Your Lease End Options:
Now that your lease is almost up, you may be wondering what’s next. It’s a good idea to start thinking about your end of lease choices, especially if you have 6 months or less remaining in your lease.
Option 1: Return your vehicle and lease a new Acura.
Easy, convenient and through the loyalty program, we may be able to offer you special rates and terms when you enter into a new lease for a new Acura.
Remember, you will still need to schedule a free vehicle inspection during the last two months of your lease. You will also be responsible for any outstanding payments, excess wear and use, excessive mileage, and any other end of term obligations specified in your lease agreement.
Ask about our Lease Maturity and Pre-Inspection, and have the dealer look at your vehicle before the end of term inspection. We may be able to eliminate potential end of lease excess wear and tear charges.
Option 2: Return your leased vehicle and purchase a certified used vehicle.
Acura Certified Pre-Owned Vehicle (ACPOV) programs offer significant advantages over used vehicles that are not certified. Every detail, every surface, every performance part is precision-crafted when an Acura is designed and built. It should come as no surprise that the same level of performance-minded scrutiny applies to every pre-owned Acura that qualifies for Certified Performance status. The decision to buy a certified used vehicle is clear – new vehicle benefits at a used vehicle price. Each and every vehicle is reconditioned where needed to provide you with the “like new” experience that Acura is known for. With an Acura Certified Pre-Owned Vehicle, you’ll also have access to financing options through Acura Financial Services.
Option 3: Purchase your leased vehicle.
Buying your leased Acura 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 tear or excess mileage charges to worry about. To find out your purchase amount, you can get a payoff quote 24 hours a day, 7 days a week through our Owner’s Website [http://www.myacura.ca/] in the My Finance section. Be sure to ask us for an Acura Financial Services loan to help purchase the vehicle.
Option 4: Return your leased vehicle to the dealer.
If you select this option, your lease concludes when you turn in the vehicle to ACURA Downtown or other Acura dealership. You will need to schedule a free vehicle inspection during the last two months of your lease. You will also be responsible for any outstanding payments, excess wear and tear, excess mileage, and any other end-of-term obligations specified in your lease agreement.
For more information about your options at the end of your lease contract, please contact our Leasing Manager, Vincent Lau at 416 867 1577 ext 19226.