Auto Financing Options in Akron, OH

Lease or Buy with the Help of Our Finance Center at Great Lakes Honda

Here at Great Lakes Honda, we are well-known for our great deals and well-stocked inventory of new Honda models and used cars. Whether you plan on financing or leasing, we can help find you a great deal to suit your needs. However, first-time shoppers still might not know if financing or leasing is right for them, or whether they should simply pay cash. Most of our customers turn to auto loans and leases to help make the total cost of owning a car easier and more affordable. Let us discuss the benefits of financing and leasing with you, so you can decide which is right for you. No matter which you choose, you will find friendly and helpful professionals here at Great Lakes Honda.

Shop for a new Honda or used car today and visit us here on Pruitt Blvd in Akron to learn more. Great Lakes Honda is proudly serving not only the Medina, OH area, but also Canton, Cleveland, Youngstown, OH, and surrounding cities.

Finance for a Long-Term Plan

Many drivers come to us with a specific new car in mind that they want to own for the long haul. Whether you're a parent looking for a new SUV or van for the family or seeking an affordable used car for your daily commute, we have options for you. Even the most affordable used cars in Akron can cost thousands of dollars out of pocket, so many shoppers choose to finance through an auto loan to streamline monthly payments. With an auto loan, you make regular payments to an outside bank or lender until the full balance of the vehicle is paid off. Our finance team can help you calculate your monthly payments and connect you with a reputable lender from our local network.

Financing over the long-term offers several advantages, including:

  • Equity: If you've had debt or credit issues in the past, an auto loan can help you rebuild your credit. As long as payments are made on time and in full, you will build equity and improve your credit score.
  • Flexibility: Auto loans are less restrictive than lease agreements. There are no annual mileage limits, and you can customize your car as you like, as long as loan payments are made on time.
  • Ownership: Once your loan is paid off, the vehicle is yours to keep without the hassle of starting a new contract every few years, as you would with a lease.

Lease for Short-Term Convenience

Financing through a loan isn't for everyone. Some drivers don't drive far annually and need something simple for the daily commute. Others want to drive the latest car with the newest technology without a long-term commitment. Leasing is an excellent solution for those who want to drive a brand-new Honda for less. A lease agreement involves paying monthly installments directly to the dealership and working closely with our finance team. You can choose the duration and annual mileage of your lease. Discover the latest Honda models available for lease at Great Lakes Honda with our unbeatable Honda lease deals. Don't miss this opportunity to drive home the Honda of your dreams.

Like financing, leasing offers several benefits, including:

  • Warranty Protection: Most Honda lease contracts don't extend beyond the vehicle's powertrain warranty, ensuring you're covered throughout the lease. Routine maintenance and necessary repairs are affordable and straightforward with warranty coverage.
  • Affordability: While leases involve monthly payments, these tend to be lower than those for auto loans. Lease contracts cover only a portion of the vehicle's value, and you can often find lease deals in Akron that waive the down payment.
  • Upgrades: At the end of your lease, you can choose to lease another new Honda, allowing you to upgrade to the latest model every few years.

Start Your Deal Online

If you choose financing, you can begin your deal online using our convenient digital retailing tools. Use our online payment process to get a trade-in value estimate, apply for financing, and personalize monthly payments. Our dealership works with customers across the credit spectrum, whether you have good, bad, or no credit. Drivers who want to lease or pay cash can also work out their payment plan online through our Fastlane checkout system at Great Lakes Honda.

When you're ready to officially begin your deal, schedule a test drive and visit Great Lakes Honda in Akron, OH to learn more. If you have any questions, don't hesitate to contact our finance center team by phone or online. We look forward to working with you!