u/Fragrant_Equipment13

Honda Lease Buyout

My Honda lease is up next month and I am 90% sure I will be buying it out. I’m over my miles by 6,000, so not terrible, about $1000. My buyout is just shy of $16000 and KBB is saying it’s worth $18-$20K. I typically just trade in my lease for a new one, but think buying now is a better idea.

But I need to go through Honda Financial Services for financing. What kind of leverage do I have for good terms if that is my only option? What’s the best way to negotiate?

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u/Fragrant_Equipment13 — 4 days ago