Common
Sense Responses to Common Client Questions
Leasing
an Acura through Acura Financial Services (AFS) comes with many
advantages clients may not know about. Here are responses to common
questions about leasing.
Q: Is
there a limit to the number of miles I can drive with a lease?A:
When you choose the Acura Luxury Lease you have choices. You can choose
a lease plan that allows you to drive 12,000 or 15,000 miles per year,
with the option of purchasing additional mileage when you sign your
lease contract.
Q: I drive a lot
of miles; isn't it better to purchase?A: If you drive a lot
of miles, leasing and Acura makes better sense than purchasing one. When
you lease, you can trade in your vehicle frequently. If you drive a lot
of miles and purchase your vehicle, you may end up "paying" a lot more
for the miles you've driven with a lower trade-in value.
Q: Am I protected with a lease in case my
Acura is deemed a total loss because of theft or an accident?A:
Yes. All AFS lease include Guaranteed Asset Protection (GAP) coverage,
which covers the difference between what you owe on your lease and what
the vehicle insurance pays should your vehicle be stolen or deemed a
total loss in an accident.
Q:
Don't I have to pay for wear-and-use charges?A: All AFS
leases include a $1,500 Excessive Wear and Use Waiver*, which should
more than cover most drivers. And consider this: If you purchased your
vehicle, wear and use (those door dings and upholstery tears) could cost
you in the form of a lower trade-in value. Leasing can actually be more
forgiving when it comes to wear and use.
Q: What if I prefer to own my vehicles?A:
When you lease an Acura, not only do you enjoy all the benefits of
leasing, but you also have several options at lease-end: You can
purchase the vehicle, extend your current lease or lease a new vehicle.
The choice is yours.
* Maximum of $500 per
incident; total of $1,500.