Acura Financial Services | Acura Loyalty Advantage
Loyalty has it's rewards. The following offer is available through Acura Financial Services. Offers are available through the credit ore-approval process through AFS.
What is Acura Loyalty Advantage?
ALA features are new additions to the Acura Luxury Lease. These new features reward qualifying, existing Acura clients with either a mileage rollover or mileage waiver when they sign a new Acura Luxury Lease or AFS finance contract. Â ALA features build upon and complement the existing Acura Luxury Lease benefits such as the automatically included Guaranteed Asset Protection (GAP), no disposition fee, and a $1,500 Wear and Use Waiver.
Acura Loyalty Advantage benefits reward loyal Acura Financial Services (AFS) lease clients by offering:
ALA features are new additions to the Acura Luxury Lease. These new features reward qualifying, existing Acura clients with either a mileage rollover or mileage waiver when they sign a new Acura Luxury Lease or AFS finance contract. Â ALA features build upon and complement the existing Acura Luxury Lease benefits such as the automatically included Guaranteed Asset Protection (GAP), no disposition fee, and a $1,500 Wear and Use Waiver.
Acura Loyalty Advantage benefits reward loyal Acura Financial Services (AFS) lease clients by offering:
- Momentum Milesâ„¢: If you have driven less than your contracted lease miles, you will have up to 15,000 miles rolled over to your next Acura Luxury Lease (rounded up to the nearest 1,000).
- Mileage Forgivenessâ„¢: If you have driven more than your contracted lease miles (up to 7,500), we will waive half of your excess mileage when you lease or finance through AFS. Plus, if you choose to lease another new Acura with us, we'll add an additional 1,000 miles to your base mileage amount.
Acura Loyalty Advantage benefits reward loyal Acura Financial Services (AFS) lease clients by offering:
For well qualified buyers and with approved credit by Acura Financial Services. Not applicable on previous purchases. Cannot be combined with any other incentive unless stated. See Fox Acura for complete details.
- How does Momentum Miles work?
Clients who have driven less than their contracted miles will have up to 15,000 miles rolled over to their next Acura Luxury Lease (rounded up to the nearest 1,000).Â
Here are two examples:
- If a client drove 42,700 miles with a contractual mileage allowance of 45,000 miles, 3,000 miles are eligible to be rolled over to the new Acura Luxury Lease.
- If a client drove 26,000 miles with a contractual mileage allowance of 45,000 miles, 15,000 miles are eligible to be rolled over to the new Acura Luxury Lease.
- How does Mileage Forgiveness work?
Clients who have driven more than their contracted miles will have half of the excess miles waived, up to 7,500 miles if they finance or lease another Acura through AFS. In addition, lease clients will receive an extra 1,000 miles added to their baseline mileage amounts.
Here are two examples:
- LEASE, Let's say a client had driven 16,200 miles over his contractual mileage. When he returns his Acura, he decides to lease another Acura through AFS. Through ALA, he would get 7,500 miles waived and would only have to pay for 8,700 miles at the standard over mileage rate. This client would also receive an extra 1,000 miles added to his base mileage lease amount. So if he contracted a new Acura Luxury Lease for 30,000 miles, he would get 31,000 miles instead.
- FINANCE, Let's say another client had driven 10,000 miles over her contractual mileage. When she returns her Acura to your dealership, she decides to return the leased vehicle and finance a new Acura. She will get 5,000 miles waived and will only be responsible for 5,000 miles at the standard over mileage rate.
- Can a client who decides to purchase his or her leased Acura receive ALA benefits?
A client who decides to purchase his or her leased Acura is only eligible for ALA benefits if they subsequently lease or finance a new Acura vehicle through AFS.
- Are there waiver or rollover mile limits?
Yes, the waiver miles are capped at 7,500 miles and the rollover miles are capped at 15,000 miles. Standard over mileage rates will apply for all miles not waived.
- Which clients are eligible for ALA benefits?
Eligible clients have: 1.Signed an Acura Luxury Lease contract. 2. Received approval following standard AFS credit approval policies. 3. Returned the leased Acura to an Acura dealership starting April 23, 2011. 4. Signed a new Acura Luxury Lease or AFS finance contract within 180 days from the vehicles' lease maturity dates.
Important note: The ALA benefit offer will begin 180 days prior to and expire 180 days after a client's lease maturity date. There will be no exceptions.
- What are some ALA restrictions?
ALA benefits may not be: 1. Used by anybody other than a signer on the lease contract. 2. Transferred to somebody that has not signed the lease contract. (For example, a husband cannot transfer his ALA benefits to his wife if she is not a signer on the contract.) 3. Used for more than one lease or finance contract. 4. Split and applied toward two vehicles.
- What if there are two signers (such as a married couple) on one lease contract? Can they both take advantage of ALA?
No, Even though they are both signers, only one of them can take advantage of ALA, not both. (The rule is this: One ALA offer per contract.) Benefits also cannot be split between people.
- Do clients need to return to their originating Acura dealer to take advantage of ALA?
No, Starting April 23 2011, clients can return to any Acura dealership anywhere in the country and receive ALA benefits.
- What if a client returns a leased Acura with unused miles and purchases a  new Acura? Can he or she get a credit for unused miles?
No, Clients who purchase a new Acura through AFS will be able to have over mileage waived. However, they will not receive credit for the additional 1,000 miles or benefit from any unused miles.
- What if my client just recently extended his or her Acura lease? Can he or she still receive ALA benefits?
Yes, Your client remains eligible to receive ALA benefits. AFS will send an end-of-term (EOT) offer letter 90 days prior to the vehicle's new  maturity date with information about which ALA benefits he or she  qualifies for.
- How does Momentum Miles work?
For well qualified buyers and with approved credit by Acura Financial Services. Not applicable on previous purchases. Cannot be combined with any other incentive unless stated. See Fox Acura for complete details.
Contact
Fox Ann Arbor Acura
540 Auto Mall Drive
Ann Arbor, MI 48103
- Sales: 734-786-9105
- Service: 734-786-9106
- Parts: 734-786-9172
Hours
- Monday 9:00am - 6:00pm
- Tuesday 9:00am - 6:00pm
- Wednesday 9:00am - 6:00pm
- Thursday 9:00am - 6:00pm
- Friday 9:00am - 6:00pm
- Saturday 9:00am - 2:00pm
- Sunday Closed
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