We hope you've enjoyed leasing your Honda! As you enter into the lease return phase, the DCH Honda of Oxnard team wants to provide you
with an approximate timeline and steps to follow for the 3 typical
lease-end options so that you may have a better idea about the entire
lease end-of-term process:
Option 1: Return your Honda and buy or lease a new one
Option 2: Return your leased vehicle to us, even if you didn't lease it here
Option 3: Purchase your leased Honda
For more information, drop by DCH Honda of Oxnard or contact our lease
return specialists at (805) 973-1000.
Lease-End Process:
Option 1 Return your vehicle and lease a new
one.
If you select this option, follow these simple steps as you approach the
end your lease.
Six months before the end of your
lease:
Now's the time to start researching new Honda models. A visit to our
new inventory page is a great
start, and we will be happy to arrange for a test
drive and discuss your lease-end plans further. You can also visit our lease specialspage for more information about our lease programs
and current special offers.
Two to three months prior to
lease-end:
Contact the Lease Maturity Center
to discuss the steps involved in returning your leased vehicle. They
can also provide you with the phone number for the local vehicle
inspection facility.
Two months prior to
lease-end:During the last two months of your lease term, arrange for a free
vehicle inspection to evaluate wear and use and related charges, if any.
Having the inspection done well in advance of returning your vehicle
allows you to be present for the inspection and gives you time to take
care of any needed repairs. You will receive a Vehicle Inspection Report
following the inspection. Read more about Lease-End Inspection and Wear and Use Guidelines.
One week prior to
lease-end:
Arrange an appointment with a DCH Honda of Oxnard associate to turn in
your vehicle. Begin to assemble the materials listed below.
At
lease-end:At the appointed time, deliver your vehicle in clean condition to our
dealership. Please bring the following items with you:
After you turn in your
vehicle:
Contact the Turn-In Hotline at 1-800-351-6513 to inform Honda that you
have returned your vehicle.
If all payments have been made, your call will
prompt the completion
process for your account, and you will no longer receive monthly
statements.
If you have payments remaining
on your account, it is still your
responsibility to ensure that they are made (even if your dealer has
agreed to make final payments).
If any
end-of-term liabilities apply, they will be billed at a later
time.
Lease-End Process:
Option 2 Return your leased vehicle to the
dealer.
Here are some steps you will need to take if you choose this option:
Two to three months prior to
lease-end:Contact the Lease Maturity Center
at 1-800-351-6509 to discuss the steps involved in returning your
leased vehicle. They
can also provide you with the phone number for the local vehicle
inspection facility.
Two months prior to
lease-end:
During the last two months of your lease term, arrange for a free
vehicle inspection to evaluate wear and use and related charges, if any.
Having the inspection done well in advance of returning your vehicle
allows you to be present for the inspection and gives you time to take
care of any needed repairs. You will receive a Vehicle Inspection Report
following the inspection. Read more about Lease-End Inspection and Wear and Use Guidelines.
One week prior to
lease-end:
Arrange an appointment to turn in your vehicle to Honda of Oxnard. Begin
to assemble the materials listed below.
At
lease-end:
At the appointed time, deliver your vehicle in clean condition to Honda
of Oxnard. Please bring the following items with you:
After you turn in your
vehicle:
Contact the Turn-In Hotline at 1-800-351-6513 to inform Honda that you
have returned your vehicle.
If all payments have been made, your call will
prompt the completion
process for your account, and you will no longer receive monthly
statements.
If you have payments remaining
on your account, it is still your responsibility to ensure that they
are made.
If any end-of-term liabilities
apply, they will be billed at a later time.
Lease-End Process:
Option 3 Purchase your leased
vehicle.
If you decide to buy your vehicle, there is no need to have it
inspected. Just follow these easy steps:
Step 1 - Obtain a Payoff
Quote:To find out your purchase amount, you can get a payoff quote 24 hours a
day, 7 days a week through Honda's online Account Access or by calling the Express Payoff System at
1-800-708-6555.*
If you call for your payoff information by telephone, you may request,
by mail, a written confirmation of your payoff quote, along with
instructions and required documentation.
* The Express Payoff System cannot provide quotes on lease accounts in
which the vehicle is garaged in AL, AK, AZ, or IL, or if certain
conditions require that you speak with a Honda Financial Services
Representative, Monday through Friday from 9 to 5 CST.
Step 2 - Notify Honda Corporate of
your intent to purchase:Contact the Lease Maturity Center and let them know you intend to
purchase the vehicle.
Step 3 - Provide payment and
required documentation:
Mail the full payoff amount (including state sales tax, if any) to the
address below. If there is no outstanding balance on your account, the
title will be mailed upon receipt of payment. It is important to verify
Honda Financial Services has your current address on file to ensure you
receive your title.
Because federal law requires that you disclose the mileage to Honda in
connection with the transfer of ownership, you must submit a signed and
dated Odometer Disclosure Statement.
Your check and Odometer Disclosure Statement should be mailed to:
Honda Finance Exchange, Inc. *
P.O. Box 70252
Philadelphia, PA 19176
If you are using a special delivery service such as FedEx, use the
following address:
Honda Finance Exchange, Inc. *
Lockbox # 70252
101 N. Independence Mall East
Philadelphia, PA 19106
* Notice is hereby given that Honda Lease Trust has assigned all of its
rights
(but not obligations) to purchase and/or sell this vehicle to Honda
Finance
Exchange, Inc. pursuant to the Sub-Servicing and Master Exchange
Agreement.
Notice for New York and Virginia residents: The Trust designation is
HVT, Inc.,
as Trustee for Honda Lease Trust.
Step 4 - Re-register your
vehicle:State law requires that you transfer the title and vehicle registration
into your own name and pay any applicable sales tax and/or fees. This
can be completed at your local Department of Motor Vehicles.
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Nearing your lease-end and wondering where to go from here? Fill in the form below and one of our professional, friendly consultants will help you explore your best options:
