If you are currently leasing through Acura Financial Services, you may have questions about what to expect at the end of your lease. This guide provides you with an explanation of lease-end options and the procedures to follow at vehicle turn-in.
- Option 1: Get into a new Acura
- Option 2: Turn in your current Acura
- Option 3: Keep your current Acura
Option 1 - Get into a new Acura
Step 1 - Contact Acura Santa Barbara
Visit Acura Santa Barbara and view our current New or Used inventory. If you're interested in a particular vehicle, call or stop by to take it for a test drive to ensure it's the right Acura for you.
Step 2 - Evaluate your current Acura. All inspections are completed through SGS. It is recommended that you schedule an inspection about 30-90 days before your lease end. You can call SGS at 1-800-340-4080 or visit SGSAUTO.COM. Any damage to your vehicle that is deemed to be excess wear and use is chargeable. Please have your account number and vin number ready to schedule appointment.
Step 3 - If necessary, repair your current Acura
If there is any excess wear and use present, you will receive an estimated cost for repair shortly after your vehicle inspection. To ensure that the repairs are acceptable, we recommend having them completed at Acura Santa Barbara. You will be required to forward your repair receipts to Acura Financial Services to ensure that your maturity billing is updated accordingly. Or, if more convenient, you can choose to return your vehicle as is and pay any outstanding charges at that time.
Step 4 - Return your current lease at the same time you pick up your new lease. Your sales person will coordinate the new car pick up with your current lease turn in to make the process as simple and time effective as possible. If you have already done the inspection, there will be no further inspection of the vehicle. If no inspection has been completed, Acura Financial Services will schedule SGS to perform a final inspection after you have returned your vehicle. *
Step 1 - Evaluate your current Acura
It is recommended that you schedule an inspection about 30-90 days before your lease end. You can call SGS at 1-800-340-4080 or visit SGSAUTO.COM. Any damage to your vehicle that is deemed to be excess wear and use is chargeable. All inspections are completed through SGS. Please have your account number and vin number ready to schedule appointment.
Step 2 - If necessary, repair your current Acura If there is any excess wear and use present, you will receive an estimated cost for repair shortly after your vehicle inspection. We can help you with repair options if needed
Step 3 - Returning your Acura Please contact Acura Santa Barbara and schedule an appointment to return your vehicle on or before your lease maturity date. Acura Santa Barbara will review the condition of your vehicle and confirm that the necessary repairs have/have not been made
Option 3 - Keeping your current Acura
- Make arrangements to keep driving your current Acura by extending your lease, or re-leasing the current vehicle.
- Purchase your vehicle outright with financing options through Acura Financial Services.
Should you wish to purchase the vehicle that you are currently driving, you may do so by paying the residual value shown on your original lease agreement. You can choose to either finance the total amount due with Acura Financial Services or pay it off completely. Please contact our Finance Department (805) 682-2000 with any questions if you would like to try and purchase your vehicle.