Archive for the ‘Honda Lease’ Category

Can I Get Out of a Car Lease?

Friday, November 15th, 2013

One question we get asked often is, “Can I get out of a car lease?” If you’re wondering the same, have a look at this week’s leasing video featuring TJ Nissen for some helpful information. Then, check out our current Honda Lease Offers in Austin. There’s never been a better time to consider leasing a Honda in Austin.

 

 

What Happens When My Car Lease Ends?

Monday, November 4th, 2013

With a new Honda lease you have options! As TJ Nissen explains in our featured leasing video, you can buy your new Honda, trade it in or turn it back into the manufacturer.

At Howdy Honda you can take advantage of our lease program with our monthly featured leases. Check out our current special Honda lease offers in Austin. There’s never been a better time to consider leasing a Honda in Austin.

Should I put Money Down on My Honda Lease?

Sunday, October 13th, 2013

When leasing your next Honda, keep your budget in mind. Although putting money down on your lease will lower your monthly payment, you essentially pay the same amount over the life of the lease.

As TJ Nissen explains in our featured leasing video, the goal of leasing your next Honda is turning your transportation cost into an expense. You want to keep that money in the bank and keep your transportation costs consistent with your budget.

Check out our current Honda Lease Offers in Austin. There’s never been a better time to consider leasing a Honda in Austin.

What Are The Credit Requirements for Leasing a New Honda?

Monday, October 7th, 2013

Thinking of leasing your next Honda? In case you were wondering, the credit requirements for a New Honda lease are similar to that of a retail purchase.

Check out our current Honda Lease Offers in Austin. There’s never been a better time to consider leasing a Honda in Austin.

10 Common Car Insurance Myths and Misconceptions

Monday, September 16th, 2013

 

Insurance-PolicyWhen establishing your insurance policy it’s important to know exactly what you get out of your auto coverage in case of an accident. However very important details aren’t always clear. Add-ons such as rental coverage can prove to be a life saver in the event of a wreck. Here are ten common myths and misconceptions cleared up…

1. “Full Coverage” includes rental and towing coverage. 

The name is misleading. We would think full coverage is exactly that, a policy that covers everything in the event of damage or an accident. Rental and towing coverage are individual riders that are added on separately and apply an additional cost to your policy.

2. Your driving history determines your car insurance rate. 

Several factors influence your car insurance rate such as your age, type of car (typically, the better the crash test score, the better your rate), the intended use of your car and the theft rate in your area (urban areas or “port” cities usually have higher theft rates than rural areas). Also, if you’re a student, good grades can help reduce your premiums. Even your credit history can be evaluated to determine your rate.

 3. If I stay ticket and accident free, my rate will go down. 

Remaining ticket and accident free will influence your auto insurance rate over time, but other factors can keep your rate as it is or cause it to go up. Not to mention regional or national trends like increasing repair costs, rising hospital bills & lawsuits.

 4. Newer cars are more expensive to insure. 

Some new cars are less expensive to insure than the older ones are. It depends on the year, make and model. Do your research and check around.

5. Smaller, less expensive cars are cheaper to insure. 

This depends on your coverage. This does not apply to collision and comprehensive coverage because smaller cars typically sustain more damage in an accident and have a higher rate of being “totaled” in a collision.

6. “No – fault insurance” refers to an accident that is not the policy-holder’s fault.

“No-fault insurance” simply means that your own insurance company pays for your injury-related bills, regardless of who is at fault.

 7. My car will be declared “a total loss” if it cannot be driven away after an accident. 

A Total Loss is declared only when the repair costs exceed a certain threshold of the car’s present value. The threshold generally falls between 50% and 70%.

8. If my car is totaled, my insurance will pay off what I owe on my loan. 

When you car is totaled your insurance company will pay the actual value of your vehicle (before the accident) minus your deductible. You are still responsible for any amount outstanding on your loan or lease. If you are driving a newer vehicle, Gap insurance is good additional coverage to look into.

 9. My insurance will cover me if my car is stolen or vandalized. 

Unless you have comprehensive coverage, you are not covered. If you want to fully protect your vehicle be sure to have collision AND comprehensive coverage.

10. If items are stolen from my car, they are covered under my policy. 

In most cases, your homeowner’s or rental insurance policy covers items stolen from your car. NOT your auto policy.

Whether you’re buying a new or used car in Austin, Texas insurance is important to establish before driving your new car off the lot!

4 Tips for Getting your Car Trade-in Ready

Wednesday, September 11th, 2013

car-tradeWhat is a Trade-in?

When you trade-in your vehicle, you are basically selling your used car to the dealer for credit toward the purchase of another vehicle. Trading in your current vehicle helps to save you money when it comes to the amount you finance. Perhaps, you aren’t financing with a down payment and you need that extra leverage to minimize the amount you need loaned. Now, getting the most out of your trade-in is important when purchasing a new vehicle. Here are a few tips for getting your car Trade-in ready…

1. Organize Your Records

If you’ve kept track of your maintenance records during the ownership of your vehicle, awesome! This would include any and all fluid changes, tire rotations, paint or body repairs, engine repairs, and service and any other related maintenance documents you may have. Having your maintenance records together is important because it shows the dealer the care the vehicle received during the time you owned it.

2. Repair Your Car

When it comes to repairs, be sure to assess whether or not the repairs will help increase the value of your vehicle at resale time. Also, make sure that you can recoup the cost of repairs with the final sale price of the vehicle.  For any safety and emissions requirements, have a certified mechanic inspect the vehicle to make sure it meets or exceeds state requirements. If you’ve recently had your vehicle inspected then great! It’s not necessary. If any mechanical repairs are required to have your vehicle operate properly, have it fixed before you plan to trade it in.

3. Get a Value

Do your research and prepare yourself by having a figure in mind for your trade-in value. You can easily access trade-in values by using sources such as NADAguides.comUsedCardInformationCenter with basic details such as your make, model, year and mileage information.

4. Detail Your Car

Last but not least, detail your car! Detailing your car can have it looking like the day it was purchased. Think clean. Your dealer may potentially pay more for a trade-in vehicle that looks good, smells good and is clean on the outside and inside. More importantly, the dealer will see you have kept your car in great condition which contributes to a successful used car sale.

If you’re buying a new Honda in Austin, Texas there’s never been a better time to trade in your vehicle.

Will There Be Any Surprises at the end of my Honda Lease?

Friday, September 6th, 2013

As we know all too well, contracts can be full of surprises! And sometimes we sign without reading the fine print (although we shouldn’t). Not all leases are created equal so be mindful when choosing your vehicle. Each manufacturer has their own set of terms. For example, a luxury car brand may have stricter guidelines. As TJ Nissen explains in our featured leasing video, there are no surprises when leasing with Howdy Honda. We aim to provide you with all the information you need up front. We will also contact you before the end of your lease term to schedule your vehicle inspection and evaluation so if there is anything you need to be aware about, you will be the first to know.

At Howdy Honda you can take advantage of our lease program with our monthly featured leases. Check out our current special Honda lease offers in Austin. There’s never been a better time to consider leasing a Honda in Austin.

What About Maintenance and Repairs on a Honda Lease?

Wednesday, September 4th, 2013

Maintenance on your new Honda lease is fairly simple to keep up with. New Hondas come quipped with a Maintenance Minder that lights up and reminds you when a standard service is due. As TJ Nissen explains in this featured leasing video, the first three years of car ownership are the least expensive. Maintenance normally just involves routine oil changes, tire rotations and maybe a cabin filter replacement. Routine maintenance helps keep your car performing as it should, saving you more money in the long run. This is yet another advantage to leasing your next Honda in Austin!

What is the Biggest Benefit of Leasing a Honda?

Monday, September 2nd, 2013

In our featured leasing video, TJ Nissen explains that the guaranteed future value of the car is the biggest benefit of leasing a Honda.

In other words, you take no hit whether your leased Honda loses or retains value. You are essentially leasing the “best part” of the vehicle with the lowest required maintenance. Think about it: Oil changes and basic maintenance versus brake and tire replacements which you typically don’t need within the first few years of leasing your Honda. Therefore the manufacturer takes the risk. Not you, the consumer.

At Howdy Honda you can take advantage of our lease program with our monthly featured leases. View our current Honda lease offers in Austin.

 

How Many Miles per Year Should I Lease on my Honda?

Tuesday, August 20th, 2013

 

When leasing your new Honda it’s important to select a mileage that works best for you. Leasing typically isn’t the best option for anyone driving a lot of miles a year. Standard leases usually aim for 12,000 or 15,000 miles a year. However, you can work up to as many as 25,000 miles a year into your lease. As TJ Nissen explains in the video, one of the advantages to leasing a vehicle is a low payment. If you increase miles to as much as 25,000, you may get closer to a retail payment. He recommends setting up your expense properly and exploring what works for you.

At Howdy Honda you can take advantage of our lease program with our monthly featured leases. Check out our current special Honda lease offers in Austin. There’s never been a better time to consider leasing a Honda in Austin.