Answer on lease extention

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Larry in AZ - 05 Jan 2008 04:04 GMT

Honda will extend a car lease on a customer-by-customer basis, and the
dealers don't handle any part of it.

They do not recalculate the lease payment based on the new, depreciated value
of the vehicle, no matter how long you want to extend.

So, if you need to extend for a month or two while waiting for another car,
it could be worthwhile, but not for a long term.

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Larry J. - Remove spamtrap in ALLCAPS to e-mail

"A lack of common sense is now considered a disability,
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Elmo P. Shagnasty - 05 Jan 2008 12:35 GMT

> Honda will extend a car lease on a customer-by-customer basis, and the
> dealers don't handle any part of it.

This was news to you?

The dealer sold you the car, bought your car back, and--as an agent of
Honda's leasing arm--sold you the lease, which was owned by Honda.

Why the hell would you think that the dealer would have ANYTHING to do
with it anyway?

And the word is extension, not "extention".

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