Honda Lease Return

Thanks to its many benefits, it's no wonder that leasing a Honda has grown in popularity among East Stroudsburg, Bethlehem, and Stroudsburg, PA, drivers in recent years. Access to potentially lower monthly payments, warranty coverage, and short-term driving solutions are just a few of the benefits that accompany leasing.

But, as the lease return date approaches, what comes next? To help you prepare for your Honda lease return, the team at Ray Price Honda has created this quick guide to assist those in and around Jim Thorpe and Easton, PA. Let's get started!

How Will I Know When to Return My Leased Honda?

Typically, you'll be contacted about 90 days prior to the lease return. This will give you plenty of time to prepare for the return and choose your next vehicle. 

You can also review your Honda lease contract at any time since that should clearly state the date of return. Of course, you're welcome to contact our team at any time to assist you with prepping for the return of your leased Honda.

A Quick Overview of Lease-Return Fees

When you signed a Honda lease, you agreed to certain conditions. If these conditions were not followed, you may need to pay a fee at the time of the lease return. Two of the most popular end-of-lease fees include excessive wear and tear and excessive mileage.

Over the course of the lease, a vehicle will undergo a certain degree of wear and tear. Things like tire wear and small scratches are recognized as part of driving a vehicle. However, since you agreed to keep the vehicle in great condition while you leased it, you could be charged a fee if the vehicle has collision damage, windshield cracks, or damage to the wheels.

If you notice any of these ahead of the lease return, you can have some light detailing work performed.

Another component of the lease was that you wouldn't drive more than a certain number of miles each year, typically anywhere from 10,000 to 12,000 miles. If you drove more than the previously agreed-upon amount, you will likely be charged an additional fee.

One fee that all lessees will experience is a disposition fee. This fee, which is usually a set amount outlined in the contract, is needed to help get the vehicle ready for sale after the lease return. You can avoid paying a disposition fee if you purchase the leased car.

Lease Return Next Steps: How to Choose Your Next Vehicle

One important factor to consider is what you'll do after the Honda lease return. Will you need another vehicle to get around town? Do you love the leased Honda so much you're not ready to part ways? These are things to consider in the weeks leading up to the lease appointment.

Here are three of the most common post-lease options you have:

  1. Lease another Honda: If you need another vehicle, you can always lease another Honda from our dealership. Be sure to explore our showroom and read our review to learn more about the models. This will make it easier to decide which Honda you should lease next.
  2. Buy the leased Honda: If you love the Honda you leased, you have the option to purchase the vehicle. If you choose this option, our finance specialists can help transfer the lease into a finance plan that's tailored to meet your unique needs.
  3. Walk away without another vehicle: If your driving needs changed, you can return the Honda to our dealership and leave without purchasing or leasing another vehicle.

Unsure which option to choose? Contact our finance team, and they'll review your needs with you to choose the best plan.

Schedule a Honda Lease Return Today

Ready to schedule a Honda lease return appointment? Our finance center is conveniently located to serve the drivers in and around East Stroudsburg, Bethlehem, and Stroudsburg, Pennsylvania. Thanks to our help, you'll have your vehicle leased and be ready to embark on your next trip around Jim Thorpe and Easton, Pennsylvania, in little time.

Contact us at Ray Price Honda to schedule a lease return today.

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