Extend your lease by 4 months and
enjoy lower monthly payments.
Available on all 2026 CR-V Models.
Available on select 2026 Civic Sedan Models.
Available on all 2026 Civic Hatchback Models.
Available on all 2027 HR-V Models.
Available on all 2026 Accord Models.
FAQ
Find answers to questions about Honda's Stretch Lease Offers, designed to provide flexibility and affordability for your next vehicle.
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What is a Stretch Lease?
Honda’s stretch lease is a limited time offer that delivers a lower monthly payment by extending 24 and 36 month lease terms by four months without a rate increase and without a corresponding reduction in Lease-end Value. Although the total cost of borrowing will be higher, Stretch Lease is a great option for those who prioritize lower monthly payments.
What are the benefits of a Stretch Lease?
- Payments on 24 and 36 month lease terms are stretched over an additional 4 months
- Lower monthly payment
- Example: For a Honda CR-V, a 12% reduction in the monthly payment when extending a 24-month term to a 28-month term
- Lease rates and residual values remain unchanged
What are some examples of Stretch Lease savings?
Original lease: $798/month for 24 months @ 2.99%
With Stretch Lease: $699/month for 28 months @ 2.99%
Prices do not include applicable federal or provincial taxes.
REPRESENTATIVE EXAMPLE (NOT AN OFFER). Lease Vehicle Price is $51,993. 2.99% lease APR for a 24 // 28 month lease term. Monthly lease payment under the 24 month lease term would have been $797.47 – but when amortized over 28 months at 2.99% APR becomes $698.76 a month. The 4 additional months being added to the amortization period are at 2.99% APR. Monthly payment includes: $2,000 freight and PDI; $100 A/C charge; regulatory fees (up to $167.50); lien registration fees (up to $78.50, including lien registering agent fee); as well as all other applicable fees, levies and duties (all of which may vary by region and dealer). License, insurance, registration and applicable sales taxes are extra. $0 down payment or equivalent trade-in, $0 security deposit and first monthly payment due at lease inception. Total lease obligation is $19,139 // $19,565. Total of 24 // 28 monthly payments required. 20,000 kilometre allowance; charge of $0.15/km for excess kilometres.
Is a Stretch Lease right for me?
Consider your financial situation and preferences. A Stretch Lease may be beneficial if you prioritize lower monthly payments and can manage the total increased cost of ownership over the extended 4-month lease term. Although the total cost of borrowing will be higher, Stretch Lease is a great option for those who prioritize lower monthly payments.
Anything else I need to know?
Yes, Stretch Lease is available on 24 and 36 month terms of all Honda models (except Prologue, Civic Type R, Civic SI, Prelude and V6 models).