Turn in Your Lease or Upgrade and Ride

Take advantage of exclusive offers available through Paragons Lease Return Program.

 

 

Explore Your End of Lease Options with Paragon Acura

Ending a lease should be quick, convenient and hassle free regardless of which option you chose. Here at Paragon, deciding what to do with your leased vehicle has never been simpler. We will work with you to understand all your options and we’ll handle everything from start to finish in just one visit. 

Purchase Your Current Lease

Is your current lease too good to get rid of? Make it yours! Our finance team will start working on the best options available for you to ensure you keep your vehicle with you for the long run. 

Return Your Lease Hassle-Free

Ready for a new vehicle or not sure what is next? Our team will assist you in returning your lease to Acura with no questions asked. Schedule a lease return appointment and we will have you on your way.

Choose Your Next Acura

It’s time for a new ride! After your vehicle has been inspected, you can shop our large selection of inventory. When you lease a new ride from us, your loyalty gives you the advantage of exclusive offers you won’t find anywhere else. We will waive the disposition fee and give you two years free of oil changes and roadside assistance!

What Does an Acura Lease Buyout Actually Cost?

Beyond the residual value in your lease contract, there are several additional costs to account for when completing an Acura lease buyout in New York:

  • New York State sales tax — applied to the full buyout amount at the time of purchase
  • Title and registration fees — required to transfer the vehicle title out of Acura Financial Services and into your name
  • Documentation fee — a standard charge for processing the purchase agreement and related paperwork
  • Financing costs — if you take out a loan to cover the buyout, the interest accrued over your loan term is part of your total cost of ownership

Our finance team at Paragon Acura will provide a full, transparent cost breakdown before you commit to anything, so you know exactly what you’re signing.

Can You Negotiate an Acura Lease Buyout?

The residual value established in your original lease agreement is fixed — it cannot be renegotiated regardless of current market conditions. However, there are still areas where you can work to your advantage:

  • Below-market purchase price — if your Acura’s current market value exceeds the residual, you may be buying at a discount to what the vehicle is actually worth
  • Financing rate — your loan rate is negotiable; our finance team shops multiple lenders to find you the most competitive terms available
  • Acting early — initiating the buyout process before your lease expires gives you time to make a confident, pressure-free decision

While the purchase price itself is set, the financing terms and timing are factors you can control — and they matter.

Does an Acura Lease Buyout Have to Go Through the Dealership?

Yes. Acura Financial Services requires that all lease buyouts be processed through an authorized Acura dealership. You cannot complete the purchase directly through AFS on your own.

At Paragon Acura, our finance team manages the entire process in a single visit:

  • Pulling your official payoff quote directly from Acura Financial Services
  • Submitting your financing application and presenting competitive lender options
  • Handling the New York title transfer and DMV registration paperwork from start to finish

If your lease is ending soon, reach out before the deadline. Contact our finance team or schedule an appointment at Paragon Acura today.

Paragon Acura — Lease Buyout FAQs

What is an Acura lease buyout?
A lease buyout is the process of purchasing the Acura you’ve been leasing rather than returning it at lease end. Your original lease agreement includes a residual value — a predetermined purchase price — that gives you the contractual right to buy the vehicle outright. Paragon Acura’s finance team can help you evaluate whether a buyout is the right financial decision for your situation.
When can I buy out my Acura lease?
You have the option to buy out your lease at the end of your term or, in most cases, before the term expires. Early buyouts are permitted under most Acura Financial Services agreements, though additional fees may apply depending on how many months remain. We recommend contacting our team at least 60 to 90 days before your lease end date so there is adequate time to explore your options without any last-minute pressure.
How is the Acura lease buyout price determined?
The buyout price is the residual value stated in your original lease contract — the projected worth of the vehicle at the end of the lease term. This figure is established at lease signing and does not change based on current market conditions. Depending on how the used vehicle market has shifted since you signed, your residual value may actually be lower than what your Acura could sell for today, making a buyout a particularly attractive option.
Can I finance an Acura lease buyout?
Yes. Most customers finance their lease buyout rather than paying the residual in full at once. Paragon Acura works with a range of lenders — including Acura Financial Services — to find competitive loan rates and terms for your buyout. You can begin the process through our online finance application or by speaking with a finance specialist at our Woodside dealership.
Is buying out my Acura lease better than returning it and leasing a new one?
The right choice depends on your priorities. If you’re satisfied with your current vehicle, have accumulated mileage close to or over your limit, and want to avoid the transaction costs of entering a new lease, a buyout is often the more cost-effective path. On the other hand, if you want the latest Acura technology, updated safety systems, or prefer to stay on a lease cycle, returning and re-leasing a new model may be the better fit. Our team will lay out both options so you can make an informed decision.
What happens if I’m over my mileage limit at lease end?
Exceeding your contracted mileage allowance results in a per-mile overage fee assessed at the time of vehicle return. Choosing to buy out your lease eliminates that charge entirely — the excess miles are absorbed into the purchase price rather than invoiced separately. For lessees who have driven beyond their limit, a buyout frequently proves to be the more economical outcome.
What is a disposition fee, and do I have to pay it?
A disposition fee is charged by Acura Financial Services when you return a leased vehicle at lease end without transitioning into a new Acura product. The fee is typically a few hundred dollars. It is waived entirely if you buy out your current lease or choose to lease or purchase a new Acura through Paragon Acura.
Can I trade in my leased Acura instead of buying it out?
In many situations, yes. If your vehicle’s current appraised value exceeds your residual price, you have positive equity — and that equity can be applied toward the purchase or lease of your next vehicle at Paragon Acura. Our team can assess your vehicle’s current value and walk you through whether a trade makes sense. Use our Value My Trade tool to get a starting estimate.
What loyalty benefits are available to returning Acura lessees?
Returning Acura lessees who choose to lease their next vehicle through Paragon Acura may be eligible for exclusive loyalty incentives, including a waived disposition fee and complimentary scheduled maintenance for a set period. Program availability and terms vary by offer period. Ask your finance specialist about all current loyalty incentives when you visit — these benefits are not available at every dealership.
How do I get started with a lease buyout at Paragon Acura?
The simplest first step is to complete our online finance application or call our finance team directly. If you have your lease agreement available, bring it along — it helps us reference your residual value and remaining term right away. From there, we’ll walk you through every option, answer your questions, and take care of all the paperwork in one visit to our Woodside location.