If There's a GAP We Fill It:

Sometimes car insurance isn't enough. If your leased vehicle is stolen or ends up in an accident or fire, the vehicle may be written off. To insurance companies, a "write-off" means fair market value minus your deductible. Sometimes, this isn't enough to cover what is left owing on your lease. Honda leases offer you protection against these situations. Any gap between your insurance settlement and your lease contract is covered automatically by GAP protection (Guaranteed Asset Protection). It's a little like having a money back guarantee on your lease vehicle.

We've got you covered:

Most of our Honda lessees choose a four or five year lease term. The first three years are covered by factory warranty. Honda Plus Extended Warranty Protection is available to cover the fourth or fifth year. While you are leasing, you use the First Period of Warranty Coverage during the fourth and/or fifth year. If you purchase your vehicle at the end of the lease term you may be eligible to purchase more extended warranty, the Second Period of Warranty Coverage. This way, you pay for the warranty you are using when you are using it. With Honda’s Upgradeable Plan (UPL) you’ll benefit from a full seven years and 160,000 km of comprehensive protection. Simple and sensible!

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