Loyalty Advantage



Still Have Questions? Read some of the FAQ Below or Call Us at

# (631)366-6000

Do I need to perform maintenance on a leased vehicle?

Yes. As part of your lease agreement, you are responsible for servicing your vehicle in accordance with the manufacturer’s minimum recommendations and as requested by the manufacturer in connection with any recall campaign.

What are the insurance requirements for a leased vehicle?

You must maintain physical damage, comprehensive, and collision insurance coverage in accordance with your state-specific minimum requirements for the duration of your contract. Honda Lease Trust should be listed as an additional insured and loss payee. Please read your lease agreement carefully and contact your insurance agent for details on your state’s requirements or information on coverage to suit your specific needs.

Where do I send my insurance information?

When leasing a new vehicle or changing insurance companies, please have your insurance agent provide appropriate evidence of insurance to Honda Lease Trust, naming it as Loss Payee and Additional Insured. This evidence should be mailed to:

Honda Lease Trust
c/o PDP Services
P.O. Box 650201
Hunt Valley, MD 21065

I typically drive more than 15,000 miles per year. Does that mean I shouldn’t

Not at all. Once your lease begins, you cannot change your mileage allowance. However, we have special lease programs that allow you to buy “up-front” mileage less expensively than you would pay at the conclusion of the lease. Plus, the cost of excess mileage is conveniently included in your monthly payment. If you do not use all the miles you purchase, no refund is made. Ask your Acura dealer for details.

I want to buy a vehicle service contract. Can I include the cost in my lease

Yes. Your Acura dealer can give you the details. In the meantime, be sure to check out our Acura Care® programs.

What happens if my vehicle is stolen or “totaled” in an accident?

In these cases, your lease may be terminated early. Please contact Client Services as soon as possible to notify us and discuss the next steps. But rest assured — all Acura leases include (Guaranteed Asset Protection) to protect you against unnecessary expenses.

If I lease, am I responsible for sales tax and property tax?

In some states, you pay sales tax that is based upon your monthly payments. Other states require you to pay tax on the full value of the vehicle. Property tax treatment varies from state to state as well. Ask your dealer for information about the tax regulations in your state.

Are leasing and balloon financing available for non-Acura vehicles?

Not through Acura Financial Services®.

What are Acura Loyalty Advantage benefits?

Acura Loyalty Advantage benefits reward loyal Acura Financial Services (AFS) lease clients by offering:

  • Momentum Miles: If you have driven fewer than your contracted lease miles, your unused lease miles (up to 15,000) will be rounded up to the nearest 1,000 and added to your next Acura Luxury Lease.
  • Mileage Forgiveness: If you have driven more than your contracted lease miles (up to 7,500), we will waive half of your excess mileage when you lease or finance through AFS. Plus, if you choose to lease another new Acura with us, we’ll add an additional 1,000 miles to your base mileage amount.



1 Acura Loyalty Advantage (ALA) eligibility is subject to verification and credit approval by Acura Financial Services (AFS). To obtain ALA benefits, clients must lease a new vehicle from AFS and undergo standard AFS verification and credit approval requirements. ALA benefits are only available within 180 days of the scheduled maturity date and 180 days after lease termination. AFS may terminate ALA benefits at any time, without notice.

2 If you are over your contracted lease miles, half of all your excess miles, up to 7,500 miles, are eligible for waiver if you finance a lease or retail purchase of a new Acura from a participating Acura dealer through Acura Financial Services.

3 If you are under mileage, up to 15,000 miles can be rolled over to your next leased Acura financed by Acura Financial Services if the new Acura is leased from a participating Acura dealer.

©2012 Acura Financial Services® is a DBA of American Honda Finance Corporation and both are service marks of Honda Motor Co., Ltd. Acura, the stylized “A” logo, Acura Luxury Lease, Mileage Forgiveness, and Momentum Miles are trademarks of Honda Motor Co., Ltd.