Honda Lease FAQs
Looking to lease a new Honda coupe, sedan, hatchback, SUV, or truck? Well, you’ve come to the right place, as our Roush Honda dealer near Columbus is proud to offer an extensive inventory of new vehicles to choose from, a team of highly-knowledgeable sales professionals, and a long and very generous list of Honda lease specials as well! So, with that being said, you probably have a couple of questions regarding the lease process and how exactly it works, and we are here to answer them for you!
I Typically Drive More Than 15,000 Miles Per Year. Does That Mean I Shouldn’t Lease?
Not at all. Once your Honda Leadership Leasing agreement is signed, you cannot change your mileage allowance. However, we have special lease programs that allow you to buy “up-front” mileage less expensively than you would pay at the conclusion of the lease. This cost can conveniently be included in your monthly payment.
Do I Need To Perform Maintenance On A Leased Vehicle?
Yes. As part of your Honda Leadership Lease agreement, you are responsible for servicing your vehicle in accordance with the manufacturer’s minimum recommendations and as requested by the manufacturer in connection with any recall campaign.
What Are The Insurance Requirements For A Leased Vehicle?
Honda Financial Services requires you to maintain physical damage, comprehensive, and collision insurance coverage for the duration of your contract for the minimum coverages required by the laws of the state in which you reside. Honda Lease Trust (HVT, Inc. in NY and VA) should be listed as an additional insured and loss payee. Please read your lease agreement carefully and contact your insurance agent for details on your state’s requirements or information on coverage to suit your specific needs.
What Happens If My Leased Vehicle Is Stolen Or “Totaled” In An Accident?
In this case, please continue to make your payments and immediately notify Honda Financial Services (HFS) Customer Service to discuss the next steps. All Honda leases include Guaranteed Asset Protection (GAP) to protect you if your insurance company pays less than the amount it would cost to pay off the car. The lease GAP coverage provides different protection than Honda Care GAP and certain exclusions and limitations apply, so please refer to your agreement or contact HFS Customer Service for details.
What If I Go Over My Lease Agreement’s Mileage Allowance?
If you go over your mileage allowance, charges may apply. Please review your lease agreement for details.
Learn More From Our Honda Dealer Near Columbus
If you’re interested in hearing more about the Honda lease process, a new, used, or certified pre-owned vehicle in our inventory, or you would like to schedule a test drive in a model of your choice, please feel free to contact us online or visit us in-person here at our Roush Honda dealer near Columbus. We’re located at 100 W Schrock Rd in Westerville, OH and we are open from 9 a.m. – 9 p.m. Monday through Thursday and 9 a.m. – 6 p.m. Friday through Saturday!