Leasing Options: Consider just some of the many benefits of leasing:

• Low monthly payments
• More car for your money
• A new car more often
• The option to purchase at a pre-determined price or walk away at the end of the lease
• Automatic GAP protection
• Monthly payments tailored to your budget
• Case Closed!

With Future Value Leasing your future is guaranteed

With  Honda Finance Inc.  Future Value Lease™, the future value of the vehicle is determined at the beginning of the lease. Thus your payments are based on monthly depreciation and a monthly service charge.

"With our lease, you can afford the vehicle you never thought you could"
Let's assume you were originally looking to purchase a vehicle worth $14,500. With a Future Value Lease™ you could afford a vehicle worth $20,000 for the same monthly payment. Please see example below

A new vehicle more often.
 With lower monthly lease payments over a shorter period of time, you can drive a new vehicle more often. So just about the time your vehicle requires increased maintenance such as new tires, you have the option to leave it behind and be in a brand new vehicle.

At the end of the lease, you can drive your options.
 With the Future Value Lease™, at the end of your lease you have the option to purchase the vehicle for the pre-determined price as shown on your lease contract or you can return it without further obligation. If you decide to walk away from the vehicle, all you have to do is make sure you haven't gone over your kilometer limit, have all outstanding fines paid, pay your disposition fee, and be sure that there is no excess wear and tear on the vehicle (major chips, dents, excessive tire or brake wear, etc.)

If there's a gap, we fill it

Sometimes car insurance isn't enough. If your leased vehicle ends up in an accident, fire or is stolen, the vehicle may be written off. To insurance companies, a "write-off" means fair market value minus your deductible. Sometimes, this isn't enough to cover what is still owing on your lease. Our Future Value Lease™ offers you protection against these situations. Any gap between your insurance settlement less your deductible and your lease contract is covered automatically by GAP protection (Guaranteed Asset Protection). It's a little like having a money back guarantee on your lease vehicle.

Tailor-made to your terms, not the bank's.

When you borrow money to purchase a vehicle, it's usually the banks who call the shots. But with a Future Value Lease™, you tailor the monthly payments to match your budget, the term of the contract, and even the kilometers you expect to drive.

With our lease, you are automatically granted 2,000 kilometers per month, which is the average distance for Canadian drivers. If you know you'll drive more than 24,000 kilometers a year, we give you the option to buy additional kilometers up from at a reduced cost.

Case closed.

Many institutions offer 'Open End' leases. This means that you are responsible for the vehicle's market value  at the end of the lease. With the Future Value Lease™, Honda Canada Finance Inc. assumes the risk of the future value with a 'Closed End' lease. The 'option to purchase' price shown on your contract is what you would pay regardless of the vehicle's market value at the end of the lease.