
Are You Nearing The End of Your Lease?
Wondering what's next now that your lease is almost up? It's a good idea to start thinking about your lease-end choices, especially if you have 6 months or less remaining in your lease. At Honda Cars of McKinney, we can assist you in making the decision that's right for you. You have a few options from which to choose:Option 1: Return your leased Honda and buy or lease a new Honda.
- This option is convenient, easy, and best of all; you get to drive off in a brand new Honda! With this option, you need not wait until the end of your lease to get a new vehicle. Take advantage of our current specials and drive a new Honda today! We'll be happy to show you the latest models and discuss your options.
- If you select this option, your lease concludes when you turn in your Honda to us. You will need to schedule a free vehicle inspection during the last two months of your lease. You will be responsible for any outstanding payments, excess wear and use, excessive miles, and any other end-of-term obligations specified in your lease agreement. We make it simple, just visit us and we can take care of all the necessary paperwork
- Buying your leased Honda is a great way to continue benefiting from its reliability, performance, and high resale value. If you decide to buy your vehicle, there is no need to have it inspected, since there are no excess wear and use or excess mileage charges to worry about. Low financing rates and extended protection plans are available for lessees who wish to purchase a leased vehicle.
Frequently Asked Questions
Q: Do I really need to have a pre-inspection completed prior to my lease maturing?A: Yes, a pre-inspection will provide you with an itemized list of excess wear and use charges. This information will help you determine whether repairs are necessary and whether or not you wish to complete them before the end of the lease.
A: No, you can return your lease to Honda Cars of McKinney.
Q: What do I need to bring when I return my Honda?
A: Both sets of keys, books (navigation disk and cargo cover if Honda came equipped)
A pre-lease maturity inspection is all that is required in many of these cases to take advantage of all of the above savings and incentives. Pre-lease maturity inspections take approximately five minutes and can be massively beneficial to all Honda Lessees who are considering turning in their lease.
Pre-lease maturity inspections can be performed during normal business hours, Monday-Friday at Honda cars of McKinney. Call to schedule an appointment.
Contact
Hours
- Monday 9:00AM - 8:00PM
- Tuesday 9:00AM - 8:00PM
- Wednesday 9:00AM - 8:00PM
- Thursday 9:00AM - 8:00PM
- Friday 9:00AM - 8:00PM
- Saturday 9:00AM - 8:00PM
- Sunday Closed
Returning Your Leased Vehicle
Follow these simple steps to return your vehicle at the end of your lease.
Two to three months before your final payment:Contact the Lease Maturity Center to discuss the process for returning your vehicle. They can also provide you with contact information for your local vehicle inspection provider.
Two months before:
Schedule a free vehicle inspection to evaluate wear and use and related charges, if applicable. Honda Leadership Leasing® includes an Excessive Wear-and-Use or Damage 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, turn-in fee, and any other outstanding end-of-term obligations specified in your lease agreement1. You will receive a Vehicle Inspection Report following the inspection. Read more about Vehicle Inspection and Wear and Use Guidelines.
Schedule your vehicle inspection online by visiting SGS.
One week before:
Make an appointment to return your vehicle to Honda Cars of McKinney.
At the appointed time:
Deliver your vehicle in clean condition to your Honda dealer. Please bring the following items with you:
• All keys to the vehicle
• Owner's Manual and maintenance records
• Vehicle Return Receipt
• Vehicle Inspection Report
• Receipts for completed repairs
After you turn in your vehicle:
Contact a Customer Service Representative at 1-800-708-6555 to inform Honda Financial ServicesSM that you have returned your vehicle or to ask any questions.
If all payments have been made, your call will start the completion process for your lease account, and you will no longer receive regular monthly billing statements.
If you have payments remaining on your account, you are still responsible for ensuring they are made on time (even if your dealer has agreed to make final payments).
If any end-of-term liabilities apply, they will be billed at a later time.