Honda Lease

Our Lease Product is the perfect entry level lease option. It offers you as the customer the flexibility of utilizing a vehicle without worrying about depreciation. If you’re wondering if this option is right for you, please continue reading below to find a comprehensive explanation of the lease process.

THE TOP FOUR Standard LEASE FEATURES

THE TOP FOUR Standard LEASE FEATURES

  1. Honda Model Up: At any point during the lease, if the value of your vehicle exceeds the value owing on the contract, you are able to upgrade your current lease vehicle into a brand-new Honda with a new lease contract.
  2. All Under One Roof: Every step of the process for your lease is handled internally within Honda, under one roof. No multiple suppliers or providers to contact. The entire process has been designed to be as simple and non-time consuming as possible for you, our customer.
  3. Loan Cars: For most people when your vehicle is down, it heavily impacts your productivity or lifestyle. That’s why as part of our lease solution you will always have access to a complimentary loan car while your vehicle is being worked on, including for prolonged repairs such as collisions.
  4. Consecutive Lease Option: Sometimes you are unsure on how long you will require a vehicle, which is why we have designed an option especially for this. Our consecutive option allows you to leave the lease after 12 months, however, if you wish to continue using the car after this point your future repayments will be adjusted to reflect the new lease period.

How it works

The process is simple. Simply select the model you are after, then select the length time you wish to lease the car (between 24 - 45 months) and your estimated total kms in that time. Then leave the rest to us!

To the right, you can see that Honda will calculate what amount you need to pay per month for the usage you have requested.

Your fixed monthly repayments vary according to the total distance traveled during your lease. 

Private Features

Private Features

Below are a few reasons why our private customers choose Lease:

  • Does not require a large up-front deposit.
  • Once you tell us how far and for how long you want the car. You need only pay for that much usage.
  • Since you only pay for what you use, this generally means your repayment will be much less than taking out a loan to purchase a vehicle.
  • There are no establishment fees for your lease. 
  • At the end of your contract, you decide. Return, Renew, Buy or Extend*.

*Up to a maximum 45m months total

Company Features

Company Features

Below are a few of the reasons our clients choose a Standard Lease:

  •  Fixed Interest Rates
  • Tax deduction on the whole repayment
  • No residual risk
  • Off balance finance sheet
  • Capital not tied up
  • GST paid in installments
  • No contingent liability
  • Built in servicing and maintenance costs
PRODUCT COMPARISON

PRODUCT COMPARISON

How does this compare to our other great finance products?

We’ve created the following simple graph to show you how this payment option compares to our other finance and lease options on a monthly basis*.

*Information used to create this graph is based upon a new Honda CR-V AWD Sport Premium over a 36 month term with zero deposit. The Flexi Loan option includes a final payment of $5,000. For both Lease options the total kms are set to 45,000.

Other Finance Options

Current Finance Offers

Current Finance Offers

Click below to find out the range of outstanding finance and lease offers that are currently available. 

Frequently Asked Questions

CAN I APPLY ONLINE?

Yes! We have created an excellent tool for calculating your repayments for a lease or a loan. Once you have found the right one for you. Create an account and then follow the instructions provided to apply online.

WHO ACTUALLY FINANCES THE VEHICLE?

Honda is partnered with UDC finance and Motor Trade Finance (MTF). UDC and MTF are then the companies that collect payments from you as a customer. For our lease contracts Honda continues to manage your servicing and end of lease experience wholly. For more information on this please contact the Honda store closest to you.

CAN I BREAK THE LEASE PART WAY THROUGH THE CONTRACT?

Yes! We recognise that life can change and so can your vehicle needs. You have the option to purchase your current lease car, return it early or exchange it for another lease on another Honda car. Fees and charges do apply and the calculation for these can be found on our lease contracts in full detail.

CAN I USE MY PERSONALISED PLATE?

Absolutely! The car is for your use, you may put a personalized number plate on the car. When the lease ends we can take that plate off and will fit another plate onto the car to replace it. There is a very small cost for this that you will need to pay.

WHAT ARE ALL THE LEASE PERIODS AND MILEAGE CAPS OFFERED?

Currently, you can lease between 12 and 45 months and we can handle any KM amount you would like. The standard website quoting system does only supports 12 monthly intervals and 5,000 KM increments of KMS. However, our Honda stores can request a custom quote for you with a specific term or KM allowance. Just visit or contact a store to inquire about one.

WHY DO YOU NEED TO KNOW THE KMS THAT I WILL DO?

A car's resale value and servicing costs are impacted by how far the vehicle will travel and how long it has been on the road. We use the contract term and KMs to calculate the value the car will be worth at the end of the contract. We also calculate how many services the car will need, how many times tyres or brake pads will need replacing, etc. In effect, We ask so that we only need to charge you the least amount per month according to the use you require.

WHAT IS A CONSECUTIVE LEASE AND WHY IS IT DIFFERENT?

Think of a consecutive lease as 3 or even 4 contracts that are all drawn up at the same time. You then take out the first year of the consecutive lease (with higher repayments). After those first 12 months, you are free to terminate the lease at any time without facing a termination fee. However, if you wish to continue leasing the car after the first 12 months the second 12 months of the contract will start (with lower repayments than the first year) and so on until all months of the contract are used up or you wish to finish the lease. This is a fantastic product for someone who is not certain of their situation past a period of 12 months as the flexibility to continue to return leaves them with lots of options.

I AM ON A WORK VISA. CAN I LEASE A VEHICLE?

Yes, however, the lease term is limited to a period the same as or less than the date when the visa will expire. The exception to this rule is a consecutive lease may be used if the customer has more than 12 months of visa but less than 36 or 45 months in total (as this enables the customer to leave after 12 months).

Terms and Conditions

Terms and Conditions

To find out more about our finance rates, fees and charges, along with our application and direct debit forms please click the link below. Alternatively, contact us directly and one of our trained representatives will be able to assist.

Disclaimer: All information represented on this page is not an offer of finance and is being written as a guide only. We recommend that you seek independent financial/legal advice for your specific circumstances.