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Honda Financial ServicesSM advises you to begin preparing for the end of your lease six months before your contract ends. That way you have time to weigh all of the options you have at lease-end.
There are a few options at lease-end:
- Return Your Vehicle and Lease a New Honda
You will need to schedule a free vehicle inspection during the last two months of your lease. Honda Leadership Leasing includes a $500 Excessive Wear and Use Waiver. Loyal customers1 who purchase or lease their next Honda vehicle may qualify for an additional waiver2 and may be eligible to get their turn-in fee waived.* Plus, you will be responsible for any outstanding payments, excessive mileage, and any other outstanding obligations specified in your lease agreement.
* Waiver reflected is for vehicle leases dated October 2013 or after. For specific benefit information on your current HFS lease contract, please log in to your HFS account and select End of Term.1A loyal customer is one who purchases or leases another new Honda or Acura automobile within 30 days prior to or after the turn-in date.2Total amount waived not to exceed $1,000.
- Return Your Leased Vehicle to the Dealer
Your lease concludes when you turn in the vehicle to a Honda dealer. You will need to schedule a free vehicle inspection during the last two months of your lease. Honda Leadership Leasing includes an Excess Wear and Use Waiver, but you will be responsible for any wear or use that exceeds the waiver. Plus, you will be responsible for any outstanding payments, excessive mileage, and any other outstanding obligations specified in your lease agreement.
- Purchase Your Leased Vehicle
If you decide to buy your Honda, there is no need to worry about a vehicle inspection or excessive wear or mileage charges.
When you’re ready to purchase your Honda vehicle, you can get a payoff quote 24 hours a day, 7 days a week online by logging in to your account or by calling our Express Payoff system at 1-800-708-6555.