Lease FAQ

Automatic GAP Coverage. Guaranteed Asset Protection (GAP) generally covers the difference between insurance payments and the outstanding lease if your vehicle is stolen or deemed a total loss. GAP coverage is standard on all Acura Leadership Leasing.

Excess Wear and Use Waiver. Acura Leadership Leasing includes an Excess Wear and Use Waiver policy. The maximum wear and use benefit covers a single incident at a maximum of $500.

No Hidden Fees. Acura Leadership Leasing does not include disposition or purchase-option fees.

Guaranteed Purchase Price. Acura Leadership Leasing locks in the end-of-lease purchase price at signing, which can protect you against market fluctuations.

Paragon Acura Leasing FAQ’s

What if I drive a non-Acura vehicle? No problem. We accept non-Acura vehicle trades, depending on mileage, condition, etc.

Can I exchange my current vehicle for different model than what I’m currently driving? Sure. We can help you find the best fit for your lifestyle, regardless of the model you are currently driving.

How can I extend my lease term? We’re happy to help. Schedule an appointment with a Lease Maturity specialist by calling 1-888-609-0703 to discuss extending your lease.

What is the difference between an equity analysis and end-of-lease vehicle inspection? An equity analysis is conducted by Paragon Acura to determine if you are eligible to purchase or trade-in your vehicle. An end-of-lease vehicle inspection is a mandatory inspection conducted at the end of a lease to ensure the vehicle is in good condition.

Can I still explore my lease-end options? Absolutely. We can work with you to make sure you get the best deal for the vehicle you want.

Do you have a specific lease question? Call a Paragon Acura lease specialist at (718) 550-6046.