Lease Returns

Acura Lease Returns

As your lease term comes to a close, you have some important choices to make. Whether you're interested in upgrading to a new Acura, holding onto your current vehicle, or simply returning the lease, we're here to support you every step of the way.

Option 1: Trade-in For a New Acura

You can upgrade to one of the latest Acura models when your lease expires. You can easily step into a new Acura by trading in your leased vehicle.

Benefits of Leasing Again:

• Stay Up-to-Date with the Latest Models: Always enjoy the latest technology and features.

• Lower Maintenance Costs: Many lease agreements include maintenance, helping to reduce costs.

• Possibly Lower Payments: Your monthly lease payments for a new vehicle could be similar or even lower than what you're currently paying.

Option 2: Purchasing Your Leased Vehicle

If you've grown fond of your current Acura and want to keep it, buying it outright is a solid option.

Things to Consider Before a Buyout:

• Vehicle Condition: Look closely at your vehicle's condition, including any wear, mileage, and repairs that may be needed.

• Market Value: Check the current market value of your Acura to determine its potential resale value.

• Financial Considerations: Compare the total cost of ownership, factoring in monthly payments, interest rates, and depreciation, with the buyout price.

Option 3: Returning Your Lease

The return process is simple if you're ready to part ways with your leased vehicle.

Pre-Return Inspection:   

• Scheduling: Set up a pre-return inspection a few weeks before your lease ends.

• Inspection Details: A representative will assess your vehicle for wear, interior damage, and exterior blemishes.

• What to Expect: Your vehicle will be evaluated based on the conditions outlined in your lease.

Final Return and Potential Charges:

• Mileage Overage: Exceeding your lease mileage may result in a per-mile fee.

• Excessive Wear and Tear: Any significant damage, such as scratches or dents, may incur additional charges.

• Disposition Fee: This fee covers the paperwork and processing for the vehicle's return.

As your lease wraps up, think about which option best suits you. If you're ready to enjoy the latest Acura models, trading in your current vehicle could be perfect. If you've grown attached to your current ride, purchasing it outright is also an option. And if you're ready to move on, returning the lease is hassle-free.

For more information, please reach out to us or visit the Acura website.