions to ask yourself if you’re in between buying or leasing the next car you’ll drive to the Enterprise City Hall is whether an annual mileage limit would be an inconvenience to you. If you’re planning on using your vehicle for long-distance trips, opting for a traditional financing agreement may be wise because you won’t feel burdened by a yearly traveling allowance. On the other hand, if your vehicle will mostly sit idle on the driveway while you work from home, leasing may be the more favorable option. Those who use their car sparingly to drive their kids to Peavy Park likely wouldn’t mind the terms of a leasing agreement, as they probably won’t face any fees by the end of the arrangement. We encourage you to field more questions and scenarios our way by reaching out to us!
Sell Us Your Current Vehicle to Gain an Upper Hand When Buying or Leasing a Honda From Us!
Dealership Information
Testimonials
“ We were on our way back from vacation when a tire pressure light came on. We pulled into the service department and were greeted with a smile from Amanda. She did a fantastic job and had us in and out in 15 minutes! If you need service at this dealership, make sure you see Amanda. ”
“ Dezi, Ricky( now retired) Amanda, Travis and the entire service department team are the absolute best! Friendly and professional! They understand what real customer service is! I love this place & these people!! ”
“ David was super helpful and professional. I recommend doing business with him at Jim Skinner! 10/10 ”
“ My experience was very positive when I purchased my Honda last year. Alex made the whole process so fun and completely stress-free. He listened to everything I was looking for, there was no pressure, and the actual purchase was quick and painless. The whole team was professional and friendly and I’m certain there are other great sales people there, but I highly recommend working with Alex. Thank you, again!! Ashlie ”
“ Great customer service. I got a courtesy ride to and from my house while my car was getting serviced. ”
“ Very professional. I was impressed with the ease of getting in and out. ”
“ Ricky the service guy was great. ”
“ Went in for routine maintenance. They handled everything professionally and expeditiously. Nice people to talk to while you wait. 5 stars. ”
“ Good experience ”
“ I had a recall notice regarding brakes on my 2024 Honda Pilot. I called and made an appointment just a week away. I was greeted by Ricky who quickly drove my car to the service area. I spent my time in the waiting room talking to other interesting customers. 45 minutes later Ricky informed me that they found nothing wrong with the brakes and I was good to go. I've been doing business with Jim Skinner Honda since they purchased the local dealership. I continue to lease cars here because they sell a great product and hire great people. ”
“ I was approached with good customer from start to finish.l will be recommending Jim skinner Honda to family and friends ”
“ Best car buying experience.. It was like doing business with friends I've had for years. If you need a great vehicle at an honest price it's your place! ”
“ We walked in Saturday and Frank greeted us. It was my first time buying a car and he really walked me through the entire process and made me feel comfortable and confident in my purchase. I won’t need a car for many years but for my next one, I’ll be calling Frank. ”
“ The service team is outstanding. They were quick, professional and friendly. Highly recommend. ”
“ Alex and the whole team were wonderful to work with. Alex made sure I got the best car for my needs and gave me a great price on my trade in. I have purchase many new cars in the past and I must say that it was the most pleasant stress free experience I have ever had purchasing a vehicle. I highly recommend you check Jim Skinner Honda when shopping for you next vehicle ”
“ Dennis Mitchell ( Salesman) and Robert (Sales Manager) were professional and helpful in finding me the right CRV and Loan Company. Definitely enjoying my new Honda CRV and looking forward to driving it. Thank you JK Honda!!! ”
“ Desi was awesome!!! She is always very nice and helpful! She made today’s service appointment a pleasant experience! ”
“ Fixing my truck ”
“ Greatest service department! Everyone very friendly and respectful! Especially Ricky Lynn. Thanks so much for all the help! ”
“ Great service. Truly treated like favorite family member. ”
“ Quick and easy warranty repair. Part took a while to come in but that’s Honda’s fault, not Jim Skinner. ”
“ The staff and service department were very professional and helpful providing the service I needed. ”
“ Courteous and speedy service ”
“ Great service department !! ”
“ My salesman, Darren, helped me every step of the way to make sure the deal worked out. Robert in financing was very pleasant to work with and was able to go above and beyond for me. Thank you for helping me through my purchase, Type R! ”
“ The service department worked me in for the service on my CRV which I very much appreciated as I have a trip to Birmingham on Monday. ”
“ My experience today was on point, they got me in and out, didn't have to wait very long .everyone was really nice,keep up the good work. ”
“ The service was wonderful and the personal where awesome ”
“ Kris was great! I went in to get a trade in estimate on my lease vehicle not expecting to leave with a new car. He gave me a great deal and did everything to get my payment where I needed it. Highly recommend! ”
“ We recently relocated from Milwaukee, WI and I needed and oil change on my Honda. My husband brought it in for me and he said the dealership was really nice and the staff was excellent. I will definitely go to Jim Skinner Honda for any repairs or if I decide a new vehicle. ”
“ I had the best car buying experience. Kris and Shane were very helpful and made my car buying experience very smooth. I could not ask for better customer service, they are truly spot on. ”
“ Great service! I was in and out for an oil change in under an hour. They even inspected my vehicle and gave helpful tips for future maintenance. The Jim Skinner Service Department is amazing—easy checkout and the lovely ladies at the desk sent me off with a smile and a laugh. 10/10! ”
“ just bought a used Honda vehicle and was so pleased with the 2 two gentlemen I dealt with. Kris was very patient showing me the ones I was interested in while making up my mind. my husband has a disability and he had great patience with him, even helping him off the curbstone. very much a gentleman. Mr. Parker was thorough in explaining all the details of the purchase and pleasant to talk to. I have had Hondas in the past and i'm sure this one will be very nice indeed, and most of all dependable. thank you. ”
“ Friendly people, great customer service ”
“ Good inventory of what I wanted. Quickly came to an agreed price and did not have any pressure to buy all the extended warranty packages. Very enjoyable purchase. Will be back in the future, ”
“ Experience was good.You have to sign a waiver for them doing a B service on the car when I take it to the Acura dealership they don’t do that ”
“ Fast service did not try to upsell me other products. Talked to salesman Kris Begley about an additional automobile. He was very honest and helpful. No pressure. ”
“ Desi, in service, was awesome. She was friendly and understanding and kept me informed throughout the warranty repair on my vehicle. I am now a life long customer! ”