Lease-End Options


What to Do When Your Car Lease Ends.

Honda Lease-End Options in Elmhurst, IL

The Honda brand is synonymous with reliability, and driving one of its vehicles gives you peace of mind on the road, no matter where your day takes you. If you’re thinking about leasing a new Honda, you can count on the team at Honda on Grand to go through the entire process with you in detail. And if your lease is expiring soon, there are several paths available for you to take — keep reading for more information on leasing and lease-end options.

What is a Lease?

You’re probably well aware of this fact — leasing your new Honda gives you the opportunity to drive a reputable model without the inconveniences that come with vehicle ownership. At our dealership, most of our customers who lease their Honda return their model after their lease expires in two to three years. Typically, annual mileage limits range between 10,000-15,000 miles,* but you can always request more at signing if you think you’ll need more.

Benefits of Leasing

When you decide to lease, you’ll get to enjoy a wide range of benefits that affect everything from your finances to lifestyle flexibility. The initial down payment and monthly payments associated with leasing are usually lower, plus, your lease duration is often equivalent to that of your new vehicle limited warranty. What does this mean for you? Manufacturer defects and other qualifying repairs will be covered, and you’ll only be responsible for routine maintenance. In addition, you’ll get to enjoy the flexibility of driving a new Honda every time you lease, along with the most recent advancements in technology and safety. After your lease is up, you won’t experience the hassle of selling your model, either.

Your Lease-End Options

When your lease is up, you’ll have three options available:

Return your vehicle to the dealership

Trade in the lease for a new one

Purchase your vehicle

The first option — returning your vehicle to our dealership — is one of the most favorable advantages of leasing. Not sure if you’re ready to purchase your Honda yet? Easily return the model and keys to us and pay any remaining fees. If you’re interested in driving the latest model with upgraded tech, simply trade in your current lease for a new one. Finally, if you’re ready to make the leap and become the proud owner of your Honda, purchase it today — you won’t regret it!

For more information or to discuss your lease-end options further, contact us today or stop by Honda on Grand at 300 W. Grand Avenue, Elmhurst, IL 60126. And don't forget to check out our current new car specials to see if you could get an exceptional lease offer on the vehicle you want. We look forward to serving our customers near Addison, Chicago and Villa Park.

(Disc) According to AAA. Please visit this link for more information.