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There are so many decisions involved in buying a new car. By the time you’ve finally narrowed down a choice, you’re faced with even more decisions – how am I going to pay for it? Should I finance or lease?

The team at Hall Honda Virginia Beach is more than happy to review your Honda financial options with you. We can even connect you with our valuable circle of trusted lenders.  

Buying vs Leasing 

Whether you are buying or leasing, you will most likely need a lender to back you. There are certainly benefits to both. Leasing helps you get into a new vehicle for much less. You can also avoid the hassle of selling your vehicle down the road too since you can opt to simply bring it back to the dealership.

If you choose to buy your vehicle, you’ll be building equity in it with each payment, and its trade-in value can be used eventually toward a future down payment. Plus, you have no limitations with a car you own, such as mileage restrictions.   

Available Financial Lenders 

One of the perks of doing business with our dealership is also being able to work with the many trusted connections we have made over the years. We have a plethora of trusted lenders both here locally in Virginia Beach, as well as on a national level.  

  • OEM captive lenders 
  • Direct lenders 
  • Credit unions 
Within those groups is a medley of trusted institutions we work with:
  • Honda Financial Services
  • Bank of America
  • SunTrust
  • Wells Fargo
  • BayPort Credit Union
  • And more!

How to Choose 

This is where our team of financial experts at our Honda dealership in Virginia Beach, VA comes in. We start by reviewing your buying criteria, including your credit score, history, income, and debt-to-income ratio. Then, we discuss your criteria with our circle of lenders to help find the most competitive financing option for you. It’s really that easy! Stop in and see our team to get started today. 

Categories: Finance