What is Lease Maturity?

The security deposit is generally released upon receipt of payoff if there is no outstanding auto lease balance or pending property taxes due on your account.

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If there is no outstanding balance on your account, the title will be mailed upon verification of final payment clearance. It is important to verify Honda Financial Services^SM has your current address on file to ensure you receive your title.

Only authorized agents can provide an End-of-Lease Inspection. The Lease Maturity Center will be happy to provide you with the nearest authorized vehicle inspection facility.

In general, about an hour; less if your vehicle is free of excessive damage.

While it's tempting to hand over your keys and let the inspection proceed without you, we encourage you to be there. Your presence at the inspection will allow you to have a greater understanding of the results, and of any charges your vehicle may be assessed. Since you'll be asked to sign the report, you'll want to be present as the inspector looks at the vehicle. Additionally, you'll receive a copy of the report for your records. If you simply can't be present for the inspection, enlist the help of someone who knows your vehicle well to be there for you.

It's up to you. Your Honda dealer, or another repair facility, can handle the repairs. Please keep in mind that use of Genuine Honda Parts is a requirement of your lease agreement. You may also return the vehicle without making repairs. However, you will receive a bill for the cost of excess wear and use.

Your vehicle is subject to a final inspection after you turn it in, so if a problem arises after your preliminary inspection, you may still be liable for it. Sometimes damage or malfunctions can't be detected during the inspection, or an unexpected condition arises after your vehicle is inspected. If you receive a bill for charges with which you're not familiar, contact a Honda Customer Service Representative at 1-800-708-6555.

No. However, when you return the vehicle you will need to provide receipts or repair orders that indicate what repairs have been done.

You may be. If the dealer purchases the vehicle as a trade-in and makes a full payoff, your obligation for excess wear and use, excess mileage and the disposition fee (if applicable) is waived. However, you will still be responsible for outstanding items such as lease payments owed, personal property taxes, late charges, fines, etc.

Yes, unlike a regular monthly payment, Honda leases allow you to pay your end-of-term bill with a credit card by calling 1-800-351-6510.