End of Lease Choices
My lease is almost up, now what?
Now that your lease is almost up, you may be wondering what’s next. It’s a good idea to start thinking about your lease-end choices, especially if you have 6 months or less remaining in your lease. No matter where you leased your Honda from, Wilde East Towne Honda can assist you in making the decision that’s right for you.
You have options, choose from one of the three options below.
Once you know the option that best fits your needs, complete the form and enter the appropriate option. One of our staff will then get in touch with you to assist with your request!
Option 1: I would like to turn in my leased vehicle and purchase or lease a new Honda.
Opportunity is knocking, and now it’s time to get back that new car smell, and enjoy the latest safety technology and features that make Honda vehicles so special. Wilde East Towne Honda offers an incredible selection of New Hondas with great lease specials. Our staff would be happy to show you the most current models and go over your options. During the last two months of your lease, you will need to schedule a free vehicle inspection on your lease.
If this is the option for you, enter ‘Get another Honda’ and submit your information.
Option 2: I would like to get information on purchasing my leased vehicle.
Smart choice! Because Honda vehicles are built to such a high standard, many of our customers choose to buy their leased vehicle some time during their lease, or when the lease term ends. After all, you maintained and drove the vehicle, so you know exactly what you’re buying. If you decide to buy your vehicle, there is no need to have it inspected, since there are no excess wear and use or excess mileage charges to worry about. Our Finance Department can assist you with this and explore any other option that might benefit you. A specialist would be happy to provide you with the answers you need. Even if you didn’t lease your vehicle from Wilde East Towne Honda, we would be happy to help you with the transaction. If you would like our Finance Specialist, Steve Skow, to assist you, please call him at 608-316-2313.
If this is the option for you, enter ‘Buy my Lease’ and submit your information.
Option 3: I would like to simply turn in my leased Honda after the lease term ends.
We are happy to help with this as well. Your lease will end when you turn in your Honda to Wilde East Towne Honda in Madison Wisconsin. You will need to schedule a free vehicle inspection during the last two months of your lease. Please note with this option (option 3), you’ll be charged a termination fee per your lease agreement. You could also incur a charge for excess mileage above your contracted terms and / or any excessive wear and tear. These charges are not made by Wilde East Towne Honda, but by the leasing bank upon their inspection. Please also know that you will remain as the registered owner until the Leasing Bank has acknowledged your vehicle is at Wilde East Towne Honda. This process may take up to a week.
If this is the option for you, enter ‘Turn my car in’ and submit your information.