Honda Leasing Frequently Asked Questions in Chantilly, VA

Is your current leasing contract nearing the end of its lifespan? Maybe you are considering becoming a lessee and want to know about what this path entails for you as the consumer. Whatever the case may be, we at Honda of Chantilly are here to address the most frequently asked questions, so we can fill you in with all of the details. If you have any concerns, give our Finance Department a call or swing by our location at 4175 Stonecroft Boulevard in Chantilly, VA.

Mileage

Are you considering leasing and are a bit weary of the mileage restrictions? We will be happy to lay your concerns to rest! Leasing isn’t only meant for drivers that have a set-in-stone annual mileage. In fact, you will have the opportunity to purchase your miles ahead of time, so you can drive with peace of mind that you won’t go over your limit. We typically suggest that our clients calculate their average driving distance per year, and opt for some extra miles at a lower price before taking the vehicle home. This way, you can save some money rather than exceeding your limitations and owing more cash when your terms wrap up. Bear in mind, the miles that you don’t use will not be refunded back to you.

Purchase Your Vehicle

Many people opt for leasing because it gives them the perfect trial period to determine if they want to keep their set of wheels for good. So, if this is the case for you, our friendly staff is here to answer some common questions. For instance, if you decide to purchase your vehicle, you will receive your title upon verification of the final payment being cleared. Are you wondering whether someone else will be able to purchase your leased vehicle? Unfortunately, that is not possible, and your leased driving option can only be purchased by the original lessee or Honda of Chantilly. Are you unsure of why your estimated payoff on your statement didn’t decrease by the amount you paid each month? Well, your payment is made up of a depreciation and rent charge. The depreciation amount is only applied to your payoff.

End of Lease

If you are thinking about what happens at the end of your lease, then we are here to assist! Did your vehicle succumb to some damage while it was in your possession? Are you wondering if you have to cover the cost or make the repairs yourself? Whether you have a couple of paint chips or a stained interior, you may return your vehicle without making any repairs to your vehicle, and we will send you the bill for the cost of excess wear and use. If you would like to make the fixes yourself, contact the Lease Maturity Center to see which damages will be covered. If you are questioning when you will receive your security deposit, it is usually released after payoff, as long as there is no outstanding balance or pending taxes.

Have these Honda leasing frequently asked questions in Chantilly, VA, filled you in? We at Honda of Chantilly sure hope so! If you have any more inquiries, visit our Finance Department during our business hours.