Honda Is Latest Automaker To Nix Lease Returns To Other Brands’ Dealers - News Summed Up

Honda Is Latest Automaker To Nix Lease Returns To Other Brands’ Dealers


Honda is the latest automaker to that’s requiring its customers to return leased vehicles only to ... [+] its own dealers. However, this process is becoming a bit more difficult, with Honda being the latest automaker that’s requiring its customers to return leased vehicles only to Honda and Acura dealers. Of course, as Vucurevic points out, this does not prevent a lessee from purchasing a leased vehicle for the buyout price as indicated in the agreement. GM Financial put a halt to honoring sales of its leased vehicles to non-General Motors dealerships as of July 1. Both Honda and General Motors say they will reassess their positions on lease returns at the end of the calendar year.


Source: Forbes July 12, 2021 18:11 UTC



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