Approach your lease-end with confidence

So, you're nearing the end of your Honda lease, and wondering, What comes next? Maybe you'd like to experience more of what you love about your Honda, but this time with an emphasis on sporty, or maybe you're set on staying behind the wheel of your existing vehicle. Whatever you choose, we're here to make the move as easy and convenient as possible.

In the months before your lease comes to an end, you'll receive several communications from Honda Cars of Corona about your options and obligations. During this time you can choose a path that best fits your needs and lifestyle.

Choose from the following options to find out what to expect:

1.       Choose a New Honda

2.       Buy Your Current Honda

3.       Sell Us Your Honda

4.       Turn In Your Honda

For more personalized lease-end service, call our store and ask for our E-Sales Department at 951-520-5393


1. Choose a New Honda

Whether you're eyeing a new Honda model or simply want a brand new version of what you're driving now, Honda Cars of Corona has options for you.

STEP 1. Begin your search online. Visit to view the full lineup of Honda vehicles and specials. You can also stop by our dealership to get up close and personal with the latest models.

STEP 2. Go for a test drive. Take the vehicle for a test drive. Once you've made your choice, Honda Cars of Corona can offer assistance with all of your financing and leasing needs.

STEP 3. We'll help you turn in your current vehicle. See TurnIn Your Honda for more information.


2. Buy Your Current Honda

 If you're ready to make your leased Honda your very own, there's no need for a wear and use evaluation or extra mileage charges. In other words, you don't have to stop driving your current Honda ? simply follow these steps and get ready to go.

STEP 1. Determine your payoff amount. View your lease vehicle's payoff information in your account, or call us and we can help you with that 951-734-8400. We will set up a time for you to come in and complete the simple steps for paperwork to roll over your lease to a purchase.


3. Sell Your Vehicle To Us

Our offer to purchase your vehicle is often higher--sometimes significantly so--than the Honda guaranteed purchase price ("residual") quoted when you leased the vehicle. You can do steps 1, 2 & 3 with absolutely no obligation to proceed with step 4.  It's only an extra few minutes and you get to pocket any positive difference between our cash offer and the residual!

STEP 1. Conduct an honest self-appraisal. Use the convenient appraisal tool, AutoTrader Trade in Market Place Appraisal. Note ALL condition issues for accuracy.

STEP 2. Bring your car in during Sales Dep't business hours. Or better, contact Honda Cars of Corona at 951-734-8400
for an appraisal appointment.

STEP 3: Upon your arrival, we'll perform a 3-part inspection: a) Visual; b) Drive; and, c) Electronic (online vehicle history).  After inspections are complete, about a 20 minute process, we'll electronically check the up-to-date vehicle value reports. Currently those include Kelley Blue Book/NADA and Mannheim Auto Auctions along with local pricing reports.

STEP4: We'll show you our best offer for your vehicle.  We'll also show you how we came to that value. If it's more than your Guaranteed Purchase Price from Honda, you get to pocket the difference!  We'll take care of your vehicle's payoff and document handling plus get your check processed as quickly as possible.


4. Turn In Your Honda

STEP 1. Give us a call before your lease ends at 951-734-8400. Our Sales Managers will review the details of your lease agreement with you, such as your originating dealer information and actual lease-end date. If we do not hear from you, we will contact you.

STEP 2. Assess your vehicle's condition using the Wear and Use Guidelines. Unrepaired damages that exceed normal wear and use may result in charges at the end of your lease. Review your mileage allowance to assess any excess mileage charges at lease end.1

STEP 3. Make any necessary repairs. Honda Cars of Corona may be able to offer help with cost-effective repairs if needed. Making repairs upfront may save you a bill later on and may even be covered by your insurance policy. Be certain to keep all of your receipts for any repairs made and see your insurance policy for coverage.

STEP 4. Schedule an appointment with us to return your Honda vehicle.

STEP 5. Return your Honda. Take your clean vehicle to Honda Cars of Corona by the lease-end date. You will be required (by law) to complete an odometer statement at this time. Remember to bring all keys, Owner's Manuals, and any original equipment removed from your vehicle to the appointment (cargo cover, headrests, spare tire, etc.). An independent inspection company will perform a final inspection before you turn in your vehicle.

STEP 6. Make any outstanding payments. Remember to cancel any electronic payments and pay outstanding lease payments, late fees, property tax and any other charges that may be due under your lease agreement.

Once your independent inspection is complete, charges may be due if your vehicle exceeds normal wear and use or mileage limits. AHFC will send a final statement after the leased vehicle is returned.

As set forth in your lease agreement, these charges, along with other charges such as any remaining liability for unpaid citations, taxes, etc. are payable to AHFC(1)

Please refer to your lease agreement for a description of your rights and obligations upon termination of your lease.

(1) All charges may be subject to sales tax.