How to Lease a Car in Escondido

Starting a Lease

Once you’ve chosen the new Honda that’s ideal for your San Diego lifestyle, it’s time to do the preliminary work.

• Budget: If you aren’t financing a new Honda, you’ll still need to budget for your monthly lease payments. Leasing doesn’t include a high down payment, but you’ll still want to see what you can afford from month to month. Consult our payment calculator if you need assistance!
• Calculate Average Yearly Mileage: Unlike financing, leasing comes with mileage restrictions. These can typically be negotiated based on payments, but either way you’ll want to do your homework in order to avoid future penalties and charges.
• Negotiate: After you’ve found the car you want to lease, it’s time to determine your lease payments! Note that you can still trade in a car to offset the costs.
• Sign and Drive: Here comes the fun part! After you pay taxes, take care of closing costs, and read all of the paperwork so financial disclosures and mileage restrictions are clear, you can take on the Carlsbad roads in your new Honda!

Returning Your Lease

Once your lease term ends, you have a few options moving forward. You can:

• Return your lease
• Exchange your lease for another leased car
• Extend your current lease contract
• Buy out your current leased vehicle

Choose what’s best for your driving needs! However, if you do return or exchange the car you’ll want to:

• Clean the Car: It’s best to play it safe and keep the car in as close to its original condition as possible. This way, a dealer can’t try to give you any extra payment penalties for car condition.
• Bring Your Paperwork: Be sure to take your initial terms of agreement, service records, etc. when returning your lease to a dealership.
• Pay Your Fees: If your lease did accrue any wear and tear/mileage overages/etc., be sure you pay those fees upon returning the vehicle.