You're in the market to lease a new Honda. Now you have to decide whether a standard lease or a one-pay lease is your best option.
What is a one-pay lease?
A one-pay lease, also known as a single-pay lease or a prepaid lease, simply means that all of your car payments are made in a lump sum. With the payment taken care of up front, you no longer have to make those monthly payments.
Who are one-pay leases geared towards?
The one-pay lease option is typically geared towards those who have cash available, do not have top-tier credit, or dislike making monthly payments.
What are the benefits of one-pay leases?
There are many benefits of choosing a one-pay lease over a standard lease: