Honda Car Lease

The individual should keep in mind that the above-mentioned features will not be applicable in case of car purchase.

Honda Car Lease: How It Works

Revv Open offers cost-effective and budget-friendly options for car leasing. The procedure of leasing a car has been mentioned below:

For a brand-new car:

• Select the model that you want to lease from an extensive list of Honda models. It is important to know that the return of the leased vehicle can only be done in the city that it has been leased from in the first place.
• Thereafter, the individual will be required to book his/her desired model online through the company's platform.
• Once the model has been booked, the individual will then be required to pay a nominal security deposit. He/she will also be required to pay the one-month rental amount thereafter. The security deposit that the individual makes in the beginning will be fully refundable.
• Revv Open will purchase the car for you, register it, and deliver it to your doorstep within a time period of 30-45 days.
• After that, the individual will be required to pay the monthly rental for as long as he/she wishes to keep the car.
• The individual may continue to use the leased car. He/she may also acquire the same from Revv Open if they end up loving the car.

Unboxed Vehicles Less Than 2 Years Old

• The individual will first be required to select the model of the Honda car he/she wants to lease.
• He/she will then be required to answer a few questions in order to get approval for the car lease.
• In the next step, the individual will be required to pay Rs.2,000 in order to book the car he/she desires.
• Revv Open will deliver the leased car to the lessee's doorstep. Thereafter, the lessee will be required to start paying the monthly rental amount. The maintenance cost will be included in the rental amount.
• After using it for as long as he/she wants to, the lessee can return the car to Revv Open in the same city he/she leased it from.

Eligibility Criteria for Honda Car Leasing

The following eligibility conditions have to be met with in order to lease a Honda car from Revv Open:

• The individual applying for the car lease must be a resident of the following cities - Hyderabad, New Delhi, Bengaluru, Chandigarh, Pune, Mumbai, Vizag, Jaipur, Ahmedabad, Mysuru, Kochi, Mangalore, Surat, Kolkata, Vijaywada, Tirupati, or Trivandrum.
• The applicant has to be at least 21 years old.
• The applicant cannot be more than 40 years old for leasing a car.
• The applicant must have a valid driving license.
• The applicant must have a valid proof of address.
• If the applicant is a salaried professional, he/she has to have a minimum annual income of Rs.4.8 lakh.
• If the individual is self-employed, his/her minimum income on an annual basis must be Rs.7.2 lakh.
• The individual's ongoing installments (EMIs) must be less than 50% of his/her income.
• If the applicant has moved to a different city, he/she has to be a resident for at least three months before he/she can lease a car.

Documents Required

The following documents are mandatory to get a Honda car on lease from Revv Open:

• For KYC - driving license and PAN Card
• Proof of income
• Statements from the bank
• A single photograph of the applicant

Honda Car Lease through BankBazaar.com

The Honda models that can be leased through Revv Open are:

• Honda Amaze
• Hona City

A good credit score can help you secure lower interest rates on loans and credit cards.

Get Free Credit Score