Automotive

Honda Canada lease takeover fees

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  • May 2nd, 2019 1:59 pm
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[OP]
Sr. Member
Jan 15, 2014
529 posts
104 upvotes
Toronto

Honda Canada lease takeover fees

Hi and just wondering if anybody has dealt with a Honda dealership that doesn't charge another $400 over what Honda Canada does for a lease transfer. The HCF fee is like $495 plus another $400 from two dealers I called.


Thanks in advance.
9 replies
Deal Fanatic
Jul 4, 2004
6395 posts
2574 upvotes
Ottawa
A320B767 wrote: Hi and just wondering if anybody has dealt with a Honda dealership that doesn't charge another $400 over what Honda Canada does for a lease transfer. The HCF fee is like $495 plus another $400 from two dealers I called.


Thanks in advance.
I think it varies greatly by the dealership so just call a bunch. I did it earlier this year and I believe the dealership (ACURA) they used ended up charging about $500 but it was the buyer that found the dealership.
[OP]
Sr. Member
Jan 15, 2014
529 posts
104 upvotes
Toronto
michelb wrote: I think it varies greatly by the dealership so just call a bunch. I did it earlier this year and I believe the dealership (ACURA) they used ended up charging about $500 but it was the buyer that found the dealership.
K thanks
Deal Addict
Jan 8, 2007
2843 posts
1382 upvotes
Calgary
The fee was $450 for 2 Honda leases I had taken over. Both times that was the only charge. I've never heard of 2 fees. Did you call HCF specifically? Maybe this is brand new and came into effect just recently?
Deal Fanatic
Aug 29, 2011
6584 posts
3574 upvotes
Mississauga
Any way to make a buck...
Newbie
Apr 8, 2008
83 posts
43 upvotes
A320B767 wrote: Hi and just wondering if anybody has dealt with a Honda dealership that doesn't charge another $400 over what Honda Canada does for a lease transfer. The HCF fee is like $495 plus another $400 from two dealers I called.


Thanks in advance.
Hello A320B767,
I contacted Honda Finance and they said they charge $450 but dealership may charge extra fees.

Can you please tell me a dealership you used? What fee did they charge? Thank you
[OP]
Sr. Member
Jan 15, 2014
529 posts
104 upvotes
Toronto
Sorry for the delay. I ended up paying $950 plus tax at Oakville Honda.
Banned
Mar 11, 2016
2081 posts
867 upvotes
$950????? That would my ticket to lease a top of the line Toyota then post this BS alll over social media...ALL dealers called , Honda Canada, Honda Finance...Facebook and Twitter
Deal Addict
Oct 8, 2007
1443 posts
385 upvotes
Bedford
I know this is an old thread, but the local dealer in Dartmouth just jacked up their fees to $860 plus HST. A cool grand for shuffling paper. This will be the last Honda lease for me.
Sr. Member
Feb 21, 2010
879 posts
253 upvotes
Scarborough
friend paid $750 (after an hour long negotiation) at Action Honda in the east end toronto. Original agreement had $450 but also had somewhere else that fees can change without notice.

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