Honda Leasing Frequently Asked Questions in Fredericksburg, VA
If you’re not familiar with the world of leasing, going down this avenue of payment can feel somewhat daunting. Fortunately, the team at Pohanka Honda of Fredericksburg would like to answer some frequently asked questions about this topic in hopes of providing some insight on this advantageous method of vehicle acquisition. Feel free to contact us with any of your questions.
When Should I Have My Vehicle Inspected?
One benefit of leasing is only paying towards the depreciation and mileage. Since your money goes to the wear and tear of whichever Honda you choose, it is crucial to do your best to keep it intact and in shipshape. So, when the time comes for you to hand back your Honda, we recommend having someone check it out at least two months before your contract ends. That way, you will have the time you need to take care of or replace anything that needs tending to. Our Service Department can also gladly inspect your ride. The team is comprised of trained technicians who know the ins and outs of Honda rides, so you know you’re in good hands.
What Charges May I Expect on My End-of-Term Bill?
When you lease one of our new Honda vehicles off of our lot, you are taking on a huge but exciting responsibility. Another advantage of choosing this route is that your contract can be dependent on how long you intend on driving along with how your chosen model wears. In addition to depreciation, you can also expect to find outstanding payments. Because your agreement depends on an anticipated number of miles, any amount over that agreed-upon number will be noted and will appear on your final statement. Other charges include a turn-in fee1 and any outstanding obligations that are particular to your specific lease terms.
If I Decide to Purchase My Vehicle for the Payoff Amount, When Will I Receive My Title?
While leasing terms typically last between two and four years, you also have the option of keeping your Honda if you’ve fallen in love with it. All you have to do is pay the remaining balance of your chosen set of wheels. And if there is no outstanding amount on your account, the title will be mailed upon verification of final payment clearance. It’s crucial to verify Honda Financial Services has your current information to ensure you receive your title in a timely and efficient manner. For more details, be sure to reach out to us with your inquiries.
We hope that after you’ve read these Honda leasing frequently asked questions in Fredericksburg, VA, that you’ll be ready to visit Pohanka Honda of Fredericksburg!
|Monday||9:00 am - 9:00 pm|
|Tuesday||9:00 am - 9:00 pm|
|Wednesday||9:00 am - 9:00 pm|
|Thursday||9:00 am - 9:00 pm|
|Friday||9:00 am - 9:00 pm|
|Saturday||9:00 am - 7:00 pm|
|Sunday||11:00 am - 7:00 pm|
1. The turn-in fee amount depends on your state. See your lease contract for details.