What are Honda Lease Loyalty Advantage Benefits?
Included with your Honda Lease are the exclusive benefits of Okotoks Honda Loyalty Advantage. With Honda Loyalty Advantage, if you exceed your yearly or contractual lease milage, you can have half of your excess mileage waived (up to 7,500km) with Mileage Forgiveness. Plus, if you upgrade to a new Honda model, you will be eligible for additional Honda Plus Warranty. Lastly if you end up driving fewer than your contracted lease miles, you will benefit from mileage bonus incentives towards your new Honda Lease. Honda Loyalty Advantage is just one more great benefit of an Honda Luxury Lease Program.
Honda Loyalty Advantage benefits reward loyal Honda Financial Services (HFS) lease clients by offering:
Excessive Wear & Use Waiver
A Okotoks Honda Lease includes a $750 Excessive Wear and Use Waiver that should cover most wear-and-use costs. Loyal clients who purchase or lease their next Honda vehicle may qualify for an additional waiver (total amount waived not to exceed $1,500) and may be eligible to get their turn-in fee waived. And with no purchase option fee, you’ll have the opportunity to save even more.
More options with more peace of mind. A Okotoks Honda Lease automatically includes Guaranteed Asset Protection (GAP) coverage, potentially saving you thousands of dollars in unexpected costs. In the event your vehicle is stolen or deemed a total loss, GAP covers the difference between the remaining amount on the lease and the amount your vehicle insurance pays.
Guaranteed Purchase Price
With an Honda Lease, you’ll know in advance what your Honda will cost to purchase at lease-end. So even if the vehicle holds a higher value when the lease term ends, you can still purchase it at the guaranteed amount to either keep or resell. If, at the end of the lease, the vehicle is worth less than the guaranteed price, you can turn it in and lease a new Honda.