End of Lease FAQs

Lease Payoffs

How can I get a payoff quote for my auto lease?

Payoff quotes are available online by to your account or by calling our Express Payoff System at 1-866-777-6495.

Note: The Express Payoff System cannot provide quotes on lease accounts in which the vehicle is garaged in AL, AK, AZ or IL, or if certain conditions require that you speak with an Acura Client Services Representative. You may contact a representative Monday through Friday from 9:00 AM to 5:00 PM CST.
When will I receive my security deposit?

The security deposit is generally released upon receipt of payoff if there is no outstanding auto lease balance or pending property taxes due on your account.

Why doesn't the estimated payoff on my auto lease statement decrease by the amount I pay each month?

The financing payment consists of depreciation and service charges, which is the cost of having a lease.

If I decide to purchase my leased vehicle for the payoff amount, when will I receive my title?

If there is no outstanding balance on your account, the title will be mailed upon verification of final payment clearance. It is important to verify Acura Financial Services has your current address on file to ensure you receive your title.

Because federal law requires disclosure of the vehicle mileage in connection with the transfer of ownership, you must submit a signed and dated Odometer Disclosure Statement and Title Release Information. Your vehicle title cannot be released until we receive the Odometer Disclosure Statement. You can mail the completed Odometer Disclosure with your payoff check or, if your payoff is submitted online, please fax the completed form to:

Attn: Captive Client
Fax No.: 937-481-5307

Can someone else purchase my leased vehicle?

We are unable to conduct third-party sales. Your leased vehicle may only be purchased by the original lessee(s) or by a dealer.

Inspection, Wear and Use

When should I have my vehicle inspected?

The inspection should be completed in the last two scheduled months of your lease. That way, you'll have time to take care of any repairs yourself. Or, if you choose to have us make the repairs, you'll understand exactly what you're being billed for.

Can I schedule my lease inspection online?

Yes, you can schedule your lease inspection online by visiting SGS. Please have your Acura Financial Services account number and VIN number available.

Why can't I just have my dealer perform the inspection on my vehicle?

Only authorized agents can provide an End-of-Lease inspection. The Lease Maturity Center will be happy to provide you with contact information for your local vehicle inspection provider. Or you can schedule your lease inspection online by visiting SGS.

How long does the inspection take?

In general, about an hour...less if your vehicle is free of excessive damage.

Do I have to be present during the inspection?

While it's tempting to hand over your keys and let the inspection proceed without you, we encourage you to be there. Your presence at the inspection will allow you to have a greater understanding of the results, and of any charges your vehicle may be assessed. Since you'll be asked to sign the report, you'll want to be present as the inspector looks at the vehicle. Additionally, you'll receive a copy of the report for your records. If you simply can't be present for the inspection, enlist the help of someone who knows your vehicle well to be there for you.

Do I have to take care of the repairs before I turn in my vehicle?

It's up to you. Your Acura dealer, or another repair facility, can handle the repairs. Please keep in mind that use of Genuine Acura Parts is a requirement of your lease agreement. You may also return the vehicle without making repairs. However, you will receive a bill for the cost of excess wear and use.

What if something happens to my vehicle between the time it's inspected and I turn the vehicle in?

Your vehicle is subject to a final inspection after you turn it in, so if a problem arises after your preliminary inspection, you may still be liable for it. Sometimes damage or malfunctions can't be detected during the inspection, or an unexpected condition arises after your vehicle is inspected. If you receive a bill for charges with which you're not familiar, contact a Lease-End/End-of-Term Consultant at 1-800-708-6555.".

Can I pay my final (end-of-term) bill with a credit card?

Yes, unlike a regular monthly payment, you may pay your end-of-term bill with a credit card. Contact the Lease Maturity Center for more information.

What charges may I expect on my final (end-of-term) bill?

Wear-and-use or damage, outstanding payments, excessive mileage, turn-in fee1, and any other outstanding obligations specified in your vehicle lease agreement.

1The turn-in fee amount depends on your state. See your lease contract for details.

Will any of the charges on my final (end-of-term) bill be waived for loyalty?

Yes, Acura Loyalty Advantage benefits reward loyal clients by offering:

  • Momentum Miles: If you have driven fewer than your contracted lease miles, your unused lease miles (up to 15,000) will be rounded up to the nearest 1,000 and added to your next Acura Luxury Lease.

  • Mileage Forgiveness: If you have driven more than your contracted lease miles (up to 7,500), we will waive half of your excess mileage when you lease or finance through AFS. Plus, if you choose to lease another new Acura with us, we'll add an additional 1,000 miles to your base mileage amount.

Plus, as a loyal AFS client2, you can also take advantage of:

  • An additional $750 Excessive Wear-and-Use or Damage Waiver3 (up to $1,500 total waived) on your current lease
  • A waiver on the turn-in fee for your current lease

2A loyal client is one who purchases or leases another new Acura or Honda automobile within 30 days prior to or after the turn-in date.

3An Acura Luxury Lease includes a $750 Excessive Wear-and-Use or Damage Waiver. Loyal clients may qualify for an additional waiver and may be eligible for a turn-in fee waiver. Total Excessive Wear-and-Use or Damage Waiver amount not to exceed $1,500.

License Plates

Do I have to do anything with my plates when turning in my leased vehicle to the Honda/Acura dealership?

Yes, if you live in the states of VA, NC, CT, RI, KY and MA. For these states, the customer needs to provide proof of cancellation or transfer from the state. This is required to stop the assessment of property taxes on the leased vehicle.

What do I do if I want to keep my plates?

You will need to contact the Lease Maturity Center at 1-866-777-6495 for a letter advising that you may keep the license plates.

Now Available on Your AFS Account:
• Schedule Payments – Make your payments same-day or schedule them for a future date.
• Manage Payments – View, modify and cancel payments.
• Payment Notifications – Receive payment reminders and other payment notifications via email and/or text. The choice is yours.
• EasyPaySM Made Easy – Enjoy more flexible EasyPay automatic payment options, including selecting a withdrawal date that works best for you.
• Mobile Friendly – Make your payments on-the-go with our mobile enhanced web pages.