Lease-End Process
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Acura Financial Services™ 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 Acura
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By leasing another Acura vehicle, you might qualify for Acura Loyalty Advantage benefits. This means you can have excess miles waived or unused miles rolled over into your next Acura Luxury Lease.
Even if you return your vehicle and lease a new Acura, you will still need to schedule a free vehicle inspection during the last two months of your lease. Plus, you will be responsible for any outstanding payments, excess wear and use, excessive mileage, and any other outstanding obligations specified in your lease agreement.
- Return Your Leased Vehicle to the Dealer
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Your lease concludes when you turn in the vehicle to an Acura dealer. You will need to schedule a free vehicle inspection during the last two months of your lease. Your Acura Luxury Lease™ includes an Excess Wear and Use Waiver, but you will be responsible for any wear or use that exceeds the waiver. You will be responsible for any outstanding payments, excessive miles, and any other outstanding obligations specified in your lease agreement.
- Purchase Your Leased Vehicle
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When you buy your leased Acura, you secure a vehicle with proven reliability and performance. If you decide to buy your vehicle, there is no need to have it inspected, since there are no excess wear or mileage charges to worry about.
Acura clients 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 1-866-777-6495.
For more information, contact our Lease Maturity Center or your Acura dealer.