Honda Leadership Purchase Plan
Honda’s Leadership Leasing program is a service contract that allows you to finance one of our vehicles in a flexible and cost-effective manner. As part of Leadership Leasing, the Leadership Purchase Plan will allow you to either trade in your vehicle, return it, or purchase it at a guaranteed price once the contract ends. It should be noted, however, that the Leadership Purchase Plan is only available in South Carolina, Illinois, Georgia, New York, Arkansas, Texas, Virginia, Maryland, Oklahoma, and Tennessee. With that in mind, continue reading to learn more about Leadership Leasing. If you have any questions, feel free to get in touch with one of our service representatives – they’ll be delighted to help.
Options and Definitive Pricing
There are plenty of Honda models to choose from, and Leadership Leasing offers options that will help you get behind the wheel in no time. If you choose to lease and find that you want to keep your Honda, then you’ll have the option of purchasing it at lease end. If not, you can choose to lease again or purchase a new model at that time.
One advantage that Honda lessees appreciate that they can’t get everywhere else is knowing well beforehand what the vehicle’s buyout amount will be. If the vehicle’s value is higher when the lease comes to an end, you will still be able to purchase it at the guaranteed price point to either keep or re-sell, and if the vehicle is worth less than the guaranteed price at the end of your lease, you can turn it in and lease a different model.
Coverage and Flexible Terms
Honda Leadership Leasing includes Guaranteed Asset Protection (GAP) insurance, which covers the difference between the remaining amount on your lease and the amount your vehicle’s insurance takes care of in the event that your vehicle is either stolen or totaled. There are also some flexible lease terms ranging from 24 to 60 months, and as the lessee, you can choose which term best fits your specific needs. Another option is the Honda One-Pay Lease, which does away with monthly fees in favor of a one-time payment.
Waivers and Mileage Options
Every Leadership Leasing plan comes with a $500 Excessive Wear and Use Waiver, and loyal customers, meaning those who purchase or lease another Honda during the 30-day period before the turn-in date, may qualify for an additional $500 waiver and may be eligible to get their turn-in fee waivered as well. What’s more, you can choose a mileage option that suits your driving demands. Some plans allow you to drive 12,000 or 15,000 miles per-year with the option of purchasing additional miles at the time when you sign the lease documents.
A Sense of Security
Unique to this leasing program are the Honda Care Sentinel Service and Honda Care Sentinel 3/45 plans. These provide an all-inclusive suite of services that will save you money on repairs. The Honda Care Sentinel 3/45 plan, for example, includes roadside assistance, concierge emergency services (unavailable in Florida), extensive component coverage, rental-car reimbursement, a trip-interruption benefit, and personalized travel plans. You’ll also have the peace of mind of knowing that all repairs are done by factory-trained Honda technicians who only use genuine Honda or American Honda-authorized parts.