At Larry H. Miller Honda Boise we are dedicated to making your end of lease process as smooth and easy as possible. We have provided a timeline for what to expect, and steps you should take in the last 6 months of your lease to prepare yourself for the lease end process. We are also providing you with links to additional research material outlining each lease end option, so you can make an informed decision. Learn more about purchasing your leased vehicle, the lease return process, lease trade in option, and the lease pull ahead program.
We are always available to answer any questions and help you throughout the entire lease end process. Give us a call at (866) 746-3021.
Lease Purchase Option Lease Return Option Lease Trade-In Lease Pull Ahead
Lease End Timeline
How far out are you from your lease end date?
It's time to start thinking about your options and deciding what you want to do with your current lease.
The first think you need to think about is if you want to keep your current vehicle or get something new. Many people build a bond with their car and decided that they don't want to give it up at the end of their lease, while others want something new to keep up with the current technology and features, or just need something bigger to carry their growing family. This can be a hard decision, that's why it's time to start thinking about your options now so you will be ready when your lease end date rolls around.
Option 1: Keep Your Car
You have decided that you want to keep your current car and we have great news for you! You will be able to purchase your current vehicle at the end of it's lease. Click the button below to learn more about your lease purchase option.
Learn More About Purchasing Your Lease
Option 2: Return Your Lease & Lease or Purchase a New Car
You have decided that you want something new and want to start fresh with a new lease or vehicle purchase. This is a good option if your current vehicle doesn't have any leased car equity and is in good shape with little to no excess miles. Click the button below to learn more about the process for returning your lease.
Leased Car Equity is when your leased vehicle has a market value greater than then Residual Value that was given in your lease terms. If your current vehicle's value is less than it's residual value, you should consider returning your lease over trading it in.
Option 3: Trade In Your Lease & Lease or Purchase a New Car
Similar to Option 2, you have decided you want something new and don't want to keep your current lease, but when should you consider Trading In your vehicle instead of turning it in?
- If your leased vehcie has leased car equity - has a market value higher than it's Residual Value.
- It its Turn-In situation is not ideal - has excess damage or milage that could incur high return fees.
Learn More About Trading In Your Lease
You are now 4 months our from your lease ending. It's time to start preparing for the end of lease process.
- Schedule your Pre-Return Vehicle Inspection to avoid any unexpected fees and expenses.
- Decide if you want to make any repairs.
- Schedule an appointment with us.
- Satisfy any Lease Liability Fees/Charges.
Your lease is due soon, have you decided what your next step will be?
You've spent the last few months researching your options and deciding on your next step, but have you picked out your next vehicle? Did you know, if you decide to lease or purchase a new Honda from us within 30 days of returning your current vehicle you will be eligible for an additional $300 return voucher and additional Honda loyalty rewards, even a waived turn-in fee? Schedule an appointment with us today and we will gladly finalize your end of lease decision, and help you pick out your next vehicle.
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