Honda and Toyota - 2 Months free

[Let3]

Ok I found it - but it calls it a deferral and it’s not so clear if will have to pay extra 2 months after the lease

[zale]

Ok I found it - but it calls it a deferral and it’s not so clear if will have to pay extra 2 months after the lease

You need to find out if you can keep the vehicle until the maturity date, or if you need to return the vehicle at the same date originally agreed upon in the contract, but need to keep paying for the vehicle two months after returning the vehicle.

[israshot]

You need to find out if you can keep the vehicle until the maturity date, or if you need to return the vehicle at the same date originally agreed upon in the contract, but need to keep paying for the vehicle two months after returning the vehicle.

I called and confirmed with them. Returning car at maturity date, last payment is the month before maturity date, and no payment for the next 2 months.

[sb613]

Anyone knows if the Deferral has impact on credit?

[israshot]

I called and confirmed with them. Returning car at maturity date, last payment is the month before maturity date, and no payment for the next 2 months.

As you can see below, 3 monthly payments remaining with a maturity date in September (5 months). I called them again just to make sure when I need to return my car and was told that it will be in September.

[Let3]

anything for Chevrolet?

I tried with my Chevy - through US Bank - they only offered to defer the payment 2 months, and pay it at end of lease (not extend the lease like Honda).

They did say it doesn’t affect your credit.

[Knak Yankel]

Now it’s official

[israshot]

Now it’s official

That's where I applied last week, not new.

[Yehuda25]

Now it’s official

Is there anything to lose by doing this? Credit or the sort...

[Yehuda25]

Is there anything to lose by doing this? Credit or the sort...

Thank you!


You have successfully submitted your request for a payment extension or deferral. Please allow up to 2 business days for your request to be processed. You may check your account after that time to confirm your request was processed.

TY all, let's see. Hopefully does not affect credit...

[Yehuda25]

Has anyone tried this with Acura?

[popcorn1508]

Now it’s official

I dont see the option. I'm guessing it's because I did a one pay lease.

[Yehuda25]

I dont see the option. I'm guessing it's because I did a one pay lease.

what is a one pay lease? All up-front?

[frankthegr8]

Who has had luck with Toyota lease with TFS? I do not see anything on their owners site in regard to deferment or the like. Do you have to call in?

[Let3]

Anyone knows if the Deferral has impact on credit?

Anyone have any updates on this?

[SY-K]

Has anybody had any success with Hyundai? They’re customer service seems completely closed

[michael]

Would asking for this deferral result in a “remark” on a credit report like we have seen by some mortgages?

[Shmobaum]

Who has had luck with Toyota lease with TFS? I do not see anything on their owners site in regard to deferment or the like. Do you have to call in?

I did. Was very easy to do on the website.

[Eb228]

Has anybody had any success with Hyundai? They’re customer service seems completely closed

Same question

[Mordyk]

Has anybody had any success with Hyundai? They’re customer service seems completely closed

i did. although i did it right away.  was pretty easy then