Honda Leasing FAQs

Honda Leasing FAQs


Whether this is your first time shopping for a new Honda or you’ve typically purchased cars in the past, you may have some questions regarding your option to lease your new car. While leases offer some great benefits—especially our Honda lease deals here at Tampa Honda—there are some key things to know before you make your final decision about which type of financing you want. Below, you’ll find answers to many common questions that Tampa, Citrus Park, and Lutz, Florida, drivers ask when they consider leasing a Honda.



Leasing

How Long Does a Lease Last?

This will depend on the exact lease terms you agree to when you first sign your contract. Typically, leases are around 24 to 36 months long. In some cases, though, they can run up to 60 months long.

How Many Miles Can I Drive a Leased Car?

Each lease comes with a certain amount of mileage you can drive per year. This isn’t a fixed number, though, for every single lease. Our finance team can help make sure you have enough miles on your lease to commute to work and other weekly activities you routinely participate in. If you do exceed this preset mileage, there may be fees you’ll need to pay.

Bad Credit Score

Am I Responsible for Having My Leased Car Serviced?

Yes, you’ll need to schedule services for all the manufacturer’s recommended maintenance. Also, any recalls that occur during your time leasing your car will also need to be taken care of.

Does Leasing a Car Require a Good Credit Score?

While your score will affect your ability to get a lease, it doesn’t mean a less-than-ideal score will automatically be declined. Mostly, your credit score will factor in when determining the interest rate of your lease and the amount of down payment that will be due up front.

Dealership

What Do I Need to Do Before Returning My Lease?

When your lease finishes, you’ll need to have an inspection performed before you return your car to the dealership. You’ll want to have this inspection done in the last couple months of your lease term. That way, if there are any issues, you’ll have time to get them resolved before you return your lease.

Can I Buy My Car When My Lease Ends?

Yes, one of the options you have when your lease comes to an end is to buy your car. What will be owed is the remaining value of the vehicle, which you can then finance by getting an auto loan. Then, you can continue to drive your car for as long and for as many miles as you’d like. Another option when your lease ends is to start a lease on another new Honda. Related Post: Leasing vs Buying

Learn More About Leasing a Honda in Tampa, FL

If you have any other questions regarding your Honda lease or about leasing a vehicle in general, you can contact our finance center team now at Tampa Honda! Interested in leasing a new Honda near Tampa, Citrus Park, or Lutz, FL? If so, stop by today to find the new Honda you want to lease. You can even set up a test drive now in whichever model you think you’d like to lease!