Serra Honda Grandville

4260 Kenowa Ave SW
Directions Grandville, MI 49418

  • Sales: 616-667-4500
  • Service: 616-667-4500
  • Parts: 616-667-4500


  • Monday 9:00AM- 7:00PM
  • Tuesday 9:00AM- 7:00PM
  • Wednesday 9:00AM- 7:00PM
  • Thursday 9:00AM- 7:00PM
  • Friday 9:00AM- 6:00PM
  • Saturday 9:00AM- 4:00PM
  • Sunday Closed
What Are Some Reasons You Should Buy a Car Rather Than Lease?

Each individual driver has different habits and needs when it comes to their vehicle, so the decision to buy or lease a car is personal. To help with your decision you can check out our Buying vs. Leasing page, which provides a side-by-side comparison overview of facts, pros, and cons of each option. Some of the key factors you should consider when evaluating if purchasing a vehicle is right for you are: driving style or habits, amount of driving you do on a regular basis, vehicle financing options, your personal monthly budget, cost of ownership, and your individual vehicle needs, just to name a few. On this page, we'll explain all the different factors in detail that impact your decision to buy a vehicle including the complete car buying process, common financing terms and options, and the cost of ownership of a car, truck, SUV, or crossover.

Here are some reasons you might want to buy a car rather than lease:
  • The vehicle will be completely yours to do whatever you would like with it at the end of the loan.
  • You have the ability to modify or customize the vehicle as you see fit.
  • After the loan is paid off, you're able to sell or trade the car whenever you would like privately, to a dealership, or to another party.
  • You won't be restricted on mileage - You can drive as many miles as you want, as often as you want.
  • You won't be held financially responsible for wear and tear. It's your choice to repair any damages on your vehicle large or small.
  • Once you're done with car payments, you'll be able to save money.
Someone who needs to buy rather than lease a vehicle might require no mile limitations, or might want to pass the vehicle down to a family member after they're through with it. Each person's situation is different, which is why deciding to buy is a personal choice. We understand that purchasing a vehicle is a big decision and investment! We also understand that the buying process can be intimidating if you've never been through it before. We want you to be completely informed and aware before you make your decision to go through with the buying process. The auto professionals at Serra Honda Grandville are here to help you through the entire car buying process from making a decision to driving off the lot in a new car. We're able to answer any additional questions you may have so you can feel confident in your decision. We've outlined many of the options you have when it comes to buying a vehicle, additionally our auto and finance experts have countless years of experience to help you establish a purchase plan that fits your needs, no matter your situation. Let us walk you through the car buying process step-by-step so you can be confident in your decision to purchase your vehicle from Serra Honda Grandville.

How To Buy a Car - Step-by-Step Process


Assess Your Vehicle Needs and Driving Style

This first step is particularly important because it helps to determine what type of vehicle you need in terms of size, seating, fuel efficiency, etc. There are some important questions you’ll want to think about when working through this step:

  • How many miles do you driver per week?
  • How much are you willing to spend on gas?
  • Do you need a certain amount of space or seating?
  • What’s your monthly budget?
  • Do you need a vehicle with features for certain climates, like AWD?

All these questions and more will help to prompt answers about your personal needs, which will help to determine the type of vehicle you need. There are many different options like cars, trucks, crossovers, subcompacts, hybrids, and SUVs. Simply knowing what you need will help determine the type of vehicle you should purchase.


Make a List of Vehicle Features You Want and Need

Making a list of features can further narrow the type of vehicle model and trim level you’ll need. Make a list of the features you need in a vehicle for you to be comfortable, such as cruise control, large cargo space, remote start, or seating for up to 7. Our professional team members are experts at helping you get the vehicle you want, with the best financing possible. In many cases, a different trim level or unique vehicle package may achieve your list of needs and wants while only having a slight impact on the monthly payment. Remember, if you’re driving this vehicle daily, you might not want to skip out on some features that truly make a difference in your driving experience.


Explore Our Resources and Vehicle Inventory Online

We value an informed customer and want to help you be informed throughout the process. Before you step foot in our dealership, take advantage of our resources online related to buying a vehicle. Our pages in the financing section will help to better explain what documents you need to be approved and how we can get you a competitive interest rate. Plus there’s a credit approval form you can complete online ahead of time so you can be prepared when you arrive at the dealership.

You can view our full New Vehicle Inventory page and our full Certified Pre-Owned Inventory page, which are both updated daily, to select multiple models or vehicle types for comparison. If you’re not finding what you want or need, submit a request on our Find Me This Vehicle page and one of our sales representatives will get back to you to help get you the vehicle you want!

The pages in the New Vehicles section of our website will help you decide what type of Honda vehicle will be right for you based on features, gas mileage, etc. Once you’ve selected a car in our inventory that you’re interested in, submit a request to our team at Serra Honda Grandville to get the process started! We’ll be happy to help you throughout the entire process and are able to suggest vehicles or different trim options should you need help deciding!



Visit Serra Honda Grandville in Grandville, MI

Now that you have evaluated your needs in a variety of ways, it’s time to stop by Serra Honda Grandville or contact one of our friendly team members. If you’ve submitted your request online for a vehicle you’d like to test drive, we’ll have it ready for you when you arrive at Serra Honda Grandville so that we can make the rest of the car buying process simple and efficient. When you visit our dealership in Grandville it’s your time to test drive the vehicles you’re interested in, test out new vehicle features, get to know our friendly and helpful team, and learn about current incentives, rebates, and offers. At Serra Honda Grandville we pride ourselves on catering to your individual situation so that we can help you get into the best vehicle for your needs and budget. We’ll help you explore different payment options, get approved for a loan, and more! Feel free to reach out to us online or simple give us a call at (877) 236-9113.


Purchase Process at the Dealership

After you’ve found the perfect vehicle that meets your wants and needs, and you’ve been pre-approved for an auto loan, here’s the next steps you can expect while you’re finishing the purchase process at Serra Honda Grandville dealership.

Compare Payment Options: You’ll sit down with one of our friendly sales representatives to go over all the payment options available for the vehicle you’ve chosen. Differences in payment options will vary depending on your down payment and monthly payments. We’ll always show you multiple options so you can choose the one that fits your lifestyle best.

Arrange Financing and Do the Paperwork: You might have already financed through the bank, so at this time you’ll finalize the paper work with your sales representative. If you choose the convenience of going through the dealership for financing, you’ll arrange this with your sales representative. Make sure to check out our financing options and Common Financing Terms section below so you’re informed when you’re setting up financing with your bank or the dealership.

Discuss the Delivery: During the paperwork process you’ll discuss the delivery of the vehicle, or when you’ll receive the vehicle. This could be shortly after paperwork or a week in advance. Make sure you schedule a concrete time with your sales representative so they can have the vehicle cleaned and ready to go at the time of delivery.

Review Your New Car: When the delivery happens, you’ll want to review your new car with the sales representative. This is the time to walk around and check out the interior to make sure everything is in tip-top shape. You can also ask your sales representative to show you how certain technologies or functions work on your car so you’re ready to roll!

We’re happy to provide this information, but are always able to discuss any part of the process ahead of time to ensure your confidence in buying from Serra Honda Grandville. Our entire team of friendly sales representatives and auto experts want to provide you an easy and seamless car buying experience and we’re happy to accommodate to your specific needs! Please don’t hesitate to contact our team for any questions at (877) 236-9113.

Vehicle Lease Payment Options and Financing Terms

We understand that whether your buying or leasing a vehicle, sometimes the financing terms and options seem overwhelming. However, we want to help you feel confident in your purchase decision so we're here to inform you on the various financing terms you'll likely hear throughout the car buying process. Understanding this terminology is also important in making sure you fully understand your loan, upfront purchase costs, how interest works, and how you'll be making your monthly payments. Continue reading for some common financing terms you're likely to hear when purchasing a car, and learn exactly what they mean.

Auto Loan

This one might seem obvious, but it’s worth talking about. There are generally two ways to finance a vehicle: through your bank or through the dealership. Talking to both institutions can be helpful in determining what your monthly payment, interest, and total loan amount would be for the car, truck, or SUV that you want. This allows you to the compare rates your bank may offer you, to the dealership rates so that you can get the best deal depending on current discounts, incentives, and APR rates. Either way, the bank or the lender through the dealership will be the lien holder that owns the vehicle while you’re still making payments. When the entire loan is paid in full including interest, the lender will issue a release and the vehicle will officially be registered under your name. It’s also important to mention that buying a vehicle outright with full payment down at the point of purchase is also an option!

Direct Lending

Direct lending is when you finance a vehicle directly through a credit union, bank, or finance company of your choice. This means you’ll be responsible for paying on your loan (including interest) directly to the bank, and your bank will then be responsible for transferring payment to the dealership. Why would you want to do this? Depending on your relationship with your financial institution, you may be able to acquire a more competitive interest rate at your bank, credit union, or other finance company.

Dealer Financing

Instead of involving a 3rd party and going through the bank for an auto loan, you can also go directly through the dealership. With this method, you enter into an agreement with a lender through the dealership. It is to this lender that you will pay back the loan and interest over a specified time. Some car buyers prefer to finance their vehicle this way because of the convenience. It’s also common that the dealership may have special programs or incentives that make financing through the dealership a better deal than financing through the bank.

Credit Score

Your credit score is one of the most important factors when it comes to acquiring an auto loan since it directly affects the loan amount available to you. Your credit score is a three-digit number assigned to you based on your credit history, and is used by lenders to determine your ability to pay back a loan. Your credit score can also affect your interest rate. What are some factors that affect your score? Your bill payment history, track record of payments to lenders, how long you’ve had credit, how often you make credit payments, how many credit accounts you have in good standing, credit limits and how you’re using them, hard credit inquiries, and more. Knowing your credit score and how it typically rates – poor, bad, good, or great – can be helpful before making the decision to buy a vehicle. It’s also important to note that having an auto loan and making regular payments is a great way to establish credit.

No matter your current credit score or rating, the finance experts at Serra Honda Grandville are experienced in acquiring auto loans and affordable financing for all credit levels. If you’re worried about poor credit or not having credit, we can help you!

APR (Annual Percentage Rate)

APR, Annual Percentage Rate, is the interest you’ll pay annually on your total loan amount when you buy your vehicle. The higher the APR, the higher your monthly payment will be. Be aware that some companies are allowed to advertise annual percentage rates on a monthly basis, which means the advertised rate is only 1/12th the full APR. Your APR can be influenced by a few factors including: your credit score, time frame of loan, dealer incentives, and your debt-to income ratio.


There are many different options for warranties on all parts of your car, truck, SUV, or crossover. Many times when purchasing a new car, a warranty will be included based on miles driven or length of ownership. However, depending on how long you plan on owning the vehicle, this initial warranty may not cover your needs down the road. It’s also important to understand that as your vehicle ages years after purchase, it may require more maintenance to keep it performing safely. Common extended warranties include those covering your vehicle’s powertrain, transmission, bumper-to-bumper on defect factory-installed parts, tires, roadside assistance, and more. Purchasing an extended warranty is not required, however, depending on your needs it can save you money in the long run. Plus, while an extended warranty is an additional cost, when you add it to your initial purchase, it will barely affect your monthly payment – sometimes by only pennies!

Gap Insurance

Guaranteed Auto Protection, or GAP insurance, is optional when you purchase a vehicle and it covers the difference between the amount you owe on the vehicle and the vehicle’s current market value in the event of an accident. When you purchase a vehicle, it will depreciate in value after use, which means it can be worth less than the remaining amount you owe on the vehicle. In the event of an accident, you may find that you owe more on the vehicle than the vehicle is actually worth; GAP insurance covers that difference in value. This helps to prevent you from getting into a scary financial situation in the event of an accident.

At Serra Honda Grandville it’s our goal to provide you with a transparent car buying experience. We are here to help you understand the car buying process step-by-step, and to help you find a solution for your specific needs. If you have any questions regarding your vehicle financing options, or how these terms might apply to you, please don’t hesitate to give us a call at (877) 236-9113.
Your Vehicle's Residual Value and How it Affects Your Monthly Payment

We've covered some common vehicle financing terms that affect the cost of ownership of your vehicle already, however there are also many other aspects to consider before making your final purchase decision. To understand what a vehicle may cost you in the short and long term, it's important to perform a true evaluation of your finances in addition to the cost of ownership. Keep reading to review some of these points of consideration:

Fuel Efficiency

When you purchase a vehicle you’ll likely be driving it for a few years, if not more. Making sure you can afford the gas it takes to get you where you need to go is a very important consideration. For instance: although you might want an SUV, you have a long commute to work every day and the SUV doesn’t do well in fuel efficiency. Will you be able to afford the gas now, or if they were to go up? Gas prices are always changing so it’s important to consider the number of miles you drive per week or month, the vehicle’s fuel economy, and the impact on your budget at various gas prices – high and low.


Contact your insurance company to receive rate estimates for any of the vehicles you’re interested in purchasing. Depending on what type of vehicle you choose, it could impact your insurance rate positively or negatively compared to the vehicle you’re currently driving. This will help you choose a vehicle that is truly right for you and your budget.


Your vehicle’s tires are a component that will need to be replaced throughout the life of your vehicle. When will you have to replace them? It will depend on how many miles you drive, routine maintenance, and the tread wear. It’s important to consider the cost of tires, so that when it’s time to replace them you are not caught off guard. Typically, larger tires will cost more than smaller tires. Another thing to consider is the availability of tires. Unique tire sizes can be difficult to find and may be more costly.


​Brakes are a crucial safety component of your vehicle that requires routine maintenance. They are a large component and will require replacement throughout the life of the vehicle. Your driving style, how often you use them, and what type of traffic you typically drive in, all affect the way your brakes wear and how often you’ll need to replace them.

New or Used

​Keeping up with routine maintenance is the easiest way to extend the life of your car regardless of its new or used status. Whether you’re buying new or used, you’ll still have maintenance to perform on the car so you can not only stay safe on the road, but also keep your car running optimally. Buying a new car will begin with only basic routine maintenance, like oil changes and tire rotations, for the first 2-3 years of ownership. Buying a used car might require more in depth services because of the wear and tear of previous years of use. Making sure you understand the milestone maintenance tasks you’ll need to attend to in the future on each option, should most definitely be a consideration when making a decision whether to buy new or used. Keep in mind we offer extended warranties on various vehicle components! If you’re thinking of buying used, Certified Pre-Owned vehicles are also a great option because of the warranty, roadside assistance, and pre-certification extensive vehicle inspection.

Overall Maintenance

​Consider the routine maintenance your car may require over the next 6 months, year, 2 years and so on. While newer vehicles typically just require routine maintenance, your vehicle might need additional services in the future. Making sure you’re able to cover these costs throughout the years when buying a car is important to know.

Schedule a Test Drive at Serra Honda Grandville, MI

We know buying or leasing a vehicle is a big decision and a big investment, so we're here to help you with any needs you might have throughout the process. If you've made the decision to buy a car, we want to help you find the perfect vehicle for your needs, wants, and budget. Let us arrange a no obligation test drive for you so that you can experience the vehicle you're interested in hands-on. Serra Honda Grandville is here to provide you with an honest, and easy dealership experience. For your convenience, you can schedule your test drive online, or give us a call at (877) 236-9113. We're happy to serve our neighbors in Grandville, Wyoming, Kentwood, Grand Rapids, Holland, Hudsonville, Rockford, and all of West Michigan!