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Approaching the end of your Honda lease? Wondering what to do next? Lease End is here to help you navigate your options and find the best solution for your driving needs.
(And we'll even let you in on some of the secrets your dealer won't tell you!)
Why Consider a Lease Buyout?
Leasing can make sense for plenty of drivers. In a lease, you enjoy the thrill of driving a new car every few years without the long-term commitment of ownership. Plus, leases often come with lower monthly payments than financing, making them potentially more accessible than a purchase.
However, lease buyouts offer some unique advantages, especially if you’ve grown attached to your Honda.
For starters, you may be able to buy your car for less than its current market value, especially if it's held its value well, which Hondas tend to do. This means the most affordable version of the Honda you love might be the one you've been driving.
In buying out your lease, you can sidestep potential excess mileage and wear-and-tear charges you may otherwise need to pay when returning the vehicle. You also know the history and condition of your vehicle, making it a safer bet than purchasing a used car elsewhere.
Why Drivers Love Honda
We don't need to tell you why you love your specific car. It's been with you on your toughest days. It's taken you on your best trips. Maybe you've even given it a name.
But there's plenty to love about Hondas in general.
Reliability. Hondas are renowned for their durability and low maintenance costs, making them dependable long-term investments.
Fuel Efficiency. Models like the Civic and hybrid versions of the Insight, CR-V, and Accord offer excellent fuel economy, saving you money on gas.
Affordability. With sedans like the Civic and Accord offering great value and the Odyssey starting under $40,000, Honda vehicles are smart choices for families.
Comfort & Features. Honda SUVs like the CR-V and Pilot are known for their comfort and convenience features, making every drive enjoyable.
It's tough to find a car better than a Honda. Which might be why you're considering buying out your lease.
Honda Models Popular for Lease Buyouts
At Lease End, we’ve helped thousands of drivers buy out their leases on a variety of Honda models, so we have lots of proprietary lease buyout data that can provide insight to lessees.
The Civic, CR-V, and Accord are the most popular models to buy out, with 731 Civics, 477 CR-Vs, and 406 Accords bought out (and counting) since the start of 2023.
| Model | Avg. Buyout Loan Payment | Avg. Retail Book Value | Avg. Equity Retained |
| Honda CR-V | $417 | $28,430 | $9,516 |
| Honda HR-V | $354 | $22,148 | $6,815 |
| Honda Civic | $342 | $22,924 | $8,553 |
| Honda Pilot | $535 | $32,005 | $6,954 |
| Honda Accord | $391 | $26,859 | $9,867 |
| Honda Odyssey | $508 | $36,748 | $13,513 |
Exact monthly payments vary by driver according to credit score, vehicle, and other factors. However, Lease End can help you secure your best financing option through our trusted partners, such as Ally and Capital One.
Many of our drivers even find that buying out their lease provides them a lower monthly payment than leasing a new vehicle of the same model or purchasing a different used vehicle that they didn't previously lease.
How to Buy Out My Honda Lease
Unlike the old, clunky buyout process, which involved dealership trips and hours of waiting to talk to a real person on the phone, we make the buyout process straightforward and hassle-free.
We prioritize your needs by offering a simple, fast, and convenient way to secure a lease buyout loan.
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Anxiety-Free Process
We eliminate the stress of dealing with multiple banks and dealerships. Don’t go bank to bank to bank — we’ll do it virtually for you. |
100% Digital
Our streamlined tech ensures you get the best rates quickly and easily — all from the comfort of your couch. |
Real People, Real Care
We're car people through and through. Our Twin Falls, Idaho, team is here to help, whether you prefer to talk to someone or handle everything online. |
Here’s how it works:
1. Submit Your Information: Start by filling out a simple form with details about your Honda.
2. Explore Your Options: We present you with the best financing options available, saving you the trouble of shopping around.
3. Finalize the Buyout: Choose the finance option that best fits your needs. Then, simply complete the easy-to-sign paperwork either online or with the help of our friendly team.
4. Enjoy Your Honda: Drive away with the peace of mind that you’ve made a smart financial move from the comfort of your couch.
Credit pull debunk: Worried about multiple credit pulls?
Don't be. According to Experian, multiple credit checks within a similar loan type are scored as one inquiry. We minimize the impact on your credit score while maximizing your best outcomes by requesting loan options from multiple banks.
All that's left now is to start the process online by entering your license plate or VIN.