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Lease-End Process: Lease Ending

With 90 years of experience, we are working to make Auto Financing easier for you.

Plan ahead

You’ll receive your leased vehicle in top condition. Below is normal wear for which you won’t be charged:

  • Small door dings
  • Paint scratches
  • Stone chips
  • Tire tread worn to 1/8 inch

Excess wear, for which you can be charged, can occur from:

  • Accident damage
  • Not performing routine maintenance
  • Using non-recommended parts and materials

Tools to help determine excess wear. See our Excess Wear table and Wear Square.

Perform periodic checkups

You can determine whether your vehicle is showing signs of excess wear – at any time.

We have a tool available to you—the Wear Square —that can help you determine the extent of damage to:

  • Body surfaces
  • Glass surfaces
  • Interior surfaces
  • Tire tread

You can have any damage repaired before you return your vehicle, and avoid excess charges if you decide not purchase it.

If you don’t have your vehicle repaired, we’ll send you an invoice showing the amount you owe for excess wear.

Download the Wear Square 

Keep an eye on excess mileage, and charges

When you return your leased vehicle, your mileage will be calculated.

If your mileage is greater than what is in your contract, the number of extra miles will be determined by subtracting the total allowed mileage from the actual mileage – as reflected on the vehicle odometer – when the vehicle is returned.

Here’s how you calculate your excess mileage charge:

Number of extra miles x
Per mile charge
(in your contract) =
Excessive mileage charge
(what you owe)

You can pay the total extra mileage fee at the end of your lease term.

Or you can place some beforehand – a little at a time – into your security deposit. That way, you won’t have such a large extra mileage fee payment at the end of your lease.

Our apologies. You may not purchase extra miles before the end of your lease term.

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